When you think of dependable financial institutions in India, the Life Insurance Corporation of India (LIC) naturally comes to mind. Building upon its reputation for reliability and trust, LIC Mutual Fund (LIC MF) offers a comprehensive suite of mutual fund schemes across equity, debt, and hybrid categories. As a potential investor, you benefit not only from a diversified product basket but also from the expertise of seasoned fund managers, low expense ratios, and a wide array of investor education tools.
With over three decades of experience in managing investor wealth, LIC MF upholds the core values of discipline, integrity, and long-term wealth creation. Whether you’re just starting your investment journey or looking to expand your portfolio, LIC Mutual Fund offers products and tools to help you make informed decisions.
Professional Fund Management at LIC MF
At the helm of LIC MF’s investment strategy are highly qualified fund managers who bring years of experience in capital markets and asset allocation. They adopt a research-driven approach, combining top-down macroeconomic analysis with bottom-up stock and bond selection.
Their goal is simple: to offer you consistent returns in line with your risk profile and financial goals. Risk management, diversification, and rigorous monitoring are central to their portfolio strategy — ensuring that your money is handled prudently and responsibly.
The LIC Mutual Fund Schemes
LIC Mutual Fund offers schemes in five broad categories: Equity, Debt, Hybrid, ETFs & Index Funds and Solution Oriented Funds. Each category caters to different risk profiles and investment objectives.
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📈 Equity Schemes – For Long-Term Capital Growth
Ideal for investors who are comfortable with market volatility in pursuit of higher returns, LIC’s equity schemes target wealth creation over the long term.
| Equity Schemes | 1 Yr | 3 Yr | TER | Category |
|---|---|---|---|---|
| LIC Healthcare Growth Direct Plan | 14.03% | 15.62% | 1.22% | Sectoral/Thematic |
| LIC Dividend Yield Growth Direct Plan | 6.50% | 17.21% | 0.69% | Dividend Yield Fund |
| LIC MF Infrastructure Growth Direct Plan | 6.43% | 22.40% | 0.65% | Sectoral/Thematic |
| LIC Small Cap Growth Direct Plan | 6.07% | 15.99% | 0.97% | Small Cap Fund |
| LIC Mid Cap Growth Direct Plan | 4.50% | 15.05% | 1.33% | Mid Cap Fund |
| LIC MF Large & Midcap Growth Direct Plan | 8.23% | 13.32% | 0.63% | Large & Mid Cap fund |
| LIC MF ELSS Tax Saver Growth Direct Plan | 9.88% | 13.50% | 1.01% | ELSS |
Source: Kuvera, April 14, 2025.
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💼 Debt Schemes – For Conservative Investors
If you prioritise capital preservation and predictable income over high returns, you may consider from among LIC’s top mutual funds debt schemes based on the basis your financial goal. They invest in government securities, corporate bonds, and money market instruments.
| Debt Schemes | 1 Yr | 3 Yr | TER | Category |
|---|---|---|---|---|
| LIC Short Duration Growth Direct Plan | 9.37% | 7.10% | 0.36% | Short Duration Fund |
| LIC MF Saving Growth Direct Plan | 8.18% | 7.01% | 0.26% | Low Duration Fund |
| LIC MF Gilt Regular Growth Direct Plan | 10.49% | 7.56% | 0.75% | Gilt Fund |
| LIC MF Banking & PSU Growth Direct Plan | 9.36% | 7.19% | 0.28% | Banking and PSU Fund |
| LIC MF Low Duration Growth Direct Plan | 8.18% | 7.01% | 0.26% | Low Duration Fund |
| LIC MF Medium To Long Duration Growth Direct Plan | 11.18% | 8.34% | 0.21% | Medium to Long Duration Fund |
| LIC Ultra Short Duration Growth Direct Plan | 7.81% | 6.64% | 0.25% | Ultra Short Duration Fund |
Source: Kuvera, April 14, 2025.
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⚖️ Hybrid Schemes – Balanced Approach
These are top mutual funds in hybrid category which combine the growth potential of equities with the stability of debt, perfect if you seek a balance between risk and return.
| Hybrid Schemes | 1 Yr | 3 Yr | TER | Category |
|---|---|---|---|---|
| LIC MF Balanced Advantage Growth Direct Plan | 6.59% | 10.26% | 0.82% | Dynamic Asset Allocation or Balanced Advantage |
| LIC Aggressive Hybrid Growth Direct Plan | 3.28% | 10.21% | 1.41% | Aggressive Hybrid Fund |
| LIC Equity Saving Growth Direct Plan | 6.62% | 8.46% | 1.30% | Equity Savings |
| LIC MF Arbitrage Growth Direct Plan | 7.51% | 7.06% | 0.34% | Arbitrage Fund |
| LIC MF Conservative Hybrid Growth Direct Plan | 7.67% | 6.67% | 1.20% | Conservative Hybrid Fund |
Source: Kuvera, April 14, 2025.
Investor Education: The Knowledge Centre
LIC MF recognises that informed investors make better decisions. Its Knowledge Centre is a comprehensive hub designed to educate and empower you.
📊 Key Tools Available
1. Investment Calculators
Whether you’re saving for a home, retirement, or your child’s education, these calculators help you plan your journey:
- SIP Calculator – Estimate future returns based on monthly investments.
- Goal-Based SIP Calculator – Discover how much you need to invest regularly to reach your target corpus.
- PPF & FD Calculators – Compare mutual fund returns with traditional saving instruments.
- Loan EMI Calculators – Evaluate your monthly liabilities for better budgeting.
- Capital Gains Tax Calculator – Determine your tax obligations from mutual fund redemptions.
- Retirement Planning Tool – Plan a secure retirement by factoring in inflation and required monthly income.
2. Financial Jargon Simplified
If you are new to mutual funds, the Glossary section on LIC MF helps you decode industry terminology — like “NAV”, “Exit Load”, “Alpha”, and more — so you can invest with confidence.
3. Risk Profiler
If you are not sure which fund is right for you, then the Risk Profiler tool assesses your tolerance for risk based on age, income, financial goals, and investment preferences — and recommends suitable LIC Mutual Funds from among the provided categories.
4. Articles & FAQs
The platform also features educational blogs and FAQs on topics like:
- SIP vs Lump Sum
- How NAV is calculated
- Taxation of mutual funds
Why Choose LIC Mutual Fund?
Here’s why LIC MF stands out in the Indian mutual fund landscape:
- Legacy & Trust: A part of LIC — a household name in insurance and financial services.
- Diverse Portfolio: Schemes across all risk spectrums – growth, income, tax-saving, and hybrid.
- Cost Efficiency: Many schemes have low Total Expense Ratios (TERs), directly benefiting your net returns.
- Transparency: Regular disclosures, clear documentation, and investor support channels.
- Investor Tools: Calculators, risk profilers, and a knowledge centre
Wrapping Up
As a potential investor, choosing the right mutual fund house is a decision that should align with your values, risk profile, and financial objectives. LIC Mutual Fund offers a compelling choice for every kind of investor — from the cautious saver to the aggressive growth-seeker.
With the additional support of educational tools, jargon-busting content, and a dedicated risk profiler, LIC MF empowers you to take charge of your financial future confidently. Whether you’re aiming to grow wealth, save tax, or earn steady income, LIC Mutual Fund ensures your money is managed wisely — the LIC way.
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