LIC Mutual Fund
- AMC AGE 32 years
- AMC AUM (In Cr) ₹ 44,117.63
- Number of Schemes 36
LIC Mutual Fund is sponsored by Life Insurance Corporation of India and is one of the older names in the Indian mutual fund industry. Launched with the objective of extending LIC’s trusted brand into market-linked products, LIC Mutual Fund offers a diversified bouquet of equity, debt and hybrid schemes suited to different risk profiles and investment horizons.
Investors often look at LIC Mutual Fund schemes when they want a blend of stability, disciplined processes and insurance-linked brand comfort. The best LIC Mutual Fund options for an individual will depend on time horizon, risk appetite and asset allocation, not just past LIC Mutual Fund returns. Through 5paisa, you can explore a wide range of LIC Mutual Fund schemes and decide how to invest in LIC Mutual Fund in a completely digital, paperless manner.
List of LIC Mutual Funds Schemes
| Fund Name | Fund Size (Cr.) | 3Y Returns | 5Y Returns | |
|---|---|---|---|---|
LIC MF Gold ETF Fund of Fund - Direct Growth
|
775 | 35.67% | 25.58% | |
LIC MF Infrastructure Fund - Direct Growth
|
1,145 | 27.38% | 23.92% | |
LIC MF Healthcare Fund - Direct Growth
|
98 | 22.57% | 13.16% | |
LIC MF Dividend Yield Fund - Direct Growth
|
731 | 21.43% | 16.99% | |
LIC MF Small Cap Fund - Direct Growth
|
758 | 20.49% | 19.38% | |
LIC MF Multi Cap Fund - Direct Growth
|
2,130 | 20.27% | - | |
LIC MF Nifty Next 50 Index Fund - Direct Growth
|
111 | 19.76% | 14.17% | |
LIC MF Value Fund - Direct Growth
|
261 | 19.37% | 15.32% | |
LIC MF Midcap Fund - Direct Growth
|
376 | 19.05% | 14.80% | |
LIC MF Large & Mid Cap Fund - Direct Growth
|
3,133 | 16.53% | 13.45% |
| Fund Name | 1Y Returns | Rating | Fund Size (Cr.) |
|---|---|---|---|
LIC MF Gold ETF Fund of Fund - Direct Growth
|
35.67% Fund Size (Cr.) - 775 |
||
LIC MF Infrastructure Fund - Direct Growth
|
27.38% Fund Size (Cr.) - 1,145 |
||
LIC MF Healthcare Fund - Direct Growth
|
22.57% Fund Size (Cr.) - 98 |
||
LIC MF Dividend Yield Fund - Direct Growth
|
21.43% Fund Size (Cr.) - 731 |
||
LIC MF Small Cap Fund - Direct Growth
|
20.49% Fund Size (Cr.) - 758 |
||
LIC MF Multi Cap Fund - Direct Growth
|
20.27% Fund Size (Cr.) - 2,130 |
||
LIC MF Nifty Next 50 Index Fund - Direct Growth
|
19.76% Fund Size (Cr.) - 111 |
||
LIC MF Value Fund - Direct Growth
|
19.37% Fund Size (Cr.) - 261 |
||
LIC MF Midcap Fund - Direct Growth
|
19.05% Fund Size (Cr.) - 376 |
||
LIC MF Large & Mid Cap Fund - Direct Growth
|
16.53% Fund Size (Cr.) - 3,133 |
Key Information about LIC Mutual Fund
- Name of the Mutual Fund
- LIC Mutual Fund
- Date of Incorporation
- 20 April 1994
- Setup Date
- 20 April 1994
- Sponsor Name
- Life Insurance Corporation of India
- Trustee Name
- LIC Mutual Fund Trustee Private Ltd.
- Managing Director / Chief Executive Officer
- Mr. Ravi Kumar Jha
- Compliance Officer
- Mr. Mayank Arora
- Chief Investment Officer
- NA
- Investment Service Officer
- Ms. Srividya Baliga
- Auditor
- M/s Deloitte Haskins & Sells LLP
- Custodian
- Standard Chartered Bank, Stock Holding Corporation of India Limited
- Registrars
- KFin Technologies Limited
- Address (Head Office)
- 4TH FLOOR, INDUSTRIAL ASSURANCE BUILDING, OPP. CHURCHGATE STATION
- Telephone No
- 022-66016000
- Fax No
- 022-66016191
LIC Mutual Fund Managers
He has over 15 Years of experience in Banking & Capital Markets. He worked with SEBI for five years in Investment Management Department, handing critical policy matters pertaining to mutual funds and contributed extensively in various high powered committees of SEBI.
