fincash logo SOLUTIONS
EXPLORE FUNDS
CALCULATORS
fincash number+91-22-62820123
Top 10 Best LIC Mutual Fund Schemes 2022

Fincash » LIC Mutual Fund » Best LIC Mutual Fund Schemes

10 Best LIC Mutual Fund Schemes 2022

Updated on November 27, 2022 , 37181 views

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?

  1. Open Free Investment Account for Lifetime at Fincash.com.

  2. Complete your Registration and KYC Process

  3. Upload Documents (PAN, Aadhaar, etc.). And, You are Ready to Invest!

    Get Started

Best LIC Mutual Fund Schemes

FundNAVNet Assets (Cr)Min InvestmentMin SIP Investment3 MO (%)6 MO (%)1 YR (%)3 YR (%)5 YR (%)Since launch (%)2021 (%)
LIC MF Infrastructure Fund Growth ₹24.3934
↓ -0.07
₹92 5,000 1,000 3.214.51317.4106.246.6
LIC MF Large and Midcap Fund Growth ₹24.8593
↑ 0.04
₹1,982 5,000 1,000 1.910.74.615.811.112.533.3
LIC MF Index Fund Nifty Growth ₹102.802
↑ 0.30
₹54 5,000 1,000 7.514.39.515.612.412.923.8
LIC MF Index Fund Sensex Growth ₹116.587
↑ 0.33
₹57 5,000 1,000 7.914.49.615.513.313.621.9
LIC MF Large Cap Fund Growth ₹41.5695
↑ 0.19
₹696 5,000 1,000 5.111.92.813.210.810.523.8
LIC MF Tax Plan Growth ₹100.89
↓ -0.04
₹427 500 500 2.110.8311.99.910.526.2
LIC MF Multi Cap Fund Growth ₹67.2781
↓ -0.12
₹418 5,000 1,000 3.110.42.510.379.520.2
LIC MF Childrens Fund Growth ₹24.5081
↑ 0.11
₹14 5,000 1,000 4.610.44.610.26.84.315.5
LIC MF Banking & Financial Services Fund Growth ₹15.8132
↑ 0.03
₹89 5,000 1,000 9.324.717.49.44.36.29.8
LIC MF Equity Hybrid Fund Growth ₹139.759
↑ 0.46
₹427 5,000 1,000 4.19.32.78.76.98.215.5
Note: Returns up to 1 year are on absolute basis & more than 1 year are on CAGR basis. as on 29 Nov 22

1. LIC MF Infrastructure Fund

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 CAGR/Annualized return of 6.2% since its launch.  Return for 2021 was 46.6% , 2020 was -0.1% and 2019 was 13.3% .

Below is the key information for LIC MF Infrastructure Fund

LIC MF Infrastructure Fund
Growth
Launch Date 29 Feb 08
NAV (29 Nov 22) ₹24.3934 ↓ -0.07   (-0.27 %)
Net Assets (Cr) ₹92 on 31 Oct 22
Category Equity - Sectoral
AMC LIC Mutual Fund Asset Mgmt Co Ltd
Rating Not Rated
Risk High
Expense Ratio 2.26
Sharpe Ratio 0.43
Information Ratio -0.02
Alpha Ratio 3.93
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.

DateValue
31 Oct 17₹10,000
31 Oct 18₹8,594
31 Oct 19₹9,858
31 Oct 20₹8,731
31 Oct 21₹14,827
31 Oct 22₹16,239

LIC MF Infrastructure Fund SIP Returns

   
My Monthly Investment:
Investment Tenure:
Years
Expected Annual Returns:
%
Total investment amount is ₹300,000
expected amount after 5 Years is ₹395,578.
Net Profit of ₹95,578
Invest Now

Returns for LIC MF Infrastructure Fund

Returns up to 1 year are on absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 29 Nov 22

DurationReturns
1 Month 2.3%
3 Month 3.2%
6 Month 14.5%
1 Year 13%
3 Year 17.4%
5 Year 10%
10 Year
15 Year
Since launch 6.2%
Historical performance (Yearly) on absolute basis
YearReturns
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%
2012 26.6%
Fund Manager information for LIC MF Infrastructure Fund
NameSinceTenure
Yogesh Patil18 Sep 202.12 Yr.

