LIC SIP Plan

Investing for your future is no longer optional—it's essential. Among the many financial products available, SIPs (Systematic Investment Plans) offer a disciplined way to build wealth over time. While most people associate SIPs with mutual funds, LIC (Life Insurance Corporation of India) also offers SIP-like investment options that cater to long-term financial goals with the added benefit of life insurance coverage. Here's everything you need to know about LIC SIP Plans.

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SIP Plan Benefits
Start SIP with as low as ₹1000
Start SIP with as low as ₹1000
No hidden charges
No hidden charges
Save upto ₹46,800 in Tax
Save upto ₹46,800 in Taxunder section 80C^
Zero LTCG Tax
Zero LTCG Tax
Disciplined & worry-free investing
Disciplined & worry-free investing

Payment Mode
Invest
₹ 10,000
Invest for
AUM (Cr)

₹11,792

NAV

119.64

Estimated Value

After 5 years After 7 years After 10 years
Returns (p.a.)

+ 28.04 22.85 19.37 %

Instant tax receipt
AUM (Cr)

₹2,722

NAV

75.41

Estimated Value

After 5 years After 7 years After 10 years
Returns (p.a.)

+ 19.05 17.95 15.93 %

Instant tax receipt
AUM (Cr)

₹3,366

NAV

71.98

Estimated Value

After 5 years After 7 years After 10 years
Returns (p.a.)

+ 19.85 17.78 15.62 %

Instant tax receipt
AUM (Cr)

₹36,970

NAV

79.33

Estimated Value

After 5 years After 7 years After 10 years
Returns (p.a.)

+ 20.69 16.54 15.06 %

Instant tax receipt
AUM (Cr)

₹440

NAV

71.12

Estimated Value

After 5 years After 7 years After 10 years
Returns (p.a.)

+ 16.45 15.55 14.97 %

Instant tax receipt
AUM (Cr)

₹4,690

NAV

71.5

Estimated Value

After 5 years After 7 years After 10 years
Returns (p.a.)

+ 19.06 16.72 14.75 %

Instant tax receipt
AUM (Cr)

₹5,748

NAV

83.62

Estimated Value

After 5 years After 7 years After 10 years
Returns (p.a.)

+ 20.04 14.58 14.74 %

Instant tax receipt
AUM (Cr)

₹239

NAV

51.73

Estimated Value

After 5 years After 7 years After 10 years
Returns (p.a.)

+ 19.17 16.62 14.42 %

Instant tax receipt
AUM (Cr)

₹3,677

NAV

42.97

Estimated Value

After 5 years After 7 years After 10 years
Returns (p.a.)

+ 15.99 14.87 14.4 %

Instant tax receipt
AUM (Cr)

₹113

NAV

58.47

Estimated Value

After 5 years After 7 years After 10 years
Returns (p.a.)

+ 18.59 16.37 14.2 %

Instant tax receipt
AUM (Cr)

₹2,722

NAV

75.41

Estimated Value

After 5 years After 7 years After 10 years
Returns (p.a.)

+ 19.05 17.95 15.93 %

AUM (Cr)

₹3,366

NAV

71.98

Estimated Value

After 5 years After 7 years After 10 years
Returns (p.a.)

+ 19.85 17.78 15.62 %

AUM (Cr)

₹440

NAV

71.12

Estimated Value

After 5 years After 7 years After 10 years
Returns (p.a.)

+ 16.45 15.55 14.97 %

AUM (Cr)

₹4,690

NAV

71.5

Estimated Value

After 5 years After 7 years After 10 years
Returns (p.a.)

+ 19.06 16.72 14.75 %

AUM (Cr)

₹239

NAV

51.73

Estimated Value

After 5 years After 7 years After 10 years
Returns (p.a.)

+ 19.17 16.62 14.42 %

AUM (Cr)

₹3,677

NAV

42.97

Estimated Value

After 5 years After 7 years After 10 years
Returns (p.a.)

+ 15.99 14.87 14.4 %

AUM (Cr)

₹113

NAV

58.47

Estimated Value

After 5 years After 7 years After 10 years
Returns (p.a.)