Over 12 years of experience in Equity Markets From July 01, 2020 onwards NAM India : Co-Fund Manager & Research Analyst March 25, 2019 - June 30, 2020 Nippon Life Asset Management Limited: Research Analyst - Equity March 2016 - March 2019 Bajaj Allianz Life Insurance Company: Investment Manager and Research Head - BFSI February 2015 - February 2016 Anand Rathi Shares & Stock Brokers Ltd.: Head - Banks & Financial Services September 2012 - February 2015 Standard Chartered Securities (India) Ltd.: Equity Research Analyst October 2010 - September 2012 Religare Capital Markets Ltd.: Equity Research Analyst April 2008 - October 2010 Moody's Investor Service - ICRA Ltd.: Senior Rating AnalystX
Mr. Sanjay is associated with Aditya Birla Sun Life AMC Limited ('ABSLAMC') since 2005. He has an experience of more than 16 years in dealing activities in the debt segment. He has also worked for around 5 years in back office/settlement function of ABSLAMC.
Mr. Singh is a B.Sc Economic Hons.and holds a PGDM from IIM-A.Prior to joining LIC Nomura Mutual Fund , he has worked with BOI AXA Investment Managers(August 2009-August 2015) , ING Investment Management (May 2008- August 2009) Standard Chartered Bank (intern)( April 2007- May 2007) and Ashika Capital ( Jan 2004 - April 2006).
How to Invest in LIC Mutual Fund?
Investing in LIC Mutual Fund through 5paisa is simple, digital and investor-friendly. Whether you are just starting out or reviewing an existing portfolio, the platform helps you compare different LIC Mutual Fund schemes, filter by category and understand historical LIC Mutual Fund returns before taking a call.
Step-by-step process
1. Log in to your 5paisa account on the website or app. New users can register quickly using their mobile number and email ID.
2. Complete your KYC by submitting PAN, Aadhaar and basic personal details.
3. Provide valid address proof to complete verification as per regulatory norms.
4. Assess your goals - retirement, children’s education, wealth creation, or liquidity – and shortlist suitable LIC Mutual Fund schemes.
5. Align scheme selection with your risk appetite (conservative, moderate, aggressive).
6. Choose the scheme, review key details in the factsheet and proceed to invest.
7. Decide between a lump sum investment or starting a SIP and confirm the transaction.
Your investment will typically reflect in your mutual fund portfolio within a few working days, and you can track it anytime via 5paisa.
How to Invest in LIC Mutual Fund ?
Investing in LIC Mutual Fund through 5paisa is simple, digital and investor-friendly. Whether you are just starting out or reviewing an existing portfolio, the platform helps you compare different LIC Mutual Fund schemes, filter by category and understand historical LIC Mutual Fund returns before taking a call.
Step-by-step process
1. Log in to your 5paisa account on the website or app. New users can register quickly using their mobile number and email ID.
2. Complete your KYC by submitting PAN, Aadhaar and basic personal details.
3. Provide valid address proof to complete verification as per regulatory norms.
4. Assess your goals - retirement, children’s education, wealth creation, or liquidity – and shortlist suitable LIC Mutual Fund schemes.
5. Align scheme selection with your risk appetite (conservative, moderate, aggressive).
6. Choose the scheme, review key details in the factsheet and proceed to invest.
7. Decide between a lump sum investment or starting a SIP and confirm the transaction.
Your investment will typically reflect in your mutual fund portfolio within a few working days, and you can track it anytime via 5paisa.
Top 10 LIC Mutual Fund to Invest
- LIC MF Gold ETF Fund of Fund - Direct Growth is an FoFs Domestic scheme that was launched on 01-01-2013 and is currently under the management of our experienced fund manager Sumit Bhatnagar. With an impressive
AUM of ₹775 Crores, this scheme's latest NAV is ₹41.2609 as of 8/14/2026 12:00:00 AM.