Data below for LIC MF Infrastructure Fund as on 31 Oct 22

Equity Sector Allocation
SectorValue
Industrials59.41%
Basic Materials7.35%
Communication Services6.93%
Real Estate5.83%
Utility5.11%
Consumer Cyclical5.03%
Energy4.61%
Technology1.06%
Asset Allocation
Asset ClassValue
Cash2.54%
Equity97.46%
Top Securities Holdings / Portfolio
NameHoldingValueQuantity
Transport Corp of India Ltd (Industrials)
Equity, Since 30 Sep 20 | TCI
8%₹7 Cr91,714
Bharti Airtel Ltd (Communication Services)
Equity, Since 30 Apr 09 | BHARTIARTL
7%₹6 Cr75,548
KSB Ltd (Industrials)
Equity, Since 31 May 21 | KSB
6%₹6 Cr27,640
UltraTech Cement Ltd (Basic Materials)
Equity, Since 31 Jul 13 | ULTRACEMCO
5%₹4 Cr6,834
SKF India Ltd (Industrials)
Equity, Since 31 Mar 13 | SKFINDIA
5%₹4 Cr8,708
Reliance Industries Ltd (Energy)
Equity, Since 30 Jun 18 | RELIANCE
4%₹4 Cr16,663
↓ -1,817
Brigade Enterprises Ltd (Real Estate)
Equity, Since 31 Jan 15 | 532929
4%₹4 Cr71,282
Blue Dart Express Ltd (Industrials)
Equity, Since 30 Sep 20 | BLUEDART
3%₹3 Cr3,581
Timken India Ltd (Industrials)
Equity, Since 31 May 21 | 522113
3%₹3 Cr10,010
Cummins India Ltd (Industrials)
Equity, Since 31 May 21 | 500480
3%₹3 Cr24,910

2. LIC MF Large and Midcap Fund

(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 CAGR/Annualized return of 12.5% since its launch.  Return for 2021 was 33.3% , 2020 was 14.1% and 2019 was 10.9% .

Below is the key information for LIC MF Large and Midcap Fund

LIC MF Large and Midcap Fund
Growth
Launch Date 25 Feb 15
NAV (29 Nov 22) ₹24.8593 ↑ 0.04   (0.15 %)
Net Assets (Cr) ₹1,982 on 31 Oct 22
Category Equity - Large & Mid Cap
AMC LIC Mutual Fund Asset Mgmt Co Ltd
Rating Not Rated
Risk High
Expense Ratio 1.98
Sharpe Ratio -0.08
Information Ratio -0.81
Alpha Ratio -2.11
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.

DateValue
31 Oct 17₹10,000
31 Oct 18₹9,434
31 Oct 19₹10,778
31 Oct 20₹10,768
31 Oct 21₹16,672
31 Oct 22₹17,064

LIC MF Large and Midcap Fund SIP Returns

   
My Monthly Investment:
Investment Tenure:
Years
Expected Annual Returns:
%
Total investment amount is ₹300,000
expected amount after 5 Years is ₹405,518.
Net Profit of ₹105,518
Invest Now

Returns for LIC MF Large and Midcap Fund

Returns up to 1 year are on absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 29 Nov 22

DurationReturns
1 Month 0.9%
3 Month 1.9%
6 Month 10.7%
1 Year 4.6%
3 Year 15.8%
5 Year 11.1%
10 Year
15 Year
Since launch 12.5%
Historical performance (Yearly) on absolute basis
YearReturns
2021 33.3%
2020 14.1%
2019 10.9%
2018 -5%
2017 40.1%
2016 13.2%
2015
2014
2013
2012
Fund Manager information for LIC MF Large and Midcap Fund
NameSinceTenure
Yogesh Patil18 Sep 202.12 Yr.

Data below for LIC MF Large and Midcap Fund as on 31 Oct 22

Equity Sector Allocation
SectorValue
Financial Services21.4%
Industrials16.33%
Consumer Cyclical14.91%
Basic Materials13.55%
Consumer Defensive9.47%
Technology8.21%
Health Care3.92%
Communication Services2.83%
Real Estate2.01%
Energy1.91%
Utility1.41%
Asset Allocation
Asset ClassValue
Cash4.05%
Equity95.95%
Top Securities Holdings / Portfolio
NameHoldingValueQuantity
ICICI Bank Ltd (Financial Services)
Equity, Since 31 Aug 18 | ICICIBANK
6%₹111 Cr1,287,103
Infosys Ltd (Technology)
Equity, Since 31 Jan 19 | INFY
4%₹85 Cr598,964
HDFC Bank Ltd (Financial Services)
Equity, Since 30 Apr 18 | HDFCBANK
4%₹75 Cr529,564
Aditya Birla Fashion and Retail Ltd (Consumer Cyclical)
Equity, Since 31 Jan 19 | ABFRL
2%₹46 Cr1,305,802
Tata Consultancy Services Ltd (Technology)
Equity, Since 31 Mar 18 | TCS
2%₹43 Cr144,475
Kansai Nerolac Paints Ltd (Basic Materials)
Equity, Since 31 Jan 22 | 500165
2%₹42 Cr854,813
↑ 136,067
Atul Ltd (Basic Materials)
Equity, Since 29 Feb 20 | ATUL
2%₹40 Cr44,822
Hindustan Unilever Ltd (Consumer Defensive)
Equity, Since 30 Sep 20 | HINDUNILVR
2%₹38 Cr140,126
Reliance Industries Ltd (Energy)
Equity, Since 30 Jun 20 | RELIANCE
2%₹38 Cr158,033
Cummins India Ltd (Industrials)
Equity, Since 31 May 21 | 500480
2%₹36 Cr302,596

3. LIC MF Index Fund Nifty

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 CAGR/Annualized return of 12.9% since its launch.  Ranked 80 in Index Fund category.  Return for 2021 was 23.8% , 2020 was 14.7% and 2019 was 12.6% .

