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The LIC Mutual Fund was incorporated in 1994 and started operating in the same year. Relatively, the fund is not large-sized, but it is certainly very stable and capable of providing constant returns over the past few years.
Its great USP is that despite its small size, the LIC Mutual Fund provides a plethora of different investment schemes.
The total assets under management of the LIC Mutual Fund have a value of 16,906 Cr as of 1 March 2021. The fund provides options for wealth creation, tax saving, regular savings, and the education of your children through the different investment schemes that it provides. These are divided into equity, debt, hybrid, ETF and index, and solution-oriented funds.
The primary shareholder of the LIC Mutual Fund is the Life Insurance Corporation of India. LIC is a government-owned insurance and investment company that is the largest insurance provider in India.
Fund | Category | Risk | 1Y Returns | Ratings | Fund size ( in Cr) |
---|---|---|---|---|---|
Money Market | Low to Moderate Risk | 6.41547 |
5
|
₹5696.7408 | |
Equity | Very High Risk | 23.96021 |
4
|
₹728.5663 | |
Equity | Very High Risk | 27.94743 |
3
|
₹105.0472 | |
Equity | Very High Risk | 27.94743 |
3
|
₹105.0472 | |
Fixed Income | Moderate Risk | 8.96338 |
3
|
₹1012.1339 | |
Equity | Very High Risk | 20.88051 |
3
|
₹593.0475 | |
Equity | Very High Risk | 27.94733 |
3
|
₹105.0472 | |
Equity | Very High Risk | 17.43924 |
2
|
₹700.3399 | |
Money Market | Low to Moderate Risk | 6.36782 |
2
|
₹5696.7408 | |
Equity | Very High Risk | 17.43924 |
2
|
₹700.3399 | |
Allocation | Very High Risk | 16.78391 |
2
|
₹13.761 | |
Equity | Very High Risk | 22.73689 |
2
|
₹64.3205 | |
Equity | Very High Risk | 22.73665 |
2
|
₹64.3205 | |
Equity | Very High Risk | 22.73689 |
2
|
₹64.3205 | |
Equity | Very High Risk | 17.43904 |
2
|
₹700.3399 | |
Allocation | Very High Risk | 14.04359 |
0
|
₹1031.0218 | |
Fixed Income | Low Risk | - |
0
|
₹40.2553 | |
Fixed Income | Low Risk | - |
0
|
₹40.2553 | |
Money Market | Low to Moderate Risk | 6.36782 |
0
|
₹5696.7408 | |
Alternative | Low Risk | 5.68459 |
0
|
₹18.2806 | |
Alternative | Low Risk | 5.68332 |
0
|
₹18.2806 | |
Alternative | Low Risk | 5.68459 |
0
|
₹18.2806 | |
Alternative | Low Risk | 5.68472 |
0
|
₹18.2806 | |
Fixed Income | Low Risk | - |
0
|
₹40.2553 | |
Allocation | Very High Risk | 14.07533 |
0
|
₹443.0583 | |
Allocation | Very High Risk | 14.07533 |
0
|
₹443.0583 | |
Allocation | Very High Risk | 14.07533 |
0
|
₹443.0583 | |
Allocation | Very High Risk | 14.07533 |
0
|
₹443.0583 | |
Allocation | Very High Risk | 14.07533 |
0
|
₹443.0583 | |
Allocation | Very High Risk | 14.07533 |
0
|
₹443.0583 | |
Allocation | Very High Risk | 14.07533 |
0
|
₹443.0583 | |
Allocation | Very High Risk | 14.07533 |
0
|
₹443.0583 | |
Allocation | Very High Risk | 14.07533 |
0
|
₹443.0583 | |
Allocation | Very High Risk | 14.07533 |
0
|
₹443.0583 | |
Money Market | Low to Moderate Risk | 3.57102 |
0
|
₹372.2967 | |
Allocation | Very High Risk | 14.07533 |
0
|
₹443.0583 | |
Money Market | Low to Moderate Risk | 6.03473 |
0
|
₹372.2967 | |
Allocation | Very High Risk | 14.07533 |
0
|
₹443.0583 | |
Money Market | Low to Moderate Risk | 2.99359 |
0
|
₹372.2967 | |
Allocation | Very High Risk | 14.07533 |
0
|
₹443.0583 | |
Money Market | Low to Moderate Risk | 3.57102 |
0
|
₹372.2967 | |
Allocation | Very High Risk | 14.07533 |
0
|
₹443.0583 | |
Money Market | Low to Moderate Risk | 6.04911 |
0
|
₹372.2967 | |
Allocation | Very High Risk | 14.07533 |
0
|
₹443.0583 | |
Allocation | Very High Risk | 14.07533 |
0
|
₹443.0583 | |
Allocation | Very High Risk | 14.07533 |
0
|
₹443.0583 | |
Allocation | Very High Risk | 14.07533 |
0
|
₹443.0583 | |
Equity | Very High Risk | 22.80137 |
0
|
₹568.9235 | |
Equity | Very High Risk | 22.8007 |
0
|
₹568.9235 | |
Equity | Very High Risk | 22.8007 |
0
|
₹568.9235 | |
Equity | Very High Risk | - |
0
|
₹568.9235 | |
Equity | Very High Risk | - |
0
|
₹568.9235 |
Life Insurance Corporation of India (LIC)
LIC Mutual Fund Trustee Company Private Limited
LIC Mutual Fund Asset Management Limited
April 20, 1989
April 24, 1989
Mr. Marzban Irani
Chief Investment Officer (CIO) - Debt
Mr. Venugopal Manghat
Head of Equity
Mr. Raj Kumar Mishra
Head of Fixed Income
Mr. Jiten Parmar
Fund Manager - Equity
Mr. Jalpan Shah
Fund Manager - Debt
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