Scheme

LIC MF Unit Linked Insurance Scheme

Holds 38 companies worth ₹324 Cr in Sept 2026.

Fund house
LICThe fund house that runs this scheme.
AUM
₹424 CrLIC MF Unit Linked Insurance Scheme's AUM at the end of 30 Sept 2026, as AMFI reports it. Down 4.8% on Aug 2026, ₹446 Cr.
Largest holding
Divi s Laboratories LimitedDivi s Laboratories Limited is 4.0% of this scheme's NAV.
Fund manager
Pratik Harish ShroffRuns it since 26 Sept 2023, as the fund house dates it. With Siddharth Panjwani (fund manager).

Overview^{(11 Aug 2026)}

Fund managers2

Pratik Harish ShroffFund manager, debt · Sept 2023
Siddharth PanjwaniFund manager, equity · Jul 2026

Dikshit MittalSept 2021 – Jul 2026
Mahesh BendreApr 2026 – Jul 2026
Karan DoshiJul 2024 – Apr 2026

Key facts

Benchmark: Crisil Hybrid 35 + 65 - Aggressive Index
Risk: Very High
Expense: Regular 2.39% · Direct 1.32%
Exit load: Nil
Started: 19 Jun 1989
Minimum: The Scheme has stopped taking new subscriptions (Lumpsum or SIP) from prospective investors. Furthermore, no additional purchase from the existing investors is accepted hereon, with effect from July 01, 2022, till further notice.

Source.Its Scheme Summary Document as of 11 Aug 2026 at AMFI.

What changed^{(11 changes)}

Jul 2026

3 changes

Siddharth Panjwani joined
5 Julas fund manager (equity)
Dikshit Mittal left
5 Julran it as fund manager (equity) from Sept 2021
Mahesh Bendre left
5 Julran it as fund manager (equity) from Apr 2026

Apr 2026

3 changes

Mahesh Bendre joined
12 Apras fund manager (equity)
Karan Doshi left
12 Aprran it as fund manager (equity) from Jul 2024
Expense ratio
7 AprRegular 2.38% → 2.39%Direct 1.4% → 1.32%

Jan 2026

1 change

Expense ratio
29 JanDirect 1.39% → 1.4%

Source.Its filings at NSE, since Aug 2024.

Fund managers over time^{(Sept 2021 – now)}

MainCoSlice20222023202420252026

Fig. 1.Who ran it when: each manager from the date the fund house gives, or the first document listing them where it gives none, to when they left. A slice is part of it: overseas, gold and silver, or arbitrage.

Costs^{(Aug 2024 – Aug 2026)}

Every change to the expense ratio, newest first.
6 changes	Regular	Direct	Δ pt
7 Apr 2026	2.39%	1.32%	0.08
29 Jan 2026	2.38%	1.40%	0.01
22 Jul 2025	2.38%	1.39%	0.11
7 Jan 2025	2.37%	1.28%	0.16
21 Oct 2024	2.39%	1.44%	0.03
14 Aug 2024	2.39%	1.47%	–

Direct plan, 7 Apr 2026

1.32%

Regular plan 2.39% · Exit load nil

Fig. 1.Total expense ratio a year, each plan's, as its Scheme Summary Documents state it, filing by filing at NSE. A change holds until the next.

Objective and risk^{(