Below is the key information for LIC MF Index Fund Nifty

LIC MF Index Fund Nifty
Growth
Launch Date 14 Nov 02
NAV (29 Nov 22) ₹102.802 ↑ 0.30   (0.29 %)
Net Assets (Cr) ₹54 on 31 Oct 22
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 -6.06
Alpha Ratio -0.98
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.

DateValue
31 Oct 17₹10,000
31 Oct 18₹10,001
31 Oct 19₹11,471
31 Oct 20₹11,252
31 Oct 21₹17,013
31 Oct 22₹17,407

LIC MF Index Fund Nifty SIP Returns

   
My Monthly Investment:
Investment Tenure:
Years
Expected Annual Returns:
%
Total investment amount is ₹300,000
expected amount after 5 Years is ₹415,684.
Net Profit of ₹115,684
Invest Now

Returns for LIC MF Index Fund Nifty

Returns up to 1 year are on absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 29 Nov 22

DurationReturns
1 Month 4.6%
3 Month 7.5%
6 Month 14.3%
1 Year 9.5%
3 Year 15.6%
5 Year 12.4%
10 Year
15 Year
Since launch 12.9%
Historical performance (Yearly) on absolute basis
YearReturns
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%
2012 27.7%
Fund Manager information for LIC MF Index Fund Nifty
NameSinceTenure
Jaiprakash Toshniwal6 Sep 211.15 Yr.

Data below for LIC MF Index Fund Nifty as on 31 Oct 22

Asset Allocation
Asset ClassValue
Cash0.72%
Equity99.28%
Top Securities Holdings / Portfolio
NameHoldingValueQuantity
Reliance Industries Ltd (Energy)
Equity, Since 31 Mar 12 | RELIANCE
11%₹6 Cr26,435
↓ -220
HDFC Bank Ltd (Financial Services)
Equity, Since 30 Apr 09 | HDFCBANK
8%₹5 Cr33,140
↓ -626
ICICI Bank Ltd (Financial Services)
Equity, Since 30 Apr 09 | ICICIBANK
8%₹5 Cr53,099
↓ -200
Infosys Ltd (Technology)
Equity, Since 31 Jan 03 | INFY
7%₹4 Cr28,258
↓ -99
Housing Development Finance Corp Ltd (Financial Services)
Equity, Since 31 Jan 03 | HDFC
5%₹3 Cr13,666
↓ -254
Tata Consultancy Services Ltd (Technology)
Equity, Since 31 Mar 05 | TCS
4%₹2 Cr8,002
↑ 52
ITC Ltd (Consumer Defensive)
Equity, Since 31 Jan 03 | ITC
4%₹2 Cr67,616
↓ -114
Kotak Mahindra Bank Ltd (Financial Services)
Equity, Since 30 Apr 10 | KOTAKBANK
3%₹2 Cr11,102
↓ -285
Hindustan Unilever Ltd (Consumer Defensive)
Equity, Since 31 Oct 11 | HINDUNILVR
3%₹2 Cr6,911
↑ 78
Larsen & Toubro Ltd (Industrials)
Equity, Since 30 Apr 09 | LT
3%₹2 Cr9,352
↑ 88

4. LIC MF Index Fund Sensex

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 CAGR/Annualized return of 13.6% since its launch.  Ranked 79 in Index Fund category.  Return for 2021 was 21.9% , 2020 was 15.9% and 2019 was 14.6% .

Below is the key information for LIC MF Index Fund Sensex

LIC MF Index Fund Sensex
Growth
Launch Date 14 Nov 02
NAV (29 Nov 22) ₹116.587 ↑ 0.33   (0.28 %)
Net Assets (Cr) ₹57 on 31 Oct 22
Category Others - Index Fund
AMC LIC Mutual Fund Asset Mgmt Co Ltd
Rating
Risk Moderately High
Expense Ratio 0.99
Sharpe Ratio -0.06
Information Ratio -3.75
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.

DateValue
31 Oct 17₹10,000
31 Oct 18₹10,336
31 Oct 19₹12,046
31 Oct 20₹11,958
31 Oct 21₹17,850
31 Oct 22₹18,306

LIC MF Index Fund Sensex SIP Returns

   
My Monthly Investment:
Investment Tenure:
Years
Expected Annual Returns:
%
Total investment amount is ₹300,000
expected amount after 5 Years is ₹426,080.
Net Profit of ₹126,080
Invest Now

Returns for LIC MF Index Fund Sensex

Returns up to 1 year are on absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 29 Nov 22

DurationReturns
1 Month 4.5%
3 Month 7.9%
6 Month 14.4%
1 Year 9.6%
3 Year 15.5%
5 Year 13.3%
10 Year
15 Year
Since launch 13.6%
Historical performance (Yearly) on absolute basis
YearReturns
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%
2012 26.3%
Fund Manager information for LIC MF Index Fund Sensex
NameSinceTenure
Jaiprakash Toshniwal6 Sep 211.15 Yr.

