LIC Mutual Fund, established in April 1989, manages assets worth ₹47,207 crore as of March 31, 2026. Systematic Investment Plans (SIPs) in India reached ₹13,306 crore in November 2022, their growing popularity. LIC Mutual Fund offers various schemes for investors seeking disciplined wealth creation.
| Parameter | Details |
|---|---|
| AMC Establishment Date | April 1989 |
| SEBI Registration Date | 1994 |
| Total Assets Under Management (AUM) | ₹47,207 crore (as of Mar 31, 2026) |
| Minimum SIP Investment Amount | ₹200 (for schemes like LIC MF BSE Sensex Index Fund, LIC MF Infrastructure Fund, LIC MF Gold ETF FoF Direct-Growth); ₹500 for other schemes |
| Minimum Lumpsum Investment Amount | ₹5,000 (for schemes like LIC MF BSE Sensex Index Fund, LIC MF Infrastructure Fund, LIC MF Gold ETF FoF Direct-Growth) |
| Major Shareholder in LIC Mutual Fund Asset Management | LIC of India (45% stake) |
| Other Key Stakeholders | LIC Housing Finance (39.30%), GIC Housing Finance (11.70%), Union Bank of India (4%) |
| SIP Investment Growth (India) | ₹13,306 crore (as of November 2022) |
| LIC MF BSE Sensex Index Fund (Category) | Equity |
| LIC MF Infrastructure Fund (Category) | Equity |
| LIC MF Gold ETF FoF Direct-Growth (Category) | Commodities |
| LIC MF Tax Plans (Specialization) | Equity-Linked Savings Schemes (ELSS) |
| LIC MF Technology Fund (Type) | Thematic Equity Scheme (focus on semiconductor, data center, digital commerce, internet, emerging tech) |
| LIC Multi CAP Fund (Average Annualized Return Since Inception) | 24.19% |
| LIC MF Children’s Gift Fund Direct Plan – Growth Option (Lock-in) | Minimum 5 years or until unitholder reaches majority, whichever is earlier |
| ELSS Investment Requirement | At least 80% corpus in equity and equity-related instruments (per SEBI) |
| ELSS Lock-in Period | 3 years (per SEBI) |
LIC Mutual Fund offers a diverse portfolio of schemes, including equity, debt, and commodity funds, with flexible investment options starting from ₹200 for SIPs.
LIC Mutual Fund Schemes for SIP Investment
LIC Mutual Fund offers a diverse portfolio of schemes suitable for SIP investments, covering equity, debt, and hybrid categories. As of March 31, 2026, LIC Mutual Fund Asset Management’s total assets under management (AUM) stood at approximately ₹47,207 crore, reflecting its significant presence in the Indian mutual fund industry.
| Scheme Name | Type/Category | Key Feature |
|---|---|---|
| LIC MF BSE Sensex Index Fund | Equity | Minimum SIP investment ₹200; tracks BSE Sensex |
| LIC MF Infrastructure Fund | Equity | Minimum SIP investment ₹200; invests in infrastructure sector |
| LIC MF Gold ETF FoF Direct-Growth | Commodities | Minimum SIP investment ₹200; invests in gold ETFs |
| LIC MF Tax Plans | Equity-Linked Savings Schemes (ELSS) | Offers tax benefits under Section 80C; 3-year lock-in period |
| LIC MF Technology Fund | Thematic Equity | SIP starts from ₹100; invests in technology-driven sectors |
| LIC Multi CAP Fund | Equity (Multi-CAP) | Average annualized return of 24.19% since inception |
| LIC MF Children’s Gift Fund | Hybrid | For children under 18; minimum 5-year lock-in or till majority |
| LIC MF Equity Fund | Equity | Available for daily SIP investments |
| LIC MF Growth Fund | Equity | Available for daily SIP investments; also a ULIP fund option (LIC SIIP) |
| LIC MF Midcap Fund | Equity (Mid-CAP) | Available for daily SIP investments |
| LIC MF Index Fund | Equity (Index) | Available for daily SIP investments |
| LIC MF Balanced Fund | Hybrid | Available for daily SIP investments; also a ULIP fund option (LIC SIIP) |
| LIC MF Monthly Income Plan | Debt-Oriented Hybrid | Available for daily SIP investments |
| LIC SIIP Bond Fund | Debt (ULIP Fund Option) | Part of LIC SIIP (Plan no. 752) |
| LIC SIIP Secured Fund | Hybrid (ULIP Fund Option) | Part of LIC SIIP (Plan no. 752) |
Investors can choose from 19 equity schemes and 10 debt schemes offered by LIC Mutual Fund, with minimum SIP investments starting from ₹100 for some schemes like the LIC MF Technology Fund (Source: Business Standard, as of 2026).
