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Top 10 Best LIC Mutual Fund Schemes 2023

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10 Best LIC Mutual Fund Schemes 2023

Updated on March 22, 2023 , 38718 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.

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Best LIC Mutual Fund Schemes

FundNAVNet Assets (Cr)Min InvestmentMin SIP Investment3 MO (%)6 MO (%)1 YR (%)3 YR (%)5 YR (%)Since launch (%)2022 (%)
LIC MF Infrastructure Fund Growth ₹23.0788
↓ -0.22
₹90 5,000 1,000 -0.6-2.23.934.210.35.77.9
LIC MF Index Fund Nifty Growth ₹93.3752
↓ -0.71
₹54 5,000 1,000 -5-2.3-1.329.211.212.14.7
LIC MF Index Fund Sensex Growth ₹107.011
↓ -0.74
₹69 5,000 1,000 -4-10.12912.112.94.6
LIC MF Banking & Financial Services Fund Growth ₹14.58
↓ -0.13
₹121 5,000 1,000 -4.5-2.512.827.17.54.819.6
LIC MF Large and Midcap Fund Growth ₹22.2928
↓ -0.15
₹1,889 5,000 1,000 -5.3-9.8-6.725.19.510.4-2.3
LIC MF Tax Plan Growth ₹94.1668
↓ -0.63
₹402 500 500 -2.3-6.3-3.223.58.910.1-1.6
LIC MF Large Cap Fund Growth ₹37.7589
↓ -0.25
₹648 5,000 1,000 -5.4-4.8-5.221.89.89.9-1.6
LIC MF Multi Cap Fund Growth ₹62.5203
↓ -0.47
₹383 5,000 1,000 -1.4-5.3-221.17.99-2.6
LIC MF Childrens Fund Growth ₹22.4614
↓ -0.13
₹13 5,000 1,000 -4-4.2-2.719.36.63.8-1
LIC MF Equity Hybrid Fund Growth ₹131.176
↓ -0.64
₹378 5,000 1,000 -2.5-2.7-1.816.87.17.8-2.2
Note: Returns up to 1 year are on absolute basis & more than 1 year are on CAGR basis. as on 24 Mar 23

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 5.7% since its launch.  Return for 2022 was 7.9% , 2021 was 46.6% and 2020 was -0.1% .

Below is the key information for LIC MF Infrastructure Fund

LIC MF Infrastructure Fund
Growth
Launch Date 29 Feb 08
NAV (24 Mar 23) ₹23.0788 ↓ -0.22   (-0.94 %)
Net Assets (Cr) ₹90 on 28 Feb 23
Category Equity - Sectoral
AMC LIC Mutual Fund Asset Mgmt Co Ltd
Rating Not Rated
Risk High
Expense Ratio 2.26
Sharpe Ratio 0.15
Information Ratio -0.3
Alpha Ratio 1.13
Min Investment 5,000
Min SIP Investment 1,000
Exit Load 0-1 Years (1%),1 Years and above(NIL)
Sub Cat. Sectoral

Growth of 10,000 investment over the years.

DateValue
28 Feb 18₹10,000
28 Feb 19₹8,566
29 Feb 20₹9,465
28 Feb 21₹11,460
28 Feb 22₹14,465
28 Feb 23₹15,441

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 24 Mar 23

DurationReturns
1 Month -0.9%
3 Month -0.6%
6 Month -2.2%
1 Year 3.9%
3 Year 34.2%
5 Year 10.3%
10 Year
15 Year
Since launch 5.7%
Historical performance (Yearly) on absolute basis
YearReturns
2022 7.9%
2021 46.6%
2020 -0.1%
2019 13.3%
2018 -14.6%
2017 42.2%
2016 -2.2%
2015 -6.2%
2014 49.6%
2013 -3.6%
Fund Manager information for LIC MF Infrastructure Fund
NameSinceTenure
Yogesh Patil18 Sep 202.37 Yr.

Data below for LIC MF Infrastructure Fund as on 28 Feb 23

Equity Sector Allocation
SectorValue
Industrials63.95%
Basic Materials8.3%
Consumer Cyclical5.51%
Communication Services4.82%
Technology4.41%
Utility4.18%
Energy3.59%
Asset Allocation
Asset ClassValue
Cash5.25%
Equity94.75%
Top Securities Holdings / Portfolio
NameHoldingValueQuantity
Transport Corp of India Ltd (Industrials)
Equity, Since 30 Sep 20 | TCI
7%₹6 Cr100,548
↑ 4,465
UltraTech Cement Ltd (Basic Materials)
Equity, Since 31 Jul 13 | ULTRACEMCO
6%₹6 Cr7,876
↑ 533
KSB Ltd (Industrials)
Equity, Since 31 May 21 | KSB
6%₹5 Cr27,640
Bharti Airtel Ltd (Communication Services)
Equity, Since 30 Apr 09 | BHARTIARTL
5%₹4 Cr53,422
Hitachi Energy India Ltd Ordinary Shares (Technology)
Equity, Since 31 Jul 22 | POWERINDIA
4%₹4 Cr12,816
Kennametal India Ltd (Industrials)
Equity, Since 30 Sep 22 | KENNAMET
4%₹4 Cr17,907
↑ 2,432
SKF India Ltd (Industrials)
Equity, Since 31 Mar 13 | SKFINDIA
4%₹4 Cr8,708
Reliance Industries Ltd (Energy)
Equity, Since 30 Jun 18 | RELIANCE
4%₹3 Cr13,736
MM Forgings Ltd (Industrials)
Equity, Since 31 Oct 21 | MMFL
3%₹3 Cr35,226
Ashoka Buildcon Ltd (Industrials)
Equity, Since 30 Sep 20 | 533271
3%₹3 Cr370,088

