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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 ₹39.393
↑ 0.04 ₹225 5,000 1,000 10.3 27.9 67.3 33.2 22.3 8.9 44.4 LIC MF Large and Midcap Fund Growth ₹31.9491
↑ 0.13 ₹2,551 5,000 1,000 3.2 16.4 38.8 18.6 16.6 13.5 26.7 LIC MF Tax Plan Growth ₹127.573
↑ 0.95 ₹1,022 500 500 3.5 11.2 30.7 16.8 13.9 11 26.3 LIC MF Banking & Financial Services Fund Growth ₹18.4037
↑ 0.15 ₹290 5,000 1,000 -0.1 5.3 20.9 16 10.6 7 20.5 LIC MF Multi Cap Fund Growth ₹86.7913
↑ 0.25 ₹942 5,000 1,000 2.6 11.5 33.9 15.6 13.3 10 28.8 LIC MF Index Fund Nifty Growth ₹121.804
↑ 0.83 ₹296 5,000 1,000 2.3 12.6 25.6 15.6 13.6 12.9 19.8 LIC MF Index Fund Sensex Growth ₹136.185
↑ 1.11 ₹78 5,000 1,000 1.8 11.2 23 15.3 13.5 13.5 19 LIC MF Large Cap Fund Growth ₹48.829
↑ 0.33 ₹1,395 5,000 1,000 3.6 13.8 25.3 13.8 13.1 10.6 16.9 LIC MF Childrens Fund Growth ₹29.5027
↑ 0.15 ₹15 5,000 1,000 1.6 9.3 27.6 12.7 11.5 4.9 22.1 LIC MF Equity Hybrid Fund Growth ₹170.183
↑ 0.35 ₹503 5,000 1,000 3.3 12.9 26.4 12.2 10.9 8.6 19.3 Note: Returns up to 1 year are on absolute basis & more than 1 year are on CAGR basis. as on 19 Apr 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 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 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 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 (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 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 8.9% 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 (19 Apr 24) ₹39.393 ↑ 0.04 (0.10 %) Net Assets (Cr) ₹225 on 31 Mar 24 Category Equity - Sectoral AMC LIC Mutual Fund Asset Mgmt Co Ltd Rating Risk High Expense Ratio 2.29 Sharpe Ratio 4.18 Information Ratio 0.18 Alpha Ratio 17.8 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 31 Mar 19 ₹10,000 31 Mar 20 ₹7,143 31 Mar 21 ₹12,063 31 Mar 22 ₹15,852 31 Mar 23 ₹16,273 31 Mar 24 ₹26,300 Returns for LIC MF Infrastructure Fund
absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 19 Apr 24 Duration Returns 1 Month 11.7% 3 Month 10.3% 6 Month 27.9% 1 Year 67.3% 3 Year 33.2% 5 Year 22.3% 10 Year 15 Year Since launch 8.9% 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 3.53 Yr. Data below for LIC MF Infrastructure Fund as on 31 Mar 24
Equity Sector Allocation
Sector Value Industrials 57.27% Consumer Cyclical 10.98% Basic Materials 9.73% Utility 5.16% Financial Services 4.87% Technology 4.75% Communication Services 1.09% Real Estate 0.32% Asset Allocation
Asset Class Value Cash 5.83% Equity 94.17% Top Securities Holdings / Portfolio
Name Holding Value Quantity Bharat Bijlee Ltd (Industrials)
Equity, Since 31 Jul 22 | BBL5% ₹10 Cr 16,830 GE T&D India Ltd (Industrials)
Equity, Since 31 Jan 24 | 5222754% ₹8 Cr 85,696
↑ 25,139 Schneider Electric Infrastructure Ltd (Industrials)
Equity, Since 31 Dec 23 | SCHNEIDER4% ₹8 Cr 122,327
↑ 60,232 Transport Corp of India Ltd (Industrials)
Equity, Since 30 Sep 20 | TCI4% ₹8 Cr 92,872
↑ 8,382 REC Ltd (Financial Services)
Equity, Since 31 Jul 23 | 5329554% ₹7 Cr 165,626 Texmaco Rail & Engineering Ltd (Industrials)
