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Table of Contents
- How to Invest in LIC Mutual Fund Online?
- Best LIC Mutual Fund Schemes
- FAQs
- 1. What is the current worth of LIC Mutual Fund?
- 2. What are the documents that I will need to invest in LIC MF?
- 3. Is LIC Mutual Funds KYC compliant?
- 4. Can I invest in LIC Mutual Fund online?
- 5. What is the LIC Mutual Fund Tax plan?
- 6. How is the performance of LIC MF Large and mid-cap funds?
- 7. I want to know about LIC Mutual Fund Banking and PSU Debt?
- 8. What should I keep in mind while investing in LIC Mutual Funds?
Top 10 Funds
10 Best LIC Mutual Fund Schemes 2023
Being an associate company of India's premier brand, LIC Mutual Fund is one of the recognized players in the asset management sphere. The fund house offers a wide Range of Mutual Fund schemes in the Market. Investors can choose from options like Equity Funds, Debt fund, Liquid Funds, Hybrid Fund, etc.
Ideally, you should choose a fund that best fits your requirements related to your investment goals. For long-term plan, equities suit the best, while for short-term you can prefer Investing in debt Mutual Funds. One of the best parts of investing in LIC Mutual Fund is that it has a strong risk management team that predicts market trends and helps to balance your Portfolio accordingly. Investors planning to invest can choose a fund from the below-listed top 10 best LIC Mutual Fund Schemes.
These funds have been shortlisted by undertaking certain parameters like AUM, NAV, past performances, peer average returns, etc.
How to Invest in LIC Mutual Fund Online?
Open Free Investment Account for Lifetime at Fincash.com.
Complete your Registration and KYC Process
Upload Documents (PAN, Aadhaar, etc.). And, You are Ready to Invest!
Best LIC Mutual Fund Schemes
Fund NAV Net Assets (Cr) Min Investment Min SIP Investment 3 MO (%) 6 MO (%) 1 YR (%) 3 YR (%) 5 YR (%) Since launch (%) 2022 (%) LIC MF Infrastructure Fund Growth ₹23.0788
↓ -0.22 ₹90 5,000 1,000 -0.6 -2.2 3.9 34.2 10.3 5.7 7.9 LIC MF Index Fund Nifty Growth ₹93.3752
↓ -0.71 ₹54 5,000 1,000 -5 -2.3 -1.3 29.2 11.2 12.1 4.7 LIC MF Index Fund Sensex Growth ₹107.011
↓ -0.74 ₹69 5,000 1,000 -4 -1 0.1 29 12.1 12.9 4.6 LIC MF Banking & Financial Services Fund Growth ₹14.58
↓ -0.13 ₹121 5,000 1,000 -4.5 -2.5 12.8 27.1 7.5 4.8 19.6 LIC MF Large and Midcap Fund Growth ₹22.2928
↓ -0.15 ₹1,889 5,000 1,000 -5.3 -9.8 -6.7 25.1 9.5 10.4 -2.3 LIC MF Tax Plan Growth ₹94.1668
↓ -0.63 ₹402 500 500 -2.3 -6.3 -3.2 23.5 8.9 10.1 -1.6 LIC MF Large Cap Fund Growth ₹37.7589
↓ -0.25 ₹648 5,000 1,000 -5.4 -4.8 -5.2 21.8 9.8 9.9 -1.6 LIC MF Multi Cap Fund Growth ₹62.5203
↓ -0.47 ₹383 5,000 1,000 -1.4 -5.3 -2 21.1 7.9 9 -2.6 LIC MF Childrens Fund Growth ₹22.4614
↓ -0.13 ₹13 5,000 1,000 -4 -4.2 -2.7 19.3 6.6 3.8 -1 LIC MF Equity Hybrid Fund Growth ₹131.176
↓ -0.64 ₹378 5,000 1,000 -2.5 -2.7 -1.8 16.8 7.1 7.8 -2.2 Note: Returns up to 1 year are on absolute basis & more than 1 year are on CAGR basis. as on 24 Mar 23
The investment objective of the scheme is to provide long term growth from a portfolio of equity / equity related instruments of companies engaged either directly or indirectly in the infrastructure sector. LIC MF Infrastructure Fund is a Equity - Sectoral fund was launched on 29 Feb 08. It is a fund with High risk and has given a Below is the key information for LIC MF Infrastructure Fund Returns up to 1 year are on The main investment objective of the fund is to generate returns commensurate with the performance of the index either Nifty / Sensex based on the plans by investing in the respective index stocks subject to tracking errors. LIC MF Index Fund Nifty is a Others - Index Fund fund was launched on 14 Nov 02. It is a fund with Moderately High risk and has given a Below is the key information for LIC MF Index Fund Nifty Returns up to 1 year are on The main investment objective of the fund is to generate returns commensurate with the performance of the index either Nifty / Sensex based on the plans by investing in the respective index stocks subject to tracking errors. LIC MF Index Fund Sensex is a Others - Index Fund fund was launched on 14 Nov 02. It is a fund with Moderately High risk and has given a Below is the key information for LIC MF Index Fund Sensex Returns up to 1 year are on The investment objective of the scheme is to generate long-term capital appreciation for unit holders from a portfolio that is invested substantially in equity and equity related securities of companies engaged in banking & financial services sector. However, there can be no assurance that the investment objective of the Scheme will be realised. LIC MF Banking & Financial Services Fund is a Equity - Sectoral fund was launched on 27 Mar 15. It is a fund with High risk and has given a Below is the key information for LIC MF Banking & Financial Services Fund Returns up to 1 year are on (Erstwhile LIC MF Midcap Fund) To generate long term capital appreciation by investing substantially in a portfolio of equity and equity linked instruments of mid-cap companies. However, there can be no assurance that the investment objective of the scheme will be realised. LIC MF Large and Midcap Fund is a Equity - Large & Mid Cap fund was launched on 25 Feb 15. It is a fund with High risk and has given a Below is the key information for LIC MF Large and Midcap Fund Returns up to 1 year are on The investment objective of the scheme is to provide capital growth along with tax rebate and tax relief to our investors through prudent investments in the stock markets. However, there is no assurance that the investment objective of the Scheme will be realised. LIC MF Tax Plan is a Equity - ELSS fund was launched on 3 Feb 99. It is a fund with Moderately High risk and has given a Below is the key information for LIC MF Tax Plan Returns up to 1 year are on (Erstwhile LIC MF Growth Fund) An open ended pure Growth scheme seeking to provide capital growth by investing mainly in equity instruments and also in debt and other permitted instruments of capital and money markets. The investment portfolio of the scheme will be constantly monitored and reviewed to optimize capital growth. However, there is no assurance that the investment objective of the Scheme
