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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 2024
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 (%) 2023 (%) LIC MF Infrastructure Fund Growth ₹49.362
↑ 0.23 ₹750 5,000 1,000 -1.4 22.8 66.3 31.4 28.1 10.1 44.4 LIC MF Large and Midcap Fund Growth ₹38.4436
↑ 0.13 ₹3,235 5,000 1,000 0.3 18 44 15.8 20.2 15 26.7 LIC MF Tax Plan Growth ₹151.468
↑ 0.39 ₹1,209 500 500 1.4 17 35.3 13.9 16.9 11.5 26.3 LIC MF Multi Cap Fund Growth ₹100.552
↑ 0.61 ₹1,135 5,000 1,000 0.3 14.2 32.9 13.8 15.6 10.5 28.8 LIC MF Childrens Fund Growth ₹33.4754
↑ 0.15 ₹17 5,000 1,000 1.3 12.5 26.6 11.1 13.3 5.4 22.1 LIC MF Equity Hybrid Fund Growth ₹191.4
↑ 0.67 ₹560 5,000 1,000 1.6 10.9 29.2 11 12.5 8.9 19.3 LIC MF Index Fund Nifty Growth ₹134.708
↓ -0.21 ₹340 5,000 1,000 -0.2 9.5 26.8 10.6 16 13.1 19.8 LIC MF Index Fund Sensex Growth ₹149.608
↓ -0.26 ₹88 5,000 1,000 -0.5 8.9 24.1 9.8 15.6 13.6 19 LIC MF Banking & Financial Services Fund Growth ₹19.4925
↑ 0.02 ₹291 5,000 1,000 -2.4 4.7 13.5 9.4 11.2 7.2 20.5 LIC MF Large Cap Fund Growth ₹55.0469
↑ 0.05 ₹1,588 5,000 1,000 -0.8 11.4 30.8 9.2 14.5 10.9 16.9 Note: Returns up to 1 year are on absolute basis & more than 1 year are on CAGR basis. as on 23 Oct 24
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 (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 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 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 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 1. LIC MF Infrastructure Fund
CAGR/Annualized return of 10.1% since its launch. Return for 2023 was 44.4% , 2022 was 7.9% and 2021 was 46.6% . LIC MF Infrastructure Fund
Growth Launch Date 29 Feb 08 NAV (23 Oct 24) ₹49.362 ↑ 0.23 (0.47 %) Net Assets (Cr) ₹750 on 30 Sep 24 Category Equity - Sectoral AMC LIC Mutual Fund Asset Mgmt Co Ltd Rating Risk High Expense Ratio 2.3 Sharpe Ratio 3.26 Information Ratio 0.94 Alpha Ratio 22.85 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 30 Sep 19 ₹10,000 30 Sep 20 ₹8,670 30 Sep 21 ₹15,042 30 Sep 22 ₹16,606 30 Sep 23 ₹21,079 30 Sep 24 ₹36,513 Returns for LIC MF Infrastructure Fund
absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 23 Oct 24 Duration Returns 1 Month -3.6% 3 Month -1.4% 6 Month 22.8% 1 Year 66.3% 3 Year 31.4% 5 Year 28.1% 10 Year 15 Year Since launch 10.1% Historical performance (Yearly) on absolute basis
Year Returns 2023 44.4% 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% Fund Manager information for LIC MF Infrastructure Fund
Name Since Tenure Yogesh Patil 18 Sep 20 4.04 Yr. Mahesh Bendre 1 Jul 24 0.25 Yr. Data below for LIC MF Infrastructure Fund as on 30 Sep 24
Equity Sector Allocation
Sector Value Industrials 53.51% Basic Materials 11.48% Consumer Cyclical 8.01% Utility 7.69% Financial Services 5.34% Technology 3.13% Real Estate 2.55% Communication Services 2.31% Health Care 2.08% Energy 1.34% Asset Allocation
Asset Class Value Cash 2.56% Equity 97.44% Top Securities Holdings / Portfolio
Name Holding Value Quantity Garware Hi-Tech Films Ltd (Basic Materials)
Equity, Since 31 Aug 23 | 5006554% ₹31 Cr 79,367
↑ 942 Shakti Pumps (India) Ltd (Industrials)
Equity, Since 31 Mar 24 | SHAKTIPUMP4% ₹28 Cr 64,490
↑ 14,294 Schneider Electric Infrastructure Ltd (Industrials)
Equity, Since 31 Dec 23 | SCHNEIDER4% ₹26 Cr 324,490 Cummins India Ltd (Industrials)
Equity, Since 31 May 21 | 5004803% ₹25 Cr 65,432 GE T&D India Ltd (Industrials)
Equity, Since 31 Jan 24 | 5222753% ₹21 Cr 127,403