LIC MF Gold ETF Fund of Fund - Direct Growth scheme has delivered a return performance of 49.90% in the last 1 year, 35.67% in the last 3 years, and an 10.97 since its launch. With a minimum SIP investment of just ₹200, this scheme offers a great investment opportunity for those looking to invest in FoFs Domestic.
- Min SIP Investment Amt
- ₹ 200
- AUM (Cr.)
- ₹ 775
- 3Y Return
- 35.67%
- LIC MF Infrastructure Fund - Direct Growth is an Sectoral / Thematic scheme that was launched on 01-01-2013 and is currently under the management of our experienced fund manager Mahesh Bendre. With an impressive
AUM of ₹1,145 Crores, this scheme's latest NAV is ₹64.578 as of 8/14/2026 12:00:00 AM.
LIC MF Infrastructure Fund - Direct Growth scheme has delivered a return performance of 17.29% in the last 1 year, 27.38% in the last 3 years, and an 16.12 since its launch. With a minimum SIP investment of just ₹200, this scheme offers a great investment opportunity for those looking to invest in Sectoral / Thematic.
- Min SIP Investment Amt
- ₹ 200
- AUM (Cr.)
- ₹ 1,145
- 3Y Return
- 27.38%
- LIC MF Healthcare Fund - Direct Growth is an Sectoral / Thematic scheme that was launched on 08-02-2019 and is currently under the management of our experienced fund manager Sudhanshu Asthana. With an impressive
AUM of ₹98 Crores, this scheme's latest NAV is ₹37.4725 as of 8/14/2026 12:00:00 AM.
LIC MF Healthcare Fund - Direct Growth scheme has delivered a return performance of 15.69% in the last 1 year, 22.57% in the last 3 years, and an 19.36 since its launch. With a minimum SIP investment of just ₹200, this scheme offers a great investment opportunity for those looking to invest in Sectoral / Thematic.
- Min SIP Investment Amt
- ₹ 200
- AUM (Cr.)
- ₹ 98
- 3Y Return
- 22.57%
- LIC MF Dividend Yield Fund - Direct Growth is an Dividend Yield scheme that was launched on 03-12-2018 and is currently under the management of our experienced fund manager Dikshit Mittal. With an impressive
AUM of ₹731 Crores, this scheme's latest NAV is ₹36.4722 as of 8/14/2026 12:00:00 AM.
LIC MF Dividend Yield Fund - Direct Growth scheme has delivered a return performance of 12.58% in the last 1 year, 21.43% in the last 3 years, and an 18.42 since its launch. With a minimum SIP investment of just ₹200, this scheme offers a great investment opportunity for those looking to invest in Dividend Yield Fund.
- Min SIP Investment Amt
- ₹ 200
- AUM (Cr.)
- ₹ 731
- 3Y Return
- 21.43%
- LIC MF Small Cap Fund - Direct Growth is an Small Cap scheme that was launched on 01-06-2017 and is currently under the management of our experienced fund manager Dikshit Mittal. With an impressive
AUM of ₹758 Crores, this scheme's latest NAV is ₹39.4181 as of 8/14/2026 12:00:00 AM.
LIC MF Small Cap Fund - Direct Growth scheme has delivered a return performance of 20.87% in the last 1 year, 20.49% in the last 3 years, and an 16.17 since its launch. With a minimum SIP investment of just ₹200, this scheme offers a great investment opportunity for those looking to invest in Small Cap Fund.
- Min SIP Investment Amt
- ₹ 200
- AUM (Cr.)
- ₹ 758
- 3Y Return
- 20.49%
- LIC MF Multi Cap Fund - Direct Growth is an Multi Cap scheme that was launched on 06-10-2022 and is currently under the management of our experienced fund manager Dikshit Mittal. With an impressive
AUM of ₹2,130 Crores, this scheme's latest NAV is ₹19.8232 as of 8/14/2026 12:00:00 AM.
LIC MF Multi Cap Fund - Direct Growth scheme has delivered a return performance of 13.99% in the last 1 year, 20.27% in the last 3 years, and an 19.79 since its launch. With a minimum SIP investment of just ₹200, this scheme offers a great investment opportunity for those looking to invest in Multi Cap Fund.