2. 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 12.1% since its launch.  Ranked 80 in Index Fund category.  Return for 2022 was 4.7% , 2021 was 23.8% and 2020 was 14.7% .

Below is the key information for LIC MF Index Fund Nifty

LIC MF Index Fund Nifty
Growth
Launch Date 14 Nov 02
NAV (24 Mar 23) ₹93.3752 ↓ -0.71   (-0.76 %)
Net Assets (Cr) ₹54 on 28 Feb 23
Category Others - Index Fund
AMC LIC Mutual Fund Asset Mgmt Co Ltd
Rating
Risk Moderately High
Expense Ratio 0.95
Sharpe Ratio -0.07
Information Ratio -8.79
Alpha Ratio -1.01
Min Investment 5,000
Min SIP Investment 1,000
Exit Load 0-1 Months (1%),1 Months and above(NIL)
Sub Cat. Index Fund

Growth of 10,000 investment over the years.

DateValue
28 Feb 18₹10,000
28 Feb 19₹10,270
29 Feb 20₹10,718
28 Feb 21₹13,847
28 Feb 22₹16,003
28 Feb 23₹16,520

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 ₹405,518.
Net Profit of ₹105,518
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 24 Mar 23

DurationReturns
1 Month -3%
3 Month -5%
6 Month -2.3%
1 Year -1.3%
3 Year 29.2%
5 Year 11.2%
10 Year
15 Year
Since launch 12.1%
Historical performance (Yearly) on absolute basis
YearReturns
2022 4.7%
2021 23.8%
2020 14.7%
2019 12.6%
2018 2.6%
2017 28.6%
2016 2.7%
2015 -4.1%
2014 31.1%
2013 6.5%
Fund Manager information for LIC MF Index Fund Nifty
NameSinceTenure
Jaiprakash Toshniwal6 Sep 211.41 Yr.

Data below for LIC MF Index Fund Nifty as on 28 Feb 23

Asset Allocation
Asset ClassValue
Equity100.14%
Top Securities Holdings / Portfolio
NameHoldingValueQuantity
Reliance Industries Ltd (Energy)
Equity, Since 31 Mar 12 | RELIANCE
10%₹6 Cr23,920
↑ 811
HDFC Bank Ltd (Financial Services)
Equity, Since 30 Apr 09 | HDFCBANK
9%₹5 Cr30,615
↑ 956
ICICI Bank Ltd (Financial Services)
Equity, Since 30 Apr 09 | ICICIBANK
7%₹4 Cr47,892
↑ 1,208
Infosys Ltd (Technology)
Equity, Since 31 Jan 03 | INFY
7%₹4 Cr25,364
↑ 803
Housing Development Finance Corp Ltd (Financial Services)
Equity, Since 31 Jan 03 | HDFC
6%₹3 Cr12,554
↑ 363
Tata Consultancy Services Ltd (Technology)
Equity, Since 31 Mar 05 | TCS
4%₹2 Cr7,105
↑ 214
ITC Ltd (Consumer Defensive)
Equity, Since 31 Jan 03 | ITC
4%₹2 Cr60,841
↑ 1,699
Larsen & Toubro Ltd (Industrials)
Equity, Since 30 Apr 09 | LT
3%₹2 Cr8,389
↑ 307
Kotak Mahindra Bank Ltd (Financial Services)
Equity, Since 30 Apr 10 | KOTAKBANK
3%₹2 Cr10,042
↑ 205
Axis Bank Ltd (Financial Services)
Equity, Since 31 Mar 09 | 532215
3%₹2 Cr18,809
↑ 1,071

3. 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 12.9% since its launch.  Ranked 79 in Index Fund category.  Return for 2022 was 4.6% , 2021 was 21.9% and 2020 was 15.9% .

Below is the key information for LIC MF Index Fund Sensex

LIC MF Index Fund Sensex
Growth
Launch Date 14 Nov 02
NAV (24 Mar 23) ₹107.011 ↓ -0.74   (-0.69 %)
Net Assets (Cr) ₹69 on 28 Feb 23
Category Others - Index Fund
AMC LIC Mutual Fund Asset Mgmt Co Ltd
Rating
Risk Moderately High
Expense Ratio 0.99
Sharpe Ratio 0.04
Information Ratio -4.36
Alpha Ratio -1.14
Min Investment 5,000
Min SIP Investment 1,000
Exit Load 0-1 Months (1%),1 Months and above(NIL)
Sub Cat. Index Fund

Growth of 10,000 investment over the years.

