As of April 2025, LIC Mutual Fund manages a total of 41 schemes, comprising 15 equity funds, 9 debt funds, 6 hybrid funds, 1 solution-oriented fund and 10 ETF, index and other funds. The fund house has a robust monthly SIP inflow. Overall, AUM has seen a notable rise from Rs 33,854 crore in March 2025 to Rs 37,554 crore in April 2025, registering a growth of 11%.
Also Read | Nippon India Small Cap Fund exits IndusInd Bank, Adani Wilmar, 3 other stocks in April
The funds that are being reintroduced are LIC MF Value Fund, LIC MF Small Cap Fund, LIC MF Multi-Asset Allocation Fund, LIC MF Dividend Yield Fund, and LIC MF Focused Fund.
“We are reintroducing these five flagship equity schemes, which have the potential to generate significant wealth for investors with diverse financial needs over the long term. We believe investment objectives of these funds will be aligned with aspirations of the young as well as new investors, catering to their diverse financial goals, and deliver better returns notwithstanding the challenging market conditions,” said Yogesh Patil, Chief Investment Officer – Equity, on the reintroduction of equity schemes.
About these 5- flagship funds:
(a) LICMF Value Fund
Targets fundamentally strong companies trading below intrinsic value due to temporary market dislocations. Best suited for long-term investors seeking undervalued opportunities with solid financials and sound business models.
Fund Managers: Nikhil Rungta and Mahesh Bendre
(b) LICMF Small Cap Fund
Invests in emerging, scalable businesses aligned with India’s long-term growth. Focuses on early-stage, under-researched companies with high potential. Suitable for high-risk investors with a 5+ year horizon.
Fund Managers: Nikhil Rungta and Mr. Mahesh Bendre
(c) LICMF Multi-Asset Allocation Fund
This fund aims to achieve a balance between risk and return by leveraging the diversification of different asset classes. It dynamically allocates across equity, debt and commodities (gold and silver) based on market conditions and economic outlook. This strategy is suited for long-term investors who are looking for superior risk-adjusted returns.
Fund Managers: Nikhil Rungta, Sumit Bhatnagar and Pratik Shroff
Also Read | BSE and One 97 among stocks that mutual funds bought and sold in April
(d) LICMF Dividend Yield Fund
Blends capital appreciation with dividend income by investing in companies with strong cash flows, consistent payouts and reinvestment-led growth. A fit for long-term investors seeking stable yet growing income.
Fund Managers: Mr. Dikshit Mittal and Mr. Karan Doshi
(e) LICMF Focused Fund
A concentrated portfolio of up to 30 high-conviction stocks, backed by deep research and meaningful allocations. Offers flexibility across sectors and market caps which is ideal for growth-oriented investors seeking an actively managed yet focused strategy.
Fund Managers: Jaiprakash Toshniwal and Sumit Bhatnagar