will be realised. LIC MF Large Cap Fund is a Equity - Large Cap fund was launched on 3 Feb 99. It is a fund with Moderately High risk and has given a Below is the key information for LIC MF Large Cap Fund Returns up to 1 year are on (Erstwhile LIC MF Equity Fund) The main investment objective of the scheme is to provide capital growth by investing mainly in equities. The investment portfolio of the scheme will be
constantly monitored and reviewed to optimize capital growth. However, there is no assurance that the investment objective of the Scheme will be realised. LIC MF Multi Cap Fund is a Equity - Multi Cap fund was launched on 15 Feb 99. It is a fund with Moderately High risk and has given a Below is the key information for LIC MF Multi Cap Fund Returns up to 1 year are on An open ended scheme which seeks to generate long term capital growth through a judicious mix of investment in quality debt securities and equities with relatively low risk levels through research based investments. LIC MF Childrens Fund is a Solutions - Childrens Fund fund was launched on 21 Nov 01. It is a fund with Moderately High risk and has given a Below is the key information for LIC MF Childrens Fund Returns up to 1 year are on (Erstwhile LIC MF Balanced Fund) An open ended balanced scheme which seeks to provide regular returns and capital appreciation according to the selection of plan by investing in equities and debt. However, there is no assurance that the investment objective of the
Scheme will be realised. LIC MF Equity Hybrid Fund is a Hybrid - Hybrid Equity fund was launched on 3 Feb 99. It is a fund with Moderately High risk and has given a Below is the key information for LIC MF Equity Hybrid Fund Returns up to 1 year are on 1. LIC MF Infrastructure Fund
CAGR/Annualized return of 5.7% since its launch. Return for 2022 was 7.9% , 2021 was 46.6% and 2020 was -0.1% . LIC MF Infrastructure Fund
Growth Launch Date 29 Feb 08 NAV (24 Mar 23) ₹23.0788 ↓ -0.22 (-0.94 %) Net Assets (Cr) ₹90 on 28 Feb 23 Category Equity - Sectoral AMC LIC Mutual Fund Asset Mgmt Co Ltd Rating Risk High Expense Ratio 2.26 Sharpe Ratio 0.15 Information Ratio -0.3 Alpha Ratio 1.13 Min Investment 5,000 Min SIP Investment 1,000 Exit Load 0-1 Years (1%),1 Years and above(NIL) Sub Cat. Sectoral Growth of 10,000 investment over the years.
Date Value 28 Feb 18 ₹10,000 28 Feb 19 ₹8,566 29 Feb 20 ₹9,465 28 Feb 21 ₹11,460 28 Feb 22 ₹14,465 28 Feb 23 ₹15,441 Returns for LIC MF Infrastructure Fund
absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 24 Mar 23 Duration Returns 1 Month -0.9% 3 Month -0.6% 6 Month -2.2% 1 Year 3.9% 3 Year 34.2% 5 Year 10.3% 10 Year 15 Year Since launch 5.7% Historical performance (Yearly) on absolute basis
Year Returns 2022 7.9% 2021 46.6% 2020 -0.1% 2019 13.3% 2018 -14.6% 2017 42.2% 2016 -2.2% 2015 -6.2% 2014 49.6% 2013 -3.6% Fund Manager information for LIC MF Infrastructure Fund
Name Since Tenure Yogesh Patil 18 Sep 20 2.37 Yr. Data below for LIC MF Infrastructure Fund as on 28 Feb 23
Equity Sector Allocation
Sector Value Industrials 63.95% Basic Materials 8.3% Consumer Cyclical 5.51% Communication Services 4.82% Technology 4.41% Utility 4.18% Energy 3.59% Asset Allocation
Asset Class Value Cash 5.25% Equity 94.75% Top Securities Holdings / Portfolio
Name Holding Value Quantity Transport Corp of India Ltd (Industrials)
Equity, Since 30 Sep 20 | TCI7% ₹6 Cr 100,548
↑ 4,465 UltraTech Cement Ltd (Basic Materials)
Equity, Since 31 Jul 13 | ULTRACEMCO6% ₹6 Cr 7,876
↑ 533 KSB Ltd (Industrials)
Equity, Since 31 May 21 | KSB6% ₹5 Cr 27,640 Bharti Airtel Ltd (Communication Services)
Equity, Since 30 Apr 09 | BHARTIARTL5% ₹4 Cr 53,422 Hitachi Energy India Ltd Ordinary Shares (Technology)
Equity, Since 31 Jul 22 | POWERINDIA4% ₹4 Cr 12,816 Kennametal India Ltd (Industrials)
Equity, Since 30 Sep 22 | KENNAMET4% ₹4 Cr 17,907
↑ 2,432 SKF India Ltd (Industrials)
Equity, Since 31 Mar 13 | SKFINDIA4% ₹4 Cr 8,708 Reliance Industries Ltd (Energy)
Equity, Since 30 Jun 18 | RELIANCE4% ₹3 Cr 13,736 MM Forgings Ltd (Industrials)
Equity, Since 31 Oct 21 | MMFL3% ₹3 Cr 35,226 Ashoka Buildcon Ltd (Industrials)
Equity, Since 30 Sep 20 | 5332713% ₹3 Cr 370,088 2. LIC MF Index Fund Nifty
CAGR/Annualized return of 12.1% since its launch. Ranked 80 in Index Fund category. Return for 2022 was 4.7% , 2021 was 23.8% and 2020 was 14.7% . LIC MF Index Fund Nifty
Growth Launch Date 14 Nov 02 NAV (24 Mar 23) ₹93.3752 ↓ -0.71 (-0.76 %) Net Assets (Cr) ₹54 on 28 Feb 23 Category Others - Index Fund AMC LIC Mutual Fund Asset Mgmt Co Ltd Rating ☆ Risk Moderately High Expense Ratio 0.95 Sharpe Ratio -0.07 Information Ratio -8.79 Alpha Ratio -1.01 Min Investment 5,000 Min SIP Investment 1,000 Exit Load 0-1 Months (1%),1 Months and above(NIL) Sub Cat. Index Fund Growth of 10,000 investment over the years.
