Banking & Investments Simplified for NRIs

Trusted & certified platform to start your investments in India. Link your NRE/ NRO account to invest or open a new NRI Bank account with us.

Download SBNRI

AMC/ Fund Houses

LIC Mutual Fund for NRIs - Top Funds, AUM, Returns 2025

LIC Mutual Fund Asset Management Limited is a Arbitrage mutual fund scheme from LIC Mutual Fund Asset Management Limited. This fund has been in existence for 9 yrs 10 m, having been launched on 01/01/2013. LIC Mutual Fund Asset Management Limited has â‚ą9,008 Crores worth of assets under management (AUM) as on 30/09/2022 and is medium-sized fund of its category. The fund has an .

LIC Mutual Fund Asset Management Limited is a mutual fund scheme from LIC Mutual Fund Asset Management Limited. This fund has been in existence for 9 yrs 10 m, having been launched on 01/01/2013. LIC Mutual Fund Asset Management Limited has â‚ą9,008 Crores worth of assets under management (AUM) as on 30/09/2022 and is medium-sized fund of its category. The fund has an Avg 1 year Return of Kotak Mutual Fund is 15.34%

Best LIC Mutual Funds for NRIs

Fund NameCategoryRisk1Y ReturnFund Size
LIC MF Liquid Fund Weekly Reinvestment of Income Dis cum Cap WrdlMoney Marketlow to moderate Risk0.00%â‚ą10,694.27 Cr
LIC MF Liquid Fund Monthly Reinvestment of Income Dis cum Cap WrdlMoney Marketlow to moderate Risk0.00%â‚ą10,694.27 Cr
LIC MF Liquid Fund GrowthMoney Marketlow to moderate Risk7.35%â‚ą10,694.27 Cr
LIC MF Liquid Fund Payout of Income Distribution cum Cap WrdlMoney Marketlow to moderate Risk6.61%â‚ą10,694.27 Cr
LIC MF Liquid Fund Reinvestment of Income Distribution cum Cap WrdlMoney Marketlow to moderate Risk6.61%â‚ą10,694.27 Cr
LIC MF Liquid Fund Monthly Payout of Income Dis cum Cap WrdlMoney Marketlow to moderate Risk0.00%â‚ą10,694.27 Cr
LIC MF Liquid Fund Weekly Payout of Income Dis cum Cap WrdlMoney Marketlow to moderate Risk0.00%â‚ą10,694.27 Cr
LIC MF Large & Mid Cap Regular Reinvestment of Income Distribution cum Cap WrdlEquityvery high Risk29.03%â‚ą3,125.62 Cr
LIC MF Large & Mid Cap Regular Payout of Income Distribution cum Cap WrdlEquityvery high Risk29.03%â‚ą3,125.62 Cr
LIC MF Large & Mid Cap Regular GrowthEquityvery high Risk29.03%â‚ą3,125.62 Cr
LIC MF Low Duration Fund Weekly Payout of Income Dis cum Cap WrdlFixed Incomelow to moderate Risk7.08%â‚ą1,879.33 Cr
LIC MF Low Duration Fund Monthly Payout of Income Dis cum Cap WrdlFixed Incomelow to moderate Risk7.08%â‚ą1,879.33 Cr
LIC MF Low Duration Fund Daily Payout of Income Dis cum Cap WrdlFixed Incomelow to moderate Risk3.94%â‚ą1,879.33 Cr
LIC MF Low Duration Fund GrowthFixed Incomelow to moderate Risk7.08%â‚ą1,879.33 Cr
LIC MF Low Duration Fund Weekly Reinvestment of Income Dis cum Cap WrdlFixed Incomelow to moderate Risk7.08%â‚ą1,879.33 Cr
LIC MF Low Duration Fund Monthly Reinvestment of Income Dis cum Cap WrdlFixed Incomelow to moderate Risk7.08%â‚ą1,879.33 Cr