+ 18.59 16.37 14.2 %

AUM (Cr)

₹7,449

NAV

157.46

Estimated Value

After 5 years After 7 years After 10 years
Returns (p.a.)

+ 16.96 14.78 13.84 %

AUM (Cr)

₹13,086

NAV

85.04

Estimated Value

After 5 years After 7 years After 10 years
Returns (p.a.)

+ 16.12 14.31 13.61 %

AUM (Cr)

₹2,189

NAV

68.66

Estimated Value

After 5 years After 7 years After 10 years
Returns (p.a.)

+ 14.68 14.1 13.08 %

AUM (Cr)

₹11,792

NAV

119.64

Estimated Value

After 5 years After 7 years After 10 years
Returns (p.a.)

+ 28.04 22.85 19.37 %

AUM (Cr)

₹36,970

NAV

79.33

Estimated Value

After 5 years After 7 years After 10 years
Returns (p.a.)

+ 20.69 16.54 15.06 %

AUM (Cr)

₹5,748

NAV

83.62

Estimated Value

After 5 years After 7 years After 10 years
Returns (p.a.)

+ 20.04 14.58 14.74 %

AUM (Cr)

₹9,302

NAV

65.35

Estimated Value

After 5 years After 7 years After 10 years
Returns (p.a.)

+ 24.13 22.76 21.05 %

AUM (Cr)

₹1,037

NAV

74.98

Estimated Value

After 5 years After 7 years After 10 years
Returns (p.a.)

+ 18.13 16.25 15.15 %

AUM (Cr)

₹13,897

NAV

71.69

Estimated Value

After 5 years After 7 years After 10 years
Returns (p.a.)

+ 17.45 15.46 13.83 %

AUM (Cr)

₹3,553

NAV

62.16

Estimated Value

After 5 years After 7 years After 10 years
Returns (p.a.)

+ 18.27 15.31 13.34 %

AUM (Cr)

₹1,143

NAV

56.52

Estimated Value

After 5 years After 7 years After 10 years
Returns (p.a.)

+ 17.93 15.03 13.23 %

AUM (Cr)

₹541

NAV

59.17

Estimated Value

After 5 years After 7 years After 10 years
Returns (p.a.)

+ 15.81 13.82 11.95 %

AUM (Cr)

₹269

NAV

29.08

Estimated Value

After 5 years After 7 years After 10 years
Returns (p.a.)

+ 10.14 11.19 11.17 %

AUM (Cr)

₹826

NAV

41

Estimated Value

After 5 years After 7 years After 10 years
Returns (p.a.)

+ 5.86 7.61 7.58 %

AUM (Cr)

₹480

NAV

38.64

Estimated Value

After 5 years After 7 years After 10 years
Returns (p.a.)

+ 5.55 7.79 7.4 %

AUM (Cr)

₹121

NAV

29.85

Estimated Value

After 5 years After 7 years After 10 years
Returns (p.a.)

+ 5.97 7.08 7.14 %

AUM (Cr)

₹77

NAV

41.38

Estimated Value

After 5 years After 7 years After 10 years
Returns (p.a.)

+ 5.51 7.18 7.11 %

AUM (Cr)

₹187

NAV

47.2

Estimated Value

After 5 years After 7 years After 10 years
Returns (p.a.)

+ 4.81 6.92 6.96 %

AUM (Cr)

₹18,375

NAV

50.25

Estimated Value

After 5 years After 7 years After 10 years
Returns (p.a.)

+ 5.41 7.1 6.93 %

AUM (Cr)

₹91

NAV

39.15

Estimated Value

After 5 years After 7 years After 10 years
Returns (p.a.)

+ 5.37 7.22 6.92 %

AUM (Cr)

₹1,031

NAV

46.77

Estimated Value

After 5 years After 7 years After 10 years
Returns (p.a.)

+ 5.76 7 6.82 %

AUM (Cr)

₹1,686

NAV

43.83

Estimated Value

After 5 years After 7 years After 10 years
Returns (p.a.)

+ 5.37 6.75 6.77 %

AUM (Cr)

₹917

NAV

102.12

Estimated Value

After 5 years After 7 years After 10 years
Returns (p.a.)

