IGI Logo

LIC Mutual Fund (LIC MF), one of the most trusted fund houses in India, announced the re-introduction of its five flagship equity schemes, which is aimed at enhancing product offerings, attracting new investors, and aligning the funds with changing market dynamics. Reintroducing of‘Funds in Focus Q1FY25’, also strengthens the funds’ appeal by integrating new technologies and rolling out strategies that embolden their growth potential.
As of April 2025, LICMF manages a total of 41 schemes, comprising 15 equity funds, 9 debt funds, 6 hybrid funds, 1 solution-oriented fund and 10 ETF, index and other funds. The fund house has a robust monthly SIP inflow. Overall, AUM has seen a notable rise from Rs.33,854 crore in March 2025 to Rs.37,554 crore in April 2025,registering a growth of 11% and reflecting strong investor interest and portfolio growth.
The following are the funds that are being re-introduced: 

1) LIC MF Value Fund
2) LIC MF Small Cap Fund
3) LIC MF Multi-Asset Allocation Fund
4) LIC MF Dividend Yield Fund
5) LIC MF Focused Fund

Commentingon re-introduction, Mr. YogeshPatil, Chief Investment Officer - Equity said,“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.We believe investment objectives of  these funds will be aligned with aspiration of the young as well as new investors catering to their diverse financial goals and deliver better returns notwithstanding the challenging market conditions.”
About these 5- Flagship Funds:

(a) LICMF Value Fund
Targets fundamentally strong companies trading below intrinsic value due to temporary market dislocations. Best suited for long-term investors seeking undervalued opportunities with solid financials and sound business models.
Fund Managers:Mr. Nikhil Rungta and Mr. Mahesh Bendre

(b) LICMF Small Cap Fund
Invests in emerging, scalable businesses aligned with India’s long-term growth. Focuses on early-stage, under-researched companies with high potential. Suitable for high-risk investors with a 5+ year horizon.
Fund Managers:  Mr. Nikhil Rungta and Mr. Mahesh Bendre
 

(c) LICMF Multi-Asset Allocation Fund
This fund aims to achieve balance between risk and return by leveraging the diversification of different asset classes. It dynamically allocates across equity, debt and commodities (gold and silver) based on market conditions and economic outlook. This strategy is suited for long term investors who are looking for superior risk adjusted returns.
Fund Managers:Mr. Nikhil Rungta, Mr. SumitBhatnagar andMr. Pratik Shroff 

(d) LICMF Small Cap Fund
Invests in emerging, scalable businesses aligned with India’s long-term growth. Focuses on early-stage, under-researched companies with high potential. Suitable for high-risk investors with a 5+ year horizon.
Fund Managers: Mr. Nikhil Rungta and Mr. Mahesh Bendre

(e) LICMF Dividend Yield Fund
Blends capital appreciation with dividend income by investing in companies with strong cash flows, consistent payoutsand reinvestment-led growth. A fit for long-term investors seeking stable yet growing income.
Fund Managers: Mr. Dikshit Mittal and Mr. Karan Doshi

(f) LICMF Focused Fund
A concentrated portfolio of up to 30 high-conviction stocks, backed by deep research and meaningful allocations. Offers flexibility across sectors and market caps which is ideal for growth-oriented investors seeking an actively managed yet focused strategy.
Fund Managers: Mr. JaiprakashToshniwal and Mr. SumitBhatnagar
 

Above views are of the author and not of the website kindly read disclaimer