LIC Mutual Fund
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LIC Mutual Fund is sponsored by Life Insurance Corporation of India (LIC), the country's largest life insurer and a government-owned organisation. The AMC has been in operation since 1989 and is SEBI-registered. LIC's unparalleled distribution network spanning urban and rural India supports the AMC's wide retail reach. The AMC offers equity, debt, hybrid, and ETF schemes. LIC Mutual Fund's government-backed parentage and long operational history make it a familiar name for investors who value institutional credibility.
Total AUM
₹40.01K Cr
as on 30-Jun-2026
AUM Change
- ₹3.25K Cr
May '26 → Jun '26
Total Funds
36
19 Equity · 9 Debt · 8 Hybrid
Fund Managers
13
Active portfolio managers
Best LIC Mutual Funds
AUM ₹235 Cr •
Expense 1.9%
AUM ₹782 Cr •
Expense 1.5%
AUM ₹743 Cr •
Expense 1.4%
AUM ₹93 Cr •
Expense 1.4%
AUM ₹1137 Cr •
Expense 1.4%
AUM ₹108 Cr •
Expense 0.3%
AUM ₹1053 Cr •
Expense 2.2%
AUM ₹2042 Cr •
Expense 0.9%
AUM ₹718 Cr •
Expense 1%
AUM ₹369 Cr •
Expense 1.4%
AUM ₹269 Cr •
Expense 1.7%
AUM ₹171 Cr •
Expense 2.9%
AUM ₹3093 Cr •
Expense 1.9%
AUM ₹1013 Cr •
Expense 0.9%
AUM ₹361 Cr •
Expense 0.6%
AUM ₹1362 Cr •
Expense 1.4%
AUM ₹476 Cr •
Expense 1.1%
AUM ₹86 Cr •
Expense 1.1%
AUM ₹90 Cr •
Expense 0.7%
Which LIC Funds are gaining or losing investor interest?
Net cash flow into LIC Mutual Fund schemes — for the month of June 2026.
Highest Inflow — June 2026
Fund | Net Flow |
|---|---|
 LIC MF Low Duration Fund | +₹79 Cr |
LIC MF Ultra Short Duration Fund | +₹66 Cr |
LIC MF Multi Cap Fund | +₹31 Cr |
LIC MF Gold ETF FOF Fund | +₹14 Cr |
LIC MF Infrastructure Fund | +₹13 Cr |
Highest Outflow — June 2026
Fund | Net Flow |
|---|---|
LIC MF Liquid Fund | -₹2,701 Cr |
LIC MF Money Market Fund | -₹1,145 Cr |
LIC MF Overnight Fund | -₹277 Cr |
LIC MF Medium to Long Duration Fund | -₹12 Cr |
LIC MF Large Cap Fund | -₹7 Cr |
Compare LIC Mutual Fund with other AMCs
AMC | AUM(in Cr) | AUM change (1M) | AUM Rank | Action |
|---|---|---|---|---|
 ICICI | ₹10.3L Cr | + ₹80.5K Cr | 1/51 | Invest |
 SBI | ₹9.1L Cr | + ₹85.2K Cr | 2/51 | Invest |
 HDFC | ₹9.2L Cr | + ₹82.9K Cr | 3/51 | Invest |
 Kotak | ₹5.8L Cr | + ₹53.8K Cr | 4/51 | Invest |
 Nippon | ₹5.2L Cr | + ₹62.3K Cr | 5/51 | Invest |
 Aditya Birla Sun Life | ₹4.2L Cr | + ₹36.3K Cr | 6/51 | Invest |
 Axis | ₹3.7L Cr | + ₹52.6K Cr | 7/51 | Invest |
 UTI | ₹2.6L Cr | + ₹34K Cr | 8/51 | Invest |
Management Team | |
Shri T. S. Ramakrishnan | CEO |
Mr. Saravana Kumar Ananthan | Chief Investment Officer |
Mr Mayank Arora | Chief Compliance Officer |
Top Fund Managers of LIC Mutual Fund
Key information about LIC Mutual Funds
Industrial Assurance Building, 4th Floor, Opp. Churchgate Station, Mumbai - 400020
1800 258 5678 (Toll Free)
Fax: +91 22 6601 6191
service_licmf@kfintech.com
How to Start Investing in LIC Mutual Funds with INDmoney
After you have understood how LIC Mutual Funds are, it is time for you to start your investment process with INDmoney. Below are some simple steps to follow to start your mutual fund's investment journey with us.
Step 1: Download the INDmoney app and create your free investment account by completing your KYC ( Know Your Customer).
Step 2: Once your Free investment account is ready, you can either search for a LIC mutual fund or go to the mutual fund section.
Step 3: Choose any LIC Mutual Fund by looking at aspects like past returns, volatility, downside capture ratio, AUM, Expense ratios and underlying stocks and sectors.
Step 4: You can choose to set up SIP in any LIC Mutual Funds or even invest as a lump sum. Once you are on the individual LIC mutual Fund page, click on “One-time” for lump sum investment or “SIP” for systematic investment plan.
Step 5: Choose the amount that you want to invest as SIP or Lump Sum.
Step 6: Set up payments. If you choose to set up SIP in any LIC mutual funds, you can do a free automatic pay set-up via bank mandate or UPI. If you choose to invest in a lump sum (one-time), then you can pay via UPI, netbanking, NEFT or RTGS.
Frequently asked questions
You can calculate the Daily/ Weekly/ Monthly/ Quarterly SIP Amount for all LIC Mutual Funds using INDMoney’s Trust SIP Calculator
You can receive your LIC Mutual Fund account statement on your registered email and INDMoney’s online portal after you invest.
All LIC mutual funds are registered under SEBI and the latter monitors every transaction that occurs to and from this AMC. Hence, you can invest in this mutual fund without worrying about fraud or theft. However, note that all mutual funds carry some investment risks.
There are various ways you can redeem your LIC Mutual Fund. If you have invested from IND money, you can simply place your redemption request from the INDmoney mobile app.
Some of the factors you should consider for investing in a mutual fund are:
- Experience of the fund manager
- Past performance of the fund
- AMC’s reputation
- Your risk appetite
- Investment horizon
- Portfolio of the scheme