Equity market has been volatile for past one month or so. Concerns about weak Q2 corporate earnings, FII outflows (more than Rs 90,000 crores net sales in October, source: NSE, as on 31st October 2024) and uncertainty about interest rate cuts have dampened market sentiments. The Nifty has fallen more than...Read More
Flexicap funds are diversified equity mutual fund schemes which can invest across market cap segments. There are no upper or lower limits with respect to allocations to any market cap segment viz. large cap, midcap and small cap. As per SEBI, large cap stocksare the top 100 stocks by market capitalization...Read More
LIC MF has launched a New Fund Offer (NFO), LIC MF Manufacturing Fund. The fund will invest in companies that are engaged in manufacturing and allied activities through top-down and bottom-up approach to stock-picking. Manufacturing is expected to play a major role in the “India Growth Story” and investment in the...Read More
The India Growth Story is intact and poised for the next phase of growth in the coming years. India is in a macro sweet spot with strong GDP growth outlook, narrowing fiscal deficit and stable currency. The stock market is trading at all time high. Global markets, especially the US market, have also supported the...Read More
India was the fastest growing G-20 economy in FY 2024. IMF has forecasted India’s FY 2025 GDP growth to 7%, which will again the highest growth rate among G-20 economies. The fiscal deficit has been narrowing – from 6.4% in FY 2023 to 5.6% in FY 2024. In 2024 Union Budget, the fiscal deficit target for FY 2025 is 4.9%...Read More
The market has recovered after the Lok Sabha election results and is now trading at record highs. The broader market has outperformed Nifty 50 on an YTD basis – Nifty 500 TRI has given 8.8% absolute returns on an YTD basis versus Nifty 50 TRI YTD return of 4.17% (as on 31st May 2024). Over the past 1 year, midcap...Read More
India is in a macro sweet spot. IMF is forecasting India’s GDP to grow by 6.8% in FY 2025, making it the fastest growing G-20 economy. India is expected to become the 3rd largest economy by 2027 (as per IMF’s forecasts). Our fiscal deficit in FY 2024 is estimated to be 5.8%, which will be pared down to 5.1% in FY 2025...Read More
After the spectacular rally in global equity markets over the last 1 year or so, the stock market is trading near record high levels. At market peaks, there are always concerns about valuations; high dividend yield stocks or dividend yield funds can provide stability to your investment portfolio. In this article...Read More
LIC MF launched their multicap fund in October 2022. The fund has 26.37% CAGR return since inception (as on 30th April 2024). Though one and half year track record is too short a performance period to do comprehensive review of an equity mutual fund scheme’s performance, the performance of LIC MF Multicap Fund in...Read More
LIC MF Large Cap Fund is one of the oldest mutual fund schemes with track record of nearly 30 years. It is also a proven wealth creator. If you started a monthly SIP of Rs 10,000 in the fund 20 years back, the market value of your investment would have grown to Rs 83.55 lakhs (as on 31st March 2024) with a cumulative...Read More
Industrial Assurance Building, 4th Floor,
Opp. Churchgate Station,
Mumbai - 400 020
Toll Free : 1800 258 5678
Telephone Number : 1800 258 5678
Email us at: service_licmf@kfintech.com
Location | No of Distributors |
---|---|
Mumbai | 1354 |
Kolkata | 847 |
Bangalore | 405 |
Delhi | 398 |
Chennai | 385 |
LIC Mutual Fund was established on 20th April 1989 by LIC of India. Being an associate company of India's premier and most trusted brand, LIC Mutual Fund is one of the well known players in the asset management sphere. With a systematic investment discipline coupled with a high standard of financial ethics and corporate governance, LIC Mutual Fund is emerging as a preferred Investment Manager amongst the investor fraternity.
Mutual Fund investments are subject to market risks, read all scheme related documents carefully.