Lic Mutual Funds
LIC Mutual Fund is supported by the Life Insurance Corporation of India (LIC). Offering a range of mutual fund schemes in the equity, debt, hybrid and tax saving categories, the AMC is known for its dependability. Diverse investor needs are met by LIC Mutual Funds which prioritise steady returns and long term growth.
33 funds
LIC MF Infrastructure Fund
Equity • Infrastructure • Direct Growth3Y CAGR
27.70%
Expense ratio
0.81%
Returns vs category
Risk vs category
LIC MF Gold ETF FOF
Commodity • Precious Metals • Direct Growth3Y CAGR
26.89%
Expense ratio
0.32%
Returns vs category
Risk vs category
LIC MF Dividend Yield Fund
Equity • Dividend Yield • Direct Growth3Y CAGR
21.77%
Expense ratio
0.75%
Returns vs category
N/A
Risk vs category
N/A
LIC MF Healthcare Fund
Equity • Healthcare • Direct Growth3Y CAGR
21.76%
Expense ratio
1.22%
Returns vs category
N/A
Risk vs category
N/A
LIC MF Midcap Fund
Equity • Mid Cap • Direct Growth3Y CAGR
19.31%
Expense ratio
1.44%
Returns vs category
Risk vs category
LIC MF Small Cap Fund
Equity • Small Cap • Direct Growth3Y CAGR
17.97%
Expense ratio
1.03%
Returns vs category
Risk vs category
LIC MF Large & Mid Cap Fund
Equity • Large and Mid Cap • Direct Growth3Y CAGR
16.64%
Expense ratio
0.58%
Returns vs category
Risk vs category
LIC MF Nifty Next 50 Index Fund
Equity • Index • Direct Growth3Y CAGR
15.84%
Expense ratio
0.38%
Tracking error
Fund size
LIC MF ELSS
Equity • ELSS (Tax Savings) • Direct Growth3Y CAGR
15.61%
Expense ratio
0.97%
Returns vs category
Risk vs category
LIC MF Value Fund
Equity • Value • Direct Growth3Y CAGR
15.11%
Expense ratio
1.37%
Returns vs category
Risk vs category
About
AMC Summary
LIC Mutual Fund, which managed more than ₹1.85 lakh crore in AUM as of March 2025, is a significant player in the Indian mutual fund sector. The AMC has a massive network of physical offices and online platforms which provide more than 60 schemes.
About LIC AMC
Under the direction of LIC Mutual Fund Trustee Private Limited, the LIC Mutual Fund Asset Management Limited was established in 1989. The AMC which has its main office in Mumbai.
LIC Mutual Fund categories
- Equity funds make stock investments with the goal of long-term capital growth.
- Debt funds invest mostly in fixed-income securities that provide consistent returns and stability.
- Hybrid funds offer a balanced risk-return strategy by combining debt and equity.
- Equity Linked Savings Plans or ELSSs are tax-saving funds with growth potential and tax advantages.
How to invest in LIC Mutual Funds?
LIC Mutual Funds are easy to invest in:
- Sign up: Sign up on Upstox or the LIC Mutual Fund website.
- KYC confirmation: To finish KYC, provide identification and evidence of address (PAN, Aadhaar, passport, or voter ID).
- Select your fund: Choose a fund according to your risk tolerance and goals.
- Select the mode of investment: For consistent investing, choose a SIP or choose a one-time lump payment.
- Verify and invest: Verify your investment by going over the specifics.
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Frequently Asked Questions
How can I download my LIC Mutual Fund statement?
LIC Mutual Fund statements can be accessed by logging into the AMC’s mobile app or website. Choose the relevant time period under the Transactions section, then download the statement. You can ask for it by contacting customer service as well.
What is the redemption timeline for LIC Mutual Funds?
The type of mutual fund determines how long it takes to handle redemptions. The process of crediting equity capital usually takes three working days. Processing times for debt funds are quicker, typically taking one to two business days. The fastest turnaround is provided by liquid funds with proceeds often credited within a day. Bank processing hours or public holidays may cause delays in redemptions.
How do I increase my SIP amount in LIC Mutual Funds?
You have two choices for raising your LIC Mutual Fund SIP contribution. You have two options: use the Top-up SIP tool or create a new SIP with the extra money, which will run alongside your current one.
The Top-up SIP helps you progressively expand your investment by automatically increasing your contribution by a certain percentage or amount at regular intervals. The LIC Mutual Fund website and app provide easy access to both alternatives.
How can I redeem LIC Mutual Funds online?
Go to the LIC Mutual Fund website or app and select the redeem section to make an online redemption of your LIC mutual funds. Enter the units or amount, choose the fund from which you wish to withdraw and then confirm your request. In accordance with the fund type’s redemption schedule, the proceeds will be credited to your registered bank account.
How do I start a SIP with LIC Mutual Funds online?
Simply go to the LIC Mutual Fund website or app and log in to begin a SIP online. Enter the investment amount, frequency and duration after choosing the start SIP option. For auto-debit permission confirm the request and supply your bank information. Following the successful registration of the SIP you will receive a confirmation message.
Are there any redemption charges on LIC Mutual Funds?
LIC Mutual Fund redemption fees differ depending on the type of fund. If equity funds are redeemed within a year they usually have an exit load of 1%. Depending on the scheme debt funds may have little to no exit load. There is typically no exit load on liquid funds. Before starting a redemption, it is always a good idea to check the exit load terms of the plan.
Should I invest in LIC Mutual Funds?
Investing in LIC Mutual Funds might be a wise move if it matches your financial objectives and risk tolerance. Before investing evaluate the fund’s performance by looking at past returns. Check the expense ratio, as lower expenses can result in larger net returns.
What are the tax implications on LIC Mutual Fund returns?
The taxation of LIC Mutual Funds varies depending on the fund type and holding duration. Short-term capital gains (STCG) on equity investments under one year are taxed at 20%, while long-term capital gains (LTCG) on holdings over one year are taxed at 12.5% for profits over ₹1.25 lakh.