LIC Mutual Fund AUM & Performance Data 2026
LIC Mutual Fund’s Assets Under Management (AUM) stood at ₹47,207 crore as of March 31, 2026, reflecting its significant presence in the Indian mutual fund industry. The fund house, established in 1989 and registered with SEBI in 1994, offers a diverse range of schemes for investors.
SIP investments in India reached ₹13,306 crore in November 2022, the growing preference for systematic investing. LIC Mutual Fund schemes like LIC MF Infrastructure Fund have delivered strong annualized returns, with 28.95% over three years and 24.58% over five years.
| Metric | Value (₹ Crore) | Source |
|---|---|---|
| Total Assets Under Management (AUM) | ₹47,207 crore (as of Mar 31, 2026) | LIC Mutual Fund |
| LIC of India Stake in LIC Mutual Fund Asset Management | 45% | LIC Mutual Fund |
| LIC Housing Finance Stake | 39.30% | LIC Mutual Fund |
| GIC Housing Finance Stake | 11.70% | LIC Mutual Fund |
| Union Bank of India Stake | 4% | LIC Mutual Fund |
| LIC Mutual Fund Establishment Year | 1989 | LIC Mutual Fund |
| LIC Mutual Fund Registration with SEBI | 1994 | SEBI |
| LIC MF BSE Sensex Index Fund – 3 Year Annualized Returns | 6.57% | LIC Mutual Fund |
| LIC MF BSE Sensex Index Fund – 5 Year Annualized Returns | 8.11% | LIC Mutual Fund |
| LIC MF Infrastructure Fund – 3 Year Annualized Returns | 28.95% | LIC Mutual Fund |
| LIC MF Infrastructure Fund – 5 Year Annualized Returns | 24.58% | LIC Mutual Fund |
| LIC MF Gold ETF FoF Direct-Growth – 3 Year Annualized Returns | 35.37% | LIC Mutual Fund |
| LIC MF Gold ETF FoF Direct-Growth – 5 Year Annualized Returns | 24.83% | LIC Mutual Fund |
| LIC MF Multi CAP Fund – Average Annualized Return Since Inception | 24.19% | LIC Mutual Fund |
| Minimum SIP Investment for most schemes | ₹200 (e.g., Sensex Index Fund, Infrastructure Fund) | LIC Mutual Fund |
| Minimum SIP Investment for LIC MF Technology Fund | ₹100 | LIC Mutual Fund |
| Minimum Lump Sum Investment for most schemes | ₹5,000 (e.g., Sensex Index Fund, Infrastructure Fund) | LIC Mutual Fund |
| ELSS Lock-in Period | 3 years | SEBI |
LIC Mutual Fund’s diverse portfolio includes equity, debt, and hybrid schemes, with specific funds like the LIC MF Technology Fund targeting emerging sectors. The fund house continues to be a key player, offering various investment options to Indian investors.
How to Start an LIC Mutual Fund SIP
Starting an LIC Mutual Fund SIP involves a straightforward online process, beginning with KYC verification. Investors can initiate a SIP with a minimum investment of ₹200 for schemes like the LIC MF BSE Sensex Index Fund (Source: Groww.in, as of March 2026).
The entire process, from selecting a fund to setting up the SIP mandate, can be completed digitally through the mutual fund’s official website or an online investment portal.
- Complete KYC: Investors must complete their Know Your Customer (KYC) process, which includes a selfie, a live video verification, providing personal details, and an eSign for the SIP mandate.
- Choose a Platform: You can invest directly through the LIC Mutual Fund official website or via online investment platforms like Groww, Policybazaar, or Bajaj Finserv.
- Select a Scheme: Browse available LIC Mutual Fund schemes such as LIC MF Infrastructure Fund or LIC MF Gold ETF FoF Direct-Growth.
- Decide Investment Mode: Choose between a Systematic Investment Plan (SIP) for regular contributions or a lump sum “Invest One Time” option.
- Set Investment Amount: The minimum SIP investment for many LIC MF schemes is ₹200, while lump sum investments typically start from ₹5,000 (as of March 2026).
- Set Up SIP Mandate: For SIPs, set up an auto-debit mandate from your bank account to ensure regular investments.
- Review and Confirm: Verify all details, including the scheme, investment amount, and frequency, before confirming the transaction.
- Track Investments: After successful investment, monitor your SIP performance and portfolio value through the chosen online platform.
The transaction processes upon successful verification of all KYC documents, allowing investors to begin their wealth accumulation journey with LIC Mutual Fund.
