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Top LIC Mutual Funds - SIP Schemes, Performance, Returns 2025

LIC Mutual Fund Asset Management Company Ltd (LIC AMC) started in 1989 and operates under the backing of Life Insurance Corporation of India. It manages around ₹39,000 cr in assets across equity, debt, hybrid, and ETF schemes. This article provides a live screener of all LIC Mutual Funds to track NAVs, returns, and AUM in real time.

Top LIC Mutual Funds in 2025

Top LIC Mutual Funds in India (2025)

Here's the list of top LIC mutual funds across equity, debt, hybrid funds offered by LIC Mutual Fund Asset Management Ltd.

Created by

@82600328260032

Showing 1 - 20 of 35 results

last updated at 11:00 PM IST 
NameMFs (35)Sub CategorySub CategoryPlanPlanAUMAUMAMCAMCNAVNAVAbsolute Returns - 3MAbsolute Ret. - 3MAbsolute Returns - 1YAbsolute Ret. - 1YCAGR 3YCAGR 3YExpense RatioExpense RatioExit LoadExit LoadVolatilityVolatilitySharpe RatioSharpe Ratio
1.LIC MF Liquid Fund
LIC MF Liquid Fund
Liquid Fund
Liquid Fund
Growth
Growth
11,543.29
11,543.29
LIC Mutual Fund Asset Management Limited
LIC Mutual Fund Asset Management Limited
1.46
1.46
6.64
6.64
7.05
7.05
0.16
0.16
0.01
0.01
0.11
0.11
2.76
2.76
2.LIC MF Money Market Fund
LIC MF Money Market Fund
Money Market Fund
Money Market Fund
Growth
Growth
3,720.68
3,720.68
LIC Mutual Fund Asset Management Limited
LIC Mutual Fund Asset Management Limited
1.58
1.58
7.17
7.17
6.78
6.78
0.19
0.19
-
-
0.35
0.35
8.57
8.57
3.LIC MF Large & Midcap Fund
LIC MF Large & Midcap Fund
Large & Mid Cap Fund
Large & Mid Cap Fund
Growth
Growth
3,141.26
3,141.26
LIC Mutual Fund Asset Management Limited
LIC Mutual Fund Asset Management Limited
2.41
2.41
-1.10
-1.10
17.19
17.19
0.58
0.58
1.00
1.00
15.14
15.14
-0.28
-0.28
4.LIC MF Low Duration Fund
LIC MF Low Duration Fund
Low Duration Fund
Low Duration Fund
Growth
Growth
1,986.91
1,986.91
LIC Mutual Fund Asset Management Limited
LIC Mutual Fund Asset Management Limited
1.66
1.66
7.75
7.75
7.59
7.59
0.26
0.26
-
-
0.42
0.42
8.48
8.48
5.LIC MF Banking & PSU Fund
LIC MF Banking & PSU Fund
Banking & PSU Fund
Banking & PSU Fund
Growth
Growth
1,887.56
1,887.56
LIC Mutual Fund Asset Management Limited
LIC Mutual Fund Asset Management Limited
1.90
1.90
8.26
8.26
7.90
7.90
0.28
0.28
-
-
1.21
1.21
3.47
3.47
6.LIC MF Multi Cap Fund
LIC MF Multi Cap Fund
Multi Cap Fund
Multi Cap Fund
Growth
Growth
1,823.22
1,823.22
LIC Mutual Fund Asset Management Limited
LIC Mutual Fund Asset Management Limited
3.30
3.30
0.71
0.71
21.34
21.34
0.46
0.46
1.00
1.00
15.42
15.42
-0.15
-0.15
7.LIC MF Large Cap Fund
LIC MF Large Cap Fund
Large Cap Fund
Large Cap Fund
Growth
Growth
1,503.00
1,503.00
LIC Mutual Fund Asset Management Limited
LIC Mutual Fund Asset Management Limited
3.63
3.63
2.97
2.97
12.27
12.27
1.02
1.02
1.00
1.00
12.52
12.52
-0.04
-0.04
8.LIC MF ELSS Tax Saver
LIC MF ELSS Tax Saver
Equity Linked Savings Scheme (ELSS)
Equity Linked Savings Scheme (ELSS)
Growth
Growth
1,107.15
1,107.15
LIC Mutual Fund Asset Management Limited
LIC Mutual Fund Asset Management Limited
1.33
1.33
-0.75
-0.75
15.95
15.95
0.97
0.97
-
-
12.76
12.76
-0.33
-0.33
9.LIC MF Flexi Cap Fund
LIC MF Flexi Cap Fund
Flexi Cap Fund
