LIC Mutual Fund: These 5 investment schemes will double the money in just 5 years; know full details here

If you are looking for a good scheme to invest some money then take a look at LIC Mutual Fund schemes. LIC Mutual Fund, a subsidiary of LIC, offers many types of investment schemes in the mutual fund market.

You can get both the equity and debt fund schemes in LIC Mutual Fund schemes. Check out these 5 equity schemes of LIC Mutual Fund which have given high double digit returns in the last 5 years. These equity schemes have been given Compound Annual Growth Rate (CAGR) returns of 16.5 percent to 18.5 percent in 5 years. Those doing Systematic Investment Plan (SIP) have also got tremendous returns here.

1. LIC MF Large Cap Fund 

LIC MF Large Cap Fund has given 16.3 percent CAGR return in 5 years. That means the value of Rs 1 lakh became Rs 2.12 lakh in 5 years. While the monthly investment of Rs 5,000 returns Rs 5.10 lakh in 5 years.  You will get good returns in this investment plan.

2. LIC MF Tax Plan 

If you invest in the LIC MF Tax Plan, then you can get 16.5 percent CAGR return in 5 years. The plan increases the value of Rs 1 lakh to Rs 2.14 lakh and the monthly investment of Rs 5000 to Rs 5.08 lakh in 5 years.

3. LIC MF ETF- Nifty 50 

Investors have got a CAGR returns of 17.66 per cent in 5 years by investing in LIC MF ETF- Nifty 50. In 5 years, the value of Rs 1 lakh became Rs 2.26 lakh. While the monthly investment of Rs 5,000 became Rs 5.13 lakh. This investment is also a good option for you.

4. LIC MF Large & Mid Cap Fund

LIC MF Large & Mid Cap5 Fund has given investors a bumper CAGR return of 18.41 per cent in 5 years. The value of Rs 1 lakh became Rs 2.33 lakh in 5 years with this Scheme. Whereas monthly investment of Rs 5,000 turned to Rs 38 lakhs in 5 years.

5. LIC MF ETF – Sensex

Investors have got a CAGR return of 18.5 percent in 5 years with LIC MF ETF- Sensex. The value of 1 lakh went up to Rs 2.24 lakh during 5 years. Whereas monthly investment of Rs 5000 became 5.17 lakhs in 5 years. This investment can make some good profit for you.

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1 Comment
  1. Deepak says

    Don’t misguide. Mutual funds are market liked. All these schemes can double the money in 5 years, also they can halve the money, no one knows.

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