DateValue
28 Feb 18₹10,000
28 Feb 19₹10,480
29 Feb 20₹11,218
28 Feb 21₹14,411
28 Feb 22₹16,507
28 Feb 23₹17,332

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 ₹415,684.
Net Profit of ₹115,684
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 24 Mar 23

DurationReturns
1 Month -3.3%
3 Month -4%
6 Month -1%
1 Year 0.1%
3 Year 29%
5 Year 12.1%
10 Year
15 Year
Since launch 12.9%
Historical performance (Yearly) on absolute basis
YearReturns
2022 4.6%
2021 21.9%
2020 15.9%
2019 14.6%
2018 5.6%
2017 27.4%
2016 1.6%
2015 -5.4%
2014 29.3%
2013 9.2%
Fund Manager information for LIC MF Index Fund Sensex
NameSinceTenure
Jaiprakash Toshniwal6 Sep 211.41 Yr.

Data below for LIC MF Index Fund Sensex as on 28 Feb 23

Asset Allocation
Asset ClassValue
Cash0.38%
Equity99.62%
Top Securities Holdings / Portfolio
NameHoldingValueQuantity
Reliance Industries Ltd (Energy)
Equity, Since 31 Mar 09 | RELIANCE
12%₹8 Cr34,899
↑ 132
HDFC Bank Ltd (Financial Services)
Equity, Since 31 Mar 09 | HDFCBANK
10%₹7 Cr44,763
↑ 496
ICICI Bank Ltd (Financial Services)
Equity, Since 30 Apr 09 | 532174
8%₹6 Cr69,910
↓ -805
Infosys Ltd (Technology)
Equity, Since 31 Mar 09 | INFY
8%₹6 Cr37,025
↑ 330
Housing Development Finance Corp Ltd (Financial Services)
Equity, Since 31 Mar 09 | HDFC
7%₹5 Cr18,501
↑ 190
Tata Consultancy Services Ltd (Technology)
Equity, Since 31 Mar 09 | TCS
5%₹3 Cr10,373
↑ 52
ITC Ltd (Consumer Defensive)
Equity, Since 30 Sep 11 | ITC
5%₹3 Cr88,684
↓ -264
Larsen & Toubro Ltd (Industrials)
Equity, Since 31 Mar 09 | LT
4%₹3 Cr12,224
↑ 30
Kotak Mahindra Bank Ltd (Financial Services)
Equity, Since 30 Jun 17 | KOTAKBANK
4%₹3 Cr14,484
↑ 99
Axis Bank Ltd (Financial Services)
Equity, Since 31 Dec 13 | 532215
4%₹2 Cr28,034
↓ -163

4. 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 4.8% since its launch.  Return for 2022 was 19.6% , 2021 was 9.8% and 2020 was -2.1% .

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 (24 Mar 23) ₹14.58 ↓ -0.13   (-0.86 %)
Net Assets (Cr) ₹121 on 28 Feb 23
Category Equity - Sectoral
AMC LIC Mutual Fund Asset Mgmt Co Ltd
Rating Not Rated
Risk High
Expense Ratio 2.28
Sharpe Ratio 0.53
Information Ratio -0.16
Alpha Ratio 6.66
Min Investment 5,000
Min SIP Investment 1,000
Exit Load 0-1 Years (1%),1 Years and above(NIL)
Sub Cat. Sectoral

Growth of 10,000 investment over the years.

DateValue
28 Feb 18₹10,000
28 Feb 19₹8,981
29 Feb 20₹10,259
28 Feb 21₹11,512
28 Feb 22₹11,804
28 Feb 23₹13,494

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 ₹367,070.
Net Profit of ₹67,070
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 24 Mar 23

DurationReturns
1 Month -2.4%
3 Month -4.5%
6 Month -2.5%
1 Year 12.8%
3 Year 27.1%
5 Year 7.5%
10 Year
15 Year
Since launch 4.8%
Historical performance (Yearly) on absolute basis
YearReturns
2022 19.6%
2021 9.8%
2020 -2.1%
2019 19.9%
2018 -18%
2017 32.7%
2016 10.5%
2015
2014
2013
Fund Manager information for LIC MF Banking & Financial Services Fund
NameSinceTenure
Jaiprakash Toshniwal6 Sep 211.41 Yr.