Data below for LIC MF Index Fund Sensex as on 31 Oct 22

Asset Allocation
Asset ClassValue
Equity104.51%
Top Securities Holdings / Portfolio
NameHoldingValueQuantity
Reliance Industries Ltd (Energy)
Equity, Since 31 Mar 09 | RELIANCE
13%₹7 Cr28,828
↑ 738
HDFC Bank Ltd (Financial Services)
Equity, Since 31 Mar 09 | HDFCBANK
10%₹5 Cr36,332
↑ 761
ICICI Bank Ltd (Financial Services)
Equity, Since 30 Apr 09 | 532174
10%₹5 Cr58,173
↑ 2,125
Infosys Ltd (Technology)
Equity, Since 31 Mar 09 | INFY
8%₹4 Cr31,001
↑ 1,185
Housing Development Finance Corp Ltd (Financial Services)
Equity, Since 31 Mar 09 | HDFC
7%₹3 Cr15,037
↑ 361
Tata Consultancy Services Ltd (Technology)
Equity, Since 31 Mar 09 | TCS
5%₹3 Cr8,722
↑ 469
ITC Ltd (Consumer Defensive)
Equity, Since 30 Sep 11 | ITC
5%₹2 Cr74,951
↑ 3,691
Kotak Mahindra Bank Ltd (Financial Services)
Equity, Since 30 Jun 17 | KOTAKBANK
4%₹2 Cr11,920
↑ 1,222
Hindustan Unilever Ltd (Consumer Defensive)
Equity, Since 31 Oct 11 | 500696
4%₹2 Cr7,569
↑ 385
Larsen & Toubro Ltd (Industrials)
Equity, Since 31 Mar 09 | LT
4%₹2 Cr10,176
↑ 403

5. LIC MF Large Cap Fund

(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 CAGR/Annualized return of 10.5% since its launch.  Ranked 66 in Large Cap category.  Return for 2021 was 23.8% , 2020 was 13.8% and 2019 was 15% .

Below is the key information for LIC MF Large Cap Fund

LIC MF Large Cap Fund
Growth
Launch Date 3 Feb 99
NAV (29 Nov 22) ₹41.5695 ↑ 0.19   (0.46 %)
Net Assets (Cr) ₹696 on 31 Oct 22
Category Equity - Large Cap
AMC LIC Mutual Fund Asset Mgmt Co Ltd
Rating
Risk Moderately High
Expense Ratio 2.2
Sharpe Ratio -0.36
Information Ratio -0.6
Alpha Ratio -5.49
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.

DateValue
31 Oct 17₹10,000
31 Oct 18₹9,470
31 Oct 19₹11,433
31 Oct 20₹11,066
31 Oct 21₹16,796
31 Oct 22₹16,447

LIC MF Large Cap Fund SIP Returns

   
My Monthly Investment:
Investment Tenure:
Years
Expected Annual Returns:
%
Total investment amount is ₹300,000
expected amount after 5 Years is ₹395,578.
Net Profit of ₹95,578
Invest Now

Returns for LIC MF Large Cap Fund

Returns up to 1 year are on absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 29 Nov 22

DurationReturns
1 Month 2.8%
3 Month 5.1%
6 Month 11.9%
1 Year 2.8%
3 Year 13.2%
5 Year 10.8%
10 Year
15 Year
Since launch 10.5%
Historical performance (Yearly) on absolute basis
YearReturns
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%
2012 28.3%
Fund Manager information for LIC MF Large Cap Fund
NameSinceTenure
Yogesh Patil18 Sep 202.12 Yr.

Data below for LIC MF Large Cap Fund as on 31 Oct 22

Equity Sector Allocation
SectorValue
Financial Services38.39%
Technology12.79%
Consumer Defensive12.7%
Basic Materials7.85%
Consumer Cyclical7.01%
Energy6.55%
Health Care5.23%
Communication Services2.8%
Industrials2.36%
Utility0.42%
Asset Allocation
Asset ClassValue
Cash3.92%
Equity96.08%
Top Securities Holdings / Portfolio
NameHoldingValueQuantity
ICICI Bank Ltd (Financial Services)
Equity, Since 31 Jul 18 | ICICIBANK
9%₹59 Cr683,444
Infosys Ltd (Technology)
Equity, Since 31 Dec 09 | INFY
7%₹49 Cr346,984
↑ 19,265
HDFC Bank Ltd (Financial Services)
Equity, Since 30 Apr 09 | HDFCBANK
7%₹48 Cr336,490
↑ 14,319
Reliance Industries Ltd (Energy)
Equity, Since 30 Jun 18 | RELIANCE
6%₹38 Cr158,795
Tata Consultancy Services Ltd (Technology)
Equity, Since 31 Mar 18 | TCS
4%₹26 Cr86,998
Dabur India Ltd (Consumer Defensive)
Equity, Since 30 Jun 22 | 500096
3%₹22 Cr375,843
↑ 318,662
Axis Bank Ltd (Financial Services)
Equity, Since 31 Jan 21 | 532215
3%₹21 Cr282,868
Avenue Supermarts Ltd (Consumer Defensive)
Equity, Since 31 Jan 18 | 540376
3%₹19 Cr44,155
Kotak Mahindra Bank Ltd (Financial Services)
Equity, Since 29 Feb 16 | KOTAKBANK
3%₹19 Cr103,752
Titan Co Ltd (Consumer Cyclical)
Equity, Since 31 Dec 18 | TITAN
3%₹18 Cr70,180

6. LIC MF Tax Plan

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 CAGR/Annualized return of 10.5% since its launch.  Ranked 35 in ELSS category.  Return for 2021 was 26.2% , 2020 was 8.9% and 2019 was 11.9% .