- Min SIP Investment Amt
- ₹ 200
- AUM (Cr.)
- ₹ 2,130
- 3Y Return
- 20.27%
- LIC MF Nifty Next 50 Index Fund - Direct Growth is an Index scheme that was launched on 01-01-2013 and is currently under the management of our experienced fund manager Nikhil Kapoor. With an impressive
AUM of ₹111 Crores, this scheme's latest NAV is ₹61.2144 as of 8/14/2026 12:00:00 AM.
LIC MF Nifty Next 50 Index Fund - Direct Growth scheme has delivered a return performance of 12.98% in the last 1 year, 19.76% in the last 3 years, and an 14.42 since its launch. With a minimum SIP investment of just ₹200, this scheme offers a great investment opportunity for those looking to invest in Index Fund.
- Min SIP Investment Amt
- ₹ 200
- AUM (Cr.)
- ₹ 111
- 3Y Return
- 19.76%
- LIC MF Value Fund - Direct Growth is an Value scheme that was launched on 30-07-2018 and is currently under the management of our experienced fund manager Mahesh Bendre. With an impressive
AUM of ₹261 Crores, this scheme's latest NAV is ₹31.8188 as of 8/14/2026 12:00:00 AM.
LIC MF Value Fund - Direct Growth scheme has delivered a return performance of 27.38% in the last 1 year, 19.37% in the last 3 years, and an 15.59 since its launch. With a minimum SIP investment of just ₹200, this scheme offers a great investment opportunity for those looking to invest in Value Fund.
- Min SIP Investment Amt
- ₹ 200
- AUM (Cr.)
- ₹ 261
- 3Y Return
- 19.37%
- LIC MF Midcap Fund - Direct Growth is an Mid Cap scheme that was launched on 05-01-2017 and is currently under the management of our experienced fund manager Dikshit Mittal. With an impressive
AUM of ₹376 Crores, this scheme's latest NAV is ₹35.5531 as of 8/14/2026 12:00:00 AM.
LIC MF Midcap Fund - Direct Growth scheme has delivered a return performance of 11.68% in the last 1 year, 19.05% in the last 3 years, and an 14.19 since its launch. With a minimum SIP investment of just ₹200, this scheme offers a great investment opportunity for those looking to invest in Mid Cap Fund.
- Min SIP Investment Amt
- ₹ 200
- AUM (Cr.)
- ₹ 376
- 3Y Return
- 19.05%
- LIC MF Large & Mid Cap Fund - Direct Growth is an Large & Mid Cap scheme that was launched on 02-02-2015 and is currently under the management of our experienced fund manager Sudhanshu Asthana. With an impressive
AUM of ₹3,133 Crores, this scheme's latest NAV is ₹46.423 as of 8/14/2026 12:00:00 AM.
LIC MF Large & Mid Cap Fund - Direct Growth scheme has delivered a return performance of 6.26% in the last 1 year, 16.53% in the last 3 years, and an 14.32 since its launch. With a minimum SIP investment of just ₹200, this scheme offers a great investment opportunity for those looking to invest in Large & Mid Cap Fund.
- Min SIP Investment Amt
- ₹ 200
- AUM (Cr.)
- ₹ 3,133
- 3Y Return
- 16.53%
Other Calculators
Frequently Asked Questions
Use 5paisa’s filters for category, risk level and investment horizon, and compare different LIC Mutual Fund returns over various periods along with scheme objectives before shortlisting.
Log in to 5paisa, select your preferred LIC Mutual Fund scheme, choose ‘SIP’, set the amount, frequency and SIP date, and confirm the mandate.
Yes, you can pause or cancel an existing SIP from your 5paisa dashboard in just a few clicks, subject to the scheme’s SIP terms.
Schemes offered by LIC Mutual Funds have their own respective expense ratios that are available for you to check on the individual mutual fund of your choice in the table above.
You need a verified 5paisa account, completed KYC, a linked bank account and PAN to start investing.
It is fairly simple to increase your SIP amount in LIC Mutual Fund with 5paisa app. All you need to do is open up your running SIP on the 5paisa trading app and adjust the SIP amount or add another SIP in another scheme that is aligned with your plan.