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Fund Name
|
Ratings
|
Risk
|
3Y Returns
|
AUM
|
|
---|---|---|---|---|---|
LIC MF Infrastructure Fund Direct Plan Growth Equity Sectoral / Thematic |
Very High |
36.45% |
₹267.88 cr. |
||
LIC MF Infrastructure Fund Direct Plan IDCW Reinvestment Equity Sectoral / Thematic |
Very High |
36.24% |
₹267.88 cr. |
||
LIC MF Infrastructure Fund Direct Plan IDCW Reinvestment Equity Sectoral / Thematic |
Very High |
36.24% |
₹267.88 cr. |
||
LIC MF Small Cap Fund Direct Plan Growth Equity Small Cap Fund |
Very High |
27.64% |
₹223.18 cr. |
||
LIC MF Small Cap Fund Direct Plan IDCW Payout Equity Small Cap Fund |
Very High |
27.63% |
₹223.18 cr. |
||
LIC MF Small Cap Fund Direct Plan IDCW Reinvestment Equity Small Cap Fund |
Very High |
27.63% |
₹223.18 cr. |
||
LIC MF Dividend Yield Fund Direct Plan Growth Equity Dividend Yield Fund |
Very High |
24.28% |
₹153.08 cr. |
||
LIC MF Dividend Yield Fund Direct Plan IDCW Payout Equity Dividend Yield Fund |
Very High |
24.27% |
₹153.08 cr. |
||
LIC MF Dividend Yield Fund Direct Plan IDCW Reinvestment Equity Dividend Yield Fund |
Very High |
24.27% |
₹153.08 cr. |
||
LIC MF Nifty Next 50 Index Fund Direct Plan Growth Other Index Fund |
Very High |
22.95% |
₹80.06 cr. |
||
LIC MF Nifty Next 50 Index Fund Direct Plan IDCW Payout Other Index Fund |
Very High |
22.95% |
₹80.06 cr. |
||
LIC MF Nifty Next 50 Index Fund Direct Plan IDCW Reinvestment Other Index Fund |
Very High |
22.95% |
₹80.06 cr. |
||
LIC MF Mid Cap Fund Direct Plan Growth Equity Mid Cap Fund |
Very High |
22.69% |
₹260.04 cr. |
||
LIC MF Mid Cap Fund Direct Plan IDCW Payout Equity Mid Cap Fund |
Very High |
22.69% |
₹260.04 cr. |
||
LIC MF Mid Cap Fund Direct Plan IDCW Reinvestment Equity Mid Cap Fund |
Very High |
22.69% |
₹260.04 cr. |
||
LIC MF Large and Mid Cap Fund Direct Plan Growth Equity Large & Mid Cap Fund |
Very High |
21.59% |
₹2,738.57 cr. |
||
LIC MF Large and Mid Cap Fund Direct Plan IDCW Payout Equity Large & Mid Cap Fund |
Very High |
21.58% |
₹2,738.57 cr. |
||
LIC MF Large and Mid Cap Fund Direct Plan IDCW Reinvestment Equity Large & Mid Cap Fund |
Very High |
21.58% |
₹2,738.57 cr. |
||
LIC MF ELSS Tax Saver Direct Plan Growth Equity ELSS |
Very High |
18.46% |
₹1,049.91 cr. |
||
LIC MF Long Term Value Fund Direct Plan Growth Equity Value Fund |
Very High |
18.35% |
₹110.03 cr. |
||
LIC MF Long Term Value Fund Direct Plan IDCW Payout Equity Value Fund |
Very High |
18.33% |
₹110.03 cr. |
||
LIC MF Long Term Value Fund Direct Plan IDCW Reinvestment Equity Value Fund |
Very High |
18.33% |
₹110.03 cr. |
||
LIC MF ELSS Tax Saver Direct Plan IDCW Payout Equity ELSS |
Very High |
18.24% |
₹1,049.91 cr. |
||
LIC MF Flexi Cap Fund Direct Plan Growth Equity Flexi Cap Fund |
Very High |
17.43% |
₹975.86 cr. |
||
LIC MF Flexi Cap Fund Direct Plan IDCW Reinvestment Equity Flexi Cap Fund |
Very High |
16.47% |
₹975.86 cr. |
||