Date Value 28 Feb 18 ₹10,000 28 Feb 19 ₹10,270 29 Feb 20 ₹10,718 28 Feb 21 ₹13,847 28 Feb 22 ₹16,003 28 Feb 23 ₹16,520 Returns for LIC MF Index Fund Nifty
absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 24 Mar 23 Duration Returns 1 Month -3% 3 Month -5% 6 Month -2.3% 1 Year -1.3% 3 Year 29.2% 5 Year 11.2% 10 Year 15 Year Since launch 12.1% Historical performance (Yearly) on absolute basis
Year Returns 2022 4.7% 2021 23.8% 2020 14.7% 2019 12.6% 2018 2.6% 2017 28.6% 2016 2.7% 2015 -4.1% 2014 31.1% 2013 6.5% Fund Manager information for LIC MF Index Fund Nifty
Name Since Tenure Jaiprakash Toshniwal 6 Sep 21 1.41 Yr. Data below for LIC MF Index Fund Nifty as on 28 Feb 23
Asset Allocation
Asset Class Value Equity 100.14% Top Securities Holdings / Portfolio
Name Holding Value Quantity Reliance Industries Ltd (Energy)
Equity, Since 31 Mar 12 | RELIANCE10% ₹6 Cr 23,920
↑ 811 HDFC Bank Ltd (Financial Services)
Equity, Since 30 Apr 09 | HDFCBANK9% ₹5 Cr 30,615
↑ 956 ICICI Bank Ltd (Financial Services)
Equity, Since 30 Apr 09 | ICICIBANK7% ₹4 Cr 47,892
↑ 1,208 Infosys Ltd (Technology)
Equity, Since 31 Jan 03 | INFY7% ₹4 Cr 25,364
↑ 803 Housing Development Finance Corp Ltd (Financial Services)
Equity, Since 31 Jan 03 | HDFC6% ₹3 Cr 12,554
↑ 363 Tata Consultancy Services Ltd (Technology)
Equity, Since 31 Mar 05 | TCS4% ₹2 Cr 7,105
↑ 214 ITC Ltd (Consumer Defensive)
Equity, Since 31 Jan 03 | ITC4% ₹2 Cr 60,841
↑ 1,699 Larsen & Toubro Ltd (Industrials)
Equity, Since 30 Apr 09 | LT3% ₹2 Cr 8,389
↑ 307 Kotak Mahindra Bank Ltd (Financial Services)
Equity, Since 30 Apr 10 | KOTAKBANK3% ₹2 Cr 10,042
↑ 205 Axis Bank Ltd (Financial Services)
Equity, Since 31 Mar 09 | 5322153% ₹2 Cr 18,809
↑ 1,071 3. LIC MF Index Fund Sensex
CAGR/Annualized return of 12.9% since its launch. Ranked 79 in Index Fund category. Return for 2022 was 4.6% , 2021 was 21.9% and 2020 was 15.9% . LIC MF Index Fund Sensex
Growth Launch Date 14 Nov 02 NAV (24 Mar 23) ₹107.011 ↓ -0.74 (-0.69 %) Net Assets (Cr) ₹69 on 28 Feb 23 Category Others - Index Fund AMC LIC Mutual Fund Asset Mgmt Co Ltd Rating ☆ Risk Moderately High Expense Ratio 0.99 Sharpe Ratio 0.04 Information Ratio -4.36 Alpha Ratio -1.14 Min Investment 5,000 Min SIP Investment 1,000 Exit Load 0-1 Months (1%),1 Months and above(NIL) Sub Cat. Index Fund Growth of 10,000 investment over the years.