↑ 32,224 Bharat Bijlee Ltd (Industrials)
Equity, Since 31 Jul 22 | BBL3% ₹21 Cr 44,119 ISGEC Heavy Engineering Ltd (Industrials)
Equity, Since 31 Jul 24 | 5330333% ₹20 Cr 148,097
↑ 4,345 Tata Power Co Ltd (Utilities)
Equity, Since 29 Feb 24 | 5004003% ₹20 Cr 406,920
↑ 246,051 Bharat Heavy Electricals Ltd (Industrials)
Equity, Since 31 May 24 | 5001032% ₹17 Cr 598,457
↑ 194,190 Hitachi Energy India Ltd Ordinary Shares (Technology)
Equity, Since 31 Jul 22 | POWERINDIA2% ₹17 Cr 11,454 2. LIC MF Large and Midcap Fund
CAGR/Annualized return of 15% since its launch. Return for 2023 was 26.7% , 2022 was -2.3% and 2021 was 33.3% . LIC MF Large and Midcap Fund
Growth Launch Date 25 Feb 15 NAV (23 Oct 24) ₹38.4436 ↑ 0.13 (0.35 %) Net Assets (Cr) ₹3,235 on 30 Sep 24 Category Equity - Large & Mid Cap AMC LIC Mutual Fund Asset Mgmt Co Ltd Rating Risk High Expense Ratio 1.92 Sharpe Ratio 2.63 Information Ratio -0.52 Alpha Ratio 2.85 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 30 Sep 19 ₹10,000 30 Sep 20 ₹10,015 30 Sep 21 ₹15,694 30 Sep 22 ₹16,035 30 Sep 23 ₹17,715 30 Sep 24 ₹26,336 Returns for LIC MF Large and Midcap Fund
absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 23 Oct 24 Duration Returns 1 Month -5.1% 3 Month 0.3% 6 Month 18% 1 Year 44% 3 Year 15.8% 5 Year 20.2% 10 Year 15 Year Since launch 15% Historical performance (Yearly) on absolute basis
Year Returns 2023 26.7% 2022 -2.3% 2021 33.3% 2020 14.1% 2019 10.9% 2018 -5% 2017 40.1% 2016 13.2% 2015 2014 Fund Manager information for LIC MF Large and Midcap Fund
Name Since Tenure Yogesh Patil 18 Sep 20 4.04 Yr. Dikshit Mittal 1 Jun 23 1.33 Yr. Data below for LIC MF Large and Midcap Fund as on 30 Sep 24
Equity Sector Allocation
Sector Value Financial Services 25.3% Industrials 22.57% Consumer Cyclical 18.71% Basic Materials 9.78% Technology 5.29% Health Care 5.1% Consumer Defensive 4.03% Energy 2.82% Utility 2.13% Communication Services 1.67% Real Estate 1.2% Asset Allocation
Asset Class Value Cash 1.4% Equity 98.6% Top Securities Holdings / Portfolio
Name Holding Value Quantity HDFC Bank Ltd (Financial Services)
Equity, Since 30 Apr 18 | HDFCBANK5% ₹146 Cr 845,123 ICICI Bank Ltd (Financial Services)
Equity, Since 31 Aug 18 | ICICIBANK5% ₹146 Cr 1,146,090 Trent Ltd (Consumer Cyclical)
Equity, Since 31 Mar 20 | 5002514% ₹123 Cr 162,102 Shakti Pumps (India) Ltd (Industrials)
Equity, Since 31 Mar 24 | SHAKTIPUMP3% ₹96 Cr 223,976 REC Ltd (Financial Services)
Equity, Since 31 Aug 23 | 5329553% ₹83 Cr 1,500,835 Garware Hi-Tech Films Ltd (Basic Materials)
Equity, Since 30 Sep 23 | 5006552% ₹78 Cr 201,312 Shriram Finance Ltd (Financial Services)
Equity, Since 31 May 23 | SHRIRAMFIN2% ₹74 Cr 207,557 ZF Commercial Vehicle Control Systems India Ltd (Consumer Cyclical)
Equity, Since 29 Feb 24 | ZFCVINDIA2% ₹70 Cr 43,783 Reliance Industries Ltd (Energy)
Equity, Since 30 Jun 20 | RELIANCE2% ₹64 Cr 215,328 Tata Consultancy Services Ltd (Technology)
Equity, Since 31 Mar 18 | TCS2% ₹63 Cr 147,953 3. LIC MF Tax Plan
CAGR/Annualized return of 11.5% since its launch. Ranked 35 in ELSS category. Return for 2023 was 26.3% , 2022 was -1.6% and 2021 was 26.2% . LIC MF Tax Plan
Growth Launch Date 3 Feb 99 NAV (23 Oct 24) ₹151.468 ↑ 0.39 (0.26 %) Net Assets (Cr) ₹1,209 on 30 Sep 24 Category Equity - ELSS AMC LIC Mutual Fund Asset Mgmt Co Ltd Rating ☆ Risk Moderately High Expense Ratio 2.11 Sharpe Ratio 2.48 Information Ratio -0.35 Alpha Ratio 2 Min Investment 500 Min SIP Investment 500 Exit Load NIL Sub Cat. ELSS Growth of 10,000 investment over the years.
