Welcome to LIC Mutual Fund where a legacy of trust intersects with a commitment to fostering financial growth. Explore multiple funds at LIC Mutual Fund. As your reliable partner, LIC Mutual Fund has been instrumental in providing innovative investment solutions. Founded with the vision of extending the benefits of investment to every household, LIC Mutual fund was started in the year 1989 by LIC of India. LIC holds 45% share in the fund house, 39.3% share is held by its subsidiary LIC Housing Finance Limited, 11.7% is held by GIC Housing Finance Limited and the rest 4% is held by UBI. With the rich legacy of LIC behind their backs, LIC Mutual Fund quickly emerged as a strong player in the asset management ecosystem of India. With a strong focus on manifold returns and a disciplined approach to investments, LIC Mutual Fund emerged as the most preferred investment fund house for investors in India. They currently have a AMC of Rs. 16K crores. The vision of the fund house is to be a trusted partner for its investors in their wealth creation and a mutual fund of choice. LIC MGF endeavours to create value for its investors by adopting innovative and robust investment strategies.