Below is the key information for LIC MF Tax Plan

LIC MF Tax Plan
Growth
Launch Date 3 Feb 99
NAV (29 Nov 22) ₹100.89 ↓ -0.04   (-0.04 %)
Net Assets (Cr) ₹427 on 31 Oct 22
Category Equity - ELSS
AMC LIC Mutual Fund Asset Mgmt Co Ltd
Rating
Risk Moderately High
Expense Ratio 2.21
Sharpe Ratio -0.17
Information Ratio -0.92
Alpha Ratio -2.69
Min Investment 500
Min SIP Investment 500
Exit Load NIL
Sub Cat. ELSS

Growth of 10,000 investment over the years.

DateValue
31 Oct 17₹10,000
31 Oct 18₹9,835
31 Oct 19₹11,440
31 Oct 20₹10,800
31 Oct 21₹16,287
31 Oct 22₹16,437

LIC MF Tax Plan SIP Returns

   
My Monthly Investment:
Investment Tenure:
Years
Expected Annual Returns:
%
Total investment amount is ₹300,000
expected amount after 5 Years is ₹385,859.
Net Profit of ₹85,859
Invest Now

Returns for LIC MF Tax Plan

Returns up to 1 year are on absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 29 Nov 22

DurationReturns
1 Month 0.1%
3 Month 2.1%
6 Month 10.8%
1 Year 3%
3 Year 11.9%
5 Year 9.9%
10 Year
15 Year
Since launch 10.5%
Historical performance (Yearly) on absolute basis
YearReturns
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%
2012 26.3%
Fund Manager information for LIC MF Tax Plan
NameSinceTenure
Amit Nadekar6 Jun 220.4 Yr.

Data below for LIC MF Tax Plan as on 31 Oct 22

Equity Sector Allocation
SectorValue
Financial Services27.96%
Consumer Cyclical20.05%
Technology12.04%
Basic Materials10.11%
Consumer Defensive8.46%
Industrials7.17%
Health Care4.65%
Communication Services3.27%
Real Estate2.17%
Asset Allocation
Asset ClassValue
Cash3.58%
Equity96.42%
Top Securities Holdings / Portfolio
NameHoldingValueQuantity
ICICI Bank Ltd (Financial Services)
Equity, Since 31 Jul 18 | ICICIBANK
9%₹38 Cr444,674
Infosys Ltd (Technology)
Equity, Since 31 Oct 14 | INFY
7%₹28 Cr196,032
↓ -7,280
HDFC Bank Ltd (Financial Services)
Equity, Since 31 Oct 14 | HDFCBANK
6%₹24 Cr167,047
↓ -14,472
Bajaj Finance Ltd (Financial Services)
Equity, Since 30 Apr 18 | 500034
4%₹17 Cr22,606
Avenue Supermarts Ltd (Consumer Defensive)
Equity, Since 28 Feb 18 | 540376
4%₹16 Cr35,520
Tata Consultancy Services Ltd (Technology)
Equity, Since 31 Mar 18 | TCS
3%₹14 Cr46,150
↓ -3,389
Mahindra & Mahindra Ltd (Consumer Cyclical)
Equity, Since 31 Jul 20 | M&M
3%₹12 Cr97,107
↑ 21,184
Bharti Airtel Ltd (Communication Services)
Equity, Since 31 Dec 19 | BHARTIARTL
3%₹11 Cr140,167
Titan Co Ltd (Consumer Cyclical)
Equity, Since 30 Apr 20 | TITAN
2%₹10 Cr39,892
Aditya Birla Fashion and Retail Ltd (Consumer Cyclical)
Equity, Since 28 Feb 19 | ABFRL
2%₹10 Cr297,663
↑ 34,974

7. LIC MF Multi Cap Fund

(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 CAGR/Annualized return of 9.5% since its launch.  Ranked 61 in Multi Cap category.  Return for 2021 was 20.2% , 2020 was 10.4% and 2019 was 13.7% .

Below is the key information for LIC MF Multi Cap Fund

LIC MF Multi Cap Fund
Growth
Launch Date 15 Feb 99
NAV (29 Nov 22) ₹67.2781 ↓ -0.12   (-0.18 %)
Net Assets (Cr) ₹418 on 31 Oct 22
Category Equity - Multi Cap
AMC LIC Mutual Fund Asset Mgmt Co Ltd
Rating
Risk Moderately High
Expense Ratio 2.25
Sharpe Ratio -0.26
Information Ratio -1.25
Alpha Ratio -3.73
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.