Benefits of Investing in LIC Mutual Fund SIPs
Investing in LIC Mutual Fund SIPs offers several advantages for wealth creation and financial planning in India. LIC Mutual Fund, established in 1989, uses its parent company’s trusted legacy, managing assets worth ₹47,207 crore as of March 31, 2026.
These SIPs provide a disciplined approach to investing, with minimum investment amounts as low as ₹200 for schemes like LIC MF BSE Sensex Index Fund.
- Disciplined Investing: SIPs promote regular savings habits by automating monthly investments, starting from ₹200 for many schemes. This helps build a substantial corpus over time without market timing.
- Rupee Cost Averaging: Investing a fixed amount regularly helps average out the purchase cost of units. You buy more units when prices are low and fewer when prices are high, reducing overall risk.
- Diversification: LIC Mutual Fund offers a wide range of schemes across equity, debt, and hybrid categories, including the LIC Multi CAP Fund which has delivered an average annualized return of 24.19% since inception. This allows investors to diversify their portfolio.
- Professional Management: Funds are managed by experienced fund managers, such as RK Jha (MD & CEO), who make informed investment decisions based on market research and expertise. This removes the burden of active portfolio management from individual investors.
- Affordable Entry: The minimum SIP investment for many LIC Mutual Fund schemes is ₹200, making IT accessible for a broad range of investors, including those with limited capital. The general minimum SIP investment for LIC Mutual Fund is ₹500.
- Tax Benefits: Certain schemes, like the LIC MF Tax Plan (an ELSS), offer tax benefits under Section 80C of the Income Tax Act, with a mandatory 3-year lock-in period. These schemes invest at least 80% of their corpus in equity.
- Flexibility: Investors can choose from various SIP frequencies (monthly, quarterly) and amounts, and can also opt for daily SIPs in schemes like LIC MF Infrastructure Fund and LIC MF Equity Fund. SIPs can be stopped or modified as per financial needs.
These benefits make LIC Mutual Fund SIPs a viable option for long-term financial goals, supported by a strong regulatory framework from SEBI.
LIC Mutual Fund SIP vs Other SIPs
LIC Mutual Fund SIPs offer a trusted investment avenue, with LIC of India holding a 45% stake in the AMC. As of March 31, 2026, LIC Mutual Fund’s total Assets Under Management (AUM) stood at ₹47,207 crore. Compared to other major fund houses like SBI and HDFC, LIC MF provides competitive minimum SIP investments, starting from ₹100 for new fund offers and ₹200 for established schemes.
| Feature | LIC Mutual Fund SIP | SBI Mutual Fund SIP | HDFC Mutual Fund SIP |
|---|---|---|---|
| Minimum SIP Investment | ₹100 (for new NFOs), ₹200 (for schemes like BSE Sensex Index Fund) | ₹1,000 (for some funds like SBI Equity Hybrid Fund) | ₹500 (for some funds like HDFC Hybrid Equity Fund) |
| Investment Focus | Insurance-linked products, equity, hybrid, debt mutual funds, ULIPs | Wealth creation, diverse SIP plans for various goals and risk profiles | Market-linked growth, balanced funds, large & mid-CAP funds |
| Key Benefits | Future value estimation, long-term goal planning, financial discipline, trusted AMC | Systematic wealth growth, rupee-cost averaging, compounding, disciplined investing | Consistent returns, diversification, risk management, steady performance |
| Tax Benefits | Section 80C for ELSS (LIC MF Tax Plans), tax-free maturity | ELSS schemes offer Section 80C benefits | ELSS schemes offer Section 80C benefits |
| Withdrawal/Cancellation | Discontinuation via official website or online investing portal | Systematic Withdrawal Plan (SWP) available | Exit load of 1.0% if sold before 365 days (e.g., HDFC Large CAP Fund) |
| Risk Appetite | Market-linked products with inherent risks; investors assess tolerance | Various plans for different risk appetites, benefits from rupee-cost averaging | Moderately high risk (e.g., HDFC Hybrid Equity Fund), suitable for some risk |
| Establishment Year | 1989 (LIC Mutual Fund), 1994 (SEBI registration) | 1987 (SBI Mutual Fund) | 2000 (HDFC Mutual Fund) |
| AUM (as of Mar 31, 2026) | ₹47,207 crore | ₹10.84 lakh crore (as of March 2026) | ₹6.35 lakh crore (as of March 2026) |
While LIC Mutual Fund offers a strong legacy and diverse schemes, investors should compare specific fund performance, expense ratios, and investment objectives across fund houses to align with their financial goals.
LIC SIP Calculator: Estimate Your Returns
The LIC SIP Calculator helps investors estimate potential returns on their Systematic Investment Plans (SIPs) in LIC Mutual Funds. This tool projects how your monthly investments can grow over a chosen tenure, based on an assumed rate of return.