LIC MF Flexi Cap Fund Direct Plan IDCW Reinvestment Equity Flexi Cap Fund |
Very High |
16.47% |
₹975.86 cr. |
||
LIC MF Large Cap Fund Direct Plan Growth Equity Large Cap Fund |
Very High |
15.32% |
₹1,423.06 cr. |
||
LIC MF Focused 30 Equity Fund Direct Plan Growth Equity Focused Fund |
Very High |
15.3% |
₹132.03 cr. |
||
LIC MF Focused 30 Equity Fund Direct Plan IDCW Reinvestment Equity Focused Fund |
Very High |
15.29% |
₹132.03 cr. |
||
LIC MF Focused 30 Equity Fund Direct Plan IDCW Payout Equity Focused Fund |
Very High |
15.29% |
₹132.03 cr. |
||
LIC MF Nifty 50 Index Fund Direct Plan Growth Other Index Fund |
Very High |
15.08% |
₹296.05 cr. |
||
LIC MF Nifty 50 Index Fund Direct Plan IDCW Reinvestment Other Index Fund |
Very High |
15.07% |
₹296.05 cr. |
||
LIC MF Nifty 50 Index Fund Direct Plan IDCW Reinvestment Other Index Fund |
Very High |
15.07% |
₹296.05 cr. |
||
LIC MF Large Cap Fund Direct Plan IDCW Reinvestment Equity Large Cap Fund |
Very High |
14.65% |
₹1,423.06 cr. |
||
LIC MF Large Cap Fund Direct Plan IDCW Reinvestment Equity Large Cap Fund |
Very High |
14.65% |
₹1,423.06 cr. |
||
LIC MF S and P BSE Sensex Index Fund Direct Plan Growth Other Index Fund |
Very High |
14.54% |
₹78.59 cr. |
||
LIC MF S and P BSE Sensex Index Fund Direct Plan IDCW Reinvestment Other Index Fund |
Very High |
14.54% |
₹78.59 cr. |
||
LIC MF S and P BSE Sensex Index Fund Direct Plan IDCW Reinvestment Other Index Fund |
Very High |
14.54% |
₹78.59 cr. |
||
LIC MF Banking and Financial Services Fund Direct Plan IDCW Payout Equity Sectoral / Thematic |
Very High |
14.12% |
₹305.10 cr. |
||
LIC MF Banking and Financial Services Fund Direct Plan IDCW Reinvestment Equity Sectoral / Thematic |
Very High |
14.12% |
₹305.10 cr. |
||
LIC MF Gold ETF Fund of Fund Direct Plan Growth Other FoFs Domestic |
High |
13.82% |
₹53.51 cr. |
||
LIC MF Aggressive Hybrid Fund Direct Plan Growth Hybrid Aggressive Hybrid Fund |
Very High |
13.59% |
₹516.89 cr. |
||
LIC MF Aggressive Hybrid Fund Direct Plan IDCW Payout Hybrid Aggressive Hybrid Fund |
Very High |
13.31% |
₹516.89 cr. |
||
LIC MF Aggressive Hybrid Fund Direct Plan IDCW Reinvestment Hybrid Aggressive Hybrid Fund |
Very High |
13.31% |
₹516.89 cr. |
||
LIC MF Children'S Gift Fund Direct Plan Growth Solution Oriented Childrens Fund |
Very High |
13.07% |
₹15.71 cr. |
||
LIC MF Banking and Financial Services Fund Direct Plan Growth Equity Sectoral / Thematic |
Very High |
12.68% |
₹305.10 cr. |
||
LIC MF Healthcare Fund Direct Plan Growth Equity Sectoral / Thematic |
Very High |
11.11% |
₹62.26 cr. |
||
LIC MF Healthcare Fund Direct Plan IDCW Payout Equity Sectoral / Thematic |
Very High |
11.1% |
₹62.26 cr. |
||
LIC MF Healthcare Fund Direct Plan IDCW Reinvestment Equity Sectoral / Thematic |
Very High |
11.1% |
₹62.26 cr. |
||
LIC MF Equity Savings Fund Direct Plan Growth Hybrid Equity Savings |
Moderately High |
9.04% |
₹15.77 cr. |
||