LIC MF Low Duration Fund Daily Reinvestment of Income Dis cum Cap WrdlFixed Incomelow to moderate Risk3.94%â‚ą1,879.33 Cr
LIC MF Banking & PSU Fund Daily Payout of Income Dis cum Cap WrdlFixed Incomemoderate Risk7.00%â‚ą1,851.9 Cr
LIC MF Banking & PSU Fund Monthly Payout of Income Dis cum Cap WrdlFixed Incomemoderate Risk7.74%â‚ą1,851.9 Cr
LIC MF Banking & PSU Fund Weekly Payout of Income Dis cum Cap WrdlFixed Incomemoderate Risk7.74%â‚ą1,851.9 Cr
LIC MF Banking & PSU Fund GrowthFixed Incomemoderate Risk7.74%â‚ą1,851.9 Cr
LIC MF Banking & PSU Fund Weekly Reinvestment of Income Dis cum Cap WrdlFixed Incomemoderate Risk7.74%â‚ą1,851.9 Cr
LIC MF Banking & PSU Fund Daily Reinvestment of Income Dis cum Cap WrdlFixed Incomemoderate Risk7.00%â‚ą1,851.9 Cr
LIC MF Banking & PSU Fund Monthly Reinvestment of Income Dis cum Cap WrdlFixed Incomemoderate Risk7.74%â‚ą1,851.9 Cr
LIC MF Large Cap Fund Payout of Income Distribution cum Cap WrdlEquityvery high Risk15.43%â‚ą1,474.19 Cr
LIC MF Large Cap Fund GrowthEquityvery high Risk15.43%â‚ą1,474.19 Cr
LIC MF Large Cap Fund Reinvestment of Income Distribution cum Cap WrdlEquityvery high Risk15.43%â‚ą1,474.19 Cr
LIC MF Multi Cap Fund Regular Payout Inc Dist cum Cap WdrlEquityvery high Risk33.77%â‚ą1,417.04 Cr
LIC MF Multi Cap Fund Regular GrowthEquityvery high Risk33.77%â‚ą1,417.04 Cr
LIC MF Multi Cap Fund Regular Reinvestment Inc Dist cum Cap WdrlEquityvery high Risk33.77%â‚ą1,417.04 Cr
LIC MF Flexi Cap Fund GrowthEquityvery high Risk20.54%â‚ą1,417.04 Cr
LIC MF Flexi Cap Fund Payout of Income Distribution cum Cap WrdlEquityvery high Risk20.54%â‚ą1,417.04 Cr
LIC MF Flexi Cap Fund Reinvestment of Income Distribution cum Cap WrdlEquityvery high Risk20.54%â‚ą1,417.04 Cr
LIC MF ELSS Tax Saver GrowthEquityvery high Risk23.60%â‚ą1,147.42 Cr
LIC MF ELSS Tax Saver Payout of Income Dis cum Cap WrdlEquityvery high Risk22.28%â‚ą1,147.42 Cr
LIC MF ELSS Tax Saver Reinvestment of Income Dis cum Cap WrdlEquityvery high Risk22.28%â‚ą1,147.42 Cr
LIC MF Manufacturing Fund Regular Reinvestment Inc Dist cum Cap WdrlEquityvery high Risk0.00%â‚ą928.43 Cr
LIC MF Manufacturing Fund Regular Payout Inc Dist cum Cap WdrlEquityvery high Risk0.00%â‚ą928.43 Cr
LIC MF Manufacturing Fund Regular GrowthEquityvery high Risk0.00%â‚ą928.43 Cr
LIC MF Infrastructure Fund GrowthEquityvery high Risk49.90%â‚ą852.07 Cr
LIC MF Infrastructure Fund Reinvestment of Income Dis cum Cap WrdlEquityvery high Risk49.89%â‚ą852.07 Cr
LIC MF Infrastructure Fund Payout of Income Dis cum Cap WrdlEquityvery high Risk49.89%â‚ą852.07 Cr
LIC MF Overnight Fund Regular GrowthMoney Marketlow to moderate Risk6.58%â‚ą821.4 Cr
LIC MF Overnight Fund Regular Periodic Payout of Income Dis cum Cap WrdlMoney Marketlow to moderate Risk6.58%â‚ą821.4 Cr
LIC MF Overnight Fund Regular Daily Reinvestment of Income Dis cum Cap WrdlMoney Marketlow to moderate Risk0.00%â‚ą821.4 Cr
LIC MF Overnight Fund Regular Weekly Reinvestment of Income Dis cum Cap WrdlMoney Marketlow to moderate Risk6.68%â‚ą821.4 Cr
