LIC Mutual Fund was established on 20th April 1989 by LIC India. LIC India id India's most trusted and premium brands. As part of LIC India, LIC mutual fund is one of the well-known players in the Asset Managemmore...
Investment Duration5 years
₹ 0Total Investment
₹ 0Wealth Gained
Total Corpus Created (₹)With CAGR of 11.25 % in 5 years
|Fund Name||Scripbox Opinion|
|Till Date CAGR|
LIC Mutual Fund Asset Management Limited manages assets worth 15,674 crores and was set up on 20 April 1994. It's current offering of mutual fund schemes includes 24 equity,40 debt and 32 hybrid funds.
|Founded||20 April 1994|
|CIO||Mr Saravana Kumar A|
|Trustee||LIC Mutual Fund Trustee Private Limited|
|Incorporated||20 April 1994|
|MD & CEO||Shri. Raj Kumar|
|Sponsors||Life Insurance Corporation of India|
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Investing with Scripbox in mutual funds is a simple and easy process. One can invest in LIC mutual funds by following the steps below:
Know Your Customer (KYC) is a technique for identifying a customer. SEBI has mandated KYC requirements. Investors must be KYC compliant in order to invest in SEBI registered mutual funds. Identity information, residence, financial status, occupation, and demographic information will all be included on a KYC form.
Scripbox can help you with your KYC. Resident Indians and PIOs residing in India will require the following KYC documents:
At the time of registration, you must upload clear and colour scanned copies of your KYC documents. Or. You can also send us your KYC documents by email at firstname.lastname@example.org or via Whatsapp at +91-8884448026.
The following steps help you download the LIC mutual fund investment statement using the Scripbox App:
The investment statement sheet includes the following details:
Explore: Fund Managers
|Fund Manager Name||Type Of Fund||Number of Schemes|
Mr Patil joined LIC Mutual Fund in 2018 as a Fund Manager and is currently the Head of Equities. He has more than 16 years of experience in the Indian Equity Markets (both buy and sell-side). Before joining LIC, he was working with Canara Robeco Asset Management Company and Sahara Mutual Fund. During his stint at Canara AMC, his fund Canara Robeco Infrastructure Fund, ranked No. 1 by CRISIL for four quarters. Furthermore, Mr Patil holds an MBA degree in Finance from Symbiosis Institute of Business Management.
Ms Modi joined LIC in 2018 as an Equity Research Analyst. Currently, she is the Fund Manager at LIC AMC. She manages both active and passive mutual fund. Ms Modi has more than ten years of experience in equity research. She has strong stock-picking skills and also focused on understanding the evolution and competitive advantages of companies. Prior to joining LIC, she was working with Ambit Capital. Furthermore, Ms Modi holds an MBA in Finance from the University of Mumbai and a B.Com from Mulund College of Commerce.
Mr Doshi joined LIC AMC in 2019. He is the Equity Research Analyst at the fund house. He has more than seven years of industry experience. His expertise lies in the Pharmaceuticals, Information Technology and Specialty Chemicals sectors. Before joining LIC, he was with Subhkam Ventures (I) Private Limited. Furthermore, Mr Doshi is an MBA Finance graduate from Guru Nanak Institute of Management Studies. Also, he holds and Bachelor of Engineering degree in Electronics and Telecommunication from K.J. Somaiya College of Engineering and Information Technology.
Mr Irani is the Chief Investment Office – Debt at LIC Mutual Fund. He joined LIC in 2016 and has more than 21 years of debt markets experience. Before joining LIC, he was with DSP Investment Managers, TATA AMC, PNB MetLife India Insurance, and Mirae Asset Global Investments (India). Furthermore, Mr Irani holds a B.Com (H) degree from Mumbai University. He also holds a PGDBM from Chetna’s Institute of Management & Research, Mumbai.
Mr Pawar joined LIC in 2017. He is currently the Fund Manager – Fixed Income. He brings more than 13 years of rich experience across fixed income markets – investment, broking, analyst and fund management. Moreover, he is well versed with corporate bond & government securities, liquidity management & trading in the money market. Also, his expertise is in the valuations of corporate bonds, government securities, treasury bills and state development loans. Furthermore, he is proficient in managing overall scheme operations, including Cash Flow Management, Debt Investments, Trade Settlements, Redemptions, Investment Valuations.
Before joining LIC, he was with Taurus Mutual Funds, Edelweiss Securities, CRISIL Ltd., and ICAP. He holds an MBA degree in Finance and Financial Management Services from Bharati Vidyapeeth Institute of Management Studies and Research.
Mr Singh is the Fund Manager – Fixed Income at LIC AMC. He has more than 15 years of industry experience. Before joining LIC, he was with BOI AXA, ING Investment Management, Standard Chartered Bank and Ashika Capital. Furthermore, Mr Singh holds a PGDM from IIM Ahmedabad and also B.Sc Economics Honours degree.
LIC Mutual Fund was established in 1989 by LIC of India, India’s most trusted brand. The fund house is emerging as one of the most trusted fund managers due to its high standards of financial ethics and corporate governance. It strives to create value for its investors by adopting innovative strategies for investment as well as giving an excellent service experience.
Investors need to understand that one fund doesn’t suit all investors. LIC has over 15+ funds catering to multiple investor needs. Therefore, investors need to pick the right fund for investment rather than the best fund. The right fund can be picked by aligning investor goals with fund objectives.
One can invest in LIC Mutual Fund online directly through Scripbox. Alternatively, they can invest in LIC Mutual Fund through the fund houses’ website. Moreover, they can also invest in LIC Mutual Fund through any other online platform or mobile application.
One can stop their SIP in LIC Mutual Fund online by directly visiting the LIC Mutual Fund website, logging in with the folio number, and stopping the SIP. Alternatively, they can also log in to the platform where they started the LIC Mutual Fund investment and stop the SIP.
To withdraw money from LIC Mutual Fund, one can visit the nearest LIC Mutual Fund office and submit a form. Alternatively, they can visit the LIC Mutual Fund website and redeem the investment by logging in with the folio number. They can also withdraw their LIC Mutual Fund investments from any online portal where they first invested.
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