If you want a safe investment, then LIC’s subsidiary LIC Mutual Fund is the best for you in the asset management sector. This company, an affiliate of LIC, is offering many types of schemes in the mutual fund market. It has both equity and debt fund schemes. Let us know about the different equity schemes of LIC Mutual Fund which have given high double digit returns in the last 5 years. In these, CAGR returns of 16.5 percent to 18.5 percent have been given in 5 years. Those doing SIP have also got tremendous returns here.
LIC MF Large Cap Fund is a super hit
LIC MF Large Cap Fund has given 16.3 percent CAGR return in 5 years. Here in 5 years the value of Rs 1 lakh became Rs 2.12 lakh. While the monthly investment of Rs 5000 became Rs 5.10 lakh. This investment can bring you good returns.
LIC MF Tax Plan is also no less
LIC MF Tax Plan has given 16.5 percent CAGR return in 5 years. Here in 5 years the value of Rs 1 lakh became Rs 2.14 lakh. While the monthly investment of Rs 5000 became Rs 5.08 lakh.
LIC MF ETF- Nifty 50 Outperformed
LIC MF ETF- Nifty 50 has given CAGR returns of 17.66 per cent in 5 years. Here in 5 years the value of Rs 1 lakh became Rs 2.26 lakh. While the monthly investment of Rs 5000 became Rs 5.13 lakh. This investment is also best for you.
Bumper Returns of LIC MF Large & Mid Cap Fund
LIC MF Large & Mid Cap5 Fund has given 18.41% CAGR return in 5 years. Here in 5 years the value of Rs 1 lakh became Rs 2.33 lakh. Whereas monthly investment of Rs.5000 became Rs.38 lakhs. That is, the money invested here will double your speed.
LIC MF ETF – Sensex
LIC MF ETF- Sensex has given 18.5 percent CAGR return to investors in 5 years. The value of 1 lakh went up to Rs 2.24 lakh during this period. Whereas monthly investment of Rs 5000 became 5.17 lakhs. This investment can prove to be better for you.