Date Value 30 Sep 19 ₹10,000 30 Sep 20 ₹9,357 30 Sep 21 ₹14,443 30 Sep 22 ₹14,349 30 Sep 23 ₹16,370 30 Sep 24 ₹22,796 Returns for LIC MF Tax Plan
absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 23 Oct 24 Duration Returns 1 Month -5.2% 3 Month 1.4% 6 Month 17% 1 Year 35.3% 3 Year 13.9% 5 Year 16.9% 10 Year 15 Year Since launch 11.5% Historical performance (Yearly) on absolute basis
Year Returns 2023 26.3% 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% Fund Manager information for LIC MF Tax Plan
Name Since Tenure Yogesh Patil 1 Jul 24 0.25 Yr. Dikshit Mittal 31 Jul 23 1.17 Yr. Data below for LIC MF Tax Plan as on 30 Sep 24
Equity Sector Allocation
Sector Value Financial Services 26.06% Consumer Cyclical 23.32% Industrials 16.6% Consumer Defensive 9.47% Technology 8.93% Basic Materials 8.22% Health Care 3.34% Energy 1.88% Communication Services 1.05% Asset Allocation
Asset Class Value Cash 1.13% Equity 98.87% Top Securities Holdings / Portfolio
Name Holding Value Quantity ICICI Bank Ltd (Financial Services)
Equity, Since 31 Jul 18 | ICICIBANK7% ₹87 Cr 680,968 HDFC Bank Ltd (Financial Services)
Equity, Since 31 Oct 14 | HDFCBANK7% ₹79 Cr 458,211 Shakti Pumps (India) Ltd (Industrials)
Equity, Since 31 Mar 24 | SHAKTIPUMP5% ₹64 Cr 148,944 Trent Ltd (Consumer Cyclical)
Equity, Since 31 Mar 20 | 5002515% ₹55 Cr 72,136 Infosys Ltd (Technology)
Equity, Since 31 Oct 14 | INFY3% ₹38 Cr 205,257 State Bank of India (Financial Services)
Equity, Since 31 May 23 | SBIN3% ₹36 Cr 460,575 Cholamandalam Investment and Finance Co Ltd (Financial Services)
Equity, Since 30 Jun 22 | CHOLAFIN3% ₹34 Cr 210,855 Axis Bank Ltd (Financial Services)
Equity, Since 30 Jun 21 | 5322153% ₹31 Cr 250,779 Blue Star Ltd (Industrials)
Equity, Since 31 Oct 22 | BLUESTARCO2% ₹27 Cr 131,363 Larsen & Toubro Ltd (Industrials)
Equity, Since 31 Jul 23 | LT2% ₹25 Cr 68,942 4. LIC MF Multi Cap Fund
CAGR/Annualized return of 10.5% since its launch. Ranked 61 in Multi Cap category. Return for 2023 was 28.8% , 2022 was -2.6% and 2021 was 20.2% . LIC MF Multi Cap Fund
Growth Launch Date 15 Feb 99 NAV (23 Oct 24) ₹100.552 ↑ 0.61 (0.61 %) Net Assets (Cr) ₹1,135 on 30 Sep 24 Category Equity - Multi Cap AMC LIC Mutual Fund Asset Mgmt Co Ltd Rating ☆☆ Risk Moderately High Expense Ratio 2.18 Sharpe Ratio 2.24 Information Ratio -0.36 Alpha Ratio -2.27 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 30 Sep 19 ₹10,000 30 Sep 20 ₹9,596 30 Sep 21 ₹13,911 30 Sep 22 ₹13,642 30 Sep 23 ₹16,114 30 Sep 24 ₹22,190 Returns for LIC MF Multi Cap Fund
absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 23 Oct 24 Duration Returns 1 Month -6.2% 3 Month 0.3% 6 Month 14.2% 1 Year 32.9% 3 Year 13.8% 5 Year 15.6% 10 Year 15 Year Since launch 10.5% Historical performance (Yearly) on absolute basis
Year Returns 2023 28.8% 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% Fund Manager information for LIC MF Multi Cap Fund
Name Since Tenure Nikhil Rungta 1 Jul 24 0.25 Yr. Jaiprakash Toshniwal 31 Jul 23 1.17 Yr. Data below for LIC MF Multi Cap Fund as on 30 Sep 24