Date Value 28 Feb 18 ₹10,000 28 Feb 19 ₹10,480 29 Feb 20 ₹11,218 28 Feb 21 ₹14,411 28 Feb 22 ₹16,507 28 Feb 23 ₹17,332 Returns for LIC MF Index Fund Sensex
absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 24 Mar 23 Duration Returns 1 Month -3.3% 3 Month -4% 6 Month -1% 1 Year 0.1% 3 Year 29% 5 Year 12.1% 10 Year 15 Year Since launch 12.9% Historical performance (Yearly) on absolute basis
Year Returns 2022 4.6% 2021 21.9% 2020 15.9% 2019 14.6% 2018 5.6% 2017 27.4% 2016 1.6% 2015 -5.4% 2014 29.3% 2013 9.2% Fund Manager information for LIC MF Index Fund Sensex
Name Since Tenure Jaiprakash Toshniwal 6 Sep 21 1.41 Yr. Data below for LIC MF Index Fund Sensex as on 28 Feb 23
Asset Allocation
Asset Class Value Cash 0.38% Equity 99.62% Top Securities Holdings / Portfolio
Name Holding Value Quantity Reliance Industries Ltd (Energy)
Equity, Since 31 Mar 09 | RELIANCE12% ₹8 Cr 34,899
↑ 132 HDFC Bank Ltd (Financial Services)
Equity, Since 31 Mar 09 | HDFCBANK10% ₹7 Cr 44,763
↑ 496 ICICI Bank Ltd (Financial Services)
Equity, Since 30 Apr 09 | 5321748% ₹6 Cr 69,910
↓ -805 Infosys Ltd (Technology)
Equity, Since 31 Mar 09 | INFY8% ₹6 Cr 37,025
↑ 330 Housing Development Finance Corp Ltd (Financial Services)
Equity, Since 31 Mar 09 | HDFC7% ₹5 Cr 18,501
↑ 190 Tata Consultancy Services Ltd (Technology)
Equity, Since 31 Mar 09 | TCS5% ₹3 Cr 10,373
↑ 52 ITC Ltd (Consumer Defensive)
Equity, Since 30 Sep 11 | ITC5% ₹3 Cr 88,684
↓ -264 Larsen & Toubro Ltd (Industrials)
Equity, Since 31 Mar 09 | LT4% ₹3 Cr 12,224
↑ 30 Kotak Mahindra Bank Ltd (Financial Services)
Equity, Since 30 Jun 17 | KOTAKBANK4% ₹3 Cr 14,484
↑ 99 Axis Bank Ltd (Financial Services)
Equity, Since 31 Dec 13 | 5322154% ₹2 Cr 28,034
↓ -163 4. LIC MF Banking & Financial Services Fund
CAGR/Annualized return of 4.8% since its launch. Return for 2022 was 19.6% , 2021 was 9.8% and 2020 was -2.1% . LIC MF Banking & Financial Services Fund
Growth Launch Date 27 Mar 15 NAV (24 Mar 23) ₹14.58 ↓ -0.13 (-0.86 %) Net Assets (Cr) ₹121 on 28 Feb 23 Category Equity - Sectoral AMC LIC Mutual Fund Asset Mgmt Co Ltd Rating Risk High Expense Ratio 2.28 Sharpe Ratio 0.53 Information Ratio -0.16 Alpha Ratio 6.66 Min Investment 5,000 Min SIP Investment 1,000 Exit Load 0-1 Years (1%),1 Years and above(NIL) Sub Cat. Sectoral Growth of 10,000 investment over the years.
Date Value 28 Feb 18 ₹10,000 28 Feb 19 ₹8,981 29 Feb 20 ₹10,259 28 Feb 21 ₹11,512 28 Feb 22 ₹11,804 28 Feb 23 ₹13,494 Returns for LIC MF Banking & Financial Services Fund
absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 24 Mar 23 Duration Returns 1 Month -2.4% 3 Month -4.5% 6 Month -2.5% 1 Year 12.8% 3 Year 27.1% 5 Year 7.5% 10 Year 15 Year Since launch 4.8% Historical performance (Yearly) on absolute basis
Year Returns 2022 19.6% 2021 9.8% 2020 -2.1% 2019 19.9% 2018 -18% 2017 32.7% 2016 10.5% 2015 2014 2013 Fund Manager information for LIC MF Banking & Financial Services Fund
Name Since Tenure Jaiprakash Toshniwal 6 Sep 21 1.41 Yr. Data below for LIC MF Banking & Financial Services Fund as on 28 Feb 23
Equity Sector Allocation
Sector Value Financial Services 94.47% Health Care 2.15% Asset Allocation
Asset Class Value Cash 3.38% Equity 96.62% Top Securities Holdings / Portfolio
Name Holding Value Quantity ICICI Bank Ltd (Financial Services)
Equity, Since 30 Apr 15 | ICICIBANK19% ₹22 Cr 259,444
↑ 33,385 HDFC Bank Ltd (Financial Services)
Equity, Since 30 Apr 15 | HDFCBANK10% ₹12 Cr 74,742 Axis Bank Ltd (Financial Services)
Equity, Since 30 Apr 15 | 5322159% ₹11 Cr 123,396
↑ 11,471 State Bank of India (Financial Services)
Equity, Since 31 Mar 20 | SBIN9% ₹10 Cr 185,169
↑ 12,814 Housing Development Finance Corp Ltd (Financial Services)
Equity, Since 31 Mar 18 | HDFC8% ₹9 Cr 33,786
↑ 9,722 CreditAccess Grameen Ltd Ordinary Shares (Financial Services)
Equity, Since 30 Sep 22 | CREDITACC4% ₹5 Cr 60,143
↑ 9,871 Karur Vysya Bank Ltd (Financial Services)
Equity, Since 30 Nov 21 | 5900034% ₹5 Cr 461,061
↑ 54,407 The Federal Bank Ltd (Financial Services)
Equity, Since 31 Jul 20 | FEDERALBNK4% ₹4 Cr 323,890
↑ 177,128 CSB Bank Ltd Ordinary Shares (Financial Services)
Equity, Since 31 Aug 22 | CSBBANK4% ₹4 Cr 172,915 SBI Cards and Payment Services Ltd Ordinary Shares (Financial Services)
Equity, Since 31 Oct 21 | SBICARD4% ₹4 Cr 59,092
↑ 3,956 5. LIC MF Large and Midcap Fund
CAGR/Annualized return of 10.4% since its launch. Return for 2022 was -2.3% , 2021 was 33.3% and 2020 was 14.1% . LIC MF Large and Midcap Fund
Growth Launch Date 25 Feb 15 NAV (24 Mar 23) ₹22.2928 ↓ -0.15 (-0.68 %) Net Assets (Cr) ₹1,889 on 28 Feb 23 Category Equity - Large & Mid Cap AMC LIC Mutual Fund Asset Mgmt Co Ltd Rating Risk High Expense Ratio 1.98 Sharpe Ratio -0.45 Information Ratio -1.41 Alpha Ratio -7.17 Min Investment 5,000 Min SIP Investment 1,000 Exit Load 0-1 Years (1%),1 Years and above(NIL) Sub Cat. Large & Mid Cap Growth of 10,000 investment over the years.
