Fall 2024 Scholarship: Get Up to $10K for Your Master's Abroad! Fall 2024 Scholarship: Get Up to $10K for Your Master's Abroad!

Apply now
Image

LIC Mutual Fund

The LIC Mutual Fund was incorporated in 1994 and started operating in the same year. Relatively, the fund is not large-sized, but it is certainly very stable and capable of providing constant returns over the past few years.

Its great USP is that despite its small size, the LIC Mutual Fund provides a plethora of different investment schemes.

 

The total assets under management of the LIC Mutual Fund have a value of 16,906 Cr as of 1 March 2021. The fund provides options for wealth creation, tax saving, regular savings, and the education of your children through the different investment schemes that it provides. These are divided into equity, debt, hybrid, ETF and index, and solution-oriented funds.

 

The primary shareholder of the LIC Mutual Fund is the Life Insurance Corporation of India. LIC is a government-owned insurance and investment company that is the largest insurance provider in India.

List of LIC Mutual Fund in India

Fund Category Risk 1Y Returns Ratings Fund size ( in Cr)
Money Market Low to Moderate Risk 6.41547
SIP Investment Strategies 5
₹5696.7408
Equity Very High Risk 23.96021
SIP Investment Strategies 4
₹728.5663
Equity Very High Risk 27.94743
SIP Investment Strategies 3
₹105.0472
Equity Very High Risk 27.94743
SIP Investment Strategies 3
₹105.0472
Fixed Income Moderate Risk 8.96338
SIP Investment Strategies 3
₹1012.1339
Equity Very High Risk 20.88051
SIP Investment Strategies 3
₹593.0475
Equity Very High Risk 27.94733
SIP Investment Strategies 3
₹105.0472
Equity Very High Risk 17.43924
SIP Investment Strategies 2
₹700.3399
Money Market Low to Moderate Risk 6.36782
SIP Investment Strategies 2
₹5696.7408
Equity Very High Risk 17.43924
SIP Investment Strategies 2
₹700.3399
Allocation Very High Risk 16.78391
SIP Investment Strategies 2
₹13.761
Equity Very High Risk 22.73689
SIP Investment Strategies 2
₹64.3205
Equity Very High Risk 22.73665
SIP Investment Strategies 2
₹64.3205
Equity Very High Risk 22.73689
SIP Investment Strategies 2
₹64.3205
Equity Very High Risk 17.43904
SIP Investment Strategies 2
₹700.3399
Allocation Very High Risk 14.04359
SIP Investment Strategies 0
₹1031.0218
Fixed Income Low Risk -
SIP Investment Strategies 0
₹40.2553
Fixed Income Low Risk -
SIP Investment Strategies 0
₹40.2553
Money Market Low to Moderate Risk 6.36782
SIP Investment Strategies 0
₹5696.7408
Alternative Low Risk 5.68459
SIP Investment Strategies 0
₹18.2806
Alternative Low Risk 5.68332
SIP Investment Strategies 0
₹18.2806
Alternative Low Risk 5.68459
SIP Investment Strategies 0
₹18.2806
Alternative Low Risk 5.68472
SIP Investment Strategies 0
₹18.2806
Fixed Income Low Risk -
SIP Investment Strategies 0
₹40.2553
Allocation Very High Risk 14.07533
SIP Investment Strategies 0
₹443.0583
Allocation Very High Risk 14.07533
SIP Investment Strategies 0
₹443.0583
Allocation Very High Risk 14.07533
SIP Investment Strategies 0
₹443.0583
Allocation Very High Risk 14.07533
SIP Investment Strategies 0
₹443.0583
Allocation Very High Risk 14.07533
SIP Investment Strategies 0
₹443.0583
Allocation Very High Risk 14.07533
SIP Investment Strategies 0
₹443.0583
Allocation Very High Risk 14.07533
SIP Investment Strategies 0
₹443.0583
Allocation Very High Risk 14.07533
SIP Investment Strategies 0
₹443.0583
Allocation Very High Risk 14.07533
SIP Investment Strategies 0
₹443.0583
Allocation Very High Risk 14.07533
SIP Investment Strategies 0
₹443.0583
Money Market Low to Moderate Risk 3.57102
SIP Investment Strategies 0
₹372.2967
Allocation Very High Risk 14.07533
SIP Investment Strategies 0
₹443.0583
Money Market Low to Moderate Risk 6.03473
SIP Investment Strategies 0
₹372.2967
Allocation Very High Risk 14.07533
SIP Investment Strategies 0
₹443.0583
Money Market Low to Moderate Risk 2.99359
SIP Investment Strategies 0
₹372.2967
Allocation Very High Risk 14.07533
SIP Investment Strategies 0
₹443.0583
Money Market Low to Moderate Risk 3.57102
SIP Investment Strategies 0
₹372.2967
Allocation Very High Risk 14.07533
SIP Investment Strategies 0
₹443.0583
Money Market Low to Moderate Risk 6.04911
SIP Investment Strategies 0
₹372.2967
Allocation Very High Risk 14.07533
SIP Investment Strategies 0
₹443.0583
Allocation Very High Risk 14.07533
SIP Investment Strategies 0
₹443.0583
Allocation Very High Risk 14.07533
SIP Investment Strategies 0
₹443.0583
Allocation Very High Risk 14.07533
SIP Investment Strategies 0
₹443.0583
Equity Very High Risk 22.80137
SIP Investment Strategies 0
₹568.9235
Equity Very High Risk 22.8007
SIP Investment Strategies 0
₹568.9235
Equity Very High Risk 22.8007
SIP Investment Strategies 0
₹568.9235
Equity Very High Risk -
SIP Investment Strategies 0
₹568.9235
Equity Very High Risk -
SIP Investment Strategies 0
₹568.9235

Key Information

Sponsor

Life Insurance Corporation of India (LIC)

Trustee

LIC Mutual Fund Trustee Company Private Limited

Investment Manager

LIC Mutual Fund Asset Management Limited

Incorporation Date

April 20, 1989

Setup Date

April 24, 1989

How to invest in LIC Mutual Fund with EduFund?

 

  1. Download the EduFund App and set up a FREE investment account.
  2. After setting up the App, click on Invest on your Dashboard.
  3. By clicking, you can start exploring the top mutual funds on the App.
  4. Get the trending mutual funds, risk-wise buckets, and class-wise buckets for your kid’s future, or search for any fund.
  5. Choose any fund, press Add to Cart, and place an SIP or Lumpsum order for your child’s education goals.
  6. That’s how easy it is to invest in mutual funds with EduFund!
Top Fund Managers

Mr. Marzban Irani

Chief Investment Officer (CIO) - Debt

Mr. Venugopal Manghat

Head of Equity

Mr. Raj Kumar Mishra

Head of Fixed Income

Mr. Jiten Parmar

Fund Manager - Equity

Mr. Jalpan Shah

Fund Manager - Debt

Get answers to your questions

Read some of the frequently-asked questions here

What’s the minimum amount I can invest in some of the top LIC Mutual Funds? Arrow

Can I invest in LIC Mutual Funds online? Arrow

whatsapp