Established in 20th April 1989, it is an associate company of one of India's most reputed brands LIC. LIC Mutual funds aim to create financial discipline and corporate governance and is chosen by many investors, due to it being a pioneering brand.
The motto of LIC is to create value for its investors by adopting an investing strategy that is innovative, yet stable for a dynamic environment, such as ours. It targets to cater to all segments of the society and creating an investment experience which is unparalleled.
It offers a large variety of funds, starting from equity, debt, hybrid, solution oriented and index funds. Investors of different risk appetites and investment duration can build a strong portfolio through LIC mutual funds.
Equity Savings Fund typically invests the total capital in three segments- pure equity, arbitrage and debt funds. Generally, one-third of the total capital in pure equity, one-third in debt funds and the balance in arbitrage funds. However, the composition varies from fund to fund. The equity component can vary from 20-40% approx and depends on the type of mutual fund.
These funds outperform debt funds over taxation and treated as equity funds for taxation. If sold before a year, short term capital gains are taxed at 15% and if sold after a year, no tax is levied on the gains.
Purpose: Invest here for your longer duration to get higher returns than debt funds.
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| Fund Name | Category | Risk | 1Y Returns | Rating | Fund Size(in Cr) | |
|---|---|---|---|---|---|---|
| LIC MF Large & Mid Cap Fund | Equity | Moderately High | -15.1% | 4star | ₹657 | |
| LIC MF Index Fund - Sensex Plan | Others | Moderately High | -20.8% | 3star | ₹21 | |
| LIC MF Banking & PSU Debt Fund | Debt | Moderate | 9.8% | 5star | ₹1,576 | |
| LIC MF Liquid Fund | Debt | Low | 6.4% | 3star | ₹9,789 | |
| LIC MF Tax Plan | Equity | Moderately High | -16.4% | 4star | ₹272 | |
| LIC MF G Sec Fund | Debt | Moderate | 13.9% | 4star | ₹40 | |
| LIC MF Banking & Financial Services Fund | Equity | High | -25.3% | 1star | ₹55 | |
| LIC MF Index Fund - Nifty Plan | Others | Moderately High | -23.5% | 2star | ₹24 | |
| LIC MF Savings Fund | Debt | Moderate | 3.1% | 3star | ₹995 | |
| LIC MF Large Cap Fund | Equity | Moderately High | -10.3% | 3star | ₹329 | |
| LIC MF Multi Cap Fund | Equity | Moderately High | -14.6% | 1star | ₹300 | |
| LIC MF Equity Hybrid Fund | Hybrid | Moderately High | -9.6% | 2star | ₹422 | |
| LIC MF Bond Fund | Debt | Moderate | 11.5% | 3star | ₹185 | |
| LIC MF Infrastructure Fund | Equity | High | -26.6% | 3star | ₹51 | |
| LIC MF Debt Hybrid Fund | Hybrid | Moderate | 5.2% | 2star | ₹65 | |
| View All Top 10 Lic Mutual Funds |
Now let us jump and check about these top 10 mutual fund schemes.
Fund Performance: This fund has given 1.17% annualized returns in the last three years. In the last year, its returns were -15.1%. It has continually hit its benchmark in the Equity segment.
Why to invest: It is one of the most remarkable Equity mutual funds in India. This fund has constantly outperformed other similar funds, providing -15.1% returns in the last one year. Minimum lump sum investment amount required to invest in this scheme is ₹5,000. Minimum SIP investment amount required for this scheme is ₹1,000.
| Min Investment Amt | ₹5,000 |
|---|---|
| AUM | ₹657Cr |
| 1Y Returns | -15.1% |
Fund Performance: This fund has given 1.19% annualized returns in the last three years. In the last year, its returns were -20.82%. It has continually hit its benchmark in the Others segment.