LIC MF Overnight Fund Regular Periodic Reinvestment of Income Dis cum Cap WrdlMoney Marketlow to moderate Risk6.58%â‚ą821.4 Cr
LIC MF Balanced Advantage Fund Regular GrowthAllocationvery high Risk12.70%â‚ą797.15 Cr
LIC MF Balanced Advantage Fund RegularPayout of Income Distribution cum capital withdrawal optionAllocationvery high Risk12.70%â‚ą797.15 Cr
LIC MF Balanced Advantage Fund Regular Reinvestment of Income Distribution cum capital withdrawal opAllocationvery high Risk12.70%â‚ą797.15 Cr
LIC MF Aggressive Hybrid Fund Payout of Income Distribution cum Cap WrdlAllocationvery high Risk17.75%â‚ą535.89 Cr
LIC MF Aggressive Hybrid Fund GrowthAllocationvery high Risk17.75%â‚ą535.89 Cr
LIC MF Aggressive Hybrid Fund Reinvestment of Income Distribution cum Cap WrdlAllocationvery high Risk17.75%â‚ą535.89 Cr
LIC MF Dividend Yield Fund Regular GrowthEquityvery high Risk33.29%â‚ą463.64 Cr
LIC MF Dividend Yield Fund Regular Payout of Income Distribution cum Cap wdrlEquityvery high Risk33.29%â‚ą463.64 Cr
LIC MF Dividend Yield Fund Regular Reinvestment of Income Distribution cum Cap wdrlEquityvery high Risk33.29%â‚ą463.64 Cr
LIC MF Small Cap Fund Regular GrowthEquityvery high Risk40.94%â‚ą411.35 Cr
LIC MF Small Cap Fund Regular Payout of Income Distribution cum Cap WdrlEquityvery high Risk40.94%â‚ą411.35 Cr
LIC MF Small Cap Fund Regular Reinvestment of Income Distribution cum Cap WdrlEquityvery high Risk40.94%â‚ą411.35 Cr
LIC MF Ultra Short Duration Fund Regular GrowthFixed Incomemoderate Risk6.83%â‚ą345.69 Cr
LIC MF Ultra Short Duration Fund Regular Weekly Payout of Income Dis cum Cap WrdlFixed Incomemoderate Risk6.83%â‚ą345.69 Cr
LIC MF Ultra Short Duration Fund Regular Monthly Payout of Income Dis cum Cap WrdlFixed Incomemoderate Risk6.83%â‚ą345.69 Cr
LIC MF Ultra Short Duration Fund Regular Daily Reinvestment of Income Dis cum Cap WdrlFixed Incomemoderate Risk7.28%â‚ą345.69 Cr
LIC MF Ultra Short Duration Fund Regular Weekly Reinvestment of Income Dis cum Cap WdrlFixed Incomemoderate Risk6.83%â‚ą345.69 Cr
LIC MF Ultra Short Duration Fund Regular Monthly Reinvestment of Income Dis cum Cap WdrlFixed Incomemoderate Risk6.83%â‚ą345.69 Cr
LIC MF Midcap Fund Regular Reinvestment of Income Distribution cum Cap WdrlEquityvery high Risk30.05%â‚ą319.49 Cr
LIC MF Midcap Fund Regular GrowthEquityvery high Risk30.05%â‚ą319.49 Cr
LIC MF Midcap Fund Regular Payout of Income Distribution cum Cap WdrlEquityvery high Risk30.05%â‚ą319.49 Cr
LIC MF Nifty 50 Index Fund Payout of Income Distribution cum Cap WrdlEquityvery high Risk10.01%â‚ą319.29 Cr
LIC MF Nifty 50 Index Fund GrowthEquityvery high Risk10.01%â‚ą319.29 Cr
LIC MF Nifty 50 Index Fund Reinvestment of Income Distribution cum Cap WrdlEquityvery high Risk10.01%â‚ą319.29 Cr
LIC MF Banking & Financial Services Fund Regular Payout of Income Distribution cum Cap WdrlEquityvery high Risk1.97%â‚ą263.11 Cr
LIC MF Banking & Financial Services Fund Regular GrowthEquityvery high Risk1.96%â‚ą263.11 Cr