Data below for LIC MF Banking & Financial Services Fund as on 28 Feb 23

Equity Sector Allocation
SectorValue
Financial Services94.47%
Health Care2.15%
Asset Allocation
Asset ClassValue
Cash3.38%
Equity96.62%
Top Securities Holdings / Portfolio
NameHoldingValueQuantity
ICICI Bank Ltd (Financial Services)
Equity, Since 30 Apr 15 | ICICIBANK
19%₹22 Cr259,444
↑ 33,385
HDFC Bank Ltd (Financial Services)
Equity, Since 30 Apr 15 | HDFCBANK
10%₹12 Cr74,742
Axis Bank Ltd (Financial Services)
Equity, Since 30 Apr 15 | 532215
9%₹11 Cr123,396
↑ 11,471
State Bank of India (Financial Services)
Equity, Since 31 Mar 20 | SBIN
9%₹10 Cr185,169
↑ 12,814
Housing Development Finance Corp Ltd (Financial Services)
Equity, Since 31 Mar 18 | HDFC
8%₹9 Cr33,786
↑ 9,722
CreditAccess Grameen Ltd Ordinary Shares (Financial Services)
Equity, Since 30 Sep 22 | CREDITACC
4%₹5 Cr60,143
↑ 9,871
Karur Vysya Bank Ltd (Financial Services)
Equity, Since 30 Nov 21 | 590003
4%₹5 Cr461,061
↑ 54,407
The Federal Bank Ltd (Financial Services)
Equity, Since 31 Jul 20 | FEDERALBNK
4%₹4 Cr323,890
↑ 177,128
CSB Bank Ltd Ordinary Shares (Financial Services)
Equity, Since 31 Aug 22 | CSBBANK
4%₹4 Cr172,915
SBI Cards and Payment Services Ltd Ordinary Shares (Financial Services)
Equity, Since 31 Oct 21 | SBICARD
4%₹4 Cr59,092
↑ 3,956

5. 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 10.4% since its launch.  Return for 2022 was -2.3% , 2021 was 33.3% and 2020 was 14.1% .

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 (24 Mar 23) ₹22.2928 ↓ -0.15   (-0.68 %)
Net Assets (Cr) ₹1,889 on 28 Feb 23
Category Equity - Large & Mid Cap
AMC LIC Mutual Fund Asset Mgmt Co Ltd
Rating Not Rated
Risk High
Expense Ratio 1.98
Sharpe Ratio -0.45
Information Ratio -1.41
Alpha Ratio -7.17
Min Investment 5,000
Min SIP Investment 1,000
Exit Load 0-1 Years (1%),1 Years and above(NIL)
Sub Cat. Large & Mid Cap

Growth of 10,000 investment over the years.

DateValue
28 Feb 18₹10,000
28 Feb 19₹9,253
29 Feb 20₹10,738
28 Feb 21₹12,746
28 Feb 22₹15,698
28 Feb 23₹15,357

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 ₹385,859.
Net Profit of ₹85,859
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 24 Mar 23

DurationReturns
1 Month -3.5%
3 Month -5.3%
6 Month -9.8%
1 Year -6.7%
3 Year 25.1%
5 Year 9.5%
10 Year
15 Year
Since launch 10.4%
Historical performance (Yearly) on absolute basis
YearReturns
2022 -2.3%
2021 33.3%
2020 14.1%
2019 10.9%
2018 -5%
2017 40.1%
2016 13.2%
2015
2014
2013
Fund Manager information for LIC MF Large and Midcap Fund
NameSinceTenure
Yogesh Patil18 Sep 202.37 Yr.

Data below for LIC MF Large and Midcap Fund as on 28 Feb 23

Equity Sector Allocation
SectorValue
Financial Services23.32%
Consumer Cyclical21.73%
Basic Materials12.93%
Industrials12.92%
Technology10.39%
Consumer Defensive5.03%
Health Care3.63%
Energy1.97%
Utility1.45%
Communication Services1.21%
Asset Allocation
Asset ClassValue
Cash5.43%
Equity94.57%
Top Securities Holdings / Portfolio
NameHoldingValueQuantity
ICICI Bank Ltd (Financial Services)
Equity, Since 31 Aug 18 | ICICIBANK
6%₹108 Cr1,298,589
↑ 11,486
HDFC Bank Ltd (Financial Services)
Equity, Since 30 Apr 18 | HDFCBANK
5%₹97 Cr606,065
Infosys Ltd (Technology)
Equity, Since 31 Jan 19 | INFY
5%₹97 Cr632,342
↑ 6,552
Aditya Birla Fashion and Retail Ltd (Consumer Cyclical)
Equity, Since 31 Jan 19 | ABFRL
3%₹48 Cr1,860,368
↑ 212,783
Axis Bank Ltd (Financial Services)
Equity, Since 31 May 21 | 532215
2%₹44 Cr508,379
↑ 10,811
Tata Consultancy Services Ltd (Technology)
Equity, Since 31 Mar 18 | TCS
2%₹43 Cr127,874
↓ -10,821
Kansai Nerolac Paints Ltd (Basic Materials)
Equity, Since 31 Jan 22 | 500165
2%₹40 Cr934,754
↑ 22,938
Navin Fluorine International Ltd (Basic Materials)
Equity, Since 30 Jun 22 | NAVINFLUOR
2%₹38 Cr97,390
↑ 20,767
SRF Ltd (Basic Materials)
Equity, Since 31 Mar 21 | SRF
2%₹38 Cr172,715
↑ 4,395
Devyani International Ltd (Consumer Cyclical)
Equity, Since 31 Aug 21 | 543330
2%₹37 Cr2,416,863
↑ 239,661

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 10.1% since its launch.  Ranked 35 in ELSS category.  Return for 2022 was -1.6% , 2021 was 26.2% and 2020 was 8.9% .