Date Value 28 Feb 18 ₹10,000 28 Feb 19 ₹9,253 29 Feb 20 ₹10,738 28 Feb 21 ₹12,746 28 Feb 22 ₹15,698 28 Feb 23 ₹15,357 Returns for LIC MF Large and Midcap Fund
absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 24 Mar 23 Duration Returns 1 Month -3.5% 3 Month -5.3% 6 Month -9.8% 1 Year -6.7% 3 Year 25.1% 5 Year 9.5% 10 Year 15 Year Since launch 10.4% Historical performance (Yearly) on absolute basis
Year Returns 2022 -2.3% 2021 33.3% 2020 14.1% 2019 10.9% 2018 -5% 2017 40.1% 2016 13.2% 2015 2014 2013 Fund Manager information for LIC MF Large and Midcap Fund
Name Since Tenure Yogesh Patil 18 Sep 20 2.37 Yr. Data below for LIC MF Large and Midcap Fund as on 28 Feb 23
Equity Sector Allocation
Sector Value Financial Services 23.32% Consumer Cyclical 21.73% Basic Materials 12.93% Industrials 12.92% Technology 10.39% Consumer Defensive 5.03% Health Care 3.63% Energy 1.97% Utility 1.45% Communication Services 1.21% Asset Allocation
Asset Class Value Cash 5.43% Equity 94.57% Top Securities Holdings / Portfolio
Name Holding Value Quantity ICICI Bank Ltd (Financial Services)
Equity, Since 31 Aug 18 | ICICIBANK6% ₹108 Cr 1,298,589
↑ 11,486 HDFC Bank Ltd (Financial Services)
Equity, Since 30 Apr 18 | HDFCBANK5% ₹97 Cr 606,065 Infosys Ltd (Technology)
Equity, Since 31 Jan 19 | INFY5% ₹97 Cr 632,342
↑ 6,552 Aditya Birla Fashion and Retail Ltd (Consumer Cyclical)
Equity, Since 31 Jan 19 | ABFRL3% ₹48 Cr 1,860,368
↑ 212,783 Axis Bank Ltd (Financial Services)
Equity, Since 31 May 21 | 5322152% ₹44 Cr 508,379
↑ 10,811 Tata Consultancy Services Ltd (Technology)
Equity, Since 31 Mar 18 | TCS2% ₹43 Cr 127,874
↓ -10,821 Kansai Nerolac Paints Ltd (Basic Materials)
Equity, Since 31 Jan 22 | 5001652% ₹40 Cr 934,754
↑ 22,938 Navin Fluorine International Ltd (Basic Materials)
Equity, Since 30 Jun 22 | NAVINFLUOR2% ₹38 Cr 97,390
↑ 20,767 SRF Ltd (Basic Materials)
Equity, Since 31 Mar 21 | SRF2% ₹38 Cr 172,715
↑ 4,395 Devyani International Ltd (Consumer Cyclical)
Equity, Since 31 Aug 21 | 5433302% ₹37 Cr 2,416,863
↑ 239,661 6. LIC MF Tax Plan
CAGR/Annualized return of 10.1% since its launch. Ranked 35 in ELSS category. Return for 2022 was -1.6% , 2021 was 26.2% and 2020 was 8.9% . LIC MF Tax Plan
Growth Launch Date 3 Feb 99 NAV (24 Mar 23) ₹94.1668 ↓ -0.63 (-0.66 %) Net Assets (Cr) ₹402 on 28 Feb 23 Category Equity - ELSS AMC LIC Mutual Fund Asset Mgmt Co Ltd Rating ☆ Risk Moderately High Expense Ratio 2.21 Sharpe Ratio -0.3 Information Ratio -1.18 Alpha Ratio -3.24 Min Investment 500 Min SIP Investment 500 Exit Load NIL Sub Cat. ELSS Growth of 10,000 investment over the years.
Date Value 28 Feb 18 ₹10,000 28 Feb 19 ₹9,558 29 Feb 20 ₹11,017 28 Feb 21 ₹12,468 28 Feb 22 ₹14,839 28 Feb 23 ₹14,802 Returns for LIC MF Tax Plan
absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 24 Mar 23 Duration Returns 1 Month -2.5% 3 Month -2.3% 6 Month -6.3% 1 Year -3.2% 3 Year 23.5% 5 Year 8.9% 10 Year 15 Year Since launch 10.1% Historical performance (Yearly) on absolute basis
Year Returns 2022 -1.6% 2021 26.2% 2020 8.9% 2019 11.9% 2018 -1.1% 2017 37.3% 2016 3.3% 2015 -3% 2014 49.1% 2013 8.2% Fund Manager information for LIC MF Tax Plan
Name Since Tenure Amit Nadekar 6 Jun 22 0.66 Yr. Data below for LIC MF Tax Plan as on 28 Feb 23
Equity Sector Allocation
Sector Value Financial Services 30.06% Consumer Cyclical 25.65% Industrials 11.54% Technology 9.79% Consumer Defensive 7.39% Basic Materials 6.47% Health Care 3.62% Communication Services 1.52% Asset Allocation
Asset Class Value Cash 3.96% Equity 96.04% Top Securities Holdings / Portfolio
Name Holding Value Quantity ICICI Bank Ltd (Financial Services)
Equity, Since 31 Jul 18 | ICICIBANK9% ₹36 Cr 435,305 Axis Bank Ltd (Financial Services)
Equity, Since 30 Jun 21 | 5322157% ₹27 Cr 313,657
↑ 10,749 Infosys Ltd (Technology)
Equity, Since 31 Oct 14 | INFY6% ₹23 Cr 147,388
↑ 12,861 HDFC Bank Ltd (Financial Services)
Equity, Since 31 Oct 14 | HDFCBANK5% ₹22 Cr 135,512
↑ 5,977 Mahindra & Mahindra Ltd (Consumer Cyclical)
Equity, Since 31 Jul 20 | M&M5% ₹18 Cr 132,755
↑ 10,472 Titan Co Ltd (Consumer Cyclical)
Equity, Since 30 Apr 20 | TITAN3% ₹12 Cr 51,186
↑ 1,692 Trent Ltd (Consumer Cyclical)
Equity, Since 31 Mar 20 | 5002513% ₹11 Cr 93,100
↑ 12,238 SRF Ltd (Basic Materials)
Equity, Since 31 May 21 | SRF3% ₹11 Cr 51,035
↑ 1,841 ITC Ltd (Consumer Defensive)
Equity, Since 30 Sep 22 | ITC3% ₹11 Cr 312,231
↑ 18,696 Maruti Suzuki India Ltd (Consumer Cyclical)
Equity, Since 31 Jul 15 | MARUTI3% ₹11 Cr 11,941
↑ 2,334 7. LIC MF Large Cap Fund
CAGR/Annualized return of 9.9% since its launch. Ranked 66 in Large Cap category. Return for 2022 was -1.6% , 2021 was 23.8% and 2020 was 13.8% . LIC MF Large Cap Fund
Growth Launch Date 3 Feb 99 NAV (24 Mar 23) ₹37.7589 ↓ -0.25 (-0.67 %) Net Assets (Cr) ₹648 on 28 Feb 23 Category Equity - Large Cap AMC LIC Mutual Fund Asset Mgmt Co Ltd Rating ☆☆ Risk Moderately High Expense Ratio 2.2 Sharpe Ratio -0.45 Information Ratio -1.12 Alpha Ratio -4.55 Min Investment 5,000 Min SIP Investment 1,000 Exit Load 0-1 Years (1%),1 Years and above(NIL) Sub Cat. Large Cap Growth of 10,000 investment over the years.