+ 18.67 17.43 15.84 %

AUM (Cr)

₹365

NAV

49.02

Estimated Value

After 5 years After 7 years After 10 years
Returns (p.a.)

+ 12.54 11.92 10.87 %

AUM (Cr)

₹5,496

NAV

40.89

Estimated Value

After 5 years After 7 years After 10 years
Returns (p.a.)

+ 11.48 11.04 10.45 %

AUM (Cr)

₹67

NAV

61.64

Estimated Value

After 5 years After 7 years After 10 years
Returns (p.a.)

+ 10.43 10.49 10.36 %

AUM (Cr)

₹485

NAV

105.24

Estimated Value

After 5 years After 7 years After 10 years
Returns (p.a.)

+ 10.57 10.67 10.3 %

AUM (Cr)

₹22,457

NAV

74.5

Estimated Value

After 5 years After 7 years After 10 years
Returns (p.a.)

+ 10.3 10.64 10.23 %

AUM (Cr)

₹281

NAV

32.29

Estimated Value

After 5 years After 7 years After 10 years
Returns (p.a.)

+ 11.43 10.66 10.14 %

AUM (Cr)

₹833

NAV

40.22

Estimated Value

After 5 years After 7 years After 10 years
Returns (p.a.)

+ 11.56 11 10.11 %

AUM (Cr)

₹7,453

NAV

112.23

Estimated Value

After 5 years After 7 years After 10 years
Returns (p.a.)

+ 11.2 10.75 10.03 %

AUM (Cr)

₹1,935

NAV

44.42

Estimated Value

After 5 years After 7 years After 10 years
Returns (p.a.)

+ 12.16 10.72 9.85 %

AUM (Cr)

₹1,295

NAV

81.24

Estimated Value

After 5 years After 7 years After 10 years
Returns (p.a.)

+ 18.4 15.02 13.82 %

AUM (Cr)

₹7,238

NAV

156.62

Estimated Value

After 5 years After 7 years After 10 years
Returns (p.a.)

+ 17.81 14.65 13.62 %

AUM (Cr)

₹2,922

NAV

70.8

Estimated Value

After 5 years After 7 years After 10 years
Returns (p.a.)

+ 17.76 14.72 13.34 %

View More

List of LIC SIP Plan 

SIP Plans  5 Year Return  10 Year Return 
LIC MF Midcap Fund Direct Growth 26.73% NA
LIC MF Large Cap Fund Growth 17.64% 10.55%
LIC MF ELSS Tax Saver -Direct Plan Growth Option 22.55% 13.14%
LIC MF Aggressive Hybrid Fund Direct Plan Growth Option 16.47% 10.12%
LIC MF Small Cap Fund Regular Growth 31.69% NA

What is an LIC SIP Plan?

An LIC SIP Plan is not a traditional SIP in mutual funds but rather a mode of regular premium payment into LIC's insurance-cum-investment plans. You invest a fixed amount regularly (monthly or quarterly), and in return, you not only build a savings corpus but also secure life cover. It offers the twin benefits of disciplined investing and financial protection.

  • Insurance Companies
  • Mutual Funds
Returns
Fund Name 5 Years 7 Years 10 Years
Equity Pension SBI Life
Rating
16.34% 13.97%
13.08%
View Plan
Opportunities Fund HDFC Life
Rating
20.69% 16.54%
15.06%
View Plan
High Growth Fund Axis Max Life
Rating
28.04% 22.85%
19.37%
View Plan
Opportunities Fund ICICI Prudential Life
Rating
18.27% 15.31%
13.34%
View Plan
Multi Cap Fund Tata AIA Life
Rating
24.13% 22.76%
21.05%
View Plan
Accelerator Mid-Cap Fund II Bajaj Life
Rating
20.04% 14.58%
14.74%
View Plan
Multiplier Birla Sun Life
Rating
22.26% 17%
16.2%
View Plan
Pension Mid Cap Fund PNB MetLife
Rating
31.41% 24.68%
18.41%
View Plan
Equity II Fund Canara HSBC Life
Rating
14.83% 12.09%
11.27%
View Plan
US Equity Fund Star Union Dai-ichi Life
Rating
16.95% -
14.82%
View Plan
Fund rating powered by
Last updated: Oct 2025
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  Returns
Fund Name 3 Years 5 Years 10 Years
Active Fund QUANT 23.92% 31.48%
21.87%
Flexi Cap Fund PARAG PARIKH 20.69% 26.41%
19.28%
Large and Mid-Cap Fund EDELWEISS 22.34% 24.29%
17.94%
Equity Opportunities Fund KOTAK 24.64% 25.01%
19.45%
Large and Midcap Fund MIRAE ASSET 19.74% 24.32%
22.50%
Flexi Cap Fund PGIM INDIA 14.75% 23.39%
-
Flexi Cap Fund DSP 18.41% 22.33%
16.91%
Emerging Equities Fund CANARA ROBECO 20.05% 21.80%
15.92%
Focused fund SUNDARAM 18.27% 18.22%
16.55%