LIC MF Equity Savings Fund Direct Plan Monthly Dividend Payout Hybrid Equity Savings |
Moderately High |
9.03% |
₹15.77 cr. |
||
LIC MF Equity Savings Fund Direct Plan Monthly Dividend Reinvestment Hybrid Equity Savings |
Moderately High |
9.03% |
₹15.77 cr. |
||
LIC MF Equity Savings Fund Direct Plan Quarterly Dividend Payout Hybrid Equity Savings |
Moderately High |
9.03% |
₹15.77 cr. |
||
LIC MF Equity Savings Fund Direct Plan Quarterly Dividend Reinvestment Hybrid Equity Savings |
Moderately High |
9.03% |
₹15.77 cr. |
||
LIC MF Conservative Hybrid Fund Direct Plan Yearly IDCW Reinvestment Hybrid Conservative Hybrid Fund |
Moderately High |
8.26% |
₹51.17 cr. |
||
LIC MF Conservative Hybrid Fund Direct Plan Yearly IDCW Reinvestment Hybrid Conservative Hybrid Fund |
Moderately High |
8.26% |
₹51.17 cr. |
||
LIC MF Conservative Hybrid Fund Direct Plan Growth Hybrid Conservative Hybrid Fund |
Moderately High |
6.58% |
₹51.17 cr. |
||
LIC MF Conservative Hybrid Fund Direct Plan Quarterly IDCW Reinvestment Hybrid Conservative Hybrid Fund |
Moderately High |
6.37% |
₹51.17 cr. |
||
LIC MF Conservative Hybrid Fund Direct Plan Quarterly IDCW Reinvestment Hybrid Conservative Hybrid Fund |
Moderately High |
6.37% |
₹51.17 cr. |
||
LIC MF Conservative Hybrid Fund Direct Plan Monthly IDCW Reinvestment Hybrid Conservative Hybrid Fund |
Moderately High |
6.37% |
₹51.17 cr. |
||
LIC MF Conservative Hybrid Fund Direct Plan Monthly IDCW Reinvestment Hybrid Conservative Hybrid Fund |
Moderately High |
6.37% |
₹51.17 cr. |
||
LIC MF Arbitrage Fund Direct Plan Growth Hybrid Arbitrage Fund |
Low |
6.02% |
₹212.79 cr. |
||
LIC MF Arbitrage Fund Direct Plan Monthly IDCW Payout Hybrid Arbitrage Fund |
Low |
6.02% |
₹212.79 cr. |
||
LIC MF Arbitrage Fund Direct Plan Monthly IDCW Reinvestment Hybrid Arbitrage Fund |
Low |
6.02% |
₹212.79 cr. |
||
LIC MF Liquid Fund Direct Plan Daily IDCW Reinvestment Debt Liquid Fund |
Moderately Low |
5.74% |
₹11,187.69 cr. |
||
LIC MF Liquid Fund Direct Plan Daily IDCW Reinvestment Debt Liquid Fund |
Moderately Low |
5.74% |
₹11,187.69 cr. |
||
LIC MF Liquid Fund Direct Plan Growth Debt Liquid Fund |
Moderately Low |
5.71% |
₹11,187.69 cr. |
||
LIC MF Ultra Short Duration Fund Direct Plan Growth Debt Ultra Short Duration Fund |
Low |
5.69% |
₹189.23 cr. |
||
LIC MF Low Duration Fund Direct Plan Growth Debt Low Duration Fund |
Moderately Low |
5.67% |
₹1,415.05 cr. |
||
LIC MF Short Duration Fund Direct Plan Growth Debt Short Duration Fund |
Moderate |
5.66% |
₹112.79 cr. |
||
LIC MF Low Duration Fund Direct Plan Monthly IDCW Reinvestment Debt Low Duration Fund |
Moderately Low |
5.66% |
₹1,415.05 cr. |
||
LIC MF Low Duration Fund Direct Plan Monthly IDCW Reinvestment Debt Low Duration Fund |
Moderately Low |
5.66% |
₹1,415.05 cr. |
||
LIC MF Low Duration Fund Direct Plan Weekly IDCW Payout Debt Low Duration Fund |
Moderately Low |
5.66% |
₹1,415.05 cr. |
||