Date Value 28 Feb 18 ₹10,000 28 Feb 19 ₹9,919 29 Feb 20 ₹11,539 28 Feb 21 ₹13,519 28 Feb 22 ₹16,029 28 Feb 23 ₹15,604 Returns for LIC MF Large Cap Fund
absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 24 Mar 23 Duration Returns 1 Month -3.1% 3 Month -5.4% 6 Month -4.8% 1 Year -5.2% 3 Year 21.8% 5 Year 9.8% 10 Year 15 Year Since launch 9.9% Historical performance (Yearly) on absolute basis
Year Returns 2022 -1.6% 2021 23.8% 2020 13.8% 2019 15% 2018 0.7% 2017 26.8% 2016 2.3% 2015 -2.6% 2014 39.8% 2013 7.4% Fund Manager information for LIC MF Large Cap Fund
Name Since Tenure Yogesh Patil 18 Sep 20 2.37 Yr. Data below for LIC MF Large Cap Fund as on 28 Feb 23
Equity Sector Allocation
Sector Value Financial Services 40.63% Technology 13.74% Consumer Cyclical 11.17% Basic Materials 9.09% Consumer Defensive 7.52% Energy 5.84% Health Care 4.82% Industrials 2.76% Communication Services 1.76% Asset Allocation
Asset Class Value Cash 2.67% Equity 97.33% Top Securities Holdings / Portfolio
Name Holding Value Quantity HDFC Bank Ltd (Financial Services)
Equity, Since 30 Apr 09 | HDFCBANK10% ₹64 Cr 397,791
↓ -8,049 ICICI Bank Ltd (Financial Services)
Equity, Since 31 Jul 18 | ICICIBANK9% ₹57 Cr 683,444 Infosys Ltd (Technology)
Equity, Since 31 Dec 09 | INFY8% ₹51 Cr 334,129 Reliance Industries Ltd (Energy)
Equity, Since 30 Jun 18 | RELIANCE6% ₹39 Cr 164,293
↑ 5,498 Axis Bank Ltd (Financial Services)
Equity, Since 31 Jan 21 | 5322154% ₹29 Cr 337,528
↑ 7,628 Tata Consultancy Services Ltd (Technology)
Equity, Since 31 Mar 18 | TCS4% ₹27 Cr 80,787 Kotak Mahindra Bank Ltd (Financial Services)
Equity, Since 29 Feb 16 | KOTAKBANK4% ₹26 Cr 147,869
↑ 15,353 Mahindra & Mahindra Ltd (Consumer Cyclical)
Equity, Since 31 Jul 20 | M&M4% ₹25 Cr 180,976 State Bank of India (Financial Services)
Equity, Since 28 Feb 21 | SBIN3% ₹22 Cr 388,700
↑ 16 Larsen & Toubro Ltd (Industrials)
Equity, Since 31 Oct 07 | LT3% ₹18 Cr 86,071 8. LIC MF Multi Cap Fund
CAGR/Annualized return of 9% since its launch. Ranked 61 in Multi Cap category. Return for 2022 was -2.6% , 2021 was 20.2% and 2020 was 10.4% . LIC MF Multi Cap Fund
Growth Launch Date 15 Feb 99 NAV (24 Mar 23) ₹62.5203 ↓ -0.47 (-0.74 %) Net Assets (Cr) ₹383 on 28 Feb 23 Category Equity - Multi Cap AMC LIC Mutual Fund Asset Mgmt Co Ltd Rating ☆☆ Risk Moderately High Expense Ratio 2.25 Sharpe Ratio -0.29 Information Ratio -1.35 Alpha Ratio -2.65 Min Investment 5,000 Min SIP Investment 1,000 Exit Load 0-1 Years (1%),1 Years and above(NIL) Sub Cat. Multi Cap Growth of 10,000 investment over the years.
