LIC Mutual Funds have been delivering solid returns across different periods, making them a popular choice for investors seeking growth. With their affordable SIPs starting from just Rs. 200, these mutual funds cater to both seasoned and new investors. Backed by the credibility of LIC, one of India’s most trusted financial brands, these funds have demonstrated strong performance in short, mid, and long-term investments.
Let’s explore five high-performing equity mutual funds from LIC that have consistently provided impressive returns.
1. LIC MF Infrastructure Fund
Lump Sum 3-Year Return: 34% per annum
SIP 3-Year Return: 46.52% per annum
This fund focuses on infrastructure-related companies, and its high returns have made it a favorite among investors. With a strong track record, this scheme has attracted a sizable AUM of Rs. 725 crore as of September 2024.
Key Highlights:
- Launch Date: January 2, 2013
- Expense Ratio: 1.38%
- Minimum Lump Sum Investment: Rs. 5000
- Minimum SIP: Rs. 200
2. LIC MF Small Cap Fund
Lump Sum 3-Year Return: 26.28% per annum
SIP 3-Year Return: 35.67% per annum
This fund focuses on small-cap companies, offering investors exposure to fast-growing businesses. Despite being relatively young, this fund has shown impressive growth, with a return of over 26% on lump sum investments.
Key Highlights:
- Launch Date: June 21, 2017
- Expense Ratio: 1.53%
- AUM: Rs. 370 crore (Sept 2024)
- Minimum Lump Sum Investment: Rs. 5000
- Minimum SIP: Rs. 200
3. LIC MF Dividend Yield Fund
Lump Sum 3-Year Return: 22.46% per annum
SIP 3-Year Return: 35.04% per annum
Focusing on high-dividend-yielding companies, this fund is ideal for investors looking for steady returns. Since its launch in 2018, the Dividend Yield Fund has offered an impressive average return of 23.87% per annum.
Key Highlights:
- Launch Date: December 21, 2018
- Expense Ratio: 1.45%
- AUM: Rs. 436 crore (Sept 2024)
- Minimum Lump Sum Investment: Rs. 5000
- Minimum SIP: Rs. 200
4. LIC MF Nifty Next 50 Index Fund
Lump Sum 3-Year Return: 20% per annum
SIP 3-Year Return: 32.84% per annum
This index fund tracks the Nifty Next 50, offering investors exposure to the top 50 companies outside the Nifty 50 index. With a low expense ratio of just 0.32%, this fund provides a cost-effective way to invest in India’s leading companies.
Key Highlights:
- Launch Date: January 1, 2013
- Expense Ratio: 0.32%
- AUM: Rs. 101 crore (Sept 2024)
- Minimum Lump Sum Investment: Rs. 5000
- Minimum SIP: Rs. 200
5. LIC MF Midcap Fund
Lump Sum 3-Year Return: 19% per annum
SIP 3-Year Return: 32.97% per annum
Midcap funds are known for their potential to provide high growth, and LIC’s Midcap Fund is no exception. This fund has delivered 19% annual returns over 3 years and remains a solid option for investors seeking growth in the midcap segment.
Key Highlights:
- Launch Date: January 25, 2017
- Expense Ratio: 1.57%
- AUM: Rs. 334 crore (Sept 2024)
- Minimum Lump Sum Investment: Rs. 5000
- Minimum SIP: Rs. 200
These LIC Mutual Funds have proven to be top performers, providing high returns with affordable investment options. However, always consult a financial expert before making investment decisions, as markets carry inherent risks.