Equity, Since 30 Nov 23 | 5333264% ₹7 Cr 380,837
↑ 45,151 KSB Ltd (Industrials)
Equity, Since 31 May 21 | KSB3% ₹7 Cr 18,961
↑ 1,049 Garware Hi-Tech Films Ltd (Basic Materials)
Equity, Since 31 Aug 23 | 5006553% ₹7 Cr 35,070
↑ 6,551 Kennametal India Ltd (Industrials)
Equity, Since 30 Sep 22 | 5058903% ₹6 Cr 27,872 TD Power Systems Ltd (Industrials)
Equity, Since 30 Apr 23 | TDPOWERSYS3% ₹6 Cr 216,269
↑ 12,384 2. LIC MF Large and Midcap Fund
CAGR/Annualized return of 13.5% 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 (19 Apr 24) ₹31.9491 ↑ 0.13 (0.39 %) Net Assets (Cr) ₹2,551 on 31 Mar 24 Category Equity - Large & Mid Cap AMC LIC Mutual Fund Asset Mgmt Co Ltd Rating Risk High Expense Ratio 1.95 Sharpe Ratio 2.58 Information Ratio -1.18 Alpha Ratio -2.66 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 31 Mar 19 ₹10,000 31 Mar 20 ₹8,170 31 Mar 21 ₹13,096 31 Mar 22 ₹16,426 31 Mar 23 ₹15,351 31 Mar 24 ₹21,183 Returns for LIC MF Large and Midcap Fund
absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 19 Apr 24 Duration Returns 1 Month 5.5% 3 Month 3.2% 6 Month 16.4% 1 Year 38.8% 3 Year 18.6% 5 Year 16.6% 10 Year 15 Year Since launch 13.5% 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 3.53 Yr. Dikshit Mittal 1 Jun 23 0.83 Yr. Data below for LIC MF Large and Midcap Fund as on 31 Mar 24
Equity Sector Allocation
Sector Value Financial Services 30.67% Consumer Cyclical 22.69% Industrials 15.7% Basic Materials 11.4% Technology 6.85% Health Care 3.59% Consumer Defensive 2.66% Energy 2.47% Utility 0.55% Asset Allocation
Asset Class Value Cash 3.43% Equity 96.57% Top Securities Holdings / Portfolio
Name Holding Value Quantity ICICI Bank Ltd (Financial Services)
Equity, Since 31 Aug 18 | ICICIBANK5% ₹121 Cr 1,146,090
↓ -24,395 HDFC Bank Ltd (Financial Services)
Equity, Since 30 Apr 18 | HDFCBANK5% ₹120 Cr 852,407 REC Ltd (Financial Services)
Equity, Since 31 Aug 23 | 5329553% ₹77 Cr 1,749,963
↓ -94,568 Power Finance Corp Ltd (Financial Services)
Equity, Since 30 Jun 23 | 5328102% ₹63 Cr 1,575,264
↓ -106,713 Trent Ltd (Consumer Cyclical)
Equity, Since 31 Mar 20 | 5002512% ₹63 Cr 162,102
↓ -10,144 Reliance Industries Ltd (Energy)
Equity, Since 30 Jun 20 | RELIANCE2% ₹63 Cr 215,328 Indian Hotels Co Ltd (Consumer Cyclical)
Equity, Since 30 Sep 19 | 5008502% ₹55 Cr 938,700 Infosys Ltd (Technology)
Equity, Since 31 Jan 19 | INFY2% ₹52 Cr 313,180 Shriram Finance Ltd (Financial Services)
Equity, Since 31 May 23 | SHRIRAMFIN2% ₹51 Cr 207,557 Tata Consultancy Services Ltd (Technology)
Equity, Since 31 Mar 18 | TCS2% ₹48 Cr 116,363 3. LIC MF Tax Plan
CAGR/Annualized return of 11% 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 (19 Apr 24) ₹127.573 ↑ 0.95 (0.75 %) Net Assets (Cr) ₹1,022 on 31 Mar 24 Category Equity - ELSS AMC LIC Mutual Fund Asset Mgmt Co Ltd Rating ☆ Risk Moderately High Expense Ratio 2.24 Sharpe Ratio 2.22 Information Ratio -0.57 Alpha Ratio 0.9 Min Investment 500 Min SIP Investment 500 Exit Load NIL Sub Cat. ELSS Growth of 10,000 investment over the years.
