15-05-2025
LIC Mutual Fund Re-Introduces 5 Key Equity Schemes: All You Need To Know
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The reintroduction is part of LIC's 'Funds in Focus Q1 FY25' initiative and the schemes are Value Fund, Small Cap Fund, Multi-Asset Fund, Dividend Yield Fund and Focused Fund.
LIC Mutual Fund has reintroduced five of its flagship equity schemes as part of its strategic initiative, 'Funds in Focus Q1 FY25', aimed at aligning investment options with evolving market dynamics and investor preferences.
'We are re-introducing these five flagship equity schemes, which have the potential to generate significant wealth for investors with diverse financial needs over the long term," Yogesh Patil, chief investment officer (equity) at LIC Mutual Fund, said.
Which Schemes Are Back?
The five re-launched schemes are:
LIC MF Value Fund
LIC MF Small Cap Fund
LIC MF Multi-Asset Allocation Fund
LIC MF Dividend Yield Fund
LIC MF Focused Fund
These schemes span various investment themes and risk profiles, catering to long-term wealth creation goals for investors with different financial needs.
Assets Under Management On the Rise
LIC Mutual Fund's assets under management (AUM) saw a healthy uptick, rising 11% to Rs 37,554 crore in April 2024, up from Rs 33,854 crore in March. The growth reflects increased investor confidence and strategic fund positioning in line with market opportunities.
What It Means for Investors
For both new and existing investors, the reintroduction of these funds offers renewed opportunities to diversify portfolios and benefit from LIC MF's long-term equity strategies. With markets constantly evolving, such timely product realignment is expected to help meet changing investment goals more effectively.
First Published:
May 15, 2025, 11:02 IST
