LIC Mutual Fund Top Schemes : Equity schemes of LIC Mutual Fund are proving to be champions in giving returns in short term, mid term and long term. Being LIC Mutual Fund schemes, most of the funds also have strong ratings. LIC Mutual Fund is not only one of the oldest fund houses in the country but also among the leading asset management companies. It offers mutual fund schemes in different segments keeping in mind different categories of investors. It is a subsidiary of the country’s leading and trusted insurance brand LIC, due to which investors also trust its mutual fund schemes. Well, if we look at the track record of giving returns of LIC Mutual Fund, it has justified the trust of the investors. Here we have given information about 5 such equity schemes, which are giving returns of up to 34 percent on lump sum and 35 to 46 percent per annum on SIP in just 3 years.
SIP Emerging Stars: These are the 5 emerging stars of mutual funds, they dominated the return charts as soon as they came in the market, are giving returns up to 85%.
LIC MF Infrastructure Fund
Return on lump sum investment in 3 years: 34% per annum
SIP return in 3 years: 46.52% per annum
About the scheme
Launch date: January 2, 2013
Returns since launch: 17.53% per annum
Total AUM: Rs 725 crore (September 30, 2024)
Expense Ratio: 1.38% (August 31, 2024)
Minimum lump sum investment: Rs 5000
Minimum SIP: Rs 200
LIC MF Small Cap Fund
Return on lump sum investment in 3 years: 26.28% per annum
SIP return in 3 years: 35.67% per annum
About the scheme
Launch date: June 21, 2017
Returns since launch: 19.32% per annum
Total AUM: Rs 370 crore (September 30, 2024)
Expense Ratio: 1.53% (August 31, 2024)
Minimum lump sum investment: Rs 5000
Minimum SIP: Rs 200
SIP in Midcap: These 5 midcap funds doubled their money in 3 years and 4 times in 5 years, are giving 35 to 46% returns in SIP.
LIC MF Dividend Yield Fund
Return on lump sum investment in 3 years: 22.46% per annum
SIP return in 3 years: 35.04% per annum
About the scheme
Launch date: December 21, 2018
Returns since launch: 23.87% per annum
Total AUM: Rs 436 crore (September 30, 2024)
Expense Ratio: 1.45% (August 31, 2024)
Minimum lump sum investment: Rs 5000
Minimum SIP: Rs 200
LIC MF Nifty Next 50 Index Fund
Return on lump sum investment in 3 years: 20% per annum
SIP return in 3 years: 32.84% per annum
About the scheme
Launch date: January 1, 2013
Returns since launch: 16.89% per annum
Benchmark: NIFTY Next 50 TRI
Total AUM: Rs 101 crore (September 30, 2024)
Expense Ratio: 0.32% (August 31, 2024)
Minimum lump sum investment: Rs 5000
Minimum SIP: Rs 200
LIC MF Midcap Fund
Return on lump sum investment in 3 years: 19% per annum
SIP return in 3 years: 32.97% per annum
About the scheme
Launch date: January 25, 2017
Returns since launch: 16.68% per annum
Total AUM: Rs 334 crore (September 30, 2024)
Expense ratio: 1.57% (August 31, 2024)
Minimum lump sum investment: Rs 5000
Minimum SIP: Rs 200
(Source: value research)
(Note: It is not guaranteed whether the past returns in any equity fund will continue or not. This may or may not continue in the future. There are risks in the market, so seek expert advice before investing.)