LIC Mutual Fund reintroduces five flagship equity schemes

LIC Mutual Fund has reintroduced five of its equity schemes. The fund house said this step aims to expand its product offerings and align the schemes with current market conditions.

The initiative, part of ‘Funds in Focus Q1FY25,’ includes updates to strategies and the use of new technologies. LIC MF stated that the reintroduction seeks to attract a wider set of investors.

The five schemes are:

LIC MF Value Fund – Invests in companies trading below intrinsic value.

LIC MF Small Cap Fund

– Targets early-stage businesses with growth potential.

LIC MF Multi-Asset Allocation Fund – Allocates across equity, debt, and commodities.

LIC MF Dividend Yield Fund – Focuses on companies offering dividend income and growth.

LIC MF Focused Fund – Holds a concentrated portfolio of up to 30 stocks.

As of April 2025, LIC Mutual Fund manages 41 schemes. These include 15 equity funds, 9 debt funds, 6 hybrid funds, 1 solution-oriented fund, and 10 passive and other funds. Assets under management rose 11% from ₹33,854 crore in March to ₹37,554 crore in April 2025.LIC Mutual Fund was established in April 1989. It is sponsored by LIC of India.

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