Check out The Best 5 LIC Mutual Funds That Will Give You Higher Returns

Check out The Best 5 LIC Mutual Funds That Will Give You Higher Returns
Tags: Investment LIC

Wanting to put resources into a protected venture that gives you the high returns that too with the safety of not losing the money? In the event that indeed, the Life Insurance Corporation (LIC) of India's auxiliary LIC Mutual Fund could be one of the most appropriate choices for you. Under this, you can save as per your prerequisite that too without the fear of loss.

The LIC member offers different common asset conspires that put resources into both value and obligation store plans. A portion of the LIC Mutual Fund plans has given twofold digit returns over the most recent 5 years, offering 16.5 percent to 18.5 percent yearly returns. 

LIC MF Large and Mid-Cap Fund 

LIC MF Large and Mid-Cap Fund have effectively perhaps the best return in contrast with other shared asset items. For example, financial backers have gotten an 18.41% CAGR return over the most recent five years in this plan. 

LIC MF Large Cap Fund 

Over the most recent five years, LIC MF Large Cap Fund has given returns at 16.3 percent CAGR. In the event that you have put Rs 1 lakh in the plan five years prior then your cash would have expanded to Rs 2.12 in the plan. 

LIC MF ETF-Sensex 

LIC MF ETF-Sensex has given an 18.5 percent CAGR return to financial backers in 5 years. Assuming you had put Rs 1 lakh in the plan, your put-away cash would have expanded to Rs 2.24 lakh in five years in the plan.

LIC MF Tax Plan 

LIC MF Tax Plan has given 16.5 percent CAGR return in 5 years. In 5 years, Rs 1 lakh put resources into the plan would have become Rs 2.14 lakh. Besides, month-to-month speculation of Rs 5000 would have become Rs 5.08 lakh. 

LIC MF ETF-Nifty 50 

LIC MF ETF Nifty 50 has given 17.66 percent returns on an annualized premise over the most recent 5 years. On the off chance that you had put Rs 1 lakh in the plan, your asset would have expanded to Rs 2.26 lakh. 

Image Credit: Moneycontrol

 

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