LIC MF Low Duration Fund Direct Plan Weekly IDCW Reinvestment Debt Low Duration Fund |
Moderately Low |
5.66% |
₹1,415.05 cr. |
||
LIC MF Overnight Fund Direct Plan IDCW Payout Debt Overnight Fund |
Moderately Low |
5.37% |
₹394.87 cr. |
||
LIC MF Overnight Fund Direct Plan IDCW Reinvestment Debt Overnight Fund |
Moderately Low |
5.37% |
₹394.87 cr. |
||
LIC MF Overnight Fund Direct Plan Growth Debt Overnight Fund |
Moderately Low |
5.37% |
₹394.87 cr. |
||
LIC MF Low Duration Fund Direct Plan Daily IDCW Reinvestment Debt Low Duration Fund |
Moderately Low |
5.36% |
₹1,415.05 cr. |
||
LIC MF Low Duration Fund Direct Plan Daily IDCW Reinvestment Debt Low Duration Fund |
Moderately Low |
5.36% |
₹1,415.05 cr. |
||
LIC MF Banking and PSU Debt Fund Direct Plan Growth Debt Banking and PSU Fund |
Moderate |
5.36% |
₹1,361.79 cr. |
||
LIC MF Banking and PSU Debt Fund Direct Plan Monthly IDCW Reinvestment Debt Banking and PSU Fund |
Moderate |
5.36% |
₹1,361.79 cr. |
||
LIC MF Banking and PSU Debt Fund Direct Plan Monthly IDCW Reinvestment Debt Banking and PSU Fund |
Moderate |
5.36% |
₹1,361.79 cr. |
||
LIC MF Banking and PSU Debt Fund Direct Plan Daily IDCW Reinvestment Debt Banking and PSU Fund |
Moderate |
5.36% |
₹1,361.79 cr. |
||
LIC MF Banking and PSU Debt Fund Direct Plan Daily IDCW Reinvestment Debt Banking and PSU Fund |
Moderate |
5.36% |
₹1,361.79 cr. |
||
LIC MF Ultra Short Duration Fund Direct Plan Monthly IDCW Reinvestment Debt Ultra Short Duration Fund |
Low |
5.34% |
₹189.23 cr. |
||
LIC MF Ultra Short Duration Fund Direct Plan Monthly IDCW Payout Debt Ultra Short Duration Fund |
Low |
5.34% |
₹189.23 cr. |
||
LIC MF Short Duration Fund Direct Plan IDCW Payout Debt Short Duration Fund |
Moderate |
5.31% |
₹112.79 cr. |
||
LIC MF Short Duration Fund Direct Plan IDCW Reinvestment Debt Short Duration Fund |
Moderate |
5.31% |
₹112.79 cr. |
||
LIC MF Medium To Long Duration Bond Fund Direct Plan Growth Debt Medium to Long Duration Fund |
Moderate |
5.31% |
₹170.69 cr. |
||
LIC MF Medium To Long Duration Bond Fund Direct Plan IDCW Payout Debt Medium to Long Duration Fund |
Moderate |
5.3% |
₹170.69 cr. |
||
LIC MF Medium To Long Duration Bond Fund Direct Plan IDCW Reinvestment Debt Medium to Long Duration Fund |
Moderate |
5.3% |
₹170.69 cr. |
||
LIC MF Banking and PSU Debt Fund Direct Plan Weekly IDCW Reinvestment Debt Banking and PSU Fund |
Moderate |
5.28% |
₹1,361.79 cr. |
||
LIC MF Banking and PSU Debt Fund Direct Plan Weekly IDCW Reinvestment Debt Banking and PSU Fund |
Moderate |
5.28% |
₹1,361.79 cr. |
||
LIC MF Gilt Fund Direct Plan Growth Debt Gilt Fund |
Moderately Low |
5.07% |
₹46.82 cr. |
||
LIC MF Gilt Fund Direct Plan IDCW Reinvestment Debt Gilt Fund |
Moderately Low |
5.05% |
₹46.82 cr. |
||
LIC MF Gilt Fund Direct Plan IDCW Reinvestment Debt Gilt Fund |
Moderately Low |
5.05% |
₹46.82 cr. |
||
LIC MF Liquid Fund Direct Plan Monthly IDCW Reinvestment Debt Liquid Fund |
Moderately Low |
0% |
₹11,187.69 cr. |
||