Date Value 28 Feb 18 ₹10,000 28 Feb 19 ₹9,631 29 Feb 20 ₹10,773 28 Feb 21 ₹12,343 28 Feb 22 ₹13,975 28 Feb 23 ₹14,071 Returns for LIC MF Multi Cap Fund
absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 24 Mar 23 Duration Returns 1 Month -2.9% 3 Month -1.4% 6 Month -5.3% 1 Year -2% 3 Year 21.1% 5 Year 7.9% 10 Year 15 Year Since launch 9% Historical performance (Yearly) on absolute basis
Year Returns 2022 -2.6% 2021 20.2% 2020 10.4% 2019 13.7% 2018 -7.7% 2017 25.7% 2016 2.2% 2015 -7.7% 2014 42% 2013 5.6% Fund Manager information for LIC MF Multi Cap Fund
Name Since Tenure Amit Nadekar 6 Jun 22 0.66 Yr. Data below for LIC MF Multi Cap Fund as on 28 Feb 23
Equity Sector Allocation
Sector Value Financial Services 32.83% Consumer Cyclical 23.76% Industrials 14.02% Technology 10.09% Basic Materials 7.22% Consumer Defensive 5.5% Communication Services 1.39% Health Care 1.3% Asset Allocation
Asset Class Value Cash 3.88% Equity 96.12% Top Securities Holdings / Portfolio
Name Holding Value Quantity ICICI Bank Ltd (Financial Services)
Equity, Since 30 Jun 07 | ICICIBANK8% ₹30 Cr 363,221 Axis Bank Ltd (Financial Services)
Equity, Since 31 May 21 | 5322156% ₹24 Cr 279,245
↑ 4,328 Infosys Ltd (Technology)
Equity, Since 31 Oct 18 | INFY5% ₹21 Cr 136,924
↑ 6,201 Mahindra & Mahindra Ltd (Consumer Cyclical)
Equity, Since 30 Jun 22 | M&M4% ₹17 Cr 123,200 HDFC Bank Ltd (Financial Services)
Equity, Since 31 May 18 | HDFCBANK4% ₹15 Cr 92,340
↑ 4,693 ITC Ltd (Consumer Defensive)
Equity, Since 30 Jun 22 | ITC3% ₹11 Cr 306,228 Indian Hotels Co Ltd (Consumer Cyclical)
Equity, Since 31 Aug 22 | 5008503% ₹10 Cr 330,746 SRF Ltd (Basic Materials)
Equity, Since 31 May 21 | SRF2% ₹10 Cr 43,538 Titan Co Ltd (Consumer Cyclical)
Equity, Since 31 Aug 19 | TITAN2% ₹9 Cr 39,760 Maruti Suzuki India Ltd (Consumer Cyclical)
Equity, Since 31 Oct 18 | MARUTI2% ₹9 Cr 10,474
↑ 1,831 9. LIC MF Childrens Fund
CAGR/Annualized return of 3.8% since its launch. Return for 2022 was -1% , 2021 was 15.5% and 2020 was 12.4% . LIC MF Childrens Fund
Growth Launch Date 21 Nov 01 NAV (24 Mar 23) ₹22.4614 ↓ -0.13 (-0.56 %) Net Assets (Cr) ₹13 on 28 Feb 23 Category Solutions - Childrens Fund AMC LIC Mutual Fund Asset Mgmt Co Ltd Rating Risk Moderately High Expense Ratio 2.18 Sharpe Ratio -0.34 Information Ratio -1.32 Alpha Ratio -2.62 Min Investment 5,000 Min SIP Investment 1,000 Exit Load NIL Sub Cat. Childrens Fund Growth of 10,000 investment over the years.
Date Value 28 Feb 18 ₹10,000 28 Feb 19 ₹9,494 29 Feb 20 ₹10,486 28 Feb 21 ₹12,226 28 Feb 22 ₹13,487 28 Feb 23 ₹13,506 Returns for LIC MF Childrens Fund
absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 24 Mar 23 Duration Returns 1 Month -2.6% 3 Month -4% 6 Month -4.2% 1 Year -2.7% 3 Year 19.3% 5 Year 6.6% 10 Year 15 Year Since launch 3.8% Historical performance (Yearly) on absolute basis
Year Returns 2022 -1% 2021 15.5% 2020 12.4% 2019 13.2% 2018 -8% 2017 14.1% 2016 9.7% 2015 -1.2% 2014 31.4% 2013 6.3% Fund Manager information for LIC MF Childrens Fund
Name Since Tenure Sanjay Pawar 1 Jan 22 1.08 Yr. Karan Doshi 7 Jan 21 2.07 Yr. Data below for LIC MF Childrens Fund as on 28 Feb 23
Asset Allocation
Asset Class Value Cash 3.01% Equity 85.05% Debt 11.94% Top Securities Holdings / Portfolio
Name Holding Value Quantity 7.38 6/20/2027 12:00:00 Am
Sovereign Bonds | -12% ₹2 Cr 150,000 ICICI Bank Ltd (Financial Services)
Equity, Since 31 May 18 | ICICIBANK8% ₹1 Cr 12,875 Infosys Ltd (Technology)
Equity, Since 31 May 18 | INFY8% ₹1 Cr 6,313 HDFC Bank Ltd (Financial Services)
Equity, Since 30 Apr 18 | HDFCBANK6% ₹1 Cr 4,981 Tata Consultancy Services Ltd (Technology)
Equity, Since 30 Apr 18 | TCS4% ₹1 Cr 1,503
↓ -150 State Bank of India (Financial Services)
Equity, Since 28 Feb 21 | SBIN4% ₹1 Cr 9,110 Axis Bank Ltd (Financial Services)
Equity, Since 31 Aug 18 | 5322154% ₹0 Cr 5,735 Larsen & Toubro Ltd (Industrials)
Equity, Since 30 Jun 21 | LT2% ₹0 Cr 1,327 Maruti Suzuki India Ltd (Consumer Cyclical)
Equity, Since 31 Oct 18 | MARUTI2% ₹0 Cr 286 SBI Life Insurance Company Limited (Financial Services)
Equity, Since 30 Nov 18 | SBILIFE2% ₹0 Cr 2,083 10. LIC MF Equity Hybrid Fund
CAGR/Annualized return of 7.8% since its launch. Ranked 27 in Hybrid Equity category. Return for 2022 was -2.2% , 2021 was 15.5% and 2020 was 9.6% . LIC MF Equity Hybrid Fund
Growth Launch Date 3 Feb 99 NAV (24 Mar 23) ₹131.176 ↓ -0.64 (-0.48 %) Net Assets (Cr) ₹378 on 28 Feb 23 Category Hybrid - Hybrid Equity AMC LIC Mutual Fund Asset Mgmt Co Ltd Rating ☆☆ Risk Moderately High Expense Ratio 2.28 Sharpe Ratio -0.41 Information Ratio -1.59 Alpha Ratio -2.93 Min Investment 5,000 Min SIP Investment 1,000 Exit Load 0-1 Years (1%),1 Years and above(NIL) Sub Cat. Hybrid Equity Growth of 10,000 investment over the years.
