LIC (Life Insurance Corporation of India) Mutual Fund started its journey from the year 1989. LIC is a well-known name in Indian Industries. It is considered one of the most trusted brands with a high standard of financial ethics and corporate governance. LIC mutual fund is emerging a well-established fund management house in India.
The Fund House is famous for its power to adopting innovative and robust investment strategies. Its philosophy and values depend on providing delight to its customers and partners. The group has earned its name overall the years by providing various services to its customers.
For the past 59 years, the asset management company has established its brand image. Today it is one of the largest fund house with more than 250 million investing accounts. It’s endeavor to reach a high point is almost fulfilled. It has three pillars or joint venture partners, they are as follows:
- LIC Housing Finance: With over 15.56 lakh prudent house owner, LIC becomes one of the largest housing finance companies in India.
- GIC Housing Finance: It provides finance to individual borrowers with a presence of 59 branches across the country.
- Corporation Bank: It has spread its network of 2364 fully automated CBS branches. Besides this, it consists of 4685 branchless banking and 2998 ATMs.
In the product segment, there are various options like Equity Fund, Debt Fund, Hybrid Fund, Solution Oriented Fund, ETF and Index Fund. The company profile has a section, called NAV and DIVIDEND. There you can access current NAV, historical NAV, creation unit, and INAV, latest dividend, historical dividend. Besides this, there are statutory discloser, total expense ratio, knowledge center, distributor section. In service provider section, you can find fund accountant, register, and transfer agent, Statutory Auditors for LIC Mutual Fund (Schemes), Internal Auditors for LIC Mutual Fund (Schemes).
If you want to know more details about the company, you can go through the company profile.