LIC Mutual Fund

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LIC of India laid the foundation of LIC Mutual Fund on April 20, 1989. LICMF is associated with India's most trusted and premier brand; it is a well-known player in the domain of the asset management. By sticking to its simplified investment discipline along with maintaining a high standard corporate governance and financial ethics, LIC Mutual Fund has emerged as the most preferred Investment manager in the investment sphere of India.

LIC MF strives to generate value for its valuable investors with the help of innovation-driven robust investment plans that cater to all the investment segments. It firmly believes in offering a delightful experience to its partners and customers. In true sense, it brings the Khushiyaan, Zindagi Ki with the help of the exclusive services and premium investment experience.

LIC offers mutual funds by its subsidiary in joint-venture with the Nomura Group of Japan, established in 2011.

Best Lic Mutual Funds

Scheme Name Type Nav Return(%) 1Y Return(%) 3Y Return(%) 5Y Rating1 Rating
LIC MF Banking & PSU Debt Fund Direct-Growth Growth 23.16 5.83 7.3 7.62 5
5
LIC MF Banking & PSU Debt Fund Direct-Dividend weekly Dividend 10.09 5.83 7.3 7.62 5
5
LIC MF Banking & PSU Debt Fund Direct-Dividend monthly Dividend 10.22 5.83 7.3 7.62 5
5
LIC MF Banking & PSU Debt Fund Direct-Dividend Daily Dividend 10.18 5.83 7.3 7.62 5
5
LIC MF Savings Fund Direct-Growth Growth 28.51 6.99 8.02 8.49 4
4
LIC MF Savings Fund Direct-Dividend Weekly Dividend 10.51 6.99 8.02 8.49 4
4
LIC MF Savings Fund Direct-Dividend Monthly Dividend 14.9 6.99 8.02 8.49 4
4
LIC MF Savings Fund Direct-Dividend Daily Dividend 10.1 6.99 8.02 8.49 4
4
LIC MF Liquid Fund Direct-Growth Growth 3261.57 7.18 7.34 8.01 4
4
LIC MF Liquid Fund Direct-Dividend Daily Dividend 1098 7.18 7.34 8.01 4
4
LIC MF Large & Mid Cap Fund Regular-Growth Growth 14.54 3.08 14.71 0 4
4
LIC MF Large & Mid Cap Fund Regular-Dividend Dividend 13.36 3.08 14.71 0 4
4
LIC MF Large & Mid Cap Fund Direct-Growth Growth 15.21 5.02 16.34 0 4
4
LIC MF Large & Mid Cap Fund Direct-Dividend Dividend 14 5.02 16.34 0 4
4
LIC MF Banking & PSU Debt Fund-Growth Growth 22.26 5.16 6.58 6.81 4
4
LIC MF Banking & PSU Debt Fund-Dividend Weekly Dividend 10.09 5.16 6.58 6.81 4
4
LIC MF Banking & PSU Debt Fund-Dividend Monthly Dividend 10.1 5.16 6.58 6.81 4
4
LIC MF Banking & PSU Debt Fund-Dividend Daily Dividend 10.09 5.16 6.58 6.81 4
4
LIC MF Savings Fund-Dividend Monthly Dividend 10.18 6.41 7.23 7.67 3
3
LIC MF Savings Fund-Dividend Daily Dividend 10.16 6.41 7.23 7.67 3
3
LIC MF Liquid Fund-Growth Growth 3243.1 7.03 7.19 7.9 3
3
LIC MF Liquid Fund-Dividend Daily Dividend 1098 7.03 7.19 7.9 3
3
LIC MF Govt. Securities Fund Direct-Growth Growth 38.91 1.6 6.76 8.33 3