Equity Sector Allocation
Sector Value Financial Services 22.34% Consumer Cyclical 16.24% Industrials 13.95% Consumer Defensive 13.83% Technology 9.32% Basic Materials 7.94% Health Care 5.67% Utility 4.7% Real Estate 2.81% Communication Services 0.45% Energy 0.44% Asset Allocation
Asset Class Value Cash 2.31% Equity 97.69% Top Securities Holdings / Portfolio
Name Holding Value Quantity HDFC Bank Ltd (Financial Services)
Equity, Since 31 May 18 | HDFCBANK7% ₹75 Cr 431,348 Hindustan Unilever Ltd (Consumer Defensive)
Equity, Since 28 Feb 23 | HINDUNILVR4% ₹41 Cr 137,512
↓ -41,382 Piramal Pharma Ltd (Healthcare)
Equity, Since 30 Sep 23 | PPLPHARMA3% ₹38 Cr 1,667,932
↓ -240,660 Sudarshan Chemical Industries Ltd (Basic Materials)
Equity, Since 31 Jan 24 | SUDARSCHEM3% ₹33 Cr 299,200 VA Tech Wabag Ltd (Industrials)
Equity, Since 30 Nov 23 | 5332693% ₹31 Cr 206,465 Maruti Suzuki India Ltd (Consumer Cyclical)
Equity, Since 31 Jul 24 | MARUTI3% ₹31 Cr 23,468 Tech Mahindra Ltd (Technology)
Equity, Since 31 Jul 23 | 5327553% ₹29 Cr 183,707 Tata Power Co Ltd (Utilities)
Equity, Since 31 May 24 | 5004002% ₹26 Cr 545,988 JTL Industries Ltd (Basic Materials)
Equity, Since 31 Jul 24 | 5346002% ₹24 Cr 1,011,244 Shriram Finance Ltd (Financial Services)
Equity, Since 31 May 24 | SHRIRAMFIN2% ₹23 Cr 62,942 5. LIC MF Childrens Fund
CAGR/Annualized return of 5.4% since its launch. Return for 2023 was 22.1% , 2022 was -1% and 2021 was 15.5% . LIC MF Childrens Fund
Growth Launch Date 21 Nov 01 NAV (23 Oct 24) ₹33.4754 ↑ 0.15 (0.46 %) Net Assets (Cr) ₹17 on 30 Sep 24 Category Solutions - Childrens Fund AMC LIC Mutual Fund Asset Mgmt Co Ltd Rating Risk Moderately High Expense Ratio 2.25 Sharpe Ratio 2.13 Information Ratio -0.1 Alpha Ratio -1.68 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 30 Sep 19 ₹10,000 30 Sep 20 ₹9,873 30 Sep 21 ₹13,612 30 Sep 22 ₹13,140 30 Sep 23 ₹15,099 30 Sep 24 ₹19,757 Returns for LIC MF Childrens Fund
absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 23 Oct 24 Duration Returns 1 Month -5.7% 3 Month 1.3% 6 Month 12.5% 1 Year 26.6% 3 Year 11.1% 5 Year 13.3% 10 Year 15 Year Since launch 5.4% Historical performance (Yearly) on absolute basis
Year Returns 2023 22.1% 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% Fund Manager information for LIC MF Childrens Fund
Name Since Tenure Nikhil Rungta 1 Jul 24 0.25 Yr. Pratik Shroff 26 Sep 23 1.01 Yr. Data below for LIC MF Childrens Fund as on 30 Sep 24
Asset Allocation
Asset Class Value Cash 2.11% Equity 88.93% Debt 8.96% Top Securities Holdings / Portfolio
Name Holding Value Quantity 7.38% Govt Stock 2027
Sovereign Bonds | -9% ₹2 Cr 150,000 HDFC Bank Ltd (Financial Services)
Equity, Since 30 Apr 18 | HDFCBANK8% ₹1 Cr 8,500 Reliance Industries Ltd (Energy)
Equity, Since 30 Apr 18 | RELIANCE6% ₹1 Cr 3,645 Trent Ltd (Consumer Cyclical)
Equity, Since 31 May 22 | 5002514% ₹1 Cr 1,005
↓ -63 Larsen & Toubro Ltd (Industrials)
Equity, Since 30 Jun 21 | LT4% ₹1 Cr 1,772 Infosys Ltd (Technology)
Equity, Since 31 May 18 | INFY3% ₹1 Cr 3,202 Tata Power Co Ltd (Utilities)