Date Value 31 Mar 19 ₹10,000 31 Mar 20 ₹8,047 31 Mar 21 ₹12,312 31 Mar 22 ₹14,977 31 Mar 23 ₹14,552 31 Mar 24 ₹19,235 Returns for LIC MF Tax Plan
absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 19 Apr 24 Duration Returns 1 Month 4.3% 3 Month 3.5% 6 Month 11.2% 1 Year 30.7% 3 Year 16.8% 5 Year 13.9% 10 Year 15 Year Since launch 11% 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 Karan Doshi 31 Jul 23 0.67 Yr. Dikshit Mittal 31 Jul 23 0.67 Yr. Data below for LIC MF Tax Plan as on 31 Mar 24
Equity Sector Allocation
Sector Value Financial Services 30.47% Consumer Cyclical 20.99% Industrials 12.92% Technology 10.18% Basic Materials 9.93% Consumer Defensive 8.83% Health Care 2.33% Energy 2.25% Asset Allocation
Asset Class Value Cash 2.11% Equity 97.89% Top Securities Holdings / Portfolio
Name Holding Value Quantity ICICI Bank Ltd (Financial Services)
Equity, Since 31 Jul 18 | ICICIBANK7% ₹72 Cr 688,010
↓ -24,329 HDFC Bank Ltd (Financial Services)
Equity, Since 31 Oct 14 | HDFCBANK6% ₹65 Cr 462,949 State Bank of India (Financial Services)
Equity, Since 31 May 23 | SBIN4% ₹37 Cr 492,702
↓ -33,332 Infosys Ltd (Technology)
Equity, Since 31 Oct 14 | INFY3% ₹35 Cr 207,379 Trent Ltd (Consumer Cyclical)
Equity, Since 31 Mar 20 | 5002513% ₹33 Cr 84,106 Axis Bank Ltd (Financial Services)
Equity, Since 30 Jun 21 | 5322153% ₹30 Cr 277,288 Cholamandalam Investment and Finance Co Ltd (Financial Services)
Equity, Since 30 Jun 22 | CHOLAFIN3% ₹27 Cr 247,804 PI Industries Ltd (Basic Materials)
Equity, Since 31 Jan 23 | PIIND2% ₹24 Cr 66,197 Larsen & Toubro Ltd (Industrials)
Equity, Since 31 Jul 23 | LT2% ₹24 Cr 69,655 Titan Co Ltd (Consumer Cyclical)
Equity, Since 30 Apr 20 | TITAN2% ₹24 Cr 65,475 4. LIC MF Banking & Financial Services Fund
CAGR/Annualized return of 7% 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 (19 Apr 24) ₹18.4037 ↑ 0.15 (0.82 %) Net Assets (Cr) ₹290 on 31 Mar 24 Category Equity - Sectoral AMC LIC Mutual Fund Asset Mgmt Co Ltd Rating Risk High Expense Ratio 2.29 Sharpe Ratio 1.02 Information Ratio 0.4 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. Sectoral Growth of 10,000 investment over the years.