DateValue
31 Oct 17₹10,000
31 Oct 18₹9,050
31 Oct 19₹10,558
31 Oct 20₹10,125
31 Oct 21₹14,322
31 Oct 22₹14,320

LIC MF Multi Cap Fund SIP Returns

   
My Monthly Investment:
Investment Tenure:
Years
Expected Annual Returns:
%
Total investment amount is ₹300,000
expected amount after 5 Years is ₹357,992.
Net Profit of ₹57,992
Invest Now

Returns for LIC MF Multi Cap Fund

Returns up to 1 year are on absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 29 Nov 22

DurationReturns
1 Month 0.7%
3 Month 3.1%
6 Month 10.4%
1 Year 2.5%
3 Year 10.3%
5 Year 7%
10 Year
15 Year
Since launch 9.5%
Historical performance (Yearly) on absolute basis
YearReturns
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%
2012 28.4%
Fund Manager information for LIC MF Multi Cap Fund
NameSinceTenure
Amit Nadekar6 Jun 220.41 Yr.

Data below for LIC MF Multi Cap Fund as on 31 Oct 22

Equity Sector Allocation
SectorValue
Financial Services28.67%
Consumer Cyclical21.66%
Industrials17.07%
Technology12.17%
Basic Materials7.99%
Consumer Defensive5.05%
Communication Services1.94%
Health Care1.06%
Real Estate0.36%
Asset Allocation
Asset ClassValue
Cash4.03%
Equity95.97%
Top Securities Holdings / Portfolio
NameHoldingValueQuantity
ICICI Bank Ltd (Financial Services)
Equity, Since 30 Jun 07 | ICICIBANK
8%₹33 Cr377,053
↓ -23,618
Infosys Ltd (Technology)
Equity, Since 31 Oct 18 | INFY
6%₹24 Cr169,633
↓ -14,783
HDFC Bank Ltd (Financial Services)
Equity, Since 31 May 18 | HDFCBANK
5%₹21 Cr145,070
↓ -28,492
Mahindra & Mahindra Ltd (Consumer Cyclical)
Equity, Since 30 Jun 22 | M&M
3%₹13 Cr98,805
↑ 37,417
Maruti Suzuki India Ltd (Consumer Cyclical)
Equity, Since 31 Oct 18 | MARUTI
3%₹11 Cr12,843
↑ 4,252
Transport Corp of India Ltd (Industrials)
Equity, Since 31 Oct 18 | TCI
3%₹11 Cr142,214
↓ -28,907
SBI Cards and Payment Services Ltd Ordinary Shares (Financial Services)
Equity, Since 30 Jun 22 | SBICARD
3%₹11 Cr118,108
↑ 28,677
KSB Ltd (Industrials)
Equity, Since 31 Mar 22 | KSB
2%₹10 Cr47,937
Tata Consultancy Services Ltd (Technology)
Equity, Since 30 Apr 18 | TCS
2%₹9 Cr30,477
↓ -6,900
Indian Hotels Co Ltd (Consumer Cyclical)
Equity, Since 31 Aug 22 | 500850
2%₹9 Cr273,172
↑ 85,879

8. LIC MF Childrens Fund

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 CAGR/Annualized return of 4.3% since its launch.  Return for 2021 was 15.5% , 2020 was 12.4% and 2019 was 13.2% .

Below is the key information for LIC MF Childrens Fund

LIC MF Childrens Fund
Growth
Launch Date 21 Nov 01
NAV (29 Nov 22) ₹24.5081 ↑ 0.11   (0.44 %)
Net Assets (Cr) ₹14 on 31 Oct 22
Category Solutions - Childrens Fund
AMC LIC Mutual Fund Asset Mgmt Co Ltd
Rating Not Rated
Risk Moderately High
Expense Ratio 2.18
Sharpe Ratio -0.25
Information Ratio -1.19
Alpha Ratio -2.69
Min Investment 5,000
Min SIP Investment 1,000
Exit Load NIL
Sub Cat. Childrens Fund

Growth of 10,000 investment over the years.

DateValue
31 Oct 17₹10,000
31 Oct 18₹8,901
31 Oct 19₹10,464
31 Oct 20₹10,383
31 Oct 21₹13,765
31 Oct 22₹13,821

LIC MF Childrens Fund SIP Returns

   
My Monthly Investment:
Investment Tenure:
Years
Expected Annual Returns:
%
Total investment amount is ₹300,000
expected amount after 5 Years is ₹357,992.
Net Profit of ₹57,992
Invest Now

Returns for LIC MF Childrens Fund

Returns up to 1 year are on absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 29 Nov 22

DurationReturns
1 Month 2.5%
3 Month 4.6%
6 Month 10.4%
1 Year 4.6%
3 Year 10.2%
5 Year 6.8%
10 Year
15 Year
Since launch 4.3%
Historical performance (Yearly) on absolute basis
YearReturns
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%
2012 19.8%
Fund Manager information for LIC MF Childrens Fund
NameSinceTenure
Sanjay Pawar1 Jan 220.83 Yr.
Karan Doshi7 Jan 211.81 Yr.