LIC MF Banking & Financial Services Fund Regular Reinvestment of Income Distribution cum Cap WdrlEquityvery high Risk1.97%â‚ą263.11 Cr
LIC MF Arbitrage Regular Plan GrowthAlternativelow Risk7.19%â‚ą237.58 Cr
LIC MF Arbitrage Regular Plan Monthly Payout of Income Dis cum Cap WrdlAlternativelow Risk7.19%â‚ą237.58 Cr
LIC MF Arbitrage Regular Plan Weekly Reinvestment of Income Dis cum Cap WrdlAlternativelow Risk7.19%â‚ą237.58 Cr
LIC MF Arbitrage Regular Plan Monthly Reinvestment of Income Dis cum Cap WrdlAlternativelow Risk7.19%â‚ą237.58 Cr
LIC MF Medium to Long Duration Fund Quarterly Reinvestment Inc Dist cum Cap WdrlFixed Incomemoderate Risk0.00%â‚ą181.33 Cr
LIC MF Medium to Long Duration Fund Annually (Annual) Reinvestment Inc Dist cum Cap WdrlFixed Incomemoderate Risk0.00%â‚ą181.33 Cr
LIC MF Medium to Long Duration Fund GrowthFixed Incomemoderate Risk9.04%â‚ą181.33 Cr
LIC MF Medium to Long Duration Fund Payout of Income Distribution cum Cap WrdlFixed Incomemoderate Risk9.04%â‚ą181.33 Cr
LIC MF Medium to Long Duration Fund Reinvestment of Income Distribution cum Cap WrdlFixed Incomemoderate Risk9.04%â‚ą181.33 Cr
LIC MF Medium to Long Duration Fund Quarterly Payout Inc Dist cum Cap WdrlFixed Incomemoderate Risk0.00%â‚ą181.33 Cr
LIC MF Medium to Long Duration Fund Annually (Annual) Payout Inc Dist cum Cap WdrlFixed Incomemoderate Risk0.00%â‚ą181.33 Cr
LIC MF Focused Fund Reinvestment of Income Distribution cum Cap WdrlEquityvery high Risk14.26%â‚ą143.09 Cr
LIC MF Focused Fund Payout of Income Distribution cum Cap WdrlEquityvery high Risk14.26%â‚ą143.09 Cr
LIC MF Focused Fund GrowthEquityvery high Risk14.26%â‚ą143.09 Cr
LIC MF Value Fund GrowthEquityvery high Risk30.42%â‚ą142.7 Cr
LIC MF Value Fund Payout of Income Distribution cum Cap WdrlEquityvery high Risk30.42%â‚ą142.7 Cr
LIC MF Value Fund Reinvestment of Income Distribution cum Cap WdrlEquityvery high Risk30.42%â‚ą142.7 Cr
LIC MF Short Duration Fund Regular Weekly Reinvestment of Income Dis cum Cap WrdlFixed Incomemoderate Risk0.00%â‚ą108.53 Cr
LIC MF Short Duration Fund Regular Monthly Reinvestment of Income Dis cum Cap WrdlFixed Incomemoderate Risk0.00%â‚ą108.53 Cr
LIC MF Short Duration Fund Regular Monthly Payout of Income Dis cum Cap WrdlFixed Incomemoderate Risk0.00%â‚ą108.53 Cr
LIC MF Short Duration Fund Regular GrowthFixed Incomemoderate Risk7.40%â‚ą108.53 Cr
LIC MF Short Duration Fund Regular Payout of Income Dis cum Cap WrdlFixed Incomemoderate Risk7.40%â‚ą108.53 Cr
LIC MF Short Duration Fund Regular Reinvestment of Income Dis cum Cap WrdlFixed Incomemoderate Risk7.40%â‚ą108.53 Cr
LIC MF Short Duration Fund Regular Weekly Payout of Income Dis cum Cap WrdlFixed Incomemoderate Risk0.00%â‚ą108.53 Cr
LIC MF Gilt Fund Payout of Income Distribution cum Cap WrdlFixed Incomemoderate Risk8.31%â‚ą100.28 Cr
LIC MF Gilt Fund PF Plan Payout of Income Distribution cum Cap WrdlFixed Incomemoderate Risk8.31%â‚ą100.28 Cr
LIC MF Gilt Fund PF Plan GrowthFixed Incomemoderate Risk8.31%â‚ą100.28 Cr