LIC MF Liquid Fund Direct Plan Weekly IDCW Payout Debt Liquid Fund |
Moderately Low |
0% |
₹11,187.69 cr. |
||
LIC MF Liquid Fund Direct Plan Weekly IDCW Reinvestment Debt Liquid Fund |
Moderately Low |
0% |
₹11,187.69 cr. |
||
LIC MF Balanced Advantage Fund Direct Plan Growth Hybrid Dynamic Asset Allocation or Balanced Advantage |
Very High |
0% |
₹886.14 cr. |
||
LIC MF Balanced Advantage Fund Direct Plan IDCW Payout Hybrid Dynamic Asset Allocation or Balanced Advantage |
Very High |
0% |
₹886.14 cr. |
||
LIC MF Balanced Advantage Fund Direct Plan IDCW Reinvestment Hybrid Dynamic Asset Allocation or Balanced Advantage |
Very High |
0% |
₹886.14 cr. |
||
LIC MF Short Duration Fund Direct Plan Monthly IDCW Payout Debt Short Duration Fund |
Moderate |
0% |
₹112.79 cr. |
||
LIC MF Short Duration Fund Direct Plan Weekly IDCW Reinvestment Debt Short Duration Fund |
Moderate |
0% |
₹112.79 cr. |
||
LIC MF Money Market Fund Direct Growth Debt Money Market Fund |
Moderately Low |
0% |
₹20.44 cr. |
||
LIC MF Medium To Long Duration Bond Fund Direct Plan Quarterly Dividend Payout Debt Medium to Long Duration Fund |
Moderate |
0% |
₹170.69 cr. |
||
LIC MF Money Market Fund Direct IDCW Payout Debt Money Market Fund |
Moderately Low |
0% |
₹20.44 cr. |
||
LIC MF Medium To Long Duration Bond Fund Direct Plan Annual IDCW Payout Debt Medium to Long Duration Fund |
Moderate |
0% |
₹170.69 cr. |
||
LIC MF Short Duration Fund Direct Plan Monthly IDCW Reinvestment Debt Short Duration Fund |
Moderate |
0% |
₹112.79 cr. |
||
LIC MF Money Market Fund Direct IDCW Reinvestment Debt Money Market Fund |
Moderately Low |
0% |
₹20.44 cr. |
||
LIC MF Liquid Fund Direct Plan Monthly IDCW Payout Debt Liquid Fund |
Moderately Low |
0% |
₹11,187.69 cr. |
||
LIC MF Multi Cap Fund Direct Growth Equity Multi Cap Fund |
Very High |
0% |
₹1,006.55 cr. |
||
LIC MF Medium To Long Duration Bond Fund Direct Plan Annual IDCW Reinvestment Debt Medium to Long Duration Fund |
Moderate |
0% |
₹170.69 cr. |
||
LIC MF Multi Cap Fund Direct IDCW Payout Equity Multi Cap Fund |
Very High |
0% |
₹1,006.55 cr. |
||
LIC MF Multi Cap Fund Direct IDCW Reinvestment Equity Multi Cap Fund |
Very High |
0% |
₹1,006.55 cr. |
||
LIC MF Short Duration Fund Direct Plan Weekly IDCW Payout Debt Short Duration Fund |
Moderate |
0% |
₹112.79 cr. |
||
LIC MF Medium To Long Duration Bond Fund Direct Plan Quarterly Dividend Reinvestment Debt Medium to Long Duration Fund |
Moderate |
0% |
₹170.69 cr. |
LIC or the Life Insurance Corporation of India is one of the most trusted financial organisations in the country. In recent times, the company has been in the news for the partial sale of its stake to private players. Although most famous in the insurance sector, it has only a moderate presence in the mutual fund market. However, its management team has in recent years decided to expand the fund and has declared its goal to reach an AUM of ₹1 lakh crore by FY27.
