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LIC Mutual Fund Asset Management Limited

LIC Mutual Fund

LIC Mutual Fund is an Indian mutual fund house promoted by Life Insurance Corporation of India (LIC). Established in 1994, it offers schemes across equity, debt, hybrid and other investment categories. Investors can explore its schemes and choose SIP or lump-sum investments based on their financial goals and risk appetite.
Number of Schemes43
AMC AUM₹ 49,943.33 Cr
AMC Age28 Years (1998)
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About LIC Mutual Fund

LIC Mutual Fund started its operations in India on 20 April 1994 with Life Insurance Corporation of India as its sponsor. Its mutual fund business is managed by LIC Mutual Fund Asset Management Limited, while LIC Mutual Fund Trustee Private Limited oversees the schemes in accordance with the applicable regulatory framework.

The fund house offers a range of mutual fund schemes across equity, debt, hybrid and passive investment categories. Investors can choose schemes based on their investment objectives, time horizon and ability to tolerate market fluctuations.

LIC Mutual Fund provides online investor services through its official website, where investors can access scheme details, NAV information, factsheets, account-related services and other disclosures. Although it shares the LIC name, mutual fund investments are separate from LIC's life insurance products and do not carry the same contractual benefits or guarantees.

Also Check: Daily SIP Mutual Funds

Key Details of LIC Mutual Fund

Particular Details
Mutual Fund Name LIC Mutual Fund
AMC Name LIC Mutual Fund Asset Management Limited
AMC Incorporation Date 20 April 1994
Sponsor Name Life Insurance Corporation of India
Trustee Company LIC Mutual Fund Trustee Private Limited
SEBI Registration No. 012/94/5
Managing Director & CEO Ashis Kumar
AMC Directors Vijay Sharma, Raghunandan Maluste, Praveen Garg, Reema Diddee, Sachindra Salvi and Balram Bhagat
Fund Categories Equity, debt, hybrid, index funds and other scheme categories
Official Website https://www.licmf.com/

How to Invest in LIC Mutual Fund

To invest in LIC Mutual Fund schemes online through Paisabazaar, follow these steps:

  • Log in to Paisabazaar and open the Mutual Funds section.
  • Search for LIC Mutual Fund or browse the available schemes.
  • Review the scheme's investment objective, category, historical returns and risk level.
  • Select a suitable scheme and choose either a one-time investment or SIP, wherever available.
  • Enter the investment amount and provide the required details.
  • Complete KYC and investor verification, if applicable.
  • Review the transaction details and follow the instructions to complete the investment.

Documents Required for Investing in LIC Mutual Fund

To invest in LIC Mutual Fund through Paisabazaar, you may need the following documents and details:

  • PAN details: Required for investor identification and verification.
  • Bank account details: Your account number and IFSC code, or another supported payment method, as applicable.
  • Email address: To receive investment-related communications and transaction updates.
  • Mobile number: For verification and account-related notifications.
  • KYC details: Identity and address verification information, depending on your existing KYC status.
  • Personal details: Additional information required to complete investor registration.

LIC Mutual Fund Communication Details

Investors can contact LIC Mutual Fund for assistance with investments, account statements, redemption requests and other investor-related queries.

  • Toll-free Customer Care: 1800 258 5678
  • Investor Support Email: service_licmf@kfintech.com
  • Grievance Email: redressal@licmf.com
  • Corporate Office: LIC Mutual Fund Asset Management Limited, Industrial Assurance Building, 4th Floor, Opposite Churchgate Station, Mumbai – 400020
  • Official Website: https://www.licmf.com/

Top 10 LIC Mutual Fund Asset Management Limited to Invest

LIC MF Infrastructure Fund Growth

LIC MF Infrastructure Fund Growth is a Equity - Infrastructure mutual fund scheme managed by LIC Mutual Fund Asset Management Limited. LIC MF Infrastructure Fund Growth was launched on 29 February 2008. LIC MF Infrastructure Fund Growth manages total assets worth ₹1,153.34 AUM (Assets Under Management) as of 13 October 2026.

The fund's latest Net Asset Value (NAV) stands at ₹52.61 as of 13 October 2026.