3
LIC MF Govt. Securities Fund Direct-Dividend Dividend 11.13 1.6 6.76 8.33 3
3
LIC MF Bond Fund-Growth Growth 45.87 -0.28 5.2 6.9 3
3
LIC MF Bond Fund-Dividend Quarterly Dividend 10.05 -0.28 5.2 6.9 3
3
LIC MF Tax Direct Plan - Growth Growth 67.81 7.74 11.25 17.98 3
3
LIC MF Tax Direct Plan - Dividend Dividend 18.62 7.74 11.25 17.98 3
3
LIC MF Savings Fund-Growth Growth 27.35 6.41 7.23 7.67 3
3
LIC MF Savings Fund-Dividend Weekly Dividend 10.25 6.41 7.23 7.67 3
3
LIC MF Large Cap Fund Direct-Growth Growth 26.46 3.23 8.76 14.7 2
2
LIC MF Large Cap Fund Direct-Dividend Dividend 19.3 3.23 8.76 14.7 2
2
LIC MF Infrastructure Fund-Growth Growth 13.28 -5.42 5.62 12.44 2
2
LIC MF Infrastructure Fund-Dividend Dividend 13.29 -5.42 5.62 12.44 2
2
LIC MF Infrastructure Fund Direct-Growth Growth 14.07 -4.09 6.96 13.67 2
2
LIC MF Infrastructure Fund Direct-Dividend Dividend 13.97 -4.09 6.96 13.67 2
2
LIC MF Index Sensex Fund-Growth Growth 68.3 13.35 11.51 12.22 2
2
LIC MF Index Sensex Fund-Dividend Dividend 23.41 13.35 11.51 12.22 2
2
LIC MF Index Sensex Fund Direct -Growth Growth 70.41 13.97 12.15 12.82 2
2
LIC MF Index Sensex Fund Direct -Dividend Dividend 23.62 13.97 12.15 12.82 2
2
LIC MF Index Nifty Fund-Growth Growth 61.36 9.44 11.37 12.8 2
2
LIC MF Index Nifty Fund-Dividend Dividend 22.63 9.44 11.37 12.8 2
2
LIC MF Index Nifty Fund Direct-Growth Growth 63.19 10.05 11.96 13.38 2
2
LIC MF Index Nifty Fund Direct-Dividend Dividend 23.28 10.05 11.96 13.38 2
2
LIC MF Govt. Securities PF Plan-Growth Growth 21.44 0.68 5.76 7.45 2
2
LIC MF Govt. Securities PF Plan-Dividend Dividend 13.88 0.68 5.76 7.45 2
2
LIC MF Govt. Securities Fund-Growth Growth 37.13 0.68 5.7 7.41 2
2
LIC MF Govt. Securities Fund-Dividend Dividend 10.7 0.68 5.7 7.41 2
2
LIC MF G-Sec Long Term Exchange Traded Fund-Growth Growth 16.82 -1.63 5.67 0 2
2
LIC MF Debt Hybrid Fund Direct-Growth Growth 54.43 3.81 6.75 7.77 2
2
LIC MF Debt Hybrid Fund Direct-Dividend Yearly Dividend 11.79 3.81 6.75 7.77 2
2
LIC MF Debt Hybrid Fund Direct-Dividend Quarterly Dividend 11.07 3.81 6.75 7.77 2
2
LIC MF Debt Hybrid Fund Direct-Dividend Monthly Dividend 10.56 3.81 6.75 7.77 2
2
LIC MF Children's Gift Fund-Dividend Dividend 17.76 11.75 6.31 11.43 2
2
LIC MF Children's Gift Fund Direct-Dividend Dividend 18.61 12.68 7.36 12.47 2
2
LIC MF Bond Fund Direct-Growth Growth 47.23 0.22 5.72 7.45 2
2
LIC MF Bond Fund Direct-Dividend Quarterly Dividend 11.41 0.22 5.72 7.45 2
2
LIC MF Banking & Financial Services Fund Regular-Growth Growth 9.97 -14.33 1.41 0 2
2
LIC MF Banking & Financial Services Fund Regular-Dividend Dividend 9.97 -14.33 1.41 0 2
2
LIC MF Tax Plan-Dividend Dividend 17.58 6.4 10.11 16.9 2
2
LIC MF Tax Plan - Growth Growth 64.28 6.4 10.11 16.9 2
2
LIC MF Multicap Fund-Growth Growth 45.71 5.55 5.73 11.63 1
