Inflows into LIC MF schemes through distributors have grown from 48 per cent in 2023 to 70 per cent, largely due to better performance of most schemes.
The fund house facilitates a minimum daily and weekly SIP of ₹100 and ₹150, while monthly SIP can start from ₹200. The minimum quarterly investment is set at ₹1,000.
Ravi Kumar Jha, Managing Director and CEO, LIC Mutual Fund said that the response to Pocket SIP has been tremendous as people are eager to participate in India’s growth story and growing financial literacy.
The cost of processing Pocket SIP was on the higher side, but LIC MF is willing to bear the additional cost for the sake of reaching out to the common man on the streets, he said.
The fund house’s assets under management have grown steadily from ₹16,500 crore to ₹51,000 crore over the past three years. Its equity of ₹19,000 crore and debt AUM is around ₹30,000 crore.
The fund house has initiated Aadhaar-based eNach registration to facilitate registration of investors without a debit card.
Inflows into LIC MF schemes through distributors have grown from 48 per cent in 2023 to 70 per cent, largely due to better performance of most schemes.
“We are also working with insurance agents of LIC to take care of MF distribution in smaller towns. Though some of them are finding it difficult to clear the exams, we are holding their hands and providing special assistance to them,” he said.
Published on February 20, 2026
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