LIC MF Mutual Fund

LIC Mutual Fund FAQs

• 1. Which LIC Mutual Fund is best for SIP in equity category?
  There are various subcategories under the equity category itself. LIC Mutual Fund offers a varied class of funds under its equity umbrella. The 3 best equity funds for SIP are actually the top rated ones which have consistently given superior returns in their respective defined categories.
  
  LIC MF Infrastructure Fund Direct-Growth - Scheme rating: 5 star - NAV: Rs. 54.22 - SIP Returns% (1/3/5 yr): 32.84%/ 51.86%/ 57.5% - Expense ratio: 1.37% - Asset Size: Rs. 750.04 cr
  
  LIC MF Nifty Next 50 Index Fund Direct-Growth - Scheme rating: 4 star - NAV: Rs. 56.42 - SIP Returns% (1/3/5 yr): 22.81%/ 34.35%/ 33.88% - Expense ratio: 0.32% - Asset Size: Rs. 101.48 cr
  
  LIC MF Large & Mid Cap Fund Direct-Growth - Scheme rating: 3 star - NAV: Rs. 43.18 - SIP Returns% (1/3/5 yr): 25.21%/ 30.53%/ 33.01% - Expense ratio: 0.59% - Asset Size: Rs. 3234.88 cr
  
  
• 2. Which are the top performing LIC Mutual Fund?
  The 3 top performing funds for LIC Mutual Fund based on the descending order of returns are:
  
  LIC MF Infrastructure Fund Direct-Growth - NAV: Rs. 54.22 - Trailing Returns% (1/3/5 yr): 65.48% / 32.26% / 28.67% - Expense ratio: 1.37% - Asset Size: Rs. 750.04 cr
  
  LIC MF Small Cap Fund Direct - Growth - NAV: Rs. 34.41 - Trailing Returns% (1/3/5 yr): 47.63% / 24.96% / 29.54% - Expense ratio: 1.53% - Asset Size: Rs. 370.18 cr
  
  LIC MF Dividend Yield Fund Direct - Growth - NAV: Rs. 31.8 - Trailing Returns% (1/3/5 yr): 53.47% / 21.05% / 24.26% - Expense ratio: 1.45% - Asset Size: Rs. 436.11 cr
  
  
• 3. Which are the best LIC Mutual Fund?
  The 3 best equity LIC Mutual Fund are actually the top rated ones which have consistently given superior returns in their respective defined categories.
  
  LIC MF Infrastructure Fund Direct-Growth - Scheme rating: 5 star - NAV: Rs. 54.22 - Trailing Returns% (1/3/5 yr): 65.48% / 32.26% / 28.67% - Expense ratio: 1.37% - Asset Size: Rs. 750.04 cr
  
  LIC MF Nifty Next 50 Index Fund Direct-Growth - Scheme rating: 4 star - NAV: Rs. 56.42 - Trailing Returns% (1/3/5 yr): 60.62% / 18.89% / 20.28% - Expense ratio: 0.32% - Asset Size: Rs. 101.48 cr
  
  LIC MF Large & Mid Cap Fund Direct-Growth - Scheme rating: 3 star - NAV: Rs. 43.18 - Trailing Returns% (1/3/5 yr): 44.96% / 17.21% / 21.66% - Expense ratio: 0.59% - Asset Size: Rs. 3234.88 cr
  
  
• 4. Which are the top performing sectoral/thematic based funds in LIC Mutual Fund?
  The 3 top performing sectoral/thematic based funds for LIC Mutual Fund based on the descending order of returns are:
  
  LIC MF Infrastructure Fund Direct-Growth - NAV: Rs. 54.22 - Trailing Returns% (1/3/5 yr): 65.48% / 32.26% / 28.67% - Expense ratio: 1.37% - Asset Size: Rs. 750.04 cr
  
  LIC MF Dividend Yield Fund Direct - Growth - NAV: Rs. 31.8 - Trailing Returns% (1/3/5 yr): 53.47% / 21.05% / 24.26% - Expense ratio: 1.45% - Asset Size: Rs. 436.11 cr
  
  LIC MF Healthcare Fund Direct - Growth - NAV: Rs. 31.94 - Trailing Returns% (1/3/5 yr): 62.41% / 17.48% / 25.37% - Expense ratio: 1.21% - Asset Size: Rs. 75.05 cr
  
  
• 5. Which LIC Mutual Fund is best for SIP in debt category?
  LIC Mutual Fund offers various subcategories under the debt category itself. Understanding a debt fund could be complex as there are several parameters that need to be looked at in conjunction with each other to determine the suitability of a debt fund in one’s portfolio. However, essentially, the best ways to select a debt fund for SIP are based upon:
  
  i) Lending of upto 1 year
  
  LIC MF Low Duration Fund Direct-Growth - Scheme rating: 3 star - NAV: Rs. 40.63 - SIP Returns% (1 yr): 7.73% - Expense ratio: 0.27% - Asset Size: Rs. 1494.13 cr
  
  LIC MF Ultra Short Duration Fund Direct - Growth - Scheme rating: 3 star - NAV: Rs. 1283.29 - SIP Returns% (1 yr): 7.21% - Expense ratio: 0.25% - Asset Size: Rs. 259.05 cr
  
