• Mutual Funds
  • LIC Mutual Fund
  • LIC MF Savings Fund (Growth)

Formerly LIC MF Savings Plus Gr

LIC Mutual Fund

LIC MF Savings Fund (Growth)

DebtLow Duration


NAV (Mar 31)

3 Year CAGR
Scripbox Opinion
Not Recommended
Click here for top ranked funds in low duration mutual funds.

Low duration funds provides relative safety of capital with growth at par with inflation and is suitable for investment objectives with duration of 1-5 years or longer.

Our analysis of this fundLearn how we rate funds ->

Fund Size


The performance of the fund on a Fund Size metric has been Neutral

Rolling Returns


The performance of the fund on a Rolling Returns metric has been Neutral

Scripbox Recommended Debt Funds
Want the Debt funds that are right for your short term investment needs?Learn more

Investment Calculator

Investment Duration5 years


Total Investment


Wealth Gained


Total Corpus Created (₹)

With CAGR of 11.25 % in 5 years

Historical NAV


NAV (Mar 31)

Fund Returns

Last 1Y


Last 3Y


Last 5Y


Last 10Y


Since Inception


6 Month CAGR


Scheme Information

Investment Objective

The investment objective of the Scheme is to generate income by investing in a portfolio of quality short term debt securities. There can be no assurance that the investment objective of the scheme will be realized.

Expense Ratio


Launched (20y ago)

May 29, 2003

AUM in Crores





No Lock-in


CRISIL Low Duration Fund TR INR

SIP Minimum


Lumpsum Min.


Standard Deviation (3yr)


Standard Deviation (5yr)


Beta (3yr)


Beta (5yr)


Sharpe Ratio (3yr)


Sharpe Ratio (5yr)




Fund Managers

Fund Manager

Returns Calculator Comparison



with step up of

AssetReturnsTotal CorpusGainsCAGR
LIC MF Savings Fund (Growth)70%8,25,950 93,3385%
EPF70% 9,00,761 1,68,1498.50%
Property70% 8,67,662 1,35,0507.00%
PPF70% 8,69,819 1,37,2077.10%
Bank FD70% 8,46,471 1,13,8596.00%
Gold70% 8,46,471 1,13,8596.00%
Savings Bank70% 8,25,950 93,3385.00%

Disclaimer: Products compared like fixed deposits may provide fixed guaranteed returns. Mutual Funds investments are subject to market risk, read all scheme related documents carefully before investing. Past performance is not an indicator of future returns.

Asset allocation and Holdings

Last updated on 2023-03-31

Top Debt Holdings

See all holdings

Compare LIC MF Savings Fund (Growth)

Fund NameFund SizeRolling Returns
ICICI Prudential Liquid Fund (G)
ICICI Prudential Liquid Fund (G)

₹ 49,144 cr

₹ 13,831 cr

₹ 18,485 cr

₹ 12,884 cr

₹ 49,144 cr

About the AMC

LIC Mutual Fund Asset Management Limited

LIC Mutual Fund Asset Management Limited manages assets worth 15,552 crores and was set up on 20 April 1994. It's current offering of mutual fund schemes includes 24 equity,44 debt and 31 hybrid funds.


  • 022-66016000
  • cs.co@licmf.com
  • Fund NameScripbox Opinion
    Till Date CAGR











    LIC MF Savings Fund (G) Review

    LIC MF Savings Fund (G) is a Low Duration Debt fund and has delivered an annualised return of 6.3% over a period of 19 years. The fund was previously known as LIC MF Savings Plus Gr. The fund is managed by LIC Mutual Fund Asset Management Limited. The fund manager’s name is null.

    Nav of LIC MF Savings Fund (G) as of 3/31/2023 is ₹33.93 with the total AUM as of 4/1/2023 is ₹672.334. With Scripbox you can compare and check the latest nav for all mutual funds in India. LIC MF Savings Fund (G) was launched on May 29, 2003. The category risk of the fund is Low to Moderate Risk.

    The minimum SIP amount for LIC MF Savings Fund (G) is ₹1000 and you can increase this in multiples of ₹100. In case you want to invest a lump sum, the minimum amount to be invested is ₹5000. Check your estimated returns on mutual funds by using sip calculator.

    LIC MF Savings Fund (G) is suited for investors looking to invest for 1-4 years. The asset class is less volatile than equity and the fund is likely to provide stable but slow growth. The fund is benchmarked to CRISIL Low Duration Fund TR INR.

    LIC MF Savings Fund (G) is rated as a 1 fund in Debt and delivered 4.6% returns in the last 1 year. Scripbox provides a compare mutual funds research tool to view a detailed comparison with LIC MF Savings Fund (G).

    Frequently Asked Questions

    What is LIC MF Savings Fund (G)?

    LIC MF Savings Fund (G) is a Low Duration Debt scheme predominantly investing across Debt instruments with an investment objective to generate wealth over the long term.

    How to invest in LIC MF Savings Fund (G)?

    You can invest in LIC MF Savings Fund (G) through AMC, intermediaries, brokers or platforms like Scripbox. To learn step by step process visit how to invest in mutual funds?

    What is the minimum sip amount of LIC MF Savings Fund (G)?

    The minimum sip amount for LIC MF Savings Fund (G) is ₹1000. You can invest in multiples of ₹5000.

    Is LIC MF Savings Fund (G) good to invest in?

    As per Scripbox experts, LIC MF Savings Fund (G) is a Not Recommended fund. You can investLIC MF Savings Fund (G) fund if its investment objective and risk-o-meter matches your investment goals and risk preferences.

    What is the expense ratio of the LIC MF Savings Fund (G)?

    The expense ratio of the LIC MF Savings Fund (G) is 0.83% for regular plan.