ICICI Prudential vs LIC Mutual Fund: Which Mutual Fund House is Better for You?

Save time and effort by using our page to compare mutual funds before choosing where to invest.

Unique Strengths of Each AMC

ICICI Prudential Mutual Fund Strengths

• Massive AUM & Scale: With ₹9.8 lakh crore AUM, ICICI Prudential AMC is one of the largest fund houses in India.
• Diversified Offerings: From ICICI Prudential Equity Funds to ICICI Prudential Debt Funds, ELSS, and hybrid funds, it covers every investor segment.
• Proven Track Record: Many of its funds like ICICI Prudential Bluechip and Balanced Advantage are among the Best ICICI Prudential Mutual Funds 2025.
• Trusted Brand Value: Backed by ICICI Bank and Prudential Plc. with strong governance and credibility.
• SIP Accessibility: Investors can Open SIP with ICICI Prudential starting as low as ₹500 per month.
• Distribution & Access: Easy to Buy ICICI Prudential Mutual Fund online or Invest in ICICI Prudential through 5paisa.

LIC Mutual Fund Strengths

• Legacy of LIC: Backed by the Life Insurance Corporation of India, one of the most trusted financial brands.
• Retail Investor Focus: Popular among first-time investors and small SIP investors with LIC Mutual Fund SIP ₹500 per month.
• Growing Equity Presence: Emerging in the Best LIC Mutual Funds 2025 list, especially in flexi-cap and tax-saving categories.
• Stable Debt Products: Offers reliable LIC Mutual Fund Debt Funds suitable for conservative investors.
• ELSS Options: Top LIC Mutual Funds for tax saving are widely preferred by salaried individuals.
• Digital Convenience: Easy to Buy LIC Mutual Fund online and Invest in LIC Mutual Fund through 5paisa.
• Portfolio Management Edge: Also offers LIC Mutual Fund portfolio management services for HNIs.

Who Should Invest?

Choosing between ICICI Prudential Mutual Fund and LIC Mutual Fund depends on your risk appetite, goals, and trust factor.

Choose ICICI Prudential Mutual Fund if you:

• Prefer well-diversified ICICI Prudential investment schemes across equity, debt, and hybrid categories.
• Value a strong track record in ICICI Prudential mutual fund returns.
• Are looking for Best ICICI Prudential equity mutual funds for long-term or hybrid options.
• Prefer ease of investing digitally with options to Invest in ICICI Prudential through 5paisa.

Choose LIC Mutual Fund if you:

• Trust the LIC brand and prefer a relatively smaller but focused AMC with ₹38,854 crore AUM.
• Want simple, easy-to-understand LIC Mutual Fund investment schemes.
• Are a retail investor beginning your journey with LIC Mutual Fund SIP ₹500 per month.
• Seek exposure to LIC Mutual Fund ELSS for tax benefits under Section 80C.
• Value steady LIC Mutual Fund returns in debt and liquid categories.

Conclusion

Both ICICI Prudential AMC and LIC AMC are strong players with unique strengths. ICICI Prudential Mutual Fund is ideal for investors seeking stability, diversified exposure, and established performance. Meanwhile, LIC Mutual Fund AMC is better suited for retail investors, conservative savers, and those who trust the LIC brand for starting their SIP journey. If you want large-scale exposure and consistent performance, go with ICICI Prudential. If you prefer trust, simplicity, and small-ticket SIPs, LIC Mutual Fund could be your fit.