Below is the key information for LIC MF Tax Plan

LIC MF Tax Plan
Growth
Launch Date 3 Feb 99
NAV (24 Mar 23) ₹94.1668 ↓ -0.63   (-0.66 %)
Net Assets (Cr) ₹402 on 28 Feb 23
Category Equity - ELSS
AMC LIC Mutual Fund Asset Mgmt Co Ltd
Rating
Risk Moderately High
Expense Ratio 2.21
Sharpe Ratio -0.3
Information Ratio -1.18
Alpha Ratio -3.24
Min Investment 500
Min SIP Investment 500
Exit Load NIL
Sub Cat. ELSS

Growth of 10,000 investment over the years.

DateValue
28 Feb 18₹10,000
28 Feb 19₹9,558
29 Feb 20₹11,017
28 Feb 21₹12,468
28 Feb 22₹14,839
28 Feb 23₹14,802

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 ₹376,357.
Net Profit of ₹76,357
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 24 Mar 23

DurationReturns
1 Month -2.5%
3 Month -2.3%
6 Month -6.3%
1 Year -3.2%
3 Year 23.5%
5 Year 8.9%
10 Year
15 Year
Since launch 10.1%
Historical performance (Yearly) on absolute basis
YearReturns
2022 -1.6%
2021 26.2%
2020 8.9%
2019 11.9%
2018 -1.1%
2017 37.3%
2016 3.3%
2015 -3%
2014 49.1%
2013 8.2%
Fund Manager information for LIC MF Tax Plan
NameSinceTenure
Amit Nadekar6 Jun 220.66 Yr.

Data below for LIC MF Tax Plan as on 28 Feb 23

Equity Sector Allocation
SectorValue
Financial Services30.06%
Consumer Cyclical25.65%
Industrials11.54%
Technology9.79%
Consumer Defensive7.39%
Basic Materials6.47%
Health Care3.62%
Communication Services1.52%
Asset Allocation
Asset ClassValue
Cash3.96%
Equity96.04%
Top Securities Holdings / Portfolio
NameHoldingValueQuantity
ICICI Bank Ltd (Financial Services)
Equity, Since 31 Jul 18 | ICICIBANK
9%₹36 Cr435,305
Axis Bank Ltd (Financial Services)
Equity, Since 30 Jun 21 | 532215
7%₹27 Cr313,657
↑ 10,749
Infosys Ltd (Technology)
Equity, Since 31 Oct 14 | INFY
6%₹23 Cr147,388
↑ 12,861
HDFC Bank Ltd (Financial Services)
Equity, Since 31 Oct 14 | HDFCBANK
5%₹22 Cr135,512
↑ 5,977
Mahindra & Mahindra Ltd (Consumer Cyclical)
Equity, Since 31 Jul 20 | M&M
5%₹18 Cr132,755
↑ 10,472
Titan Co Ltd (Consumer Cyclical)
Equity, Since 30 Apr 20 | TITAN
3%₹12 Cr51,186
↑ 1,692
Trent Ltd (Consumer Cyclical)
Equity, Since 31 Mar 20 | 500251
3%₹11 Cr93,100
↑ 12,238
SRF Ltd (Basic Materials)
Equity, Since 31 May 21 | SRF
3%₹11 Cr51,035
↑ 1,841
ITC Ltd (Consumer Defensive)
Equity, Since 30 Sep 22 | ITC
3%₹11 Cr312,231
↑ 18,696
Maruti Suzuki India Ltd (Consumer Cyclical)
Equity, Since 31 Jul 15 | MARUTI
3%₹11 Cr11,941
↑ 2,334

7. 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 9.9% since its launch.  Ranked 66 in Large Cap category.  Return for 2022 was -1.6% , 2021 was 23.8% and 2020 was 13.8% .

Below is the key information for LIC MF Large Cap Fund

LIC MF Large Cap Fund
Growth
Launch Date 3 Feb 99
NAV (24 Mar 23) ₹37.7589 ↓ -0.25   (-0.67 %)
Net Assets (Cr) ₹648 on 28 Feb 23
Category Equity - Large Cap
AMC LIC Mutual Fund Asset Mgmt Co Ltd
Rating
Risk Moderately High
Expense Ratio 2.2
Sharpe Ratio -0.45
Information Ratio -1.12
Alpha Ratio -4.55
Min Investment 5,000
Min SIP Investment 1,000
Exit Load 0-1 Years (1%),1 Years and above(NIL)
Sub Cat. Large Cap

Growth of 10,000 investment over the years.

DateValue
28 Feb 18₹10,000
28 Feb 19₹9,919
29 Feb 20₹11,539
28 Feb 21₹13,519
28 Feb 22₹16,029
28 Feb 23₹15,604

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 ₹385,859.
Net Profit of ₹85,859
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 24 Mar 23

DurationReturns
1 Month -3.1%
3 Month -5.4%
6 Month -4.8%
1 Year -5.2%
3 Year 21.8%
5 Year 9.8%
10 Year
15 Year
Since launch 9.9%
Historical performance (Yearly) on absolute basis
YearReturns
2022 -1.6%
2021 23.8%
2020 13.8%
2019 15%
2018 0.7%
2017 26.8%
2016 2.3%
2015 -2.6%
2014 39.8%
2013 7.4%
Fund Manager information for LIC MF Large Cap Fund
NameSinceTenure
Yogesh Patil18 Sep 202.37 Yr.

