LIC Mutual Fund

LIC Mutual Fund is a very reliable name in India. It is an associate of the Life Insurance Corporation of India. It was established in April 1989. It has provided good returns and confidence to investors for over 30 years.

Currently, LIC Mutual Fund holds around Rs 30,170.82 crore. It has 26 schemes for individuals with various risk options. A good 90.06% is in the Indian share market, of which 87.62% is in large-cap stocks and 2.43% in mid-cap stocks.

Over the past 3 years, it provided a CAGR of 14.56%. It is among the best options for large- and mid-cap mutual funds. Tax benefits are also available to investors under LIC MF Tax Plans (ELSS).

Key Information About LIC Mutual Funds

Mutual Fund name	LIC Mutual Fund
AMC Setup Date	20th April, 1989
AMC Incorporation Date	20th April, 1994
Sponsor name	Life Insurance Corporation of India
Trustee organisation	LIC Mutual Fund Trustee Pvt. Ltd.
Chairman	Mr. V K Chopra
CIO	Mr. Saravana Kumar A
MD and CEO	Shri Raj Kumar
Compliance Officer	Mr. Mayank Arora
Investor Service Officer	Mrs. Sonali Pandit

How to Invest in LIC Mutual Funds?

The process is extremely easy:

Log in to the LIC Mutual Fund website or app and register.
Upload ID proof such as Aadhaar, Voter ID, passport, or PAN.
Upload proof of address according to KYC regulations.
Select how long you wish to invest.
Select your plan according to risk – low, medium, or high.
Select the best LIC mutual fund scheme you prefer.
Select how you wish to invest:

SIP (Systematic Investment Plan) – small amount monthly.
Lump Sum – invest once with a larger amount.

The fund will reflect in your account within a few days.

Top Fund Managers of LIC MF

Mr. Sachin Relekar – Manages LIC MF Tax Plan (equity-based).
Mr. Marzban Irani – Manages debt funds such as the LIC MF Bond Fund.
Mr. Rahul Singh – Manages LIC Liquid Fund and ETFs.
Mr. Yogesh Patil – Takes care of Multicap, Hybrid, and Banking Funds.
Mr. Saravana Kumar Ananthan – Chief Investment Officer for various equity and hybrid funds.
Shri Raj Kumar – Director with 32+ years of experience in LIC.

Top LIC Mutual Fund Schemes

Here is a simple table of some popular schemes:

Fund Name	Category	Min. Investment	AUM (Rs Cr)	1Y Returns	SIP Min.
LIC MF Low Duration Fund Direct Growth	Debt	Rs 5,000	Rs 1918 Cr	8.0%	Rs 200
LIC MF Ultra Short Duration Fund Direct Growth	Debt	Rs 5,000	Rs 257 Cr	7.6%	Rs 200
LIC MF Infrastructure Fund Direct Growth	Equity	Rs 5,000	Rs 994 Cr	2.8%	Rs 200
LIC MF Gold ETF FoF Direct Growth	Commodities	Rs 5,000	Rs 253 Cr	48.1%	Rs 200
LIC MF Medium to Long Duration Fund Direct Growth	Debt	Rs 5,000	Rs 203 Cr	7.5%	Rs 200
LIC MF Overnight Fund Direct Growth	Debt	Rs 5,000	Rs 832 Cr	6.2%	Rs 200
LIC MF Nifty 50 Index Fund Direct Growth	Equity	Rs 5,000	Rs 329 Cr	0.6%	Rs 200
LIC MF Short Duration Fund Direct Growth	Debt	Rs 5,000	Rs 152 Cr	8.5%	Rs 200
LIC MF Banking & PSU Fund Direct Growth	Debt	Rs 5,000	Rs 1899 Cr	8.3%	Rs 200
LIC MF Liquid Fund Direct Growth	Debt	Rs 5,000	Rs 12,211 Cr	6.9%	Rs 200
LIC MF Healthcare Fund Direct Growth	Equity	Rs 5,000	Rs 88 Cr	4.3%	Rs 200
LIC MF Midcap Fund Direct Growth	Equity	Rs 5,000	Rs 329 Cr	-2.3%	Rs 200
LIC MF Small Cap Fund Direct Growth	Equity	Rs 5,000	Rs 604 Cr	-3.7%	Rs 200
LIC MF Large & Mid Cap Fund Direct Growth	Equity	Rs 5,000	Rs 3013 Cr	-0.3%	Rs 200
LIC MF ELSS Tax Saver Direct Growth	Equity	Rs 500	Rs 1081 Cr	0.4%	Rs 500