LIC Mutual Fund, which has an AUM of ₹25,104 crores, offers 38 schemes in a variety of categories, including 16 equity, 11 debt, and 4 hybrid mutual funds. Learn about the details of the LIC MF programme, compare historical results, and invest in the best LIC mutual funds. Consider investing in mutual fund plans that match your investment goals, risk tolerance, and fund alternatives.
Given the huge amount of trust it enjoys among retail investors and the years of experience they have in the financial markets, LIC is one of the most interesting players in the mutual fund market as of now.
Founding date | April 20, 1994 |
AMC incorporation date | April 20, 1994 |
Headquarters in | Churchgate, Mumbai |
Name of the sponsors | Life Insurance Corporation of India |
Trustee organisation | LIC Mutual Fund Trustee Private Limited |
MD and CEO | Mr. Raj Kumar |
Chief investment officer | Mr. Marzban Irani |
Compliance officer | Mr. Mayank Arora |
RS
Rahul Singh
Fund Manager since Sep 2015 (9 years)
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Rahul Singh did his MBA from Indian Institute of Management, Ahmedabad. Before joining LIC Asset Managers, he worked at Ashika Capital Ltd and AXA Investment Managers. Currently, he is the VP and Senior Fund Manager - Fixed Income at LIC Asset Managers.
YP
Yogesh Patil
Fund Manager since Mar 2013 (11 years)
View Details
Yogesh Patil did his MBA (Finance) from Symbiosis Institute of Business Management, Pune. He worked at various firms including Sahara Mutual Fund, Canara Robeco Asset Management Company before joining LIC Mutual Fund. Currently, he is the Chief Investment Officer(Equity).
MI
Marzban Irani
Fund Manager since Aug 2016 (8 years)
View Details
Marzban Irani did his PGDBM from Chetna's Institute of Management & Research, Mumbai. Before joining LIC Mutual Fund as a Chief Investment Officer - Debt, he worked at various firms including Mirae Asset Global Investments, PNB MetLife India Insurance and TATA Asset Management.
KD
Karan Desai
Fund Manager since Oct 2018 (6 years)
RP
Rupali Pandit
Fund Manager since Oct 2018 (6 years)
BK
Bhupesh Kalyani
Fund Manager since Feb 2017 (7 years)
RS
Raju Sharma
Fund Manager since May 2017 (7 years)
AR
Alok Ranjan
Fund Manager since Feb 2019 (5 years)
Investing in the LIC Mutual Fund can be easy if you use your Angel One account. All you need to do is follow these steps:
Step 1: Log in to your Angel One account by entering your mobile number and validating the OTP. If you do not have an account with Angel One, you can open a demat account in a few minutes by submitting the required documents. Next, enter your MPIN.
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Step 3: Once you have selected the fund(s) you want to invest in, open your Angel One account, go to the Mutual Funds section, and search for the chosen fund.
Decide whether you want to invest through a lump sum or monthly SIP. Enter the amount you want to invest and choose your preferred payment method, with UPI being the recommended option. If you choose the SIP route, you can set up a mandate for future instalments. Finally, place your order and complete the transaction.
Remember to be careful when choosing the fund(s) as this can be a long-term investment.
You can learn more about each fund on the Angel One app.
Investing in LIC Mutual Funds through Angel One is a streamlined and entirely digital process, ensuring a hassle-free investment experience. To initiate your investment journey, it is imperative to complete the KYC process, for which you’ll need to furnish the following essential documents:
Angel One simplifies the KYC verification process, granting you swift and efficient access to LIC Mutual Funds, whether you’re a new or returning investor. Our user-friendly platform is designed to make your financial goals attainable. You can anticipate your KYC verification to be finalized in just 48-72 business hours, paving the way for you to embark on your mutual fund journey.
