LIC Mutual Fund Asset Management Limited was founded in 1989, and this is a really important experience. It emerged as a joint venture of the Life Insurance Corporation of India. The CRISIL grade is very high over the years of operation.
LIC Mutual Fund Asset Management Limited: A giant in investment
The company offers you 22 different programs with many benefits, including tax benefits. Their experience has made them experts in risk management. Investment companies gain experience and develop with the problems they encounter. LIC Mutual Fund is one of these companies.
We would like to summarize the success of the company in one fund. For example, LIC Mf Banking & PSU Debt Fund is rated with 5 stars and has a 9.1% return. The risk is average. Although it is not invested with a very high risk, the return is quite good. Normally, funds earn more as the risk rises. But this fund eliminates this need.
In line with this information, it would be reasonable to trust this fund and the company. The important thing is whether there is a suitable fund for you after this stage. However, with 22 programs, the company is ahead of this, in our opinion.
LIC Mutual Fund Asset Management Limited
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Pros
- Daily SIP option
- LIC MF Unit Linked Fuse Program
- Additional insurance coverage
Cons
- No money card
- No mobile apps