Data below for LIC MF Childrens Fund as on 31 Oct 22

Asset Allocation
Asset ClassValue
Cash9.82%
Equity86.36%
Debt3.82%
Top Securities Holdings / Portfolio
NameHoldingValueQuantity
ICICI Bank Ltd (Financial Services)
Equity, Since 31 May 18 | ICICIBANK
9%₹1 Cr13,774
↓ -1,245
6.84% Govt Stock 2022
Sovereign Bonds | -
8%₹1 Cr100,000
Infosys Ltd (Technology)
Equity, Since 31 May 18 | INFY
7%₹1 Cr6,313
HDFC Bank Ltd (Financial Services)
Equity, Since 30 Apr 18 | HDFCBANK
5%₹1 Cr4,981
↓ -642
7.38% Govt Stock 2027
Sovereign Bonds | -
4%₹1 Cr50,000
↑ 50,000
Tata Consultancy Services Ltd (Technology)
Equity, Since 30 Apr 18 | TCS
4%₹0 Cr1,653
State Bank of India (Financial Services)
Equity, Since 28 Feb 21 | SBIN
4%₹0 Cr9,110
Axis Bank Ltd (Financial Services)
Equity, Since 31 Aug 18 | 532215
3%₹0 Cr5,735
Hindustan Unilever Ltd (Consumer Defensive)
Equity, Since 31 Oct 18 | HINDUNILVR
2%₹0 Cr1,133
Container Corporation of India Ltd (Industrials)
Equity, Since 31 Oct 18 | 531344
2%₹0 Cr3,720

9. LIC MF Banking & Financial Services Fund

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 CAGR/Annualized return of 6.2% since its launch.  Return for 2021 was 9.8% , 2020 was -2.1% and 2019 was 19.9% .

Below is the key information for LIC MF Banking & Financial Services Fund

LIC MF Banking & Financial Services Fund
Growth
Launch Date 27 Mar 15
NAV (29 Nov 22) ₹15.8132 ↑ 0.03   (0.20 %)
Net Assets (Cr) ₹89 on 31 Oct 22
Category Equity - Sectoral
AMC LIC Mutual Fund Asset Mgmt Co Ltd
Rating Not Rated
Risk High
Expense Ratio 2.28
Sharpe Ratio 0.19
Information Ratio -0.22
Alpha Ratio 7.51
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.

DateValue
31 Oct 17₹10,000
31 Oct 18₹7,436
31 Oct 19₹9,063
31 Oct 20₹7,505
31 Oct 21₹11,448
31 Oct 22₹12,213

LIC MF Banking & Financial Services Fund SIP Returns

   
My Monthly Investment:
Investment Tenure:
Years
Expected Annual Returns:
%
Total investment amount is ₹300,000
expected amount after 5 Years is ₹340,450.
Net Profit of ₹40,450
Invest Now

Returns for LIC MF Banking & Financial Services Fund

Returns up to 1 year are on absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 29 Nov 22

DurationReturns
1 Month 3.2%
3 Month 9.3%
6 Month 24.7%
1 Year 17.4%
3 Year 9.4%
5 Year 4.3%
10 Year
15 Year
Since launch 6.2%
Historical performance (Yearly) on absolute basis
YearReturns
2021 9.8%
2020 -2.1%
2019 19.9%
2018 -18%
2017 32.7%
2016 10.5%
2015
2014
2013
2012
Fund Manager information for LIC MF Banking & Financial Services Fund
NameSinceTenure
Jaiprakash Toshniwal6 Sep 211.15 Yr.

Data below for LIC MF Banking & Financial Services Fund as on 31 Oct 22

Equity Sector Allocation
SectorValue
Financial Services91.73%
Health Care2.41%
Asset Allocation
Asset ClassValue
Cash4.94%
Equity95.06%
Top Securities Holdings / Portfolio
NameHoldingValueQuantity
ICICI Bank Ltd (Financial Services)
Equity, Since 30 Apr 15 | ICICIBANK
19%₹14 Cr159,999
↑ 11,420
HDFC Bank Ltd (Financial Services)
Equity, Since 30 Apr 15 | HDFCBANK
13%₹10 Cr68,294
↑ 1,440
State Bank of India (Financial Services)
Equity, Since 31 Mar 20 | SBIN
9%₹7 Cr123,678
↑ 9,126
Axis Bank Ltd (Financial Services)
Equity, Since 30 Apr 15 | 532215
9%₹6 Cr85,361
↑ 4,505
Housing Development Finance Corp Ltd (Financial Services)
Equity, Since 31 Mar 18 | HDFC
6%₹4 Cr19,408
↑ 409
Karur Vysya Bank Ltd (Financial Services)
Equity, Since 30 Nov 21 | 590003
6%₹4 Cr498,142
↑ 10,505
SBI Cards and Payment Services Ltd Ordinary Shares (Financial Services)
Equity, Since 31 Oct 21 | SBICARD
4%₹3 Cr33,607
↑ 6,363
Sundaram Finance Ltd (Financial Services)
Equity, Since 30 Sep 21 | SUNDARMFIN
4%₹3 Cr12,785
↑ 269
MAS Financial Services Ltd Ordinary Shares (Financial Services)
Equity, Since 31 Mar 22 | MASFIN
4%₹3 Cr36,365
↑ 766
CSB Bank Ltd Ordinary Shares (Financial Services)
Equity, Since 31 Aug 22 | CSBBANK
3%₹3 Cr112,909
↑ 10,736