Date Value 28 Feb 18 ₹10,000 28 Feb 19 ₹9,825 29 Feb 20 ₹11,066 28 Feb 21 ₹12,407 28 Feb 22 ₹13,698 28 Feb 23 ₹13,752 Returns for LIC MF Equity Hybrid Fund
absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 24 Mar 23 Duration Returns 1 Month -2.6% 3 Month -2.5% 6 Month -2.7% 1 Year -1.8% 3 Year 16.8% 5 Year 7.1% 10 Year 15 Year Since launch 7.8% Historical performance (Yearly) on absolute basis
Year Returns 2022 -2.2% 2021 15.5% 2020 9.6% 2019 13.5% 2018 -4.5% 2017 20.4% 2016 5.5% 2015 -6.8% 2014 34.1% 2013 7.4% Fund Manager information for LIC MF Equity Hybrid Fund
Name Since Tenure Sanjay Pawar 1 Jan 22 1.08 Yr. Karan Doshi 6 Sep 21 1.41 Yr. Data below for LIC MF Equity Hybrid Fund as on 28 Feb 23
Asset Allocation
Asset Class Value Cash 4.84% Equity 75.29% Debt 19.87% Equity Sector Allocation
Sector Value Financial Services 30.05% Technology 12.09% Consumer Cyclical 11.13% Consumer Defensive 5.86% Basic Materials 5.78% Health Care 3.18% Industrials 2.87% Communication Services 2.38% Energy 1.95% Debt Sector Allocation
Sector Value Government 17.23% Corporate 3.89% Cash Equivalent 3.58% Credit Quality
Rating Value AAA 100% Top Securities Holdings / Portfolio
Name Holding Value Quantity ICICI Bank Ltd (Financial Services)
Equity, Since 30 Sep 12 | ICICIBANK7% ₹27 Cr 330,525
↓ -13,398 7.38 6/20/2027 12:00:00 Am
Sovereign Bonds | -7% ₹25 Cr 2,500,000
↓ -1,000,000 Infosys Ltd (Technology)
Equity, Since 31 May 18 | INFY7% ₹25 Cr 162,781 HDFC Bank Ltd (Financial Services)
Equity, Since 30 Apr 18 | HDFCBANK6% ₹24 Cr 151,371 Axis Bank Ltd (Financial Services)
Equity, Since 31 May 21 | 5322154% ₹15 Cr 166,376 6.1 7/12/2031 12:00:00 Am
Sovereign Bonds | -4% ₹14 Cr 1,500,000 State Bank of India (Financial Services)
Equity, Since 30 Jun 21 | SBIN3% ₹11 Cr 202,898 Power Finance Corporation Ltd.
Debentures | -3% ₹10 Cr 100 National Bank For Agriculture And Rural Development
Debentures | -3% ₹10 Cr 100
↑ 100 Tata Consultancy Services Ltd (Technology)
Equity, Since 30 Apr 18 | TCS3% ₹10 Cr 28,566
↓ -6,897
FAQs
1. What is the current worth of LIC Mutual Fund?
A: The LIC Mutual Fund currently has operative funds of Rs.289.57 crores. You can invest in twenty-two different schemes under the LIC Mutual Fund. Depending upon the amount of money you wish to invest, you can select a particular scheme.
2. What are the documents that I will need to invest in LIC MF?
A: To invest in LIC Mutual Fund, you will need identity proof such as your PAN Card and address proof, a copy of your Aadhar card or passport. You will also have to submit your Bank details.
3. Is LIC Mutual Funds KYC compliant?
A: Yes. Hence, along with all the KYC compliant documents, you will have to submit the duly filled out KYC Form to start investing in LIC Mutual Funds.
4. Can I invest in LIC Mutual Fund online?
A: Yes, you can - Log in to the official website and register yourself. You will have to upload all the KYC related documents to open the account and register yourself. Once the registration process is completed, you can start investing.
5. What is the LIC Mutual Fund Tax plan?
A: The plan is designed to help investors grow the wealth and at the same time enjoy tax rebates under Section 80C of the income tax Act or 1961. It is an open-ended equity linked Tax Saving Scheme. It also has the lowest lock-in period of only 3-years.
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6. How is the performance of LIC MF Large and mid-cap funds?
A: The LIC MF Large and Mid Cap segment has shown consistent returns of 8.03% in the past three years. Annually, it has delivered returns of 12.86%. In the large and mid-cap section, the LIC MF Large and Mid Cap Mutual Fund have performed better than most other mutual funds.
7. I want to know about LIC Mutual Fund Banking and PSU Debt?
A: The LIC Mutual Fund Banking and PSU Debt have moderate risk as it consists primarily of Debentures and Municipal Bonds. It also has no exit load and a lower expense ratio, which is 0.28%. However, the average maturity age for the LIC Mutual Fund Banking and PSU Debt is three years.
8. What should I keep in mind while investing in LIC Mutual Funds?
A: When you invest in LIC Mutual Funds, you should consider the amount of investment you are prepared to make and the returns you expect. It would be best if you also considered the tax that you have to pay on your Earnings. Once you have considered all of these aspects, you can select a particular LIC Mutual Fund type.
All efforts have been made to ensure the information provided here is accurate. However, no guarantees are made regarding correctness of data. Please verify with scheme information document before making any investment.
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