Equity, Since 30 Sep 24 | 5004003% ₹1 Cr 11,225
↑ 11,225 JTL Industries Ltd (Basic Materials)
Equity, Since 31 Jul 24 | 5346002% ₹0 Cr 18,074 Arvind Fashions Ltd (Consumer Cyclical)
Equity, Since 31 Dec 23 | ARVINDFASN2% ₹0 Cr 6,912 Hindustan Unilever Ltd (Consumer Defensive)
Equity, Since 31 Oct 18 | HINDUNILVR2% ₹0 Cr 1,380 6. LIC MF Equity Hybrid Fund
CAGR/Annualized return of 8.9% since its launch. Ranked 27 in Hybrid Equity category. Return for 2023 was 19.3% , 2022 was -2.2% and 2021 was 15.5% . LIC MF Equity Hybrid Fund
Growth Launch Date 3 Feb 99 NAV (23 Oct 24) ₹191.4 ↑ 0.67 (0.35 %) Net Assets (Cr) ₹560 on 30 Sep 24 Category Hybrid - Hybrid Equity AMC LIC Mutual Fund Asset Mgmt Co Ltd Rating ☆☆ Risk Moderately High Expense Ratio 2.27 Sharpe Ratio 3.03 Information Ratio -0.21 Alpha Ratio 4.32 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 30 Sep 19 ₹10,000 30 Sep 20 ₹9,743 30 Sep 21 ₹13,129 30 Sep 22 ₹12,758 30 Sep 23 ₹14,270 30 Sep 24 ₹18,945 Returns for LIC MF Equity Hybrid Fund
absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 23 Oct 24 Duration Returns 1 Month -4.4% 3 Month 1.6% 6 Month 10.9% 1 Year 29.2% 3 Year 11% 5 Year 12.5% 10 Year 15 Year Since launch 8.9% Historical performance (Yearly) on absolute basis
Year Returns 2023 19.3% 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% Fund Manager information for LIC MF Equity Hybrid Fund
Name Since Tenure Sumit Bhatnagar 1 Jul 24 0.25 Yr. Karan Doshi 6 Sep 21 3.07 Yr. Pratik Shroff 26 Sep 23 1.01 Yr. Data below for LIC MF Equity Hybrid Fund as on 30 Sep 24
Asset Allocation
Asset Class Value Cash 1.14% Equity 77.03% Debt 21.83% Equity Sector Allocation
Sector Value Consumer Cyclical 16.23% Financial Services 14.99% Industrials 14.59% Technology 7.95% Consumer Defensive 6.21% Health Care 4.5% Energy 3.7% Basic Materials 3.4% Communication Services 2.25% Real Estate 1.76% Utility 1.45% Debt Sector Allocation
Sector Value Government 16.25% Corporate 5.58% Cash Equivalent 1.14% Credit Quality
Rating Value AAA 100% Top Securities Holdings / Portfolio
Name Holding Value Quantity HDFC Bank Ltd (Financial Services)
Equity, Since 30 Apr 18 | HDFCBANK6% ₹32 Cr 182,894
↑ 8,538 ICICI Bank Ltd (Financial Services)
Equity, Since 30 Sep 12 | ICICIBANK4% ₹23 Cr 178,219 Reliance Industries Ltd (Energy)
Equity, Since 30 Apr 22 | RELIANCE4% ₹21 Cr 70,159 Infosys Ltd (Technology)
Equity, Since 31 May 18 | INFY3% ₹19 Cr 100,317
↑ 13,009 07.70 Kt Gs 2033
Sovereign Bonds | -3% ₹16 Cr 1,500,000 Trent Ltd (Consumer Cyclical)
Equity, Since 30 Jun 22 | 5002513% ₹16 Cr 20,824 7.18% Govt Stock 2037
Sovereign Bonds | -3% ₹16 Cr 1,500,000 ITC Ltd (Consumer Defensive)
Equity, Since 30 Nov 22 | ITC2% ₹13 Cr 247,771 Maruti Suzuki India Ltd (Consumer Cyclical)
Equity, Since 31 Oct 18 | MARUTI2% ₹13 Cr 9,524 Piramal Pharma Ltd (Healthcare)
Equity, Since 31 Oct 23 | PPLPHARMA2% ₹12 Cr 527,016 7. LIC MF Index Fund Nifty
CAGR/Annualized return of 13.1% since its launch. Ranked 80 in Index Fund category. Return for 2023 was 19.8% , 2022 was 4.7% and 2021 was 23.8% . LIC MF Index Fund Nifty
