Best Large Cap Mutual Funds

LIC Mutual Fund

  • AUM
    ₹ 35,380 cr.
  • AMC Age
    30 Years
  • No. Of Schemes
    116
LIC Mutual Fund, supported by the trusted Life Insurance Corporation of India, provides a diverse range of schemes to meet various investment needs. Focused on wealth creation, the AMC aims to expand its presence with reliable, growth-oriented investments.

Calculate Returns on LIC Mutual Fund

You would have got

Total Investment
1200
Expected Returns
67
Total Value
1267

Past performance doesn’t assure future results; actual outcome may vary due to market dynamics.

Your Investment Amount
  • 1
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per annum

About LIC Mutual Fund

  • About the Fund
  • Key Information
  • Types Of Funds
  • Charges & Fees
  • Risk Factors

LIC Mutual Fund, established in 1994, is backed by the trusted Life Insurance Corporation of India (LIC). As one of the oldest fund houses in the country, it offers a range of investment solutions tailored to diverse investor needs.

Key Features

  • LIC Mutual Fund offers investment schemes across different asset classes, including equity, debt, hybrid, and liquid funds, to suit varying investor profiles.
  • The fund house has an extensive distribution network, comprising registered distributors, financial advisors, and national distribution partners.
  • LIC Mutual Fund is further strengthened by the unwavering trust and financial backing of LIC, India's largest life insurance company.
  • With a presence in multiple cities with a strong investor base, the fund house continues to offer reliable, growth-oriented solutions.
  • In a significant development, LIC Mutual Fund merged with IDBI Mutual Fund in 2023, creating a stronger and more diversified asset management entity.

Documents Required

To invest in LIC Mutual Fund, investors must complete the Know Your Customer (KYC) process and submit the required documents. Below is a list of documents based on investor type:

KYC Application Form: Completed and signed CKYC application form

In-Person Verification (IPV) – Mandatory for KYC compliance.

Bank Account Details – Canceled cheque or bank statement for linking the investment account.

Nomination Form (optional but recommended)

Proof of Identity (Any one of the following, self-attested):

  • PAN Card (mandatory for investments above ₹50,000 per year)
  • Aadhaar Card
  • Passport
  • Voter ID
  • Driving License
  • NREGA Job Card (duly signed by a State Government officer)

Proof of Address (Anyone, except PAN card):

  • Aadhaar Card
  • Passport
  • Voter ID
  • Driving License
  • Utility Bills (not older than 3 months)
  • Bank Account Statement/Passbook (not older than 3 months)

Investors are advised to contact LIC Mutual Fund’s customer service or visit its official website for any modifications, redemptions, or complaints.

LIC Mutual Fund Managers

Mr. Dikshit Mittal

Mr. Jaiprakash Toshniwal

Mr. Karan Doshi

Mr. Mahesh Bendre

Mr. Marzban Irani

How To Invest In LIC Mutual Fund With Choice?

Step 1

Open Your Free Account with Choice

1

Step 2

Go to the “Mutual Funds” Section

2

Step 3

Search & Select Your Preferred LIC Mutual Fund Scheme

3

LIC Mutual Fund FAQs

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