Data below for LIC MF Large Cap Fund as on 28 Feb 23

Equity Sector Allocation
SectorValue
Financial Services40.63%
Technology13.74%
Consumer Cyclical11.17%
Basic Materials9.09%
Consumer Defensive7.52%
Energy5.84%
Health Care4.82%
Industrials2.76%
Communication Services1.76%
Asset Allocation
Asset ClassValue
Cash2.67%
Equity97.33%
Top Securities Holdings / Portfolio
NameHoldingValueQuantity
HDFC Bank Ltd (Financial Services)
Equity, Since 30 Apr 09 | HDFCBANK
10%₹64 Cr397,791
↓ -8,049
ICICI Bank Ltd (Financial Services)
Equity, Since 31 Jul 18 | ICICIBANK
9%₹57 Cr683,444
Infosys Ltd (Technology)
Equity, Since 31 Dec 09 | INFY
8%₹51 Cr334,129
Reliance Industries Ltd (Energy)
Equity, Since 30 Jun 18 | RELIANCE
6%₹39 Cr164,293
↑ 5,498
Axis Bank Ltd (Financial Services)
Equity, Since 31 Jan 21 | 532215
4%₹29 Cr337,528
↑ 7,628
Tata Consultancy Services Ltd (Technology)
Equity, Since 31 Mar 18 | TCS
4%₹27 Cr80,787
Kotak Mahindra Bank Ltd (Financial Services)
Equity, Since 29 Feb 16 | KOTAKBANK
4%₹26 Cr147,869
↑ 15,353
Mahindra & Mahindra Ltd (Consumer Cyclical)
Equity, Since 31 Jul 20 | M&M
4%₹25 Cr180,976
State Bank of India (Financial Services)
Equity, Since 28 Feb 21 | SBIN
3%₹22 Cr388,700
↑ 16
Larsen & Toubro Ltd (Industrials)
Equity, Since 31 Oct 07 | LT
3%₹18 Cr86,071

8. 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% since its launch.  Ranked 61 in Multi Cap category.  Return for 2022 was -2.6% , 2021 was 20.2% and 2020 was 10.4% .

Below is the key information for LIC MF Multi Cap Fund

LIC MF Multi Cap Fund
Growth
Launch Date 15 Feb 99
NAV (24 Mar 23) ₹62.5203 ↓ -0.47   (-0.74 %)
Net Assets (Cr) ₹383 on 28 Feb 23
Category Equity - Multi Cap
AMC LIC Mutual Fund Asset Mgmt Co Ltd
Rating
Risk Moderately High
Expense Ratio 2.25
Sharpe Ratio -0.29
Information Ratio -1.35
Alpha Ratio -2.65
Min Investment 5,000
Min SIP Investment 1,000
Exit Load 0-1 Years (1%),1 Years and above(NIL)
Sub Cat. Multi Cap

Growth of 10,000 investment over the years.

DateValue
28 Feb 18₹10,000
28 Feb 19₹9,631
29 Feb 20₹10,773
28 Feb 21₹12,343
28 Feb 22₹13,975
28 Feb 23₹14,071

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 ₹367,070.
Net Profit of ₹67,070
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 24 Mar 23

DurationReturns
1 Month -2.9%
3 Month -1.4%
6 Month -5.3%
1 Year -2%
3 Year 21.1%
5 Year 7.9%
10 Year
15 Year
Since launch 9%
Historical performance (Yearly) on absolute basis
YearReturns
2022 -2.6%
2021 20.2%
2020 10.4%
2019 13.7%
2018 -7.7%
2017 25.7%
2016 2.2%
2015 -7.7%
2014 42%
2013 5.6%
Fund Manager information for LIC MF Multi Cap Fund
NameSinceTenure
Amit Nadekar6 Jun 220.66 Yr.

Data below for LIC MF Multi Cap Fund as on 28 Feb 23

Equity Sector Allocation
SectorValue
Financial Services32.83%
Consumer Cyclical23.76%
Industrials14.02%
Technology10.09%
Basic Materials7.22%
Consumer Defensive5.5%
Communication Services1.39%
Health Care1.3%
Asset Allocation
Asset ClassValue
Cash3.88%
Equity96.12%
Top Securities Holdings / Portfolio
NameHoldingValueQuantity
ICICI Bank Ltd (Financial Services)
Equity, Since 30 Jun 07 | ICICIBANK
8%₹30 Cr363,221
Axis Bank Ltd (Financial Services)
Equity, Since 31 May 21 | 532215
6%₹24 Cr279,245
↑ 4,328
Infosys Ltd (Technology)
Equity, Since 31 Oct 18 | INFY
5%₹21 Cr136,924
↑ 6,201
Mahindra & Mahindra Ltd (Consumer Cyclical)
Equity, Since 30 Jun 22 | M&M
4%₹17 Cr123,200
HDFC Bank Ltd (Financial Services)
Equity, Since 31 May 18 | HDFCBANK
4%₹15 Cr92,340
↑ 4,693
ITC Ltd (Consumer Defensive)
Equity, Since 30 Jun 22 | ITC
3%₹11 Cr306,228
Indian Hotels Co Ltd (Consumer Cyclical)
Equity, Since 31 Aug 22 | 500850
3%₹10 Cr330,746
SRF Ltd (Basic Materials)
Equity, Since 31 May 21 | SRF
2%₹10 Cr43,538
Titan Co Ltd (Consumer Cyclical)
Equity, Since 31 Aug 19 | TITAN
2%₹9 Cr39,760
Maruti Suzuki India Ltd (Consumer Cyclical)
Equity, Since 31 Oct 18 | MARUTI
2%₹9 Cr10,474
↑ 1,831