  LIC MF Liquid Fund Direct-Growth - Scheme rating: 3 star - NAV: Rs. 4566.97 - SIP Returns% (1 yr): 6.79% - Expense ratio: 0.16% - Asset Size: Rs. 8924.06 cr
  
  ii) Fund’s sensitivity to interest-rate movements
  
  LIC MF Medium to Long Duration Fund Direct-Growth - Scheme rating: 3 star - NAV: Rs. 73.27 - SIP Returns% (1/3/5 yr): 10.43% / 8.77% / 7.29% - Expense ratio: 0.21% - Asset Size: Rs. 178.06 cr
  
  LIC MF Short Duration Fund Direct - Growth - Scheme rating: 3 star - NAV: Rs. 14.66 - SIP Returns% (1/3/5 yr): 8.63% / 7.67% / 6.84% - Expense ratio: 0.37% - Asset Size: Rs. 111.33 cr
  
  iii) Credit Quality of a fund’s portfolio
  
  LIC MF Banking & PSU Fund Direct-Growth - Scheme rating: 3 star - NAV: Rs. 35.39 - SIP Returns% (1/3/5 yr): 8.63% / 7.64% / 6.83% - Expense ratio: 0.28% - Asset Size: Rs. 1591.08 cr
  
• 6. What are the NAVs of top schemes of LIC Mutual Fund?
  The NAVs of the top 3 schemes for LIC Mutual Fund:
  
  i) Based on the descending order of returns:
  
  LIC MF Infrastructure Fund Direct-Growth - NAV: Rs. 54.22 - Trailing Returns% (3 yr): 32.26%
  
  LIC MF Small Cap Fund Direct - Growth - NAV: Rs. 34.41 - Trailing Returns% (3 yr): 24.96%
  
  LIC MF Dividend Yield Fund Direct - Growth - NAV: Rs. 31.8 - Trailing Returns% (3 yr): 21.05%
  
  ii) Based on the descending order of asset size:
  
  LIC MF Liquid Fund Direct-Growth - NAV: Rs. 4566.97 - Asset Size: Rs. 8924.06 cr
  
  LIC MF Large & Mid Cap Fund Direct-Growth - NAV: Rs. 43.18 - Asset Size: Rs. 3234.88 cr
  
  LIC MF Banking & PSU Fund Direct-Growth - NAV: Rs. 35.39 - Asset Size: Rs. 1591.08 cr
  
• 7. What are the fees or charges of a LIC Mutual Fund?
  The fees or charges of a LIC Mutual Fund differ from fund to fund. Typically, such fees are expressed as a percentage of your overall investment which is usually called the expense ratio. Lower this ratio, the better it will be for an investor. The expense ratio of a LIC Mutual Fund is higher for an actively managed fund vis-a-vis an index tracking passively managed fund. An investor should also be wary of the plan option of a LIC Mutual Fund and invest in the Direct plan of a fund as a Regular plan has higher expense ratio due to the commission paid out to brokers/distributors.
  
  Top 3 passive funds with the lowest expense ratio are:
  
  LIC MF Nifty 50 ETF -IDCW - NAV: Rs. 265.74 - Expense ratio: 0.06% - Asset Size: Rs. 881.59 cr
  
  LIC MF BSE Sensex ETF -Growth - NAV: Rs. 879.7 - Expense ratio: 0.1% - Asset Size: Rs. 874.61 cr
  
  LIC MF Nifty 8-13 yr G-Sec Term Exchange Traded Fund-Growth - NAV: Rs. 26.38 - Expense ratio: 0.16% - Asset Size: Rs. 2200.04 cr
  
  Top 3 active equity funds with the lowest expense ratio are:
  
  LIC MF BSE Sensex ETF -Growth - NAV: Rs. 879.7 - Expense ratio: 0.1% - Asset Size: Rs. 874.61 cr
  
  LIC MF Nifty Midcap 100 ETF - Growth - NAV: Rs. 55.28 - Expense ratio: 0.16% - Asset Size: Rs. 743.77 cr
  
  LIC MF Nifty 50 Index Fund Direct-Growth - NAV: Rs. 142.86 - Expense ratio: 0.2% - Asset Size: Rs. 340.27 cr
  
  Top 3 active debt funds with the lowest expense ratio are:
  
  LIC MF Overnight Fund Direct - Growth - NAV: Rs. 1287.53 - Expense ratio: 0.07% - Asset Size: Rs. 869.37 cr
  
  LIC MF Liquid Fund Direct-Growth - NAV: Rs. 4566.97 - Expense ratio: 0.16% - Asset Size: Rs. 8924.06 cr
  
  LIC MF Nifty 8-13 yr G-Sec Term Exchange Traded Fund-Growth - NAV: Rs. 26.38 - Expense ratio: 0.16% - Asset Size: Rs. 2200.04 cr
  
• 8. What are the contact details of LIC Mutual Fund?
  The contact details of LIC Mutual Fund are as follows:
  
  Head Office Address: Industrial Assurance Building, Ground Floor, Opp. Churchgate Station,, Mumbai-400020
  Contact No: 022-66016177 / 022-66016178