This fund has a 52W high of around ₹55.78 and gave returns of 4.46% in last 1 year as of 13 October 2026.

LIC MF Large & Mid Cap Regular Growth

LIC MF Large & Mid Cap Regular Growth is a Large & Mid-Cap mutual fund scheme managed by LIC Mutual Fund Asset Management Limited. LIC MF Large & Mid Cap Regular Growth was launched on 25 February 2015. LIC MF Large & Mid Cap Regular Growth manages total assets worth ₹2,948.55 AUM (Assets Under Management) as of 13 October 2026.

The fund's latest Net Asset Value (NAV) stands at ₹37.41 as of 13 October 2026.

This fund has a 52W high of around ₹40.10 and gave returns of -4.36% in last 1 year as of 13 October 2026.

LIC MF Flexi Cap Fund Growth

LIC MF Flexi Cap Fund Growth is a Flexi Cap mutual fund scheme managed by LIC Mutual Fund Asset Management Limited. LIC MF Flexi Cap Fund Growth was launched on 15 February 1999. LIC MF Flexi Cap Fund Growth manages total assets worth ₹1,037.60 AUM (Assets Under Management) as of 13 October 2026.

The fund's latest Net Asset Value (NAV) stands at ₹100.31 as of 13 October 2026.

This fund has a 52W high of around ₹109.69 and gave returns of -1.97% in last 1 year as of 13 October 2026.

LIC MF Multi Cap Fund Regular Growth

LIC MF Multi Cap Fund Regular Growth is a Multi-Cap mutual fund scheme managed by LIC Mutual Fund Asset Management Limited. LIC MF Multi Cap Fund Regular Growth was launched on 31 October 2022. LIC MF Multi Cap Fund Regular Growth manages total assets worth ₹2,187.21 AUM (Assets Under Management) as of 13 October 2026.

The fund's latest Net Asset Value (NAV) stands at ₹17.95 as of 13 October 2026.

This fund has a 52W high of around ₹18.93 and gave returns of 3.16% in last 1 year as of 13 October 2026.

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FAQs

Is it safe to invest in LIC Mutual Fund?

LIC Mutual Fund is registered with SEBI. However, mutual fund investments are subject to market risks, and returns are not guaranteed. Investors should not assume that mutual fund investments carry the same guarantees as LIC life insurance policies. Review the scheme's riskometer, investment objective and suitability before investing.

Which LIC Mutual Fund has given the highest returns?

The LIC Mutual Fund scheme with the highest historical returns can vary depending on the period considered and prevailing market conditions. Investors should compare returns over consistent periods, such as one year, three years and five years, where available, against the relevant benchmark and category. Past performance does not guarantee future returns.

How can I calculate SIP returns for LIC Mutual Fund?

Use Paisabazaar's SIP calculator to estimate potential returns. Enter the regular investment amount, investment duration and expected annual return to calculate the estimated investment value. Actual returns may differ because mutual fund performance is market-linked.

Can I invest in LIC Mutual Fund through a daily SIP?

Daily SIP availability depends on the scheme and the investment frequencies supported by the AMC and investment platform. Check the available options for your preferred scheme before registering. On Paisabazaar, select funds may offer daily SIPs starting at ₹20, subject to availability and applicable conditions.

What types of mutual funds does LIC Mutual Fund offer?

LIC Mutual Fund offers schemes across equity, debt, hybrid, index and other categories. Equity funds primarily invest in stocks, debt funds invest in debt and money market instruments, and hybrid funds allocate investments across asset classes according to their mandates.

What is the minimum amount required to invest in LIC Mutual Fund through lump-sum, monthly SIP or daily SIP?

The minimum investment amount varies by scheme and investment mode. Check the scheme's latest documents and the available investment options on Paisabazaar before investing.

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Disclaimer

  • Mutual fund investments are subject to market risks. Please read the scheme information and other related documents carefully before investing. Past performance is not indicative of future returns. Please consider your specific investment requirements before choosing a fund, or designing a portfolio that suits your needs.
  • Paisabazaar Marketing and Consulting Private Limited is an AMFI registered Mutual Fund Distributor - ARN-336712 | ARN Validity period: 08 Aug 2025 to 07 Aug 2028
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