9. 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 3.8% since its launch.  Return for 2022 was -1% , 2021 was 15.5% and 2020 was 12.4% .

Below is the key information for LIC MF Childrens Fund

LIC MF Childrens Fund
Growth
Launch Date 21 Nov 01
NAV (24 Mar 23) ₹22.4614 ↓ -0.13   (-0.56 %)
Net Assets (Cr) ₹13 on 28 Feb 23
Category Solutions - Childrens Fund
AMC LIC Mutual Fund Asset Mgmt Co Ltd
Rating Not Rated
Risk Moderately High
Expense Ratio 2.18
Sharpe Ratio -0.34
Information Ratio -1.32
Alpha Ratio -2.62
Min Investment 5,000
Min SIP Investment 1,000
Exit Load NIL
Sub Cat. Childrens Fund

Growth of 10,000 investment over the years.

DateValue
28 Feb 18₹10,000
28 Feb 19₹9,494
29 Feb 20₹10,486
28 Feb 21₹12,226
28 Feb 22₹13,487
28 Feb 23₹13,506

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 24 Mar 23

DurationReturns
1 Month -2.6%
3 Month -4%
6 Month -4.2%
1 Year -2.7%
3 Year 19.3%
5 Year 6.6%
10 Year
15 Year
Since launch 3.8%
Historical performance (Yearly) on absolute basis
YearReturns
2022 -1%
2021 15.5%
2020 12.4%
2019 13.2%
2018 -8%
2017 14.1%
2016 9.7%
2015 -1.2%
2014 31.4%
2013 6.3%
Fund Manager information for LIC MF Childrens Fund
NameSinceTenure
Sanjay Pawar1 Jan 221.08 Yr.
Karan Doshi7 Jan 212.07 Yr.

Data below for LIC MF Childrens Fund as on 28 Feb 23

Asset Allocation
Asset ClassValue
Cash3.01%
Equity85.05%
Debt11.94%
Top Securities Holdings / Portfolio
NameHoldingValueQuantity
7.38 6/20/2027 12:00:00 Am
Sovereign Bonds | -
12%₹2 Cr150,000
ICICI Bank Ltd (Financial Services)
Equity, Since 31 May 18 | ICICIBANK
8%₹1 Cr12,875
Infosys Ltd (Technology)
Equity, Since 31 May 18 | INFY
8%₹1 Cr6,313
HDFC Bank Ltd (Financial Services)
Equity, Since 30 Apr 18 | HDFCBANK
6%₹1 Cr4,981
Tata Consultancy Services Ltd (Technology)
Equity, Since 30 Apr 18 | TCS
4%₹1 Cr1,503
↓ -150
State Bank of India (Financial Services)
Equity, Since 28 Feb 21 | SBIN
4%₹1 Cr9,110
Axis Bank Ltd (Financial Services)
Equity, Since 31 Aug 18 | 532215
4%₹0 Cr5,735
Larsen & Toubro Ltd (Industrials)
Equity, Since 30 Jun 21 | LT
2%₹0 Cr1,327
Maruti Suzuki India Ltd (Consumer Cyclical)
Equity, Since 31 Oct 18 | MARUTI
2%₹0 Cr286
SBI Life Insurance Company Limited (Financial Services)
Equity, Since 30 Nov 18 | SBILIFE
2%₹0 Cr2,083

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 7.8% since its launch.  Ranked 27 in Hybrid Equity category.  Return for 2022 was -2.2% , 2021 was 15.5% and 2020 was 9.6% .

Below is the key information for LIC MF Equity Hybrid Fund

LIC MF Equity Hybrid Fund
Growth
Launch Date 3 Feb 99
NAV (24 Mar 23) ₹131.176 ↓ -0.64   (-0.48 %)
Net Assets (Cr) ₹378 on 28 Feb 23
Category Hybrid - Hybrid Equity
AMC LIC Mutual Fund Asset Mgmt Co Ltd
Rating
Risk Moderately High
Expense Ratio 2.28
Sharpe Ratio -0.41
Information Ratio -1.59
Alpha Ratio -2.93
Min Investment 5,000
Min SIP Investment 1,000
Exit Load 0-1 Years (1%),1 Years and above(NIL)
Sub Cat. Hybrid Equity

Growth of 10,000 investment over the years.