Flexi Cap Fund
Growth
Growth
1,076.60
1,076.60
LIC Mutual Fund Asset Management Limited
LIC Mutual Fund Asset Management Limited
3.28
3.28
-1.03
-1.03
15.66
15.66
1.34
1.34
1.00
1.00
16.00
16.00
-0.26
-0.26
10.LIC MF Infra Fund
LIC MF Infra Fund
Sectoral Fund - Infrastructure
Sectoral Fund - Infrastructure
Growth
Growth
1,021.73
1,021.73
LIC Mutual Fund Asset Management Limited
LIC Mutual Fund Asset Management Limited
0.64
0.64
-5.34
-5.34
26.79
26.79
0.80
0.80
1.00
1.00
20.67
20.67
-0.39
-0.39
11.LIC MF Multi Asset Allocation Fund
LIC MF Multi Asset Allocation Fund
Multi Asset Allocation Fund
Multi Asset Allocation Fund
Growth
Growth
802.27
802.27
LIC Mutual Fund Asset Management Limited
LIC Mutual Fund Asset Management Limited
7.03
7.03
-
-
-
-
0.60
0.60
1.00
1.00
9.83
9.83
2.21
2.21
12.LIC MF Manufacturing Fund
LIC MF Manufacturing Fund
Thematic Fund
Thematic Fund
Growth
Growth
780.45
780.45
LIC Mutual Fund Asset Management Limited
LIC Mutual Fund Asset Management Limited
0.47
0.47
1.16
1.16
-
-
0.64
0.64
1.00
1.00
17.55
17.55
-0.08
-0.08
13.LIC MF Balanced Advantage Fund
LIC MF Balanced Advantage Fund
Balanced Advantage Fund
Balanced Advantage Fund
Growth
Growth
756.40
756.40
LIC Mutual Fund Asset Management Limited
LIC Mutual Fund Asset Management Limited
2.09
2.09
3.57
3.57
10.81
10.81
0.79
0.79
1.00
1.00
9.44
9.44
-0.03
-0.03
14.LIC MF Dividend Yield Fund
LIC MF Dividend Yield Fund
Dividend Yield Fund
Dividend Yield Fund
Growth
Growth
699.00
699.00
LIC Mutual Fund Asset Management Limited
LIC Mutual Fund Asset Management Limited
2.54
2.54
0.69
0.69
21.35
21.35
0.72
0.72
1.00
1.00
15.65
15.65
-0.15
-0.15
15.LIC MF Small Cap Fund
LIC MF Small Cap Fund
Small Cap Fund
Small Cap Fund
Growth
Growth
647.11
647.11
LIC Mutual Fund Asset Management Limited
LIC Mutual Fund Asset Management Limited
-3.93
-3.93
-14.09
-14.09
15.95
15.95
1.02
1.02
1.00
1.00
20.31
20.31
-0.90
-0.90
16.LIC MF Overnight Fund
LIC MF Overnight Fund
Overnight Fund
Overnight Fund
Growth
Growth
615.75
615.75
LIC Mutual Fund Asset Management Limited
LIC Mutual Fund Asset Management Limited
1.34
1.34
5.93
5.93
6.43
6.43
0.07
0.07
-
-
0.02
0.02
-6.87
-6.87
17.LIC MF Aggressive Hybrid Fund
LIC MF Aggressive Hybrid Fund
Aggressive Hybrid Fund
Aggressive Hybrid Fund
Growth
Growth
538.44
538.44
LIC Mutual Fund Asset Management Limited
LIC Mutual Fund Asset Management Limited
3.30
3.30
3.10
3.10
13.94
13.94
1.39
1.39
1.00
1.00
11.14
11.14
-0.03
-0.03
18.LIC MF Gold ETF FoF
LIC MF Gold ETF FoF
FoFs - Gold
FoFs - Gold
Growth
Growth
524.16
524.16
LIC Mutual Fund Asset Management Limited
LIC Mutual Fund Asset Management Limited
20.14
20.14
66.79
66.79
32.68
32.68
0.32
0.32
1.00
1.00
24.52
24.52
2.12
2.12
19.LIC MF Nifty 50 Index Fund
LIC MF Nifty 50 Index Fund
Index Fund
Index Fund
Growth
Growth
366.82
366.82
LIC Mutual Fund Asset Management Limited
LIC Mutual Fund Asset Management Limited
5.79
5.79
6.89
6.89
12.75
12.75
0.64
0.64
0.25
0.25
12.01
12.01
0.29
0.29
20.LIC MF Midcap Fund
LIC MF Midcap Fund
Mid Cap Fund
Mid Cap Fund
Growth
Growth
347.67
347.67
LIC Mutual Fund Asset Management Limited
LIC Mutual Fund Asset Management Limited
1.78
1.78
-1.35
-1.35
19.41
19.41
1.44
1.44
1.00
1.00
16.80
16.80
-0.25
-0.25