Date Value 31 Mar 19 ₹10,000 31 Mar 20 ₹7,009 31 Mar 21 ₹11,104 31 Mar 22 ₹11,948 31 Mar 23 ₹13,461 31 Mar 24 ₹16,207 Returns for LIC MF Banking & Financial Services Fund
absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 19 Apr 24 Duration Returns 1 Month 4.1% 3 Month -0.1% 6 Month 5.3% 1 Year 20.9% 3 Year 16% 5 Year 10.6% 10 Year 15 Year Since launch 7% 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 2.57 Yr. Data below for LIC MF Banking & Financial Services Fund as on 31 Mar 24
Equity Sector Allocation
Sector Value Financial Services 95.61% Asset Allocation
Asset Class Value Cash 4.39% Equity 95.61% Top Securities Holdings / Portfolio
Name Holding Value Quantity HDFC Bank Ltd (Financial Services)
Equity, Since 30 Apr 15 | HDFCBANK21% ₹61 Cr 431,629 ICICI Bank Ltd (Financial Services)
Equity, Since 30 Apr 15 | ICICIBANK14% ₹41 Cr 394,288
↓ -83,300 State Bank of India (Financial Services)
Equity, Since 31 Mar 20 | SBIN8% ₹22 Cr 296,539
↓ -166,173 Axis Bank Ltd (Financial Services)
Equity, Since 30 Apr 15 | 5322157% ₹22 Cr 204,142 The Federal Bank Ltd (Financial Services)
Equity, Since 31 Jul 20 | FEDERALBNK4% ₹13 Cr 831,927 CreditAccess Grameen Ltd Ordinary Shares (Financial Services)
Equity, Since 30 Sep 22 | CREDITACC4% ₹11 Cr 72,320 DCB Bank Ltd (Financial Services)
Equity, Since 30 Nov 22 | 5327723% ₹10 Cr 780,100 Piramal Enterprises Ltd (Financial Services)
Equity, Since 31 Oct 21 | 5003023% ₹10 Cr 107,161 IIFL Finance Ltd (Financial Services)
Equity, Since 31 Jan 24 | 5326363% ₹9 Cr 148,991
↑ 101,193 L&T Finance Holdings Ltd (Financial Services)
Equity, Since 31 Mar 23 | L&TFH3% ₹9 Cr 517,534
↓ -118,953 5. LIC MF Multi Cap Fund
CAGR/Annualized return of 10% 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 (19 Apr 24) ₹86.7913 ↑ 0.25 (0.28 %) Net Assets (Cr) ₹942 on 31 Mar 24 Category Equity - Multi Cap AMC LIC Mutual Fund Asset Mgmt Co Ltd Rating ☆☆ Risk Moderately High Expense Ratio 2.26 Sharpe Ratio 2.46 Information Ratio -1.11 Alpha Ratio 0.16 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 31 Mar 19 ₹10,000 31 Mar 20 ₹8,405 31 Mar 21 ₹12,359 31 Mar 22 ₹13,959 31 Mar 23 ₹13,761 31 Mar 24 ₹18,484 Returns for LIC MF Multi Cap Fund
absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 19 Apr 24 Duration Returns 1 Month 4.2% 3 Month 2.6% 6 Month 11.5% 1 Year 33.9% 3 Year 15.6% 5 Year 13.3% 10 Year 15 Year Since launch 10% 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 Jaiprakash Toshniwal 31 Jul 23 0.67 Yr. Data below for LIC MF Multi Cap Fund as on 31 Mar 24
Equity Sector Allocation
Sector Value Financial Services 36.9% Consumer Cyclical 14.08% Consumer Defensive 12.29% Industrials 9.33% Technology 9.2% Basic Materials 6.15% Health Care 5.63% Communication Services 0.75% Energy 0.42% Asset Allocation