Why to invest: It is one of the most remarkable Others mutual funds in India. This fund has constantly outperformed other similar funds, providing -20.82% returns in the last one year. Minimum lump sum investment amount required to invest in this scheme is ₹5,000. Minimum SIP investment amount required for this scheme is ₹1,000.
| Min Investment Amt | ₹5,000 |
|---|---|
| AUM | ₹21Cr |
| 1Y Returns | -20.8% |
Fund Performance: This fund has given 8.41% annualized returns in the last three years. In the last year, its returns were 9.76%. It has continually hit its benchmark in the Debt segment.
Why to invest: It is one of the most remarkable Debt mutual funds in India. This fund has constantly outperformed other similar funds, providing 9.76% returns in the last one year. Minimum lump sum investment amount required to invest in this scheme is ₹5,000. Minimum SIP investment amount required for this scheme is ₹1,000.
| Min Investment Amt | ₹5,000 |
|---|---|
| AUM | ₹1,576Cr |
| 1Y Returns | 9.8% |
Fund Performance: This fund has given 6.9% annualized returns in the last three years. In the last year, its returns were 6.36%. It has continually hit its benchmark in the Debt segment.
Why to invest: It is one of the most remarkable Debt mutual funds in India. This fund has constantly outperformed other similar funds, providing 6.36% returns in the last one year. Minimum lump sum investment amount required to invest in this scheme is ₹5,000. Minimum SIP investment amount required for this scheme is ₹1,000.
| Min Investment Amt | ₹5,000 |
|---|---|
| AUM | ₹9,789Cr |
| 1Y Returns | 6.4% |
Fund Performance: This fund has given 1.65% annualized returns in the last three years. In the last year, its returns were -16.41%. It has continually hit its benchmark in the Equity segment.
Why to invest: It is one of the most remarkable Equity mutual funds in India. This fund has constantly outperformed other similar funds, providing -16.41% returns in the last one year. . Minimum SIP investment amount required for this scheme is ₹500.
| Min Investment Amt | ₹500 |
|---|---|
| AUM | ₹272Cr |
| 1Y Returns | -16.4% |
Fund Performance: This fund has given 8.79% annualized returns in the last three years. In the last year, its returns were 13.92%. It has continually hit its benchmark in the Debt segment.
Why to invest: It is one of the most remarkable Debt mutual funds in India. This fund has constantly outperformed other similar funds, providing 13.92% returns in the last one year. Minimum lump sum investment amount required to invest in this scheme is ₹10,000. Minimum SIP investment amount required for this scheme is ₹1,000.
| Min Investment Amt | ₹10,000 |
|---|---|
| AUM | ₹40Cr |
| 1Y Returns | 13.9% |
Fund Performance: This fund has given -8.06% annualized returns in the last three years. In the last year, its returns were -25.32%. It has continually hit its benchmark in the Equity segment.
Why to invest: It is one of the most remarkable Equity mutual funds in India. This fund has constantly outperformed other similar funds, providing -25.32% returns in the last one year. Minimum lump sum investment amount required to invest in this scheme is ₹5,000. Minimum SIP investment amount required for this scheme is ₹1,000.
| Min Investment Amt | ₹5,000 |
|---|---|
| AUM | ₹55Cr |
| 1Y Returns | -25.3% |
Fund Performance: This fund has given -0.91% annualized returns in the last three years. In the last year, its returns were -23.5%. It has continually hit its benchmark in the Others segment.
Why to invest: It is one of the most remarkable Others mutual funds in India. This fund has constantly outperformed other similar funds, providing -23.5% returns in the last one year. Minimum lump sum investment amount required to invest in this scheme is ₹5,000. Minimum SIP investment amount required for this scheme is ₹1,000.
| Min Investment Amt | ₹5,000 |
|---|---|
| AUM | ₹24Cr |
| 1Y Returns | -23.5% |
Fund Performance: This fund has given 6.09% annualized returns in the last three years. In the last year, its returns were 3.1%. It has continually hit its benchmark in the Debt segment.