DateValue
28 Feb 18₹10,000
28 Feb 19₹9,825
29 Feb 20₹11,066
28 Feb 21₹12,407
28 Feb 22₹13,698
28 Feb 23₹13,752

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 ₹367,070.
Net Profit of ₹67,070
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 24 Mar 23

DurationReturns
1 Month -2.6%
3 Month -2.5%
6 Month -2.7%
1 Year -1.8%
3 Year 16.8%
5 Year 7.1%
10 Year
15 Year
Since launch 7.8%
Historical performance (Yearly) on absolute basis
YearReturns
2022 -2.2%
2021 15.5%
2020 9.6%
2019 13.5%
2018 -4.5%
2017 20.4%
2016 5.5%
2015 -6.8%
2014 34.1%
2013 7.4%
Fund Manager information for LIC MF Equity Hybrid Fund
NameSinceTenure
Sanjay Pawar1 Jan 221.08 Yr.
Karan Doshi6 Sep 211.41 Yr.

Data below for LIC MF Equity Hybrid Fund as on 28 Feb 23

Asset Allocation
Asset ClassValue
Cash4.84%
Equity75.29%
Debt19.87%
Equity Sector Allocation
SectorValue
Financial Services30.05%
Technology12.09%
Consumer Cyclical11.13%
Consumer Defensive5.86%
Basic Materials5.78%
Health Care3.18%
Industrials2.87%
Communication Services2.38%
Energy1.95%
Debt Sector Allocation
SectorValue
Government17.23%
Corporate3.89%
Cash Equivalent3.58%
Credit Quality
RatingValue
AAA100%
Top Securities Holdings / Portfolio
NameHoldingValueQuantity
ICICI Bank Ltd (Financial Services)
Equity, Since 30 Sep 12 | ICICIBANK
7%₹27 Cr330,525
↓ -13,398
7.38 6/20/2027 12:00:00 Am
Sovereign Bonds | -
7%₹25 Cr2,500,000
↓ -1,000,000
Infosys Ltd (Technology)
Equity, Since 31 May 18 | INFY
7%₹25 Cr162,781
HDFC Bank Ltd (Financial Services)
Equity, Since 30 Apr 18 | HDFCBANK
6%₹24 Cr151,371
Axis Bank Ltd (Financial Services)
Equity, Since 31 May 21 | 532215
4%₹15 Cr166,376
6.1 7/12/2031 12:00:00 Am
Sovereign Bonds | -
4%₹14 Cr1,500,000
State Bank of India (Financial Services)
Equity, Since 30 Jun 21 | SBIN
3%₹11 Cr202,898
Power Finance Corporation Ltd.
Debentures | -
3%₹10 Cr100
National Bank For Agriculture And Rural Development
Debentures | -
3%₹10 Cr100
↑ 100
Tata Consultancy Services Ltd (Technology)
Equity, Since 30 Apr 18 | TCS
3%₹10 Cr28,566
↓ -6,897

FAQs

1. What is the current worth of LIC Mutual Fund?

A: The LIC Mutual Fund currently has operative funds of Rs.289.57 crores. You can invest in twenty-two different schemes under the LIC Mutual Fund. Depending upon the amount of money you wish to invest, you can select a particular scheme.

2. What are the documents that I will need to invest in LIC MF?

A: To invest in LIC Mutual Fund, you will need identity proof such as your PAN Card and address proof, a copy of your Aadhar card or passport. You will also have to submit your Bank details.

3. Is LIC Mutual Funds KYC compliant?

A: Yes. Hence, along with all the KYC compliant documents, you will have to submit the duly filled out KYC Form to start investing in LIC Mutual Funds.

4. Can I invest in LIC Mutual Fund online?

A: Yes, you can - Log in to the official website and register yourself. You will have to upload all the KYC related documents to open the account and register yourself. Once the registration process is completed, you can start investing.

5. What is the LIC Mutual Fund Tax plan?

A: The plan is designed to help investors grow the wealth and at the same time enjoy tax rebates under Section 80C of the income tax Act or 1961. It is an open-ended equity linked Tax Saving Scheme. It also has the lowest lock-in period of only 3-years.

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6. How is the performance of LIC MF Large and mid-cap funds?

A: The LIC MF Large and Mid Cap segment has shown consistent returns of 8.03% in the past three years. Annually, it has delivered returns of 12.86%. In the large and mid-cap section, the LIC MF Large and Mid Cap Mutual Fund have performed better than most other mutual funds.

7. I want to know about LIC Mutual Fund Banking and PSU Debt?

A: The LIC Mutual Fund Banking and PSU Debt have moderate risk as it consists primarily of Debentures and Municipal Bonds. It also has no exit load and a lower expense ratio, which is 0.28%. However, the average maturity age for the LIC Mutual Fund Banking and PSU Debt is three years.

8. What should I keep in mind while investing in LIC Mutual Funds?

A: When you invest in LIC Mutual Funds, you should consider the amount of investment you are prepared to make and the returns you expect. It would be best if you also considered the tax that you have to pay on your Earnings. Once you have considered all of these aspects, you can select a particular LIC Mutual Fund type.

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.
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