LIC Mutual Fund

The LIC of India founded LIC mutual fund on April 20, 1989. For 59 years, LIC mutual fund schemes have aimed to outperform industry standards by extensively studying and analysing various Indian stocks. It routinely outperforms the competition through a combination of large-cap, mid-cap, and sector-specific traits. Through its wide network pan-India, LIC mutual fund returns provide value for the invested capital and foster investor confidence.
  • Equity
  • Hybrid
  • Elss
  • Debt
  • Commodity
  • Other
Mutual Fund Schemes
NAV
5Y Returns
AUM(in Cr.)
Compare
35.49Jul 25, 2024
29%
₹193
35.49Jul 25, 2024
29%
₹193
32.12Jul 25, 2024
29%
₹281
32.12Jul 25, 2024
28%
₹193
30.51Jul 25, 2024
21%
₹236
27.53Jul 25, 2024
20%
₹236
43.87Jul 25, 2024
19%
₹2,471
26.43Jul 25, 2024
19%
₹111
26.41Jul 25, 2024
19%
₹111
34.81Jul 25, 2024
19%
₹2,471
24.86Jul 25, 2024
19%
₹119
32.46Jul 25, 2024
19%
₹236
24.86Jul 25, 2024
18%
₹111
29.34Jul 25, 2024
18%
₹236
31.28Jul 25, 2024
18%
₹2,471
21.53Jul 25, 2024
18%
₹140
16.80Jul 25, 2024
12%
₹505
189.02Jul 25, 2024
11%
₹505
25.87Jul 25, 2024
9%
₹17
19.27Jul 25, 2024
9%
₹16
20.38Jul 25, 2024
9%
₹16
77.77Jul 25, 2024
7%
₹53
149.29Jul 25, 2024
18%
₹1,152
168.38Jul 25, 2024
18%
₹1,021
37.29Jul 25, 2024
18%
₹1,021
31.35Jul 25, 2024
17%
₹1,021
61.23Jul 25, 2024
7%
₹45
17.64Jul 25, 2024
7%
₹45
25.75Jul 25, 2024
7%
₹1,147
20.91Jul 25, 2024
7%
₹45
55.95Jul 25, 2024
7%
₹45
32.32Jul 25, 2024
7%
₹45
16.13Jul 25, 2024
7%
₹45
34.58Jul 25, 2024
6%
₹1,410
4487.24Jul 25, 2024
5%
₹12,530
6172.90Jul 25, 2024
15%
₹129
18.61Jul 25, 2024
14%
₹54

Key Information about LIC Mutual Fund

Mutual Fund NameLIC Mutual Fund
OfficeRegistered Office 4th Floor, Industrial Assurance Building, Opp. Churchgate Station, Mumbai - 400 020
Email Idservice@licnomuramf.com
Phone No.022-66016000
Fax022-22880633
Websitewww.licmf.com
Set up dateApr 20, 1994
Mutual Fund TypeInstitutions
AMC incorporation DateApr 20, 1994
CityMumbai

Fund Managers

YP

Mr. Yogesh PatilFund Manager - Equities

Mr. Yogesh Patil has a total experience of 9 years. Prior to joining this, he was working with Sahara Mutual Fund as Research Analyst, with Religare Enterprise Limited as Equity Advisor.

MB

Mr. Mahesh BendreFund Manager

Mr. Bendre has over 12 years of experience in the Financial Services Industry.

About LIC Mutual Funds

LIC of India founded the LIC Mutual Fund on April 20, 1989, and is one of the well-known companies in the asset management industry. LIC Mutual Fund is becoming a preferred investment manager within the investor community thanks to a systematic investment discipline and a high standard of financial ethics and corporate governance. There are 27 LIC mutual fund schemes curated to accommodate the various financial needs of the clients. By offering excellent investment opportunities and unmatched customer care support.

Type of LIC Mutual Funds

There are 27 LIC mutual fund schemes offered to the client. The type of mutual funds offered by LIC is given below:

  • Equity Funds
  • Debt Funds
  • Hybrid Funds
  • ETFs and Index Funds
  • Solution Oriented Funds
  • New Offer Funds

How Can You Invest in LIC Mutual Funds?

One can invest in LIC Mutual Fund Asset Management Ltd. online using the following procedures.

  • Investment through the official portal of LIC MF
  • Investment through an authorised distributor 
  • Investment through a third-party

It must be noted that the applications for the distribution of LIC mutual fund units should only be submitted in the format specified. The names of "the respective scheme" should be written on checks or demand draughts.

Process and Documents to Invest in LIC Mutual Funds?

The documents required to be produced to enjoy the maximum LIC mutual fund returns are given below. These documents must be carried out to eliminate errors, ensure a smooth procedure, and help save time and effort.

  • Duly filled application form.
  • Proof of Address like an Aadhaar card, recent utility bills, PAN card, etc.
  • Proof of Identity like an aadhaar card, passport, PAN card, driving license etc.
  • SIP application form
  • Cheque and a declaration of parents if a minor is involved.  
  • ECS application form

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Frequently Asked Questions (FAQs)

Which is the best LIC Mutual Fund?

The LIC MF infrastructure fund is among the best, with NAV INR 23.8342.

Is there any mutual fund of LIC?

LIC offers its clients 27 schemes of mutual funds to meet their financial requirements.

What is better, SIP or LIC?

The comparison of SIP or LIC is difficult. The one that suits you is the one you should opt for.

Is SIP available in LIC?

Yes, SIP is available in LIC.

Is LIC Mutual Fund taxable?

If you avail of the LIC MF savings fund, you will be eligible to enjoy tax benefits under Section 80b C of the Income Tax Act.

Which monthly SIP is best?

Quant Active Fund is the best monthly SIP with a return of 30.0% p.a..

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