Best LIC Equity Mutual Funds
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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Top 10 Lic Mutual Funds
| Fund Name | Category | Risk | 1Y Returns | Rating | Fund Size(in Cr) | |
|---|---|---|---|---|---|---|
| LIC MF Large & Mid Cap Fund | Equity | Very High | 57.4% | 3star | ₹1,207 | |
| LIC MF Index Fund - Sensex Plan | Other | Very High | 46.2% | 4star | ₹36 | |
| LIC MF Banking & PSU Debt Fund | Debt | Low to Moderate | 4.0% | 2star | ₹2,200 | |
| LIC MF Liquid Fund | Debt | Low to Moderate | 3.3% | 5star | ₹7,257 | |
| LIC MF Tax Plan | Equity | Very High | 52.8% | 3star | ₹368 | |
| LIC MF G Sec Fund | Debt | Low to Moderate | 4.0% | 4star | ₹48 | |
| LIC MF Banking & Financial Services Fund | Equity | Very High | 56.6% | 1star | ₹60 | |
| LIC MF Index Fund - Nifty Plan | Other | Very High | 48.6% | 3star | ₹47 | |
| LIC MF Savings Fund | Debt | Low to Moderate | 4.8% | 3star | ₹1,243 | |
| LIC MF Large Cap Fund | Equity | Very High | 47.7% | 3star | ₹555 | |
| LIC MF Flexi Cap Fund | Equity | Very High | 42.4% | 2star | ₹392 | |
| LIC MF Equity Hybrid Fund | Hybrid | Very High | 33.7% | 2star | ₹456 | |
| LIC MF Childrens Fund | Solution Oriented | Very High | 35.0% | 2star | ₹14 | |
| LIC MF Bond Fund | Debt | Moderate | 1.9% | 2star | ₹151 | |
| LIC MF Infrastructure Fund | Equity | Very High | 69.9% | 3star | ₹69 | |
| View All Top 10 Lic Mutual Funds |
Let's have a closer look
Now let us jump and check about these top 10 mutual fund schemes.
LIC MF Large & Mid Cap Fund Direct Growth
Fund Performance: This fund has given 15.9% annualized returns in the last three years. In the last year, its returns were 57.35%. 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 57.35% 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 | ₹1,207Cr |
| 1Y Returns | 57.4% |
LIC MF Index Sensex Fund Direct Growth
Fund Performance: This fund has given 13.32% annualized returns in the last three years. In the last year, its returns were 46.16%. It has continually hit its benchmark in the Other segment.
Why to invest: It is one of the most remarkable Other mutual funds in India. This fund has constantly outperformed other similar funds, providing 46.16% 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 | ₹36Cr |
| 1Y Returns | 46.2% |
LIC MF Banking & PSU Debt Fund Direct Growth
Fund Performance: This fund has given 8.38% annualized returns in the last three years. In the last year, its returns were 3.96%. 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 3.96% 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 | ₹2,200Cr |
| 1Y Returns | 4.0% |
LIC MF Liquid Fund Direct Growth
Fund Performance: This fund has given 5.37% annualized returns in the last three years. In the last year, its returns were 3.33%. 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 3.33% 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 | ₹7,257Cr |
| 1Y Returns | 3.3% |
LIC MF Tax Direct Plan Growth
Fund Performance: This fund has given 13.59% annualized returns in the last three years. In the last year, its returns were 52.8%. 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 52.8% returns in the last one year. Minimum lump sum investment amount required to invest in this scheme is ₹500. Minimum SIP investment amount required for this scheme is ₹500.
| Min Investment Amt | ₹500 |
|---|---|
| AUM | ₹368Cr |
| 1Y Returns | 52.8% |
LIC MF Govt. Securities Fund Direct Growth
Fund Performance: This fund has given 10.3% annualized returns in the last three years. In the last year, its returns were 3.97%. 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 3.97% 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 | ₹48Cr |
| 1Y Returns | 4.0% |
LIC MF Banking & Financial Services Fund Direct Growth
Fund Performance: This fund has given 7.92% annualized returns in the last three years. In the last year, its returns were 56.65%. 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 56.65% 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 | ₹60Cr |
| 1Y Returns | 56.6% |
LIC MF Index Nifty Fund Direct Growth
Fund Performance: This fund has given 12.99% annualized returns in the last three years. In the last year, its returns were 48.57%. It has continually hit its benchmark in the Other segment.
Why to invest: It is one of the most remarkable Other mutual funds in India. This fund has constantly outperformed other similar funds, providing 48.57% 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 | ₹47Cr |
| 1Y Returns | 48.6% |
LIC MF Savings Fund Direct Growth
Fund Performance: This fund has given 5.91% annualized returns in the last three years. In the last year, its returns were 4.82%. 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 4.82% 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 | ₹1,243Cr |
| 1Y Returns | 4.8% |
LIC MF Large Cap Fund Direct Growth
Fund Performance: This fund has given 14.22% annualized returns in the last three years. In the last year, its returns were 47.67%. 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 47.67% 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 | ₹555Cr |
| 1Y Returns | 47.7% |
LIC MF Flexi Cap Fund Direct Growth
Fund Performance: This fund has given 12.92% annualized returns in the last three years. In the last year, its returns were 42.44%. 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 42.44% 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 | ₹392Cr |
| 1Y Returns | 42.4% |
LIC MF Equity Hybrid Fund Direct Growth
Fund Performance: This fund has given 12.56% annualized returns in the last three years. In the last year, its returns were 33.71%. 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 33.71% 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 | ₹456Cr |
| 1Y Returns | 33.7% |
LIC MF Children's Gift Fund Direct Growth
Fund Performance: This fund has given 11.84% annualized returns in the last three years. In the last year, its returns were 34.98%. It has continually hit its benchmark in the Solution Oriented segment.
Why to invest: It is one of the most remarkable Solution Oriented mutual funds in India. This fund has constantly outperformed other similar funds, providing 34.98% 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 | ₹14Cr |
| 1Y Returns | 35.0% |
LIC MF Bond Fund Direct Growth
Fund Performance: This fund has given 8.29% annualized returns in the last three years. In the last year, its returns were 1.93%. 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 1.93% 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 | ₹151Cr |
| 1Y Returns | 1.9% |
LIC MF Infrastructure Fund Direct Growth
Fund Performance: This fund has given 15.01% annualized returns in the last three years. In the last year, its returns were 69.92%. 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 69.92% 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 | ₹69Cr |
| 1Y Returns | 69.9% |
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