Asset Class Value Cash 5.24% Equity 94.75% Debt 0% Top Securities Holdings / Portfolio
Name Holding Value Quantity HDFC Bank Ltd (Financial Services)
Equity, Since 31 May 18 | HDFCBANK7% ₹69 Cr 489,903 State Bank of India (Financial Services)
Equity, Since 31 Jul 23 | SBIN5% ₹48 Cr 641,924
↓ -180,762 ICICI Bank Ltd (Financial Services)
Equity, Since 30 Jun 07 | ICICIBANK5% ₹44 Cr 421,843
↓ -313,151 Hindustan Unilever Ltd (Consumer Defensive)
Equity, Since 28 Feb 23 | HINDUNILVR4% ₹39 Cr 162,187 Samvardhana Motherson International Ltd (Consumer Cyclical)
Equity, Since 31 Jul 23 | MOTHERSON3% ₹30 Cr 2,557,718 Oracle Financial Services Software Ltd (Technology)
Equity, Since 30 Nov 23 | OFSS3% ₹28 Cr 36,603
↓ -5,188 Bajaj Finance Ltd (Financial Services)
Equity, Since 31 Aug 22 | 5000343% ₹28 Cr 42,822 Piramal Pharma Ltd (Healthcare)
Equity, Since 30 Sep 23 | PPLPHARMA3% ₹28 Cr 2,095,954
↑ 400,369 Kotak Mahindra Bank Ltd (Financial Services)
Equity, Since 31 Jan 24 | KOTAKBANK3% ₹27 Cr 159,855
↑ 108,775 EIH Ltd (Consumer Cyclical)
Equity, Since 31 Dec 23 | 5008403% ₹27 Cr 660,902 6. LIC MF Index Fund Nifty
CAGR/Annualized return of 12.9% 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 (19 Apr 24) ₹121.804 ↑ 0.83 (0.68 %) Net Assets (Cr) ₹296 on 31 Mar 24 Category Others - Index Fund AMC LIC Mutual Fund Asset Mgmt Co Ltd Rating ☆ Risk Moderately High Expense Ratio 0.94 Sharpe Ratio 1.8 Information Ratio -10.87 Alpha Ratio -1.25 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 31 Mar 19 ₹10,000 31 Mar 20 ₹7,445 31 Mar 21 ₹12,648 31 Mar 22 ₹15,029 31 Mar 23 ₹14,979 31 Mar 24 ₹19,244 Returns for LIC MF Index Fund Nifty
absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 19 Apr 24 Duration Returns 1 Month 1.4% 3 Month 2.3% 6 Month 12.6% 1 Year 25.6% 3 Year 15.6% 5 Year 13.6% 10 Year 15 Year Since launch 12.9% 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 0.49 Yr. Data below for LIC MF Index Fund Nifty as on 31 Mar 24
Asset Allocation
Asset Class Value Cash 0.13% Equity 99.87% Top Securities Holdings / Portfolio
Name Holding Value Quantity HDFC Bank Ltd (Financial Services)
Equity, Since 30 Apr 09 | HDFCBANK11% ₹31 Cr 218,011
↓ -1,331 Reliance Industries Ltd (Energy)
Equity, Since 31 Mar 12 | RELIANCE10% ₹29 Cr 98,104
↓ -883 ICICI Bank Ltd (Financial Services)
Equity, Since 30 Apr 09 | ICICIBANK8% ₹21 Cr 203,168
↓ -2,181 Infosys Ltd (Technology)
Equity, Since 31 Jan 03 | INFY6% ₹17 Cr 104,025
↑ 06 Tata Consultancy Services Ltd (Technology)
Equity, Since 31 Mar 05 | TCS4% ₹12 Cr 29,346
↓ -297 Larsen & Toubro Ltd (Industrials)
Equity, Since 30 Apr 09 | LT4% ₹12 Cr 34,244
↓ -198 ITC Ltd (Consumer Defensive)
Equity, Since 31 Jan 03 | ITC4% ₹10 Cr 257,478
↓ -969 Axis Bank Ltd (Financial Services)
Equity, Since 31 Mar 09 | 5322153% ₹9 Cr 80,922
↓ -542 State Bank of India (Financial Services)
