The world's largest life insurer, LIC of India, founded LIC Mutual Fund on April 20, 1989. The largest stakeholder of LIC Mutual Fund Asset Management is LIC Of India at 45%. Other notable AMC stakeholders include LIC Housing Finance (39.30%), GIC Housing Finance (11.70%), and Union Bank of India (4%).
The fund firm has managed investors' money for approximately 30 years since SEBI registered it in 1994. By August 2024, its AUM was Rs 32,820 crores, 0.52% of the industry's. Investors can choose from 39 LIC Mutual Fund strategies. These include 20 equity, 10 debt, 7 hybrid, and 2 other schemes. Popular schemes from LIC MF include Liquid Fund, Large & Midcap Fund, and Banking & PSU Debt Fund.
How to Invest in LIC Mutual Fund on Swaraj Finpro.
Investing in LIC Mutual Fund online is a convenient process and you can do so by following the few simple steps mentioned below:
Step 1. Log-in to your Swaraj Finpro account or register if you don’t have one.
Step 2. Upload your identity proof documents (Aadhaar, Voter ID, PAN, Passport, Driving License, Central or State Government ID card, etc.)
Step 3. Upload your proof of address documents (any identity proof documents with your permanent address, etc.)
Step 4. Select the investment period of your preference.
Step 5. Choose your risk appetite - low, mid, or high.
Step 6. Choose your preferred LIC Mutual Fund.
Step 7. Click on “Invest One Time” if you want to invest a lump sum amount or “Start SIP” if you want to invest via SIP.
The LIC Mutual Fund
in India you have invested in will show in your Swaraj Finpro account within 3 to 4 working days.
Lets have a closer look
Now let us jump and check about these top 15 mutual fund schemes.
Fund Performance: The LIC MF Infrastructure Fund Fund has given 37.38% annualized returns in the past three years and 30.67% in the last 5 years and 16.57% in the last 10 years. The LIC MF Infrastructure Fund Fund comes under the Equity category of LIC Mutual Fund.
Minimum Investment Amount: The minimum amount required to invest in LIC MF Infrastructure Fund via lump sum is ₹ 5000 and via SIP is ₹ 1000.
Scheme Objective: The scheme aims to invest in equity/equity related securities of the companies which are engaged either directly or indirectly in the infrastructure sector.
Scheme Manager: Yogesh Patil.
Min Amt SIP
: ₹ 1000
AUM in ( Cr.)
: ₹ 425.83
1 Y Return (%)
: 81.67
Risko-Meter : Very High
Fund Performance: The LIC MF Nifty Next 50 Index Fund Fund has given 23.23% annualized returns in the past three years and 23.00% in the last 5 years and 15.40% in the last 10 years. The LIC MF Nifty Next 50 Index Fund Fund comes under the Equity category of LIC Mutual Fund.
Minimum Investment Amount: The minimum amount required to invest in LIC MF Nifty Next 50 Index Fund via lump sum is ₹ 5000 and via SIP is ₹ 100.
Scheme Objective: The investment objective of the scheme is to provide returns that correspond to the total returns of securities as represented by Nifty Midcap 100 Total Return Index, subject to tracking errors. There is no assurance or guarantee that the objective of the scheme would be achieved.
Scheme Manager: Sumit Bhatnagar.
Min Amt SIP
: ₹ 100
AUM in ( Cr.)
: ₹ 90.3
1 Y Return (%)
: 67.60
Risko-Meter : Very High
Fund Performance: The LIC MF Dividend Yield Fund Fund has given 25.29% annualized returns in the past three years and 26.02% in the last 5 years and 0.00% in the last 10 years. The LIC MF Dividend Yield Fund Fund comes under the Equity category of LIC Mutual Fund.
Minimum Investment Amount: The minimum amount required to invest in LIC MF Dividend Yield Fund via lump sum is ₹ 5000 and via SIP is ₹ 1000.
Scheme Objective: The scheme seeks to provide long term capital appreciation and dividend distribution by investing predominantly in dividend yielding equity and equity related instruments.
Scheme Manager: Dikshit Mittal.
Min Amt SIP
: ₹ 1000
AUM in ( Cr.)
: ₹ 239.6
1 Y Return (%)
: 61.59
Risko-Meter : Very High
Fund Performance: The LIC MF Small Cap Fund Fund has given 30.04% annualized returns in the past three years and 31.42% in the last 5 years and 0.00% in the last 10 years. The LIC MF Small Cap Fund Fund comes under the Equity category of LIC Mutual Fund.
Minimum Investment Amount: The minimum amount required to invest in LIC MF Small Cap Fund via lump sum is ₹ 5000 and via SIP is ₹ 1000.
Scheme Objective: The scheme seeks to provide investors with the opportunities for long-term capital appreciation by investing predominantly in Equity and Equity related instruments of Small-cap Companies.
Scheme Manager: Yogesh Patil, Dikshit Mittal.
Min Amt SIP
: ₹ 1000
AUM in ( Cr.)
: ₹ 279.19
1 Y Return (%)
: 57.52
Risko-Meter : Very High
Fund Performance: The LIC MF Mid Cap Fund Fund has given 22.58% annualized returns in the past three years and 25.48% in the last 5 years and 0.00% in the last 10 years. The LIC MF Mid Cap Fund Fund comes under the Equity category of LIC Mutual Fund.
Minimum Investment Amount: The minimum amount required to invest in LIC MF Mid Cap Fund via lump sum is ₹ 5000 and via SIP is ₹ 1000.
Scheme Objective: The scheme seeks to provide investors with the opportunities for long-term capital appreciation by investing predominantly in Equity and Equity related instruments of Midcap Companies.
LIC Mutual Fund