10. LIC MF Equity Hybrid Fund

(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 CAGR/Annualized return of 8.2% since its launch.  Ranked 27 in Hybrid Equity category.  Return for 2021 was 15.5% , 2020 was 9.6% and 2019 was 13.5% .

Below is the key information for LIC MF Equity Hybrid Fund

LIC MF Equity Hybrid Fund
Growth
Launch Date 3 Feb 99
NAV (29 Nov 22) ₹139.759 ↑ 0.46   (0.33 %)
Net Assets (Cr) ₹427 on 31 Oct 22
Category Hybrid - Hybrid Equity
AMC LIC Mutual Fund Asset Mgmt Co Ltd
Rating
Risk Moderately High
Expense Ratio 2.28
Sharpe Ratio -0.42
Information Ratio -1.43
Alpha Ratio -4.14
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.

DateValue
31 Oct 17₹10,000
31 Oct 18₹9,383
31 Oct 19₹10,940
31 Oct 20₹10,714
31 Oct 21₹14,104
31 Oct 22₹14,002

LIC MF Equity Hybrid Fund SIP Returns

   
My Monthly Investment:
Investment Tenure:
Years
Expected Annual Returns:
%
Total investment amount is ₹300,000
expected amount after 5 Years is ₹357,992.
Net Profit of ₹57,992
Invest Now

Returns for LIC MF Equity Hybrid Fund

Returns up to 1 year are on absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 29 Nov 22

DurationReturns
1 Month 2%
3 Month 4.1%
6 Month 9.3%
1 Year 2.7%
3 Year 8.7%
5 Year 6.9%
10 Year
15 Year
Since launch 8.2%
Historical performance (Yearly) on absolute basis
YearReturns
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%
2012 24.3%
Fund Manager information for LIC MF Equity Hybrid Fund
NameSinceTenure
Sanjay Pawar1 Jan 220.83 Yr.
Karan Doshi6 Sep 211.15 Yr.

Data below for LIC MF Equity Hybrid Fund as on 31 Oct 22

Asset Allocation
Asset ClassValue
Cash7.5%
Equity75.87%
Debt16.64%
Equity Sector Allocation
SectorValue
Financial Services30.15%
Technology12.3%
Consumer Cyclical8.93%
Basic Materials6.2%
Consumer Defensive4.86%
Health Care4.76%
Industrials4.02%
Communication Services2.37%
Energy1.32%
Real Estate0.95%
Debt Sector Allocation
SectorValue
Government16.64%
Cash Equivalent6.38%
Corporate1.11%
Credit Quality
RatingValue
AAA100%
Top Securities Holdings / Portfolio
NameHoldingValueQuantity
7.38% Govt Stock 2027
Sovereign Bonds | -
10%₹43 Cr4,200,000
↑ 1,200,000
ICICI Bank Ltd (Financial Services)
Equity, Since 30 Sep 12 | ICICIBANK
9%₹37 Cr429,518
↓ -48,954
HDFC Bank Ltd (Financial Services)
Equity, Since 30 Apr 18 | HDFCBANK
6%₹26 Cr180,387
Infosys Ltd (Technology)
Equity, Since 31 May 18 | INFY
6%₹25 Cr177,826
Tata Consultancy Services Ltd (Technology)
Equity, Since 30 Apr 18 | TCS
4%₹16 Cr51,706
5.74% Govt Stock 2026
Sovereign Bonds | -
3%₹15 Cr1,500,000
6.84% Govt Stock 2022
Sovereign Bonds | -
3%₹14 Cr1,400,000
State Bank of India (Financial Services)
Equity, Since 30 Jun 21 | SBIN
3%₹11 Cr215,120
Axis Bank Ltd (Financial Services)
Equity, Since 31 May 21 | 532215
3%₹11 Cr146,445
↑ 11,227
Hindustan Unilever Ltd (Consumer Defensive)
Equity, Since 31 Oct 18 | HINDUNILVR
2%₹10 Cr37,763

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.

Ready to Invest?
Talk to our investment specialist
Disclaimer:
By submitting this form I authorize Fincash.com to call/SMS/email me about its products and I accept the terms of Privacy Policy and Terms & Conditions.

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.

Disclaimer:
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.
How helpful was this page ?
Rated 5, based on 3 reviews.
POST A COMMENT