Last updated: August 2025

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Buying the Dip Results in Higher ReturnsBuying the Dip Results in Higher Returns

Benefits of LIC SIP Plans

  • Life Insurance Coverage: Every investment comes with a life cover, offering financial security to your loved ones.

  • Disciplined Savings: SIPs promote a habit of regular savings.

  • Long-Term Wealth Creation: Ideal for goals like children’s education, marriage, or retirement.

  • Tax Benefits: Premiums paid are eligible for tax deductions under Section 80C.

  • Low Risk: Backed by the Government of India, LIC plans are among the safest investment options.

Popular LIC SIP Plans Table

Plan Name Policy Term Life Cover Included Maturity Benefit Tax Benefits
LIC New Endowment Plan 12 to 35 years Yes Lump sum on maturity Yes (Sec 80C)
LIC Jeevan Labh 16, 21, 25 years Yes Sum assured + Bonus Yes (Sec 80C)
LIC Jeevan Anand 15 to 35 years Yes Lifetime risk cover + maturity sum Yes (Sec 80C)
LIC Tech-Term Plan 10 to 40 years Yes Pure term cover (no maturity benefit) Yes (Sec 80C)
LIC SIIP (ULIP-based) 10 to 25 years Yes Market-linked returns + life cover Yes (Sec 80C)

SIP Calculator

I want to invest Pro Tip
Financial experts suggest that a person should invest 10-15% of their monthly income for long-term financial growth
/Month
I want to invest for Pro Tip
Financial experts suggest that individuals should ideally invest for a period of 5 to 10 years, or even longer, to maximize the benefits of compounding and navigate market fluctuations effectively
Years
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Expected return Pro Tip
Top 25% of investors consistently generate more than 12% return
% Annually
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Total Wealth ₹1.03 Cr
View Plans
I want to save
I want to invest for Pro Tip
Financial experts suggest that individuals should ideally invest for a period of 5 to 10 years, or even longer, to maximize the benefits of compounding and navigate market fluctuations effectively
Years
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Expected return Pro Tip
Top 25% of investors consistently generate more than 12% return
% Annually
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Monthly Investment ₹22.4 L
View Plans
Top Funds with High Returns (Past 7 Years)
Equity Pension
13.08%
Equity Pension
Global Equity Index Funds Strategy
15.49%
Global Equity Index Funds Strategy
High Growth Fund
19.37%
High Growth Fund
Opportunities Fund
13.34%
Opportunities Fund
Multi Cap Fund
21.05%
Multi Cap Fund
Accelerator Mid-Cap Fund II
14.74%
Accelerator Mid-Cap Fund II
Multiplier
16.2%
Multiplier
Frontline Equity Fund
14.75%
Frontline Equity Fund
Pension Mid Cap Fund
18.41%
Pension Mid Cap Fund
Equity II Fund
11.27%
Equity II Fund
US Equity Fund
14.82%
US Equity Fund
Growth Opportunities Plus Fund
15.15%
Growth Opportunities Plus Fund
Equity Top 250 Fund
11.95%
Equity Top 250 Fund
Future Apex Fund
14.2%
Future Apex Fund
Pension Dynamic Equity Fund
12.02%
Pension Dynamic Equity Fund
Accelerator Fund
14.42%
Accelerator Fund

How to Start an LIC SIP Plan

  • Choose a Plan: Select a plan based on your financial goals and risk appetite.