Name of the Fund | Sub Category | AUM (₹in crore) | Minimum Investment (₹) | CAGR 3Y (%) | CAGR 5Y (%) |
LIC MF Small Cap Fund | Small Cap Fund | 170.59 | 5,000 | 35.85 | 20.6 |
LIC MF Infra Fund | Sectoral Fund – Infrastructure | 116.11 | 1,000 | 35.84 | 19.9 |
LIC MF Banking & Financial Services Fund | Sectoral Fund – Banks & Financial Services | 284.1 | 3,000 | 26.3 | 14.59 |
LIC MF Midcap Fund | Mid Cap Fund | 206.28 | 5,000 | 24.15 | 15.32 |
LIC MF Long Term Value Fund | Value Fund | 96.11 | 1,000 | 23.12 | 13.96 |
LIC MF Large & Midcap Fund | Large & Mid Cap Fund | 2197.93 | 1,000 | 22.35 | 16.33 |
LIC MF Dividend Yield Fund | Dividend Yield Fund | 89.82 | 5,000 | 21.82 | – |
LIC MF ELSS | Equity Linked Savings Scheme (ELSS) | 955.94 | 500 | 21.39 | 14.52 |
LIC MF Focused 30 Equity Fund | Focused Fund | 128.72 | 5,000 | 20.49 | 13.27 |
LIC MF Nifty 50 Index Fund | Index Fund | 225.28 | 5,000 | 20.41 | 13.18 |
**All data as of October 4, 2023.
Selection Criteria: The funds chosen have demonstrated the highest Compound Annual Growth Rate (CAGR) over the past 3 years.
This fund is categorised as a small cap fund, which primarily focuses on investing in stocks of small-cap companies. It currently manages Assets Under Management (AUM) of ₹170.59 crore. The expense ratio for this fund is 1.53%, indicating the annual expenses incurred by investors. Over the past 3 years, it has shown an average compound annual growth rate (CAGR) of 35.85%. The minimum investment amount for this fund is ₹5000.
LIC MF Infra Fund falls under the Sectoral Fund – Infrastructure category, focusing on investments in infrastructure-related sectors. The AUM for this fund is ₹116.11 crore, with an expense ratio of 1.47%. Over a 3-year period, it has delivered a CAGR of 35.84%. The minimum investment requirement for this fund is ₹1,000.
Categorised as a Sectoral Fund – Banks & Financial Services, this fund concentrates on investments in the banking and financial sectors. It manages an AUM of ₹284.1 crore and has an expense ratio of 1.54%. Over the last 3 years, it has provided an average CAGR of 26.3%. The minimum investment amount for this fund is ₹3,000.
LIC MF Midcap Fund operates as a mid cap fund, focusing on mid-sized companies’ stocks. With an AUM of ₹206.28 crore and an expense ratio of 1.58%, it has delivered a 3-year CAGR of 24.15%. The minimum investment threshold for this fund is ₹5,000.
This is a value fund aiming to invest in undervalued stocks for the long term. It manages an AUM of ₹96.11 crore and has an expense ratio of 1.62%. Over the past 3 years, it has shown a CAGR of 23.12%. The minimum investment amount for this fund is ₹1,000.
Falling under the large and mid cap fund category, this fund invests in both large and mid-sized company stocks. It manages an AUM of ₹2197.93 crore and has an expense ratio of 0.81%. Over a 3-year period, it has provided an average CAGR of 22.35%. The minimum investment required for this fund is ₹1,000.
This is a dividend yield fund, which focuses on stocks with a history of paying dividends. It manages an AUM of ₹89.82 crore and has an expense ratio of 1.45%. Over the last 3 years, it has delivered an average CAGR of 21.82%. The minimum investment amount for this fund is ₹5,000.
LIC MF ELSS is an Equity Linked Savings Scheme (ELSS) designed for tax-saving purposes. It manages an AUM of ₹955.94 crore and has an expense ratio of 1.29%. Over a 3-year period, it has shown an average CAGR of 21.39%. The minimum investment required for this fund is ₹500.
This is a focused fund that concentrates its investments in a limited number of carefully selected stocks. It manages an AUM of ₹128.72 crore and has an expense ratio of 1.57%. Over the past 3 years, it has provided an average CAGR of 20.49%. The minimum investment amount for this fund is ₹5,000.
LIC MF Nifty 50 Index Fund operates as an Index Fund, closely mirroring the performance of the Nifty 50 index. It manages an AUM of ₹225.28 crore and has an exceptionally low expense ratio of 0.2%. Over a 3-year period, it has delivered an average CAGR of 20.41%. The minimum investment required for this fund is ₹5,000.