Equity, Since 30 Apr 09 | SBIN3% ₹8 Cr 110,934
↓ -1,078 Bharti Airtel Ltd (Communication Services)
Equity, Since 30 Apr 09 | BHARTIARTL3% ₹8 Cr 73,221
↓ -750 7. LIC MF Index Fund Sensex
CAGR/Annualized return of 13.5% 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 (19 Apr 24) ₹136.185 ↑ 1.11 (0.82 %) Net Assets (Cr) ₹78 on 31 Mar 24 Category Others - Index Fund AMC LIC Mutual Fund Asset Mgmt Co Ltd Rating ☆ Risk Moderately High Expense Ratio 0.99 Sharpe Ratio 1.57 Information Ratio -8.13 Alpha Ratio -1.08 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 31 Mar 19 ₹10,000 31 Mar 20 ₹7,691 31 Mar 21 ₹12,859 31 Mar 22 ₹15,197 31 Mar 23 ₹15,350 31 Mar 24 ₹19,212 Returns for LIC MF Index Fund Sensex
absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 19 Apr 24 Duration Returns 1 Month 1.4% 3 Month 1.8% 6 Month 11.2% 1 Year 23% 3 Year 15.3% 5 Year 13.5% 10 Year 15 Year Since launch 13.5% 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 0.49 Yr. Data below for LIC MF Index Fund Sensex as on 31 Mar 24
Asset Allocation
Asset Class Value Cash 0.11% Equity 99.89% Top Securities Holdings / Portfolio
Name Holding Value Quantity HDFC Bank Ltd (Financial Services)
Equity, Since 31 Mar 09 | HDFCBANK13% ₹10 Cr 72,652
↓ -2,149 Reliance Industries Ltd (Energy)
Equity, Since 31 Mar 09 | RELIANCE12% ₹10 Cr 33,027
↓ -1,002 ICICI Bank Ltd (Financial Services)
Equity, Since 30 Apr 09 | 5321749% ₹7 Cr 67,279
↓ -1,940 Infosys Ltd (Technology)
Equity, Since 31 Mar 09 | INFY7% ₹6 Cr 34,299
↓ -860 Tata Consultancy Services Ltd (Technology)
Equity, Since 31 Mar 09 | TCS5% ₹4 Cr 9,915
↓ -223 Larsen & Toubro Ltd (Industrials)
Equity, Since 31 Mar 09 | LT5% ₹4 Cr 11,610
↓ -348 ITC Ltd (Consumer Defensive)
Equity, Since 30 Sep 11 | ITC4% ₹3 Cr 85,069
↓ -1,863 Axis Bank Ltd (Financial Services)
Equity, Since 31 Dec 13 | 5322154% ₹3 Cr 26,975
↓ -1,080 State Bank of India (Financial Services)
Equity, Since 31 Mar 09 | SBIN3% ₹3 Cr 36,970
↓ -721 Bharti Airtel Ltd (Communication Services)
Equity, Since 30 Apr 09 | BHARTIARTL3% ₹3 Cr 24,238
↓ -692 8. LIC MF Large Cap Fund
CAGR/Annualized return of 10.6% 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 (19 Apr 24) ₹48.829 ↑ 0.33 (0.68 %) Net Assets (Cr) ₹1,395 on 31 Mar 24 Category Equity - Large Cap AMC LIC Mutual Fund Asset Mgmt Co Ltd Rating ☆☆ Risk Moderately High Expense Ratio 2.21 Sharpe Ratio 1.76 Information Ratio -1.41 Alpha Ratio -4.18 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 31 Mar 19 ₹10,000 31 Mar 20 ₹8,618 31 Mar 21 ₹12,931 31 Mar 22 ₹15,479 31 Mar 23 ₹14,754 31 Mar 24 ₹18,699 Returns for LIC MF Large Cap Fund
absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 19 Apr 24 Duration Returns 1 Month 2.9% 3 Month 3.6% 6 Month 13.8% 1 Year 25.3% 3 Year 13.8% 5 Year 13.1% 10 Year 15 Year Since launch 10.6% 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 Yogesh Patil 18 Sep 20 3.53 Yr. Sumit Bhatnagar 3 Oct 23 0.49 Yr. Data below for LIC MF Large Cap Fund as on 31 Mar 24
Equity Sector Allocation
Sector Value Financial Services 32.4% Consumer Defensive 10.39% Energy 9.79% Consumer Cyclical 9.77% Technology 9.58% Industrials 8.15% Basic Materials 6.88% Health Care 3.77% Utility 2.89% Communication Services 2.44% Asset Allocation
Asset Class Value Cash 3.94% Equity 96.06% Top Securities Holdings / Portfolio
Name Holding Value Quantity HDFC Bank Ltd (Financial Services)
Equity, Since 30 Apr 09 | HDFCBANK8% ₹116 Cr 823,179
↑ 19,291 Reliance Industries Ltd (Energy)
Equity, Since 30 Jun 18 | RELIANCE8% ₹110 Cr 376,746 ICICI Bank Ltd (Financial Services)
Equity, Since 31 Jul 18 | ICICIBANK8% ₹104 Cr 988,065
↓ -99,956 Larsen & Toubro Ltd (Industrials)
Equity, Since 31 Oct 07 | LT5% ₹66 Cr 190,794
↑ 18,336 Infosys Ltd (Technology)
Equity, Since 31 Dec 09 | INFY4% ₹54 Cr 322,106
↓ -12,398 ITC Ltd (Consumer Defensive)
Equity, Since 31 May 23 | ITC4% ₹51 Cr 1,249,098 Axis Bank Ltd (Financial Services)
Equity, Since 31 Jan 21 | 5322153% ₹44 Cr 411,718
↓ -32,054 State Bank of India (Financial Services)
Equity, Since 28 Feb 21 | SBIN3% ₹39 Cr 525,153
↓ -130,215 Tata Consultancy Services Ltd (Technology)
Equity, Since 31 Mar 18 | TCS3% ₹37 Cr 90,915
↓ -8,536 Kotak Mahindra Bank Ltd (Financial Services)
Equity, Since 29 Feb 16 | KOTAKBANK3% ₹35 Cr 206,793 9. LIC MF Childrens Fund
CAGR/Annualized return of 4.9% 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 (19 Apr 24) ₹29.5027 ↑ 0.15 (0.52 %) Net Assets (Cr) ₹15 on 31 Mar 24 Category Solutions - Childrens Fund AMC LIC Mutual Fund Asset Mgmt Co Ltd Rating Risk Moderately High Expense Ratio 2.26 Sharpe Ratio 2.42 Information Ratio -0.65 Alpha Ratio 1.9 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 31 Mar 19 ₹10,000 31 Mar 20 ₹8,561 31 Mar 21 ₹12,371 31 Mar 22 ₹13,816 31 Mar 23 ₹13,444 31 Mar 24 ₹17,258 Returns for LIC MF Childrens Fund
absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 19 Apr 24 Duration Returns 1 Month 2.5% 3 Month 1.6% 6 Month 9.3% 1 Year 27.6% 3 Year 12.7% 5 Year 11.5% 10 Year 15 Year Since launch 4.9% 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 Karan Doshi 7 Jan 21 3.23 Yr. Pratik Shroff 26 Sep 23 0.51 Yr. Data below for LIC MF Childrens Fund as on 31 Mar 24
Asset Allocation
Asset Class Value Cash 4.81% Equity 85.25% Debt 9.94% Top Securities Holdings / Portfolio
Name Holding Value Quantity 7.38% Govt Stock 2027
Sovereign Bonds | -10% ₹2 Cr 150,000 ICICI Bank Ltd (Financial Services)
Equity, Since 31 May 18 | ICICIBANK7% ₹1 Cr 9,975 HDFC Bank Ltd (Financial Services)
Equity, Since 30 Apr 18 | HDFCBANK6% ₹1 Cr 6,340 Infosys Ltd (Technology)