1
LIC MF Multicap Fund-Dividend Dividend 14.96 5.55 5.73 11.63 1
1
LIC MF Multicap Fund Direct-Growth Growth 47.51 6.51 6.58 12.47 1
1
LIC MF Multicap Fund Direct-Dividend Dividend 18.32 6.51 6.58 12.47 1
1
LIC MF Large Cap Fund-Growth Growth 25.16 2 7.6 13.63 1
1
LIC MF Large Cap Fund-Dividend Dividend 16.95 2 7.6 13.63 1
1
LIC MF Equity Hybrid Fund-Growth Growth 96.88 3.31 5.93 9.18 1
1
LIC MF Equity Hybrid Fund-Dividend Reinvestment Dividend 13.96 3.31 5.93 9.18 1
1
LIC MF Equity Hybrid Fund-Dividend Dividend 13.96 3.31 5.93 9.18 1
1
LIC MF Equity Hybrid Fund Direct-Growth Growth 102.12 5.13 7.2 10.27 1
1
LIC MF Equity Hybrid Fund Direct-Dividend Dividend 14.78 5.13 7.2 10.27 1
1
LIC MF Debt Hybrid Fund-Growth Growth 52.22 2.91 5.83 6.95 1
1
LIC MF Debt Hybrid Fund-Dividend Yearly Dividend 11.34 2.91 5.83 6.95 1
1
LIC MF Debt Hybrid Fund-Dividend Quarterly Dividend 10.55 2.91 5.83 6.95 1
1
LIC MF Debt Hybrid Fund-Dividend Monthly Dividend 10.41 2.91 5.83 6.95 1
1
LIC MF Banking & Financial Services Fund Direct-Growth Growth 10.34 -12.94 2.61 0 1
1
LIC MF Banking & Financial Services Fund Direct-Dividend Dividend 10.32 -12.94 2.61 0 1
1
LIC MF Unit Linked Insurance Scheme Direct-Dividend Dividend 18.62 6.67 8.65 11.95 1
1
LIC MF Unit Linked Insurance Scheme Growth 17.84 5.37 7.49 11.04 1
1
LIC MF Exchange Traded Fund - Sensex -Growth Growth 381.9 15.09 0 0 0
0
LIC MF Exchange Traded Fund - Nifty 50 -Dividend Dividend 114.91 11.4 0 0 0
0
LIC MF Exchange Traded Fund - Nifty 100 -Growth Growth 117 9.61 0 0 0
0
LIC MF Dual Advantage Fixed Term Plan Series I Regular-Growth Growth 11.81 0.96 6.16 0 0
0
LIC MF Dual Advantage Fixed Term Plan Series I Regular-Dividend Dividend 11.81 0.96 6.16 0 0
0
LIC MF Dual Advantage Fixed Term Plan Series I Direct-Growth Growth 12.26 2.15 7.42 0 0
0
LIC MF Dual Advantage Fixed Term Plan Series I Direct-Dividend Dividend 12.26 2.15 7.42 0 0
0
LIC MF Dual Advantage Fixed Term Plan Series 3 Regular-Growth Growth 11.74 -0.32 0 0 0
0
LIC MF Dual Advantage Fixed Term Plan Series 3 Regular-Dividend Dividend 11.74 -0.32 0 0 0
0
LIC MF Dual Advantage Fixed Term Plan Series 3 Direct-Growth Growth 12.09 0.7 0 0 0
0
LIC MF Dual Advantage Fixed Term Plan Series 3 Direct-Dividend Dividend 12.09 0.7 0 0 0
0
LIC MF Dual Advantage Fixed Term Plan Series 2 Regular-Growth Growth 11.72 0.23 0 0 0
0
LIC MF Dual Advantage Fixed Term Plan Series 2 Regular-Dividend Dividend 11.72 0.23 0 0 0
0
LIC MF Dual Advantage Fixed Term Plan Series 2 Direct-Growth Growth 12.09 1.27 0 0 0
0
LIC MF Dual Advantage Fixed Term Plan Series 2 Direct-Dividend Dividend 12.09 1.27 0 0 0
0
LIC MF Children's Gift Fund-Growth Growth 16.62 -1.88 5.33 9.25 0
0
LIC MF Children's Gift Fund Direct-Growth Growth 17.55 -0.83 6.52 10.33 0
0