LIC MF Gilt Fund GrowthFixed Incomemoderate Risk8.31%â‚ą100.28 Cr
LIC MF Gilt Fund PF Plan Reinvestment of Income Distribution cum Cap WdrlFixed Incomemoderate Risk8.31%â‚ą100.28 Cr
LIC MF Gilt Fund Reinvestment of Income Distribution cum Cap WrdlFixed Incomemoderate Risk8.31%â‚ą100.28 Cr
LIC MF Nifty Next 50 Index Reinvestment of Income Distribution cum Cap WdrlEquityvery high Risk29.59%â‚ą96.87 Cr
LIC MF Nifty Next 50 Index GrowthEquityvery high Risk29.59%â‚ą96.87 Cr
LIC MF Nifty Next 50 Index Payout of Income Distribution cum Cap WdrlEquityvery high Risk29.59%â‚ą96.87 Cr
LIC MF Healthcare Fund Regular GrowthEquityvery high Risk41.84%â‚ą84.15 Cr
LIC MF Healthcare Fund Regular Payout of Income Distribution cum Cap WdrlEquityvery high Risk41.84%â‚ą84.15 Cr
LIC MF Healthcare Fund Regular Reinvestment of Income Distribution cum Cap WdrlEquityvery high Risk41.84%â‚ą84.15 Cr
LIC MF BSE Sensex Index GrowthEquityvery high Risk9.32%â‚ą83.87 Cr
LIC MF BSE Sensex Index Payout of Income Dis cum Cap WrdlEquityvery high Risk9.32%â‚ą83.87 Cr
LIC MF BSE Sensex Index Reinvestment of Income Dis cum Cap WrdlEquityvery high Risk9.32%â‚ą83.87 Cr
LIC MF Gold ETF FOF GrowthCommoditieshigh Risk19.80%â‚ą69.99 Cr
LIC MF Conservative Hybrid Fund Yearly Payout of Income Distribution cum Cap WrdlAllocationmoderately high Risk8.51%â‚ą50.24 Cr
LIC MF Conservative Hybrid Fund Quarterly Payout of Income Distribution cum Cap WrdlAllocationmoderately high Risk8.51%â‚ą50.24 Cr
LIC MF Conservative Hybrid Fund Monthly Payout of Income Distribution cum Cap WrdlAllocationmoderately high Risk6.56%â‚ą50.24 Cr
LIC MF Conservative Hybrid Fund GrowthAllocationmoderately high Risk8.51%â‚ą50.24 Cr
LIC MF Conservative Hybrid Fund Monthly Reinvestment of Income Distribution cum Cap WrdlAllocationmoderately high Risk6.56%â‚ą50.24 Cr
LIC MF Conservative Hybrid Fund Quarterly Reinvestment of Income Distribution cum Cap WrdlAllocationmoderately high Risk8.51%â‚ą50.24 Cr
LIC MF Conservative Hybrid Fund Yearly Reinvestment of Income Distribution cum Cap WrdlAllocationmoderately high Risk8.51%â‚ą50.24 Cr
LIC MF Money Market Fund Regular Reinvestment Inc Dist cum Cap WdrlFixed Incomelow Risk6.04%â‚ą24.38 Cr
LIC MF Money Market Fund Regular GrowthFixed Incomelow Risk6.04%â‚ą24.38 Cr
LIC MF Money Market Fund Regular Payout Inc Dist cum Cap WdrlFixed Incomelow Risk6.04%â‚ą24.38 Cr
LIC MF Equity Savings Monthly Reinvestment of Income Distribution cum Cap wdrlAllocationmoderately high Risk9.66%â‚ą20.18 Cr
LIC MF Equity Savings Quarterly Reinvestment of Income Distribution cum Cap wdrlAllocationmoderately high Risk9.66%â‚ą20.18 Cr
LIC MF Equity Savings GrowthAllocationmoderately high Risk9.66%â‚ą20.18 Cr
LIC MF Equity Savings Quarterly Payout of Income Distribution cum Cap wdrlAllocationmoderately high Risk9.66%â‚ą20.18 Cr
LIC MF Equity Savings Monthly Payout of Income Distribution cum Cap wdrlAllocationmoderately high Risk9.66%â‚ą20.18 Cr
LIC MF Childrens FundAllocationvery high Risk19.76%â‚ą16.61 Cr

