LIC Mutual Fund: In view of today’s rising inflation, people are preferring to invest so that their and their family’s future can be secured, but investment cannot be done just anywhere. For this it is important for us to have correct information. In such a situation, if you are planning to invest in mutual funds, then some schemes of LIC Mutual Fund can prove to be good options for you.

LIC Mutual Fund was established on 20 April 1994 and is sponsored by Life Insurance Corporation of India (LIC). According to AMFI, its trustee company is LIC Mutual Fund Trustee Private Ltd. While LIC Mutual Fund Asset Management Limited is its asset management company.

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Let us tell you that LIC Mutual Fund runs many schemes in both debt and equity categories. Now let us know about those top 5 schemes which have given excellent returns in the long run.

1. LIC MF Infrastructure Fund

This scheme has given an average annual return of 18.51 percent in the last 10 years. Its NAV is Rs 60.08. If an investor had made a monthly SIP of Rs 10,000, his fund would have become approximately Rs 34.73 lakh in 10 years.

important information

• Total assets: ₹905 crore
• Expense ratio: 1.01 percent
• Benchmark: NIFTY Infrastructure TRI
• Minimum investment: Rs 5 thousand
• Minimum SIP: Rs 200

2. LIC MF Large and Mid Cap Fund

This scheme has given 16.18 percent annual return in the last 10 years. Its NAV is Rs 43.11. That means, with a monthly SIP of Rs 10,000, a fund of Rs 29.98 lakh was generated in 10 years.

important information

• Total Assets: ₹2,710 crore
• Expense ratio: 0.90 percent
• Benchmark: NIFTY Large Midcap 250 TRI
• Minimum investment: Rs 5 thousand
• Minimum SIP: Rs 200

3.LIC MF Nifty Next 50 Index Fund

If we talk about this scheme, it has given 14.41 percent annual return in the last 10 years. Its NAV is Rs 57.62. That means, from SIP of Rs 10 thousand, a fund of about Rs 26.87 lakh was generated in 10 years.

important information

• Total Assets: Rs 90 crore
• Expense ratio: 0.38 percent
• Benchmark: NIFTY Next 50 TRI
• Minimum investment: Rs 5 thousand
• Minimum SIP: ₹200

4. LIC MF Nifty 100 ETF

This scheme has given 13.10 percent annual return in the last 10 years and its NAV is 271.98. It means clearly that from SIP of Rs 10 thousand, a fund of about Rs 24.81 lakh was generated in 10 years.

important information

• Total Assets: ₹668 crore
• Expense ratio: 0.28 percent
• Benchmark: Nifty 100 TRI
• Minimum investment: Rs 5 thousand

5. LIC MF Nifty 50 ETF

This scheme has given 13.05 percent annual return in the last 10 years. Its NAV is Rs 267.46. That means, from 10 thousand monthly SIP, a fund of about Rs 24.74 lakh was created in 10 years.

important information

• Total Assets: ₹799 crore
• Expense ratio: 0.06 percent
• Benchmark: Nifty 50 TRI
• Minimum investment: Rs 5 thousand

These schemes can become an option for good returns for long term investors.