Disclaimer: Please note that the above table is for informational purposes only, and is not recommendatory. Please do your own research or consult your financial advisor before investing. The data is derived from Tickertape Mutual Fund Screener and is subject to real-time updates.

Selection criteria: AMC: LIC Mutual Fund Asset Management Limited | AUM: Sorted from Highest to Lowest

What are LIC Mutual Funds?

LIC Mutual Funds come under LIC Mutual Fund Asset Management Company Ltd, a subsidiary of LIC of India. The fund house began in 1989 and now manages over ₹39,000 cr AUM, as of September 2025. It offers equity, debt, hybrid, and ETF schemes that aim to build long-term wealth and maintain investor trust.

Key Information About LIC Mutual Fund Asset Management Limited

Here are the key details about LIC Mutual Fund Asset Management Limited-

Category Details
AMC Name LIC Mutual Fund Asset Management Company Ltd
Established 1989
Sponsor Life Insurance Corporation of India (LIC)
Headquarters Industrial Assurance Building, 4th Floor, Opposite Churchgate Station, Mumbai – 400 020
Assets Under Management (AUM) Approx. ₹41,609 cr as of 30th September 2025
Regulator Securities and Exchange Board of India (SEBI)

Types of Funds Offered by LIC Mutual Fund

LIC Equity Funds

LIC Mutual Fund’s equity schemes invest mainly in shares of listed companies across sectors and market capitalisations. These funds aim for long-term capital growth and suit investors who want to benefit from India’s growing equity market.

LIC Debt Funds

LIC’s debt mutual funds invest in government securities, corporate bonds, and money market instruments. They focus on generating stable income with low risk and suit investors who prefer capital safety and consistent returns instead of long-term growth.

LIC Hybrid Funds

LIC offers hybrid funds that mix equity and debt investments to create a balanced risk and return profile. These funds provide equity-based growth and debt-based income stability, making them suitable for investors who seek moderate risk and steady returns.

LIC Tax-Saving Funds (ELSS)

LIC’s ELSS funds offer tax benefits under Section 80C and invest mainly in equities. They come with a 3-year lock-in period and aim to help build wealth and generate tax savings for long-term investors.

LIC Commodity and Sectoral Funds

LIC Mutual Fund offers sectoral and gold-based schemes. These funds invest in specific industries or commodities, helping investors diversify and benefit from focused themes or price movements in assets such as gold.

Overview of the Top LIC Mutual Fund Schemes

LIC MF Liquid Fund

LIC MF Liquid Fund invests in short-term money market instruments and high-quality debt securities. It aims to provide liquidity with stable returns. The fund is suitable for investors seeking efficient cash management over short investment horizons.

LIC MF Money Market Fund

This fund primarily invests in money market instruments such as treasury bills and commercial paper. LIC MF Money Market Fund focuses on maintaining capital safety and liquidity while generating reasonable returns in line with short-term interest rate movements.

LIC MF Large & Midcap Fund

LIC MF Large & Midcap Fund allocates assets between established large-cap and growth-oriented mid-cap companies. The fund seeks balanced exposure to stability and expansion potential through diversified investments across multiple sectors within the equity market.

LIC MF Banking & PSU Fund

LIC MF Banking & PSU Fund invests mainly in debt instruments issued by banks, public sector undertakings, and financial institutions. The scheme aims to deliver income stability through creditworthy issuers and interest rate optimisation across durations.

LIC MF Multi Cap Fund

This equity fund invests across large-, mid-, and small-cap stocks to capture opportunities across market segments. LIC MF Multi Cap Fund follows a diversified strategy, balancing risk and growth potential across industries and company sizes.