As of March 31, 2026, LIC Mutual Fund Asset Management’s total assets under management (AUM) stood at ₹47,207 crore, reflecting its significant presence in the Indian mutual fund industry.
- Investment Amount: You can input your desired monthly SIP amount, with minimums starting from ₹100 for schemes like LIC MF Technology Fund, and ₹200 for others like LIC MF BSE Sensex Index Fund.
- Investment Tenure: Specify the number of years you plan to invest. The calculator can project returns for short-term periods like 5 years or long-term horizons exceeding 20 years.
- Assumed Rate of Return: Enter an estimated annual return percentage. While equity mutual funds often assume average returns between 12% to 18% p.a., actual returns depend on market performance.
- Maturity Value: The calculator instantly displays the estimated final value of your investment, including the total invested amount and the wealth gained.
- Goal-Based Planning: Use the calculator to align your SIP investments with financial goals such as children’s education, marriage, or retirement planning.
This calculator provides an approximation of future value, helping you make informed decisions about your LIC Mutual Fund SIP investments.
LIC Mutual Fund: Regulatory Compliance & Stakeholders
LIC Mutual Fund operates under the strict regulatory framework of SEBI, having been registered as a fund house in 1994. As of March 31, 2026, LIC Mutual Fund Asset Management oversees total assets under management (AUM) of approximately ₹47,207 crore. The Life Insurance Corporation of India holds a 45% stake in LIC Mutual Fund Asset Management, making IT the largest shareholder.
Other key stakeholders include LIC Housing Finance with a 39.30% stake, GIC Housing Finance with 11.70%, and Union Bank of India with 4%. This diverse ownership structure ensures strong governance and financial backing. The fund house has nearly 30 years of experience managing investor funds in India.
Key Takeaways
- LIC Mutual Fund is SEBI-registered since 1994, managing ₹47,207 crore AUM as of March 31, 2026.
- The Life Insurance Corporation of India is the largest stakeholder with a 45% ownership in the AMC.
- Investors must complete a KYC process, including a selfie and live video, for SIP mandate setup.
For detailed scheme information and to initiate an investment, visit the official LIC Mutual Fund website.
Frequently Asked Questions (FAQs)
What is an LIC SIP plan?
An LIC SIP plan allows you to invest a fixed amount regularly into mutual fund schemes offered by LIC Mutual Fund. This systematic investment approach helps you build wealth over time by investing small sums monthly instead of a large lump sum. LIC Mutual Fund was established in April 1989 by the Life Insurance Corporation of India.
How does the LIC SIP calculator work?
The LIC SIP calculator estimates the future value of your monthly investments in LIC Mutual Funds. You input your monthly SIP amount, investment tenure, and expected annual return, and the calculator projects your maturity value. This tool helps you plan for financial goals over periods like 5 years or more.
What is the minimum SIP investment amount for LIC Mutual Funds?
The minimum SIP investment amount for many LIC Mutual Fund schemes, such as the LIC MF BSE Sensex Index Fund and LIC MF Infrastructure Fund, is ₹200 per month. For lump sum investments, the minimum amount typically starts from ₹5,000. Always verify the specific minimums for your chosen scheme.
Which are some of the best LIC Mutual Fund schemes for SIP in 2026?
As of 2026, LIC Mutual Fund offers various schemes suitable for SIPs, including equity, debt, and hybrid funds. Popular options include the LIC MF Large CAP Fund, LIC MF Infrastructure Fund, and the recently launched LIC MF Technology Fund. Your choice should align with your risk tolerance and financial goals.
Can I invest in LIC SIP plans online?
Yes, you can invest in LIC SIP plans online through various platforms like Groww, ET Money, and Bajaj Finserv. These platforms allow you to select your preferred LIC Mutual Fund scheme and set up a systematic investment plan with ease. You can choose between SIP or a one-time lump sum investment.
What returns can I expect from an LIC SIP plan?
Expected returns from an LIC SIP plan vary significantly based on the chosen mutual fund scheme and market performance. Historically, equity-linked SIPs have aimed for average annual returns ranging from 10% to 15% over long periods. However, past performance does not guarantee future returns.
Are LIC ULIPs the same as LIC Mutual Fund SIPs?
No, LIC ULIPs (Unit-Linked Insurance Plans) are not the same as LIC Mutual Fund SIPs. ULIPs combine investment with life insurance coverage, while LIC Mutual Fund SIPs are pure investment products. Both allow systematic investments, but their structures and regulatory frameworks differ, with ULIPs regulated by IRDAI and mutual funds by SEBI.
Disclaimer: This article is general information, not financial advice. Interest rates, fees, and eligibility change frequently. Verify current details with the lender or regulator (RBI / SEBI) before deciding.