Why to invest: It is one of the most remarkable Debt mutual funds in India. This fund has constantly outperformed other similar funds, providing 3.1% returns in the last one year. Minimum lump sum investment amount required to invest in this scheme is ₹5,000. Minimum SIP investment amount required for this scheme is ₹1,000.
| Min Investment Amt | ₹5,000 |
|---|---|
| AUM | ₹995Cr |
| 1Y Returns | 3.1% |
Fund Performance: This fund has given 2.74% annualized returns in the last three years. In the last year, its returns were -10.33%. It has continually hit its benchmark in the Equity segment.
Why to invest: It is one of the most remarkable Equity mutual funds in India. This fund has constantly outperformed other similar funds, providing -10.33% returns in the last one year. Minimum lump sum investment amount required to invest in this scheme is ₹5,000. Minimum SIP investment amount required for this scheme is ₹1,000.
| Min Investment Amt | ₹5,000 |
|---|---|
| AUM | ₹329Cr |
| 1Y Returns | -10.3% |
Fund Performance: This fund has given -1.45% annualized returns in the last three years. In the last year, its returns were -14.58%. It has continually hit its benchmark in the Equity segment.
Why to invest: It is one of the most remarkable Equity mutual funds in India. This fund has constantly outperformed other similar funds, providing -14.58% returns in the last one year. Minimum lump sum investment amount required to invest in this scheme is ₹5,000. Minimum SIP investment amount required for this scheme is ₹1,000.
| Min Investment Amt | ₹5,000 |
|---|---|
| AUM | ₹300Cr |
| 1Y Returns | -14.6% |
Fund Performance: This fund has given 0.9% annualized returns in the last three years. In the last year, its returns were -9.6%. It has continually hit its benchmark in the Hybrid segment.
Why to invest: It is one of the most remarkable Hybrid mutual funds in India. This fund has constantly outperformed other similar funds, providing -9.6% returns in the last one year. Minimum lump sum investment amount required to invest in this scheme is ₹5,000. Minimum SIP investment amount required for this scheme is ₹1,000.
| Min Investment Amt | ₹5,000 |
|---|---|
| AUM | ₹422Cr |
| 1Y Returns | -9.6% |
Fund Performance: This fund has given 7.25% annualized returns in the last three years. In the last year, its returns were 11.46%. It has continually hit its benchmark in the Debt segment.
Why to invest: It is one of the most remarkable Debt mutual funds in India. This fund has constantly outperformed other similar funds, providing 11.46% returns in the last one year. Minimum lump sum investment amount required to invest in this scheme is ₹5,000. Minimum SIP investment amount required for this scheme is ₹1,000.
| Min Investment Amt | ₹5,000 |
|---|---|
| AUM | ₹185Cr |
| 1Y Returns | 11.5% |
Fund Performance: This fund has given -5.25% annualized returns in the last three years. In the last year, its returns were -26.59%. It has continually hit its benchmark in the Equity segment.
Why to invest: It is one of the most remarkable Equity mutual funds in India. This fund has constantly outperformed other similar funds, providing -26.59% returns in the last one year. Minimum lump sum investment amount required to invest in this scheme is ₹5,000. Minimum SIP investment amount required for this scheme is ₹1,000.
| Min Investment Amt | ₹5,000 |
|---|---|
| AUM | ₹51Cr |
| 1Y Returns | -26.6% |
Fund Performance: This fund has given 5.34% annualized returns in the last three years. In the last year, its returns were 5.2%. It has continually hit its benchmark in the Hybrid segment.
Why to invest: It is one of the most remarkable Hybrid mutual funds in India. This fund has constantly outperformed other similar funds, providing 5.2% returns in the last one year. Minimum lump sum investment amount required to invest in this scheme is ₹5,000. Minimum SIP investment amount required for this scheme is ₹1,000.
| Min Investment Amt | ₹5,000 |
|---|---|
| AUM | ₹65Cr |
| 1Y Returns | 5.2% |
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