How can NRIs invest in LIC Mutual Fund Asset Management Limited?

NRIs and OCIs can download the SBNRI app to invest in mutual funds from the country of their residence. Here are a few simple steps you need to take:

  • Complete your NRI KYC: Type in your personal details and attach supporting documents, like:
  • PAN Number
  • Overseas address proof: Any of – Water/electricity bill, postpaid mobile/internet bill, rent agreement, driving license, etc.
  • Passport – front and back
  • Passport size photograph
  • signature

If all details are correct, your KYC will be approved within 7 to 8 business days.

  • Onboarding: After KYC, you need to share the following details to complete onboarding process and start investing in LIC Mutual Fund Asset Management Limited
  • Onboarding: After KYC, you need to share the following details to complete onboarding process and start investing:
  • City and country of birth
  • NRE/NRO bank account statement/ canceled cheque for the latest 3 months
  • Nominee details

Frequently Asked Questions

More Fund Houses

Motilal Oswal Asset Management Company Limited - Portfolio Managers

HDFC Asset Management Co Ltd

360 ONE Asset Management Limited

Old Bridge Asset Management Private Limited

JM Financial Asset Management Limited

Groww Asset Management Ltd.

Bajaj Finserv Asset Management Limited

Helios Capital Asset Management (India) Private Limited

DSP Asset Managers Private Limited

Bandhan Asset Management Company Limited

Navi AMC Limited

ITI Asset Management Limited

Sundaram Asset Management Company Ltd

ICICI Prudential Asset Management Company Limited

Kotak Mahindra Asset Management Co Ltd

Edelweiss Asset Management Limited

Bank of India Investment Managers Private Limited

Quant Money Managers Limited

Canara Robeco Asset Management Co. Ltd.

Mirae Asset Investment Managers (India) Private Limited

Baroda BNP Paribas Asset Management India Pvt. Ltd.

Axis Asset Management Company Limited

UTI Asset Management Co Ltd

Quantum Asset Management Co Pvt. Ltd.

Samco Asset Management Pvt Ltd

Invesco Asset Management (India) Private Ltd

PGIM India Asset Management Private Limited

Nippon Life India Asset Management Ltd

Mahindra Manulife Investment Management Pvt. Ltd.

Tata Asset Management Limited

SBI Funds Management Ltd

WhiteOak Capital Asset Management Limited

Trust Asset Management Private Limited

Franklin Templeton Asst Mgmt(IND)Pvt Ltd

PPFAS Asset Management Pvt. Ltd

Aditya Birla Sun Life AMC Ltd

LIC Mutual Fund Asset Management Limited

Taurus Asset Management Company Limited

Shriram Asset Management Co Ltd

Motilal Oswal Asset Management Co. Ltd

HSBC Asset Management(India)Private Ltd

HDFC Asset Management Company Limited

IIFL Asset Management Limited

Bank of India Investment Managers Private Limited

L&T Investment Management Ltd

Union Asset Management Co. Pvt. Ltd.

DSP Investment Managers Private Limited

IDBI Asset Management Limited

IDFC Asset Management Company Limited

Indiabulls Asset Management Company Ltd.

One-stop Platform for NRIs