Equity, Since 31 May 18 | INFY4% ₹1 Cr 4,042 Reliance Industries Ltd (Energy)
Equity, Since 30 Apr 18 | RELIANCE4% ₹1 Cr 2,062 State Bank of India (Financial Services)
Equity, Since 28 Feb 21 | SBIN3% ₹0 Cr 6,141 Trent Ltd (Consumer Cyclical)
Equity, Since 31 May 22 | 5002513% ₹0 Cr 1,173 Larsen & Toubro Ltd (Industrials)
Equity, Since 30 Jun 21 | LT3% ₹0 Cr 1,302 Axis Bank Ltd (Financial Services)
Equity, Since 31 Aug 18 | 5322153% ₹0 Cr 4,154 Pitti Engineering Ltd (Industrials)
Equity, Since 31 Aug 22 | PITTIENG3% ₹0 Cr 5,390 10. LIC MF Equity Hybrid Fund
CAGR/Annualized return of 8.6% 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 (19 Apr 24) ₹170.183 ↑ 0.35 (0.21 %) Net Assets (Cr) ₹503 on 31 Mar 24 Category Hybrid - Hybrid Equity AMC LIC Mutual Fund Asset Mgmt Co Ltd Rating ☆☆ Risk Moderately High Expense Ratio 2.3 Sharpe Ratio 2.55 Information Ratio -0.9 Alpha Ratio 1.25 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 31 Mar 19 ₹10,000 31 Mar 20 ₹8,862 31 Mar 21 ₹12,180 31 Mar 22 ₹13,368 31 Mar 23 ₹13,216 31 Mar 24 ₹16,782 Returns for LIC MF Equity Hybrid Fund
absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 19 Apr 24 Duration Returns 1 Month 3.4% 3 Month 3.3% 6 Month 12.9% 1 Year 26.4% 3 Year 12.2% 5 Year 10.9% 10 Year 15 Year Since launch 8.6% 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 Karan Doshi 6 Sep 21 2.57 Yr. Pratik Shroff 26 Sep 23 0.51 Yr. Data below for LIC MF Equity Hybrid Fund as on 31 Mar 24
Asset Allocation
Asset Class Value Cash 5.4% Equity 74.76% Debt 19.84% Equity Sector Allocation
Sector Value Financial Services 20.13% Consumer Cyclical 13.88% Industrials 13.39% Technology 6.22% Consumer Defensive 5.87% Health Care 3.98% Energy 3.94% Basic Materials 3.08% Utility 1.91% Communication Services 1.47% Real Estate 0.9% Debt Sector Allocation
Sector Value Government 17.79% Cash Equivalent 5.4% Corporate 2.05% Credit Quality
Rating Value AAA 100% Top Securities Holdings / Portfolio
Name Holding Value Quantity HDFC Bank Ltd (Financial Services)
Equity, Since 30 Apr 18 | HDFCBANK5% ₹27 Cr 189,056 ICICI Bank Ltd (Financial Services)
Equity, Since 30 Sep 12 | ICICIBANK5% ₹26 Cr 244,655 Reliance Industries Ltd (Energy)
Equity, Since 30 Apr 22 | RELIANCE4% ₹18 Cr 62,030 Infosys Ltd (Technology)
Equity, Since 31 May 18 | INFY3% ₹18 Cr 105,882 6.1% Govt Stock 2031
Sovereign Bonds | -3% ₹14 Cr 1,500,000 Trent Ltd (Consumer Cyclical)
Equity, Since 30 Jun 22 | 5002513% ₹13 Cr 34,079 ITC Ltd (Consumer Defensive)
Equity, Since 30 Nov 22 | ITC2% ₹12 Cr 292,074 Zomato Ltd (Consumer Cyclical)
Equity, Since 30 Sep 23 | 5433202% ₹11 Cr 658,966 07.76 MH Sgs 2030
Sovereign Bonds | -2% ₹11 Cr 1,000,000 07.73 Kt Gs 2034
Sovereign Bonds | -2% ₹10 Cr 1,000,000
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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