The Key Features of LIC Mutual Fund

The following are the key features of LIC Mutual Fund:

1.  Top Choice

It takes pride in being the topmost choice of the Indian mutual fund investors.

2.  Experience

Having more than 25 years of experience in the domain of mutual fund investments, LICMF became an expert in the domain.

3.  Customers’ Trust

LICMF has won the trust of its customers by providing them with the best support, guidance, and services.

Different Fund Types by LIC Mutual Fund

The following are the various types of funds offered by LIC Mutual Fund:

1.  Debt Funds

Comparatively, this is a risk-free plan, as it makes investments majorly in securities offered by the government. From the perspective of a market, they are highly reliable funds. Five debt vehicles are offered by LIC Nomura MF in the investment market.

2.  Equity Funds

Typically, these funds make investments in stocks or equities. As a result, the chance of earning greater returns is higher. The risk factor involved is in sync with the market dynamics. Under this category, LIC Nomura MF has 14 options of the asset.

3.  Exchange-Traded Funds

To a certain extent, these funds are like mutual funds. They include the way they purchase equities of various corporations. The conflict is that ETFs make sale and purchase of the funds whole day but mutual funds are bought and sold during the end of the day as per the Net Asset Value (NAV) figures. LIC Nomura G-Sec Long-term Exchange Traded Fund is the ETF offered by the company.

4.  Liquid Funds

These funds are considered as a substitute for short-term funds. These funds are a good option since investments are made in the low-risk market that has nearly zero lock-in period. LIC Nomura MF Liquid Fund is the liquid investment instrument offered by LIC Nomura MF.

5.  Interval Funds

This variant of funds is formulated to reduce the rate of interest risks involved. It does so by making the investment in a couple of fixed-income securities that mature before or on the actual maturity of the vehicle. This fund is offered in 4 variants - Interval Fund Monthly Plan, Interval Fund Quarterly Plan (Series 1), Interval Fund Annual Fund, and Interval Fund Quarterly Plan (Series 2).

6.  Fixed Maturity Funds

It is the low-risk and fixed income plan that makes the investment in the debt vehicles. Currently, LIC Nomura MF offers only one variant of this plan.

7.  CPOF (Capital Protection Oriented Funds)

These set of funds make the investment in a blend of equity and debt instruments, where debt vehicle comprises 80 percent of the total corpus. This scheme aids in eliminating the risk involved. At the same time, it provides wide exposure to the equity vehicles. Presently, five variants of Capital Protection Oriented Funds including LIC Nomura MF Capital Protection-Oriented Fund (Series1, Series 2, Series 3, Series 4, and Series 5) are offered by LIC Nomura MF.

8.  Unit Linked Insurance Scheme

It is a scheme that is open-ended and offers long-term capital gains along with free accidental insurance coverage, tax deduction as per Section 80C of the Income Tax Act, and life cover. 

Why Select LIC Mutual Fund?

Out of so many reasons, the following are the key reasons why you should go for LIC Mutual Funds.

1.  Reliability

Being a subsidiary of the India’s most respected and largest public domain corporate in India, you can rely on LICMF without any worry. 

2.  Experience

It is highly experienced in the domain of mutual funds, which helps its investors to get the best of their investments. 

3.  Network

For investors’ convenience, it has a rich network of registered branches all over India. 

4.  Tax Deduction

Investors can enjoy tax deductions for specific products offered under several sections of the Income Tax Act comprising Section 80C and Section 88. 

5.  Excellent Customer Support

It provides excellent customer support to its client(s) with the help of an established customer care network.