LIC Mutual Fund

One of the most recognised and trusted players in the asset management market, LIC Mutual Fund is an associate company of Life Insurance Corporation of India. The AMC was established on April 1989 and had maintained an above average CRISIL rating and high investor affiliation for the past 30 years.
It has 90.06% investment in the Indian Stock market, of which 87.62% is in large-cap stocks, and 2.43% is in mid-cap stocks.Customers can also avail tax benefits from LIC MF Tax Plans, both of which are ELSS based investment options.

Key information

How can you invest in Lic Mutual Funds?

Invest in the Lic Mutual fund is very easy and simple. You can do it by yourself by just sign up on Welathdirect.in website or you can call us, the best financial advisor in Delhi/NCR. Our consultant helps you in selecting the best fund as per your goals. Finacial consultant will helps you identify the best growing sectors in Indian economy that will lead you to get maximum returns with less risk factors associated. To connect with best financial advisors in India, please follow the steps below :
Step 1: Click on Sign Up link. Fill your information.
Step 2: Our executive will get in touch with to have one meeting on call or physical.
Step 3: Our experts will suggest you best funds based on the future goals you may have.
Step 4: Once done, you can check your portfolio directly from wealthdirect.in just by login with your credentials.

Top Fund Managers

1. Mr. Sachin Relekar

Mr. Sachin Relekar serves as the Fund Manager of LIC MF Tax Plan, an equity-based saving scheme offering tax benefits. He is an alumnus of Jamnalal Bajaj Institute of Management Studies, with more than 17 years of experience as an equity research analyst and business development.
He started his carer at Tech Pacific India Pvt. Limited in 2003 for business development of IT products.
Mr. Relekar currently handles Rs. 227 Crore in equity and debt-based investments.

2. Mr. Marzban Irani

Currently, he oversees the debt portfolio as the Fund Manager of LIC MF.
Mr. Irani has a Post Graduate Diploma in Business Management, which propelled him into a career as a Fund Manager at Tata Asset Management Ltd. from 2000 to 2007. He shifted to Mirae Asset Management Ltd., undertaking the same role in 2008. Mr. Marzban Irani oversees investment options like LIC MF Bond Fund. It has maintained a CRISIL rank of 4 starts in the previous fiscal year, handling a fund of Rs. 265.96 Crore and a 1.07% expense ratio.

3. Mr. Rahul Singh

Mr. Rahul Singh is an alumnus of IIM Lucknow, with 23 years of experience behind him. Prior to that, he worked with Standard Chartered Securities and Citigroup Global Markets India as a business development lead and asset manager.. He handles funds of Rs. 8801.21 Crore including G-Sec Long Term ETF and Series 1,2, and 3 CPOF.

4. Yogesh Patil

Mr. Yogesh Patil was appointed as the Fund Manager for LIC MF Multicap Fund, LIC MF Banking & Financial Services Fund, LIC MF Index Sensex, LIC MF Index Nifty, LIC MF Equity Hybrid Fund, LIC MF Debt Hybrid Fund and LIC MF Children’s Gift Fund on October 2018. He is one of the leading names in capital marketing, with over 16 years of experience in the Indian Equity Market.
Mr. Yogesh Patil completed his Master of Business Administration in 2001 from Symbiosis Institute of Business Management. . In 2009, he shifted to Canara Robeco Asset Management Company Limited as an Analyst.
In 2018, Mr. Patil left Canara Robeco Asset Management Company Limited after working as a Senior Fund Manager (Equity).

5. Saravana Kumar Ananthan

Mr. Saravana Kumar Ananthan oversees LIC MF Equity, LIC MF Balanced, LIC MF MIP, LIC MF Children’s Gift Fund, LIC MF Banking & Financial Services Fund, LIC MF Index Sensex and LIC MF Index Nifty. He is an MBA in Finance from the Indian Institute of Management and has completed CAIIB from the Indian Institute of Bankers.
Mr. Saravana Kumar was associated with companies like Trust Investment Advisors Pvt Ltd., Tata AIA Life Insurance, ICICI Bank, SBI Mutual Funds, and UTI Mutual Funds. He has over 25 years of experience with him in the sector of investment management. He also completed Management Development Programme on Financial Markets at Merrill Lynch New York in 2007 and has worked as a guest faculty of the Institute of Financial Management Research.

