Many schemes of LIC Mutual Fund have given excellent returns in the long term. Rating agency CRISIL has also given it a better than average rating. There are 5 such schemes of LIC Mutual Fund, which have given annual returns of 12-16%.
LIC FM Infrastructure Fund
According to Value Research, LIC FM Infrastructure Fund has given a return of 16.33% on lumpsum investment in the last 10 years. The investors who had invested Rs 1 lakh lump sum in it 10 years ago, now their value has become Rs 4,54,794. The SIP return of this fund has been 15.57 percent. If you want to invest money in this fund, you can invest Rs 5,000 lump sum and SIP Rs 1,000.
LIC MF ELSS
Investing in LIC MF ELSS not only gives good returns but also helps in saving tax. 10 years ago, lump sum investors got a tremendous return of 16 per cent. Those who invest money through SIP have got the benefit of 13.81 per cent. One can invest in this scheme also with a lump sum of Rs 5,000 and SIP from Rs 1,000.
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LIC Mutual Fund Large Cap
LIC Mutual Fund Largecap has given lumpsum investors a return of 14.38% in the last 10 years. SIP investors have earned an average profit of 12.33 per cent. From Rs 5,000 lump sum and from Rs 1,000 you can do SIP in this fund.
LIC MF Flexi Cap Fund
Lump sum investors in LIC MF Flexi Cap Fund have made money at 12.62 per cent, while SIP investors have made 11.10 per cent. If you also want to invest money in this fund, then you can start investing Rs 5,000 lump sum and SIP Rs 1,000.
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