LIC logoFund house overview

LIC
Mutual Fund.

LIC Mutual Fund is sponsored by the Life Insurance Corporation of India and has been in business since 1989. It absorbed IDBI Mutual Fund's schemes in 2023 and runs a mix of equity, debt and index funds.

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LIC Mutual Fund at a glance

Fund-house metrics and scheme data labelled separately.

AUM₹0.13 lakh CrFund house · Oct 2026
No. of schemes220Total schemes in catalogue
AMC age37 yearsSetup 20 April 1989
WebsiteVisit ↗LIC Mutual FundFund managers3 listedView managers ↓
01 / Explore

LIC mutual funds

Filter the list to find a scheme. Returns shown are annualised where applicable.

SchemeNAV
LIC MF Liquid Fund - Regular Plan - GrowthRegularLiquid Fund · Debt₹16,177 Cr₹5,103.1170.20%+6.4%+6.8%
LIC MF Money Market Fund - Regular Plan - GrowthRegularMoney Market Fund · Debt₹4,368 Cr₹1,288.65930.38%+6.4%+6.4%
LIC MF Large & Mid Cap Fund - Direct Plan - GrowthDirectLarge & Mid Cap Fund · Equity₹3,124 Cr₹43.08681.45%-3.2%+12.3%
LIC MF Large & Mid Cap Fund - Regular Plan - GrowthRegularLarge & Mid Cap Fund · Equity₹3,124 Cr₹36.86752.67%-4.4%+10.9%
LIC MF Multi Cap Fund - Direct Plan - GrowthDirectMulti Cap Fund · Equity₹2,173 Cr₹18.92820.78%+4.9%+17.1%
LIC MF Multi Cap Fund - Regular Plan - GrowthRegularMulti Cap Fund · Equity₹2,173 Cr₹17.77592.14%+3.4%+15.3%
LIC MF Ultra Short to Short Term fund - Regular Plan - GrowthRegularLow Duration Fund · Debt₹1,801 Cr₹42.60420.43%+5.9%+6.7%
LIC MF Banking & PSU Debt Fund - Regular Plan - GrowthRegularBanking and PSU Fund · Debt₹1,755 Cr₹36.99940.65%+4.4%+6.8%
LIC MF Large Cap Fund - Regular Plan - GrowthRegularLarge Cap Fund · Equity₹1,367 Cr₹50.96232.48%-8.9%+6.1%
LIC MF Infrastructure Fund - Direct Plan - GrowthDirectSectoral/ Thematic · Equity₹1,158 Cr₹60.73511.29%+6.2%+22.2%
10 of 51 funds shown · Top funds by AUM.
02 / Quick comparison

Compare funds at a glance

Add funds here or select them in the list. See the same key fields for each scheme.

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Choose up to three funds to compare.

Add a fund here, or select one from the fund list above.

NAV is a unit price, not a performance measure; schemes with different mandates need separate suitability checks.

Ask an expert for clarity
03 / Plan an amount

Returns calculator

Model a one-time amount or monthly SIP using an assumed annual return you choose.

Illustrative future value₹19,98,639
End of period
TodayYear 10
Amount invested₹12,00,000
Illustrative gain or loss₹7,98,639

Illustration only; not a fund return or forecast. Taxes, charges and market volatility are excluded.

04 / Reference details

Key information about LIC Mutual Fund

Mutual fund nameLIC Mutual Fund
Asset management companyLIC Mutual Fund
Mutual fund setup date20 April 1989
SponsorLife Insurance Corporation of India
Trustee organisationLIC Mutual Fund Trustee Private Limited
Managing directorT S Ramakrishnan
SEBI registrationMF/001/89/1
Mutual fund AUMAbout ₹0.13 lakh Cr as of Oct 2026
05 / Before you invest

Documents required to invest in LIC Mutual Fund

For an individual investor, the exact requirements depend on KYC status and account type.

PAN or permitted exemption

Keep a valid PAN or applicable exemption reference ready.

Identity and address proof

Use a document accepted under current KYC rules.

Bank details

Provide an account in your name for investments and redemptions.

Contact and nomination details

Keep mobile, email and nomination information available.

Joint holders, minors, NRIs and entities may require more. See AMFI's current KYC guidance.

06 / Simple process

How to invest in LIC MF schemes through Zomint

  1. 01Choose the scheme

    Match its mandate and riskometer to your goal and time horizon.

  2. 02Complete KYC

    Confirm identity, address and bank details as needed.

  3. 03Place the investment

    Choose SIP or one-time, review plan details and authorise payment.

Want help choosing the right scheme?

Review the fund and your current holdings with an advisor before investing.

Book a call with an advisor ↗
07 / Help

LIC Mutual Fund customer care

Phone

1800-258-5678

Mon-Fri 9:30am-5:30pm
Online support

Contact LIC Mutual Fund ↗

For official service, complaints and current contact details.
08 / People

Top LIC Mutual Fund managers

Key fund managers managing schemes under LIC.

Yogesh Patilequity
Dikshit MittalLinkedIn ↗equity
Mitul Shahdebt
09 / Zomint's view

The fund is one part of your portfolio

Zomint's investment process considers consistency, downside risk, costs, portfolio quality and manager behaviour. It also checks whether a new fund duplicates existing holdings.

Vishal Singh
Human-led investment process

Vishal Singh

Head of Investments at Zomint

Vishal and the investment team look at a fund alongside your existing holdings, costs and risk. A strong standalone scheme may still add too much overlap.

ConsistencyDownsideCostOverlap
10 / Common questions

Questions worth asking

11 / Sources & disclosure

Know when the data was checked

Scheme data

NAV, AUM, expense ratio and fund-manager assignments are sourced from LIC's official website and AMFI registered data. The fund table covers 220 schemes listed under LIC Mutual Fund. It is not the full AMC directory or a recommendation.

Fund-house figures

LIC reports about ₹0.13 lakh Cr in AUM as of Oct 2026. Source: official website.

Corporate details

Setup date (20 April 1989), sponsor, SEBI registration (MF/001/89/1) follow AMFI member records. Contact details come from LIC's website.

Costs

Expense ratios shown are Base Expense Ratio (BER) from the latest available factsheet. Check current TER disclosures for the full applicable expense figure.

Page updated

This page is auto-synced daily from verified data feeds. Zomint does not make any scheme recommendation on this page.

Mutual fund investments are subject to market risks. Read all scheme-related documents carefully. Past performance does not guarantee future results. Zomint is an AMFI-Registered Mutual Fund Distributor (ARN-369496). No scheme recommendation is made on this page.