  • Decide Investment Amount: Set a comfortable monthly/quarterly investment amount.

  • Visit LIC Website/Agent: Apply online or through an LIC agent.

  • Complete KYC: Submit documents like PAN, Aadhaar, and address proof.

  • Start Investing: Make your first premium payment and track regularly.

Start An Sip Today Watch Your Money Grow Start An Sip Today Watch Your Money Grow

Who Should Invest in LIC SIP Plans?

  • First-time investors looking for low-risk options.

  • Salaried individuals seeking tax savings and insurance.

  • Parents planning for children’s future.

  • Anyone aiming for disciplined long-term wealth accumulation.

Conclusion

LIC SIP Plans offer a unique blend of investment and insurance. While the returns may not match high-risk instruments like equity mutual funds, they provide unmatched safety and stability. For anyone looking to build a secure financial future with regular investments and insurance protection, LIC SIP Plans are a reliable choice.

FAQs

  • Is LIC SIP the same as mutual fund SIP?

    No. LIC SIP involves regular premium payments into insurance plans, while mutual fund SIPs invest in market securities.
  • Can I withdraw my money early?

    Most LIC plans have a lock-in of 3-5 years. Early withdrawal may attract penalties.
  • Is the LIC SIP Plan safe?

    Yes. LIC is government-backed and offers guaranteed returns in many of its traditional plans.
  • Can I increase the SIP amount later?

    In most plans, the premium amount is fixed. You may need to buy a new policy to invest more.
  • Are there any online tools to calculate returns?

    Yes. LIC and various financial portals provide online calculators to estimate maturity amounts.

SIP Hub

˜The insurers/plans mentioned are arranged in order of highest to lowest first year premium (sum of individual single premium and individual non-single premium) offered by Policybazaar’s insurer partners offering life insurance investment plans on our platform, as per ‘first year premium of life insurers as at 31.03.2025 report’ published by IRDAI. Policybazaar does not endorse, rate or recommend any particular insurer or insurance product offered by any insurer. For complete list of insurers in India refer to the IRDAI website www.irdai.gov.in
Disclaimer:#The investment risk in the portfolio is borne by the policyholder. Life insurance is available in this product. The maturity amount of Rs 1 Cr. is for a 30 year old healthy individual investing Rs 10,000/- per month for 30 years, with assumed rates of returns @ 8% p.a. that is not guaranteed and is not the upper or lower limits as the value of your policy depends on a number of factors including future investment performance. In Unit Linked Insurance Plans, the investment risk in the investment portfolio is borne by the policyholder and the returns are not guaranteed. Maturity Value: ₹1,05,02,174 @ CAGR 8%; ₹50,45,591 @ CAGR 4%. All SIPs listed here are of insurance companies’ funds. The tax benefits under Section 80C allow a deduction of up to ₹1.5 lakhs from the taxable income per year and 10(10D) tax benefits are for investments made up to ₹2.5 Lakhs/ year for policies bought after 1 Feb 2021. Tax benefits and savings are subject to changes in tax laws.
*All savings are provided by the insurer as per the IRDAI approved insurance plan. Standard T&C Apply
^The tax benefits under Section 80C allow a deduction of up to ₹1.5 lakhs from the taxable income per year and 10(10D) tax benefits are for investments made up to ₹2.5 Lakhs/ year for policies bought after 1 Feb 2021. Tax benefits and savings are subject to changes in tax laws.
¶Long-term capital gains (LTCG) tax (12.5%) is exempted on annual premiums up to 2.5 lacs.
++Source - Google Review Rating available on:- http://bit.ly/3J20bXZ
^^The information relating to mutual funds presented in this article is for educational purpose only and is not meant for sale. Investment is subject to market risks and the risk is borne by the investor. Please consult your financial advisor before planning your investments.
**Returns are based on past 10 years’ fund performance data (Fund Data Source: Value Research).

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