LIC MUTUAL FUND
Established in the year 1989, LIC mutual fund is an associate company of LIC of India. Over the years, the AMC has become one of the leading and major fund houses in India. An impressive combination of a high standard of financial ethics and systematic investment discipline has helped the fund house to generate a large base of investors.
They offer a broad range of products and mutual fund schemes across different categories like debt, equity, and hybrid along with exchange-traded and solution-oriented funds. It aims to adopt innovative and robust strategies for investments to deliver smart products to investors across the nation.
|Mutual Fund||LIC Mutual Fund|
|Setup Date||20th April 1994|
|Sponsor||LIC of India|
|Trustee||LIC Mutual Fund Trustee Private Limited|
|CEO/MD||Shri Raj Kumar|
|CIO||Mr. Saravana Kumar A|
|Compliance Officer||Mr. Mayank Arora|
|Investor Service Officer||Mrs. Sonali Pandit|
|Custodians||Standard Chartered Bank|
|Assets Managed||Rs. 16927 Crores (As of March 2021)|
|Registrar||Karvy Computershare Private Limited|
TOP 10 LIC INDIA MUTUAL FUNDS
|LIC Large and Mid Cap Fund||Equity||Very High|
|LIC MF Index Fund||Index (Equity)||High|
|LIC MF Liquid Fund||Debt||Low to Moderate|
|LIC MF Tax Plan||Equity||Very High|
|LIC MF Debt Hybrid Fund||Hybrid||Moderate|
|LIC MF Flexi Cap Fund||Equity||Very High|
|LIC MF Children’s Fund||Solution-Oriented||Very High|
|LIC MF Banking and PSU Debt Fund||Debt||Low to Moderate|
|LIC Equity Hybrid Fund||Hybrid||Very High|
|LIC MF Savings Fund||Debt||Low to Moderate|
1. Mr. Yogesh Patil:
Mr. Yogesh joined LIC mutual duns in the year 2018 as a fund manager and is currently the Equity Head. He has 15+ years of experience in the Equity Markets. Before LIC, he was working with Canara Robeco AMC and Sahara AMC. During his tenure at Canara, his fund was ranked No. 1 by CRISIL for 4 quarters. Further, he holds an MBA degree in Finance from Symbiosis.
2. Mr. Karan Doshi:
Mr. Karan joined LIC in 2019. He is the Equity Research Head and has more than 7+ years of industry experience. His expertise lies in the IT, Pharma, and Chemical sectors, Before LIC, he was associated with Subhkan Ventures. Further, Mr. Karan is an MBA finance graduate. He also holds BE degree in Telecommunications and Electronics.
3. Ms. Ritu Modi:
Ms. Ritu joined LIC in the year 2018 and she is the Fund Manager at LIC. She managed both passive and active mutual funds. Ms. Ritu has more than 10 years of experience in equity research. She has strong skills and is also focused on evaluating the evolution and competitive advantages of companies. She holds an MBA in Finance from MU and Bachelor’s degree in commerce from Mulund College.
4. Mr. Rahul Singh:
Mr. Rahul is the fund manager of fixed income funds at LIC. He has 15+ years of experience. Before LIC, he was associated with ING Investment Management, BOI AXA, Standard Chartered Bank, and Ashika Capital. Further, Mr. Rahul holds a PGDM from IIM A and also B.Sc Eco Hons degree.
HOW TO INVEST IN LIC MF VIA ZFUNDS?
There are very simple and convenient steps to start investing in LIC Mutual Funds which is one of the leading fund houses in the country. Follow the below-mentioned steps to start investing:
- Download the ZFunds app from the Playstore- Link here.
- Create your free account with us. If you already have an account with us, you can simply log in to it.
- To create an account, you will be required to upload your needful identification documents which can include an Aadhar card, Voter ID, pan card, driving license, passport, or any other authentic document which is issued by the state or central government.
- You will need to upload your address proof.
- After that, you just need to select the best fund which suits you as per your investment horizon and risk.
- And, then at last you just need to choose whether you want to do a lump sum investment or start a sip.
After the successful investment, the units will be allotted and investment will be reflected in 2-3 working days in your ZFunds account.
1. Identity Proof
- PAN Card
- Aadhar Card
- Driving License
2. Address Proof
- Aadhar Card
- Driving License
- Any Recent Utility Bill (Water, Gas, Electricity, etc.)
- Rental/Lease Agreement