How to Invest in LIC Mutual Funds?

Here’s how you can identify and invest in top LIC Mutual Funds with Tickertape Mutual Fund Screener -

  1. Launch Tickertape Mutual Fund Screener.
  2. Add a filter “AMC” and select “LIC Asset Management Company Ltd”.
  3. Sort out the top LIC mutual funds based on over 50 fundamental and technical filters.
  4. After identifying the LIC mutual funds, that align with your investment thesis, click on “Place Order” to invest in the LIC mutual funds.

With Tickertape Mutual Fund Screener, you can invest a ‘lumpsum’ or start a ‘SIP’ in LIC mutual funds. Moreover, by connecting your portfolio, you can do a deep analysis of your portfolio and assess its performance.

Top LIC Mutual Funds Managers

Nikhil Rungta

Appointed as Co-CIO (Equity) at LIC Mutual Fund in July 2024, Nikhil Rungta brings extensive experience in equity research and portfolio management. He focuses on identifying long-term growth opportunities and enhancing LIC MF’s equity strategy across diversified schemes.

Marzban Irani

A veteran of fixed-income markets, Marzban Irani has led LIC Mutual Fund’s debt segment since 2016. His expertise lies in managing government securities, corporate bonds, and liquid funds, ensuring stability, liquidity, and consistent returns for conservative investors.

Yogesh Patil

With over two decades of experience, Yogesh Patil manages LIC MF’s equity and multi-asset portfolios. He specialises in large-cap and infrastructure-focused strategies, balancing value and growth to deliver consistent long-term performance across changing market cycles.

Rahul Singh

Rahul Singh oversees LIC Mutual Fund’s liquid, overnight, and short-duration debt funds. With a focus on safety and liquidity, he manages portfolios designed to optimise short-term yields while maintaining low volatility and strong credit quality.

Karan Doshi

Karan Doshi manages thematic and sectoral funds within LIC Mutual Fund. His focus lies in identifying emerging growth sectors and aligning investment strategies with evolving economic trends, providing investors with exposure to high-potential industries and innovation-driven themes.

Risks Associated with LIC Mutual Funds

Market Movements Can Affect Fund Returns

Since LIC Mutual Funds invest across equities and debt, their returns rise and fall with market trends. A sudden shift in stock or bond prices can impact short-term performance, even though the fund’s long-term goal remains stability.

Interest Rate Changes Influence Debt Schemes

When interest rates fluctuate, the value of bonds within LIC’s debt portfolios can move in the opposite direction. A rising rate environment often reduces bond prices, affecting near-term NAVs.

Credit Events May Affect Fixed-Income Funds

Although LIC AMC follows a conservative approach, changes in the credit quality of the underlying securities, such as downgrades or defaults, can still affect yields in debt-heavy portfolios.

Sector Exposure Brings Focused Risk

Funds that lean towards specific sectors, such as banking or infrastructure, can be more volatile if those industries face slowdowns. This makes such schemes sensitive to shifts in economic policy or demand.

Short-Term Liquidity Pressure

In volatile markets, some securities may become harder to trade quickly at fair prices. This can temporarily affect redemption timelines for certain categories of LIC funds.

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Factors to Consider Before Investing in LIC Mutual Funds

Strength of the Fund House

LIC Mutual Fund benefits from the trust and financial backing of LIC of India, one of the country’s most established financial institutions. This credibility supports its disciplined investment approach.

Category-Specific Behaviour

Different categories behave differently. LIC’s equity funds aim for long-term growth, while hybrid or debt funds prioritise steady income. Understanding this balance helps align expectations with reality.

Performance Consistency Over Time

Rather than just recent returns, LIC Mutual Funds are often assessed for how steadily they’ve performed through different market cycles. This reflects the fund managers’ long-term discipline.

Expense Efficiency and Transparency

LIC AMC maintains a transparent fee structure and disclosure practices. Expense ratios vary by fund type, influencing the actual gains investors take home.

Broader Economic Climate

Shifts in inflation, crude oil prices, or fiscal policy can influence market sentiment and, in turn, fund performance. LIC Mutual Funds aim to adapt through diversified strategies, but macroeconomic shifts always play a role.

