SIP in LIC Mutual Fund Schemes: There are some schemes of LIC Mutual Funds that have made an investment of just Rs 2 lakh into Rs 25 lakh in 20 years. That is, the wealth of investors has increased by 12.5 times in 20 years. LIC is a name whose track record in the financial sector is excellent. LIC is known for increasing the capital of investors in the long term. If we talk about the most trusted companies in the asset management market, then one of them is LIC Mutual Fund.
The rating of these schemes is also better
LIC Mutual Fund has many such schemes, which have proved to be a return machine for investors in the long term. It is a subsidiary of the country’s largest government insurance company Life Insurance Corporation LIC. This asset management company was started in April 1989 and has consistently maintained its rating for the last 30 years. Rating agencies like CRISIL have given better than average rating to LIC Mutual Fund. Know about those 5 schemes, which turned an investment of just Rs 2 lakh into Rs 25 lakh in 20 years.
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LIC MF BSE Sensex Index Plan
LIC Mutual Fund BSE Sensex Index Plan has given an annualized return of 13.57 percent to those who invested in lump sum in 20 years. If someone had invested Rs 1.96 lakh in it 20 years ago, its value would have now become Rs 25 lakh.
Lump Sum Return in 20 years: 13.57% p.a.
Target: To raise Rs 25 lakh
Investment: Rs 1.96 lakh
Total profit: Rs 23.04 lakh
Annualized return on SIP over 20 years: 12.28%
Upfront investment: Rs 10,000
Monthly SIP (up to 20 years): Rs 5000
Total investment in 20 years: Rs 12.10 lakh
Value of Rs 5000 monthly SIP in 20 years: Rs 48.60 lakh
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LIC MF Large Cap Fund
LIC Mutual Fund Largecap Fund has given an annualized return of 13.40 percent to those who invested in lump sum in 20 years. If someone had invested Rs 2.02 lakh in it 20 years ago, its value would have now become Rs 25 lakh.
Lump Sum Return in 20 years: 13.40% p.a.
Target: To raise Rs 25 lakh
Investment: Rs 2.02 lakh
Total profit: Rs 22.98 lakh
Annualized return on SIP over 20 years: 12.60%
Upfront investment: Rs 10,000
Monthly SIP (up to 20 years): Rs 5000
Total investment in 20 years: Rs 12.10 lakh
Value of Rs 5000 monthly SIP in 20 years: Rs 50.54 lakh
LIC MF ELSS Tax Saver
LIC Mutual Fund Tax Saver Fund has given an annualized return of 13.38 percent to lump sum investors in 20 years. If someone had invested Rs 2.03 lakh in it 20 years ago, its value would have now become Rs 25 lakh.
Lump Sum Return in 20 years: 13.38% p.a.
Target: To raise Rs 25 lakh
Investment: Rs 2.03 lakh
Total profit: Rs 22.97 lakh
Annualized return on SIP over 20 years: 13.53%
Upfront investment: Rs 10,000
Monthly SIP (up to 20 years): Rs 5000
Total investment in 20 years: Rs 12.10 lakh
Value of Rs 5000 monthly SIP in 20 years: Rs 56.66 lakh
SIP Return: ICICI Pru’s scheme made SIP of Rs 3000 into 3 crores, got 2.50 crores by investing 3 lakhs at once
LIC MF Nifty 50 Index Plan
LIC Mutual Fund Nifty 50 Index Fund has given an annualized return of 13 percent to those who invested in lump sum in 20 years. If someone had invested Rs 2.17 lakh in it 20 years ago, its value would have now become Rs 25 lakh.
Lump sum return in 20 years: 13% p.a.
Target: To raise Rs 25 lakh
Investment: Rs 2.17 lakh
Total profit: Rs 22.83 lakh
Annualized return on SIP over 20 years: 12.09%
Upfront investment: Rs 10,000
Monthly SIP (up to 20 years): Rs 5000
Total investment in 20 years: Rs 12.10 lakh
Value of Rs 5000 monthly SIP in 20 years: Rs 47.45 lakh
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LIC MF Flexi Cap Fund
LIC Mutual Fund Flexi Cap Fund has given an annualized return of 12.92 percent to those who invested in lump sum in 20 years. If someone had invested Rs 2.20 lakh in it 20 years ago, its value would have now become Rs 25 lakh.
Lump Sum Return in 20 years: 12.92% p.a.
Target: To raise Rs 25 lakh
Investment: Rs 2.20 lakh
Total profit: Rs 22.80 lakh
Annualized return on SIP over 20 years: 12.44%
Upfront investment: Rs 10,000
Monthly SIP (up to 20 years): Rs 5000
Total investment in 20 years: Rs 12.10 lakh
Value of Rs 5000 monthly SIP in 20 years: Rs 49.51 lakh
(source: value research)
(Note: We have given information here based on the performance of a mutual fund scheme. This is not an investment advice. There are risks in the market, so consult a financial advisor before investing.)