6. Shri Raj Kumar

Shri Raj Kumar joined as a whole time director for LIC MF in April 2017. A veteran of the industry market, Raj Kumar has more than 32 years of experience behind him and climbed the ranks in Life Insurance Corporation of India from being a zonal manager of Bhopal to the director of operations.
Mr. Kumar will handle assets of over Rs. 24,475 Crore as of March 31st. LIC mutual fund is presently listed as number 17th in the industry thanks to the careful handling of its different operations.
Shri Raj Kumar is in charge of Equity Funds, Debt Funds, Hybrid Funds, Solution Oriented Funds, ETFs & Index Funds of the organisation.

LIC MF Exchange Traded Fund Sensex Growth

Fund Objective: The investment objective of the scheme is to provide returns that, closely correspond to the total returns of the securities as represented by the S&P BSE SENSEX.
Why to invest: The fund has consistently beaten other funds in same category along with its benchmark and provided -1.65% returns in the last 1 year.

LIC MF Banking & PSU Debt Fund Dividend Daily

Fund Objective: The investment objective of the scheme is to provide reasonable possible current income – consistent with preservation of capital and providing liquidity – from investing in a diversified portfolio of short-term money market and debt securities
Why to invest: The fund has consistently beaten other funds in same category along with its benchmark and provided 11.85% returns in the last 1 year. Minimum lump sum investment amount for this scheme is ₹NaN.

LIC MF Banking & PSU Debt Fund Dividend weekly

Fund Objective: The investment objective of the scheme is to provide reasonable possible current income – consistent with preservation of capital and providing liquidity – from investing in a diversified portfolio of short-term money market and debt securities.
Why to invest: The fund has consistently beaten other funds in same category along with its benchmark and provided 11.85% returns in the last 1 year. Minimum lump sum investment amount for this scheme is ₹NaN.

LIC MF Banking & PSU Debt Fund Dividend monthly

Fund Objective: The investment objective of the scheme is to provide reasonable possible current income – consistent with preservation of capital and providing liquidity – from investing in a diversified portfolio of short-term money market and debt securities.
Why to invest: The fund has consistently beaten other funds in same category along with its benchmark and provided 11.85% returns in the last 1 year. Minimum lump sum investment amount for this scheme is ₹NaN.

LIC MF Banking & PSU Debt Fund Dividend Daily

Fund Objective: The investment objective of the scheme is to provide reasonable possible current income – consistent with preservation of capital and providing liquidity – from investing in a diversified portfolio of short-term money market and debt securities.
Why to invest: The fund has consistently beaten other funds in same category along with its benchmark and provided 11.26% returns in the last 1 year. Minimum lump sum investment amount for this scheme is ₹NaN.

LIC MF Banking & PSU Debt Fund Dividend Weekly

Fund Objective: The investment objective of the scheme is to provide reasonable possible current income – consistent with preservation of capital and providing liquidity – from investing in a diversified portfolio of short-term money market and debt securities.
Minimum lump sum investment amount for this scheme is ₹NaN.

LIC MF Banking & PSU Debt Fund Dividend Monthly

Fund Objective: The investment objective of the scheme is to provide reasonable possible current income – consistent with preservation of capital and providing liquidity – from investing in a diversified portfolio of short-term money market and debt securities.
Minimum lump sum investment amount for this scheme is ₹NaN.

LIC MF Banking & PSU Debt Fund Growth

Fund Objective: The investment objective of the scheme is to provide reasonable possible current income – consistent with preservation of capital and providing liquidity – from investing in a diversified portfolio of short-term money market and debt securities.
Minimum lump sum investment amount for this scheme is ₹NaN.