Documents Required to Invest in LIC Mutual Fund

Here are a few documents you may require to invest in LIC Mutual Funds

  1. Know Your Customer (KYC) Compliance
  2. Common Application Form
  3. Proof of Identity (PoI)
  4. Proof of Address (PoA)
  5. Proof of Bank Account
  6. Recent Passport-Sized Photograph
  7. In-Person Verification (IPV) for first-time investors
  8. Additional Documents for Specific Categories (e.g., Non-Individuals, HUF, Partnership Firms)

NRI Investors: Passport, Overseas Address Proof, Bank Account Proof, FATCA/CRS Declaration

Note: For latest details visit LIC Mutual Fund’s official AMC website.



Conclusion

With assets spread across multiple fund categories, LIC Mutual Fund contributes to the diversification of India’s investment ecosystem. Its growth reflects the rising participation of retail investors and the evolution of regulated asset management in the country. Performance data and fund details can be explored on Tickertape Mutual Fund Screener, a platform for analysing mutual funds and market trends.

Frequently Asked Questions About LIC Mutual Funds

  1. How to start a LIC mutual fund SIP online?

    Here’s how you can start a SIP in LIC mutual funds,

    1. Launch Tickertape Mutual Fund Screener.
    2. Select the LIC Mutual Funds that align with your investment goals.
    3. Click on “Place Order” and select the option “SIP”. Enter the SIP amount and confirm “OK”

    Your order will be placed.

  2. How to calculate LIC mutual fund returns?

    Here’s how you can calculate returns on your LIC mutual fund investment -
    Absolute Return = ((Current NAV - Initial NAV) / Initial NAV) * 100

    With this formula you can measure how much your investment has grown in total. Moreover, you can also use Tickertape Mutual Fund Screener to get the latest data on the LIC mutual funds’s performance.

  3. Does LIC offer tax-free mutual fund schemes?

    LIC offers tax-saving options, particularly through its Equity Linked Savings Scheme (ELSS). While the returns are subject to long-term capital gains tax, these funds allow investors to claim tax deductions under Section 80C of the Income Tax Act.

    Disclaimer: You can check the latest information about LIC ELSS funds on Tickertape Mutual Fund Screener.

  4. How to cancel/stop a LIC mutual fund SIP?

    To cancel the LIC mutual funds SIP, please refer to the official website.

    Disclaimer: Please do your own research or consult your financial advisor before making a financial decision.

  5. How to withdraw money from LIC mutual funds?

    Here’s how to withdraw/redeem from LIC mutual funds on Tickertape Mutual Fund Screener -

    1. Step 1 - Select the LIC mutual funds you want to redeem
    2. Step 2 - It will automatically redirect you to smallcase app. There you’ve to login to your smallcase account using your registered email or broker login.
    3. Step 3 - Go to the “Investments” or “Portfolio” tab from the bottom navigation bar.
    4. Step 4 - Find the LIC mutual funds you want to withdraw under “Mutual Funds” section (or “My Investments”),
    5. Step 5 - Tap on the mutual fund

  6. What are the redemption charges of LIC mutual funds?

    LIC mutual funds do not levy any redemption charges. However, an exit load may apply if units are redeemed within a specified period from the date of investment. You can check the latest specific scheme details for charges on Tickertape Mutual Fund Screener.

  7. Which are the top-performing LIC mutual funds?

    Here are the top LIC mutual funds based on their 6M absolute returns:

    1. LIC MF Infra Fund
    2. LIC MF Small Cap Fund
    3. LIC MF Dividend Yield Fund
    4. LIC MF Midcap Fund
    5. LIC MF Large & Midcap Fund

    Disclaimer: Please note that this is not a recommendation. Please do your own research or consult your financial advisor before investing.

  8. How to increase the SIP amount in LIC mutual funds?

    You can do it from your broker account or from the LIC mutual fund official website.

  9. How to choose the best LIC mutual funds before investing?

    Here’s how to choose the best LIC mutual funds for investing -

    1. Assess your risk tolerance.
    2. Analyse the fund’s performance on Tickertape Mutual Fund Screener.
    3. Compare the expense ratio.
    4. Evaluate portfolio diversification across sectors, market c=aps, and asset classes.
    5. Understand tax implications as equity and debt funds are taxed differently.
    6. Check for exit load and lock-in period.


    Disclaimer: Please note that this is not a recommendation. Please do your own research or consult your financial advisor before investing.