Growth Launch Date 14 Nov 02 NAV (23 Oct 24) ₹134.708 ↓ -0.21 (-0.15 %) Net Assets (Cr) ₹340 on 30 Sep 24 Category Others - Index Fund AMC LIC Mutual Fund Asset Mgmt Co Ltd Rating ☆ Risk Moderately High Expense Ratio 0.95 Sharpe Ratio 2.01 Information Ratio -10.68 Alpha Ratio -1.04 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 30 Sep 19 ₹10,000 30 Sep 20 ₹9,806 30 Sep 21 ₹15,308 30 Sep 22 ₹14,898 30 Sep 23 ₹17,099 30 Sep 24 ₹22,490 Returns for LIC MF Index Fund Nifty
absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 23 Oct 24 Duration Returns 1 Month -5.9% 3 Month -0.2% 6 Month 9.5% 1 Year 26.8% 3 Year 10.6% 5 Year 16% 10 Year 15 Year Since launch 13.1% Historical performance (Yearly) on absolute basis
Year Returns 2023 19.8% 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% Fund Manager information for LIC MF Index Fund Nifty
Name Since Tenure Sumit Bhatnagar 3 Oct 23 0.99 Yr. Data below for LIC MF Index Fund Nifty as on 30 Sep 24
Asset Allocation
Asset Class Value Cash 0.28% Equity 99.72% Top Securities Holdings / Portfolio
Name Holding Value Quantity HDFC Bank Ltd (Financial Services)
Equity, Since 30 Apr 09 | HDFCBANK11% ₹38 Cr 221,769
↓ -2,623 Reliance Industries Ltd (Energy)
Equity, Since 31 Mar 12 | RELIANCE9% ₹29 Cr 99,712
↓ -861 ICICI Bank Ltd (Financial Services)
Equity, Since 30 Apr 09 | ICICIBANK8% ₹26 Cr 206,734
↓ -2,313 Infosys Ltd (Technology)
Equity, Since 31 Jan 03 | INFY6% ₹20 Cr 105,348
↓ -1,933 ITC Ltd (Consumer Defensive)
Equity, Since 31 Jan 03 | ITC4% ₹14 Cr 272,817
↓ -330 Bharti Airtel Ltd (Communication Services)
Equity, Since 30 Apr 09 | BHARTIARTL4% ₹13 Cr 78,617
↓ -532 Tata Consultancy Services Ltd (Technology)
Equity, Since 31 Mar 05 | TCS4% ₹13 Cr 30,145
↑ 72 Larsen & Toubro Ltd (Industrials)
Equity, Since 30 Apr 09 | LT4% ₹13 Cr 34,469
↓ -185 Axis Bank Ltd (Financial Services)
Equity, Since 31 Mar 09 | 5322153% ₹10 Cr 83,378
↓ -799 State Bank of India (Financial Services)
Equity, Since 30 Apr 09 | SBIN3% ₹9 Cr 112,460
↓ -1,597 8. LIC MF Index Fund Sensex
CAGR/Annualized return of 13.6% since its launch. Ranked 79 in Index Fund category. Return for 2023 was 19% , 2022 was 4.6% and 2021 was 21.9% . LIC MF Index Fund Sensex
Growth Launch Date 14 Nov 02 NAV (23 Oct 24) ₹149.608 ↓ -0.26 (-0.18 %) Net Assets (Cr) ₹88 on 30 Sep 24 Category Others - Index Fund AMC LIC Mutual Fund Asset Mgmt Co Ltd Rating ☆ Risk Moderately High Expense Ratio 0.98 Sharpe Ratio 1.72 Information Ratio 0 Alpha Ratio 0 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 30 Sep 19 ₹10,000 30 Sep 20 ₹9,891 30 Sep 21 ₹15,314 30 Sep 22 ₹14,902 30 Sep 23 ₹17,143 30 Sep 24 ₹21,972 Returns for LIC MF Index Fund Sensex
absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 23 Oct 24 Duration Returns 1 Month -5.8% 3 Month -0.5% 6 Month 8.9% 1 Year 24.1% 3 Year 9.8% 5 Year 15.6% 10 Year 15 Year Since launch 13.6% Historical performance (Yearly) on absolute basis
Year Returns 2023 19% 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% Fund Manager information for LIC MF Index Fund Sensex
Name Since Tenure Sumit Bhatnagar 3 Oct 23 0.99 Yr. Data below for LIC MF Index Fund Sensex as on 30 Sep 24
Asset Allocation
Asset Class Value Cash 0.33% Equity 99.67% Top Securities Holdings / Portfolio
Name Holding Value Quantity HDFC Bank Ltd (Financial Services)
Equity, Since 31 Mar 09 | HDFCBANK13% ₹12 Cr 68,383
↓ -246 Reliance Industries Ltd (Energy)
Equity, Since 31 Mar 09 | RELIANCE10% ₹9 Cr 30,576
↓ -586 ICICI Bank Ltd (Financial Services)
Equity, Since 30 Apr 09 | 5321749% ₹8 Cr 63,929
↓ -586 Infosys Ltd (Technology)
Equity, Since 31 Mar 09 | INFY7% ₹6 Cr 31,814
↓ -1,271 ITC Ltd (Consumer Defensive)
Equity, Since 30 Sep 11 | ITC5% ₹4 Cr 82,765
↓ -1,975 Bharti Airtel Ltd (Communication Services)
Equity, Since 30 Apr 09 | BHARTIARTL5% ₹4 Cr 24,553
↑ 297 Larsen & Toubro Ltd (Industrials)
Equity, Since 31 Mar 09 | LT5% ₹4 Cr 10,800
↑ 73 Tata Consultancy Services Ltd (Technology)
Equity, Since 31 Mar 09 | TCS4% ₹4 Cr 9,006
↓ -251 Axis Bank Ltd (Financial Services)
Equity, Since 31 Dec 13 | 5322154% ₹3 Cr 25,591
↓ -192 State Bank of India (Financial Services)
Equity, Since 31 Mar 09 | SBIN3% ₹3 Cr 34,501
↓ -536 9. LIC MF Banking & Financial Services Fund
CAGR/Annualized return of 7.2% since its launch. Return for 2023 was 20.5% , 2022 was 19.6% and 2021 was 9.8% . LIC MF Banking & Financial Services Fund
Growth Launch Date 27 Mar 15 NAV (23 Oct 24) ₹19.4925 ↑ 0.02 (0.08 %) Net Assets (Cr) ₹291 on 30 Sep 24 Category Equity - Sectoral AMC LIC Mutual Fund Asset Mgmt Co Ltd Rating Risk High Expense Ratio 2.3 Sharpe Ratio 0.66 Information Ratio 0.4 Alpha Ratio -6.71 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 30 Sep 19 ₹10,000 30 Sep 20 ₹7,727 30 Sep 21 ₹12,225 30 Sep 22 ₹12,777 30 Sep 23 ₹15,353 30 Sep 24 ₹17,895 Returns for LIC MF Banking & Financial Services Fund
absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 23 Oct 24 Duration Returns 1 Month -6.5% 3 Month -2.4% 6 Month 4.7% 1 Year 13.5% 3 Year 9.4% 5 Year 11.2% 10 Year 15 Year Since launch 7.2% Historical performance (Yearly) on absolute basis
Year Returns 2023 20.5% 2022 19.6% 2021 9.8% 2020 -2.1% 2019 19.9% 2018 -18% 2017 32.7% 2016 10.5% 2015 2014 Fund Manager information for LIC MF Banking & Financial Services Fund
Name Since Tenure Jaiprakash Toshniwal 6 Sep 21 3.07 Yr. Data below for LIC MF Banking & Financial Services Fund as on 30 Sep 24
Equity Sector Allocation
Sector Value Financial Services 92.62% Consumer Cyclical 2.42% Technology 1.78% Asset Allocation
Asset Class Value Cash 3.18% Equity 96.82% Top Securities Holdings / Portfolio
Name Holding Value Quantity HDFC Bank Ltd (Financial Services)
Equity, Since 30 Apr 15 | HDFCBANK24% ₹69 Cr 398,905 ICICI Bank Ltd (Financial Services)
Equity, Since 30 Apr 15 | ICICIBANK11% ₹33 Cr 259,841
↓ -12,941 Axis Bank Ltd (Financial Services)
Equity, Since 30 Apr 15 | 5322157% ₹22 Cr 176,643
↑ 13,253 State Bank of India (Financial Services)
Equity, Since 31 Mar 20 | SBIN5% ₹16 Cr 201,860 Power Finance Corp Ltd (Financial Services)
Equity, Since 30 Sep 23 | 5328103% ₹10 Cr 200,878 Mahindra & Mahindra Financial Services Ltd (Financial Services)
Equity, Since 31 Dec 23 | M&MFIN3% ₹10 Cr 284,943
↑ 51,199 Kotak Mahindra Bank Ltd (Financial Services)
Equity, Since 29 Feb 24 | KOTAKBANK3% ₹9 Cr 49,613 IndusInd Bank Ltd (Financial Services)
Equity, Since 29 Feb 24 | INDUSINDBK3% ₹9 Cr 62,294 CreditAccess Grameen Ltd Ordinary Shares (Financial Services)
Equity, Since 30 Sep 22 | CREDITACC3% ₹9 Cr 74,502 Piramal Enterprises Ltd (Financial Services)
Equity, Since 31 Oct 21 | 5003023% ₹8 Cr 70,720 10. LIC MF Large Cap Fund
CAGR/Annualized return of 10.9% since its launch. Ranked 66 in Large Cap category. Return for 2023 was 16.9% , 2022 was -1.6% and 2021 was 23.8% . LIC MF Large Cap Fund
Growth Launch Date 3 Feb 99 NAV (23 Oct 24) ₹55.0469 ↑ 0.05 (0.09 %) Net Assets (Cr) ₹1,588 on 30 Sep 24 Category Equity - Large Cap AMC LIC Mutual Fund Asset Mgmt Co Ltd Rating ☆☆ Risk Moderately High Expense Ratio 2.06 Sharpe Ratio 2.37 Information Ratio -1.39 Alpha Ratio -1.08 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 30 Sep 19 ₹10,000 30 Sep 20 ₹9,586 30 Sep 21 ₹14,895 30 Sep 22 ₹14,183 30 Sep 23 ₹15,528 30 Sep 24 ₹21,086 Returns for LIC MF Large Cap Fund
absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 23 Oct 24 Duration Returns 1 Month -6.3% 3 Month -0.8% 6 Month 11.4% 1 Year 30.8% 3 Year 9.2% 5 Year 14.5% 10 Year 15 Year Since launch 10.9% Historical performance (Yearly) on absolute basis
Year Returns 2023 16.9% 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% Fund Manager information for LIC MF Large Cap Fund
Name Since Tenure Sumit Bhatnagar 3 Oct 23 0.99 Yr. Nikhil Rungta 1 Jul 24 0.25 Yr. Data below for LIC MF Large Cap Fund as on 30 Sep 24
Equity Sector Allocation
Sector Value Financial Services 23.76% Consumer Defensive 13.94% Consumer Cyclical 13.13% Industrials 13.08% Energy 8.73% Technology 7.81% Utility 6.58% Basic Materials 4.41% Communication Services 3.48% Health Care 3.17% Real Estate 0.44% Asset Allocation
Asset Class Value Cash 1.47% Equity 98.53% Top Securities Holdings / Portfolio
Name Holding Value Quantity HDFC Bank Ltd (Financial Services)
Equity, Since 30 Apr 09 | HDFCBANK9% ₹151 Cr 869,845 Reliance Industries Ltd (Energy)
Equity, Since 30 Jun 18 | RELIANCE7% ₹110 Cr 373,105 Larsen & Toubro Ltd (Industrials)
Equity, Since 31 Oct 07 | LT4% ₹71 Cr 194,066 ICICI Bank Ltd (Financial Services)
Equity, Since 31 Jul 18 | ICICIBANK4% ₹68 Cr 532,787
↑ 68,397 Infosys Ltd (Technology)
Equity, Since 31 Dec 09 | INFY4% ₹67 Cr 359,092 Maruti Suzuki India Ltd (Consumer Cyclical)
Equity, Since 31 Mar 15 | MARUTI4% ₹64 Cr 48,247 Bharti Airtel Ltd (Communication Services)
Equity, Since 30 Nov 19 | BHARTIARTL3% ₹55 Cr 322,865 ITC Ltd (Consumer Defensive)
Equity, Since 31 May 23 | ITC3% ₹53 Cr 1,032,489 Hindustan Unilever Ltd (Consumer Defensive)
Equity, Since 31 May 17 | HINDUNILVR3% ₹53 Cr 177,697 Tata Consultancy Services Ltd (Technology)
Equity, Since 31 Mar 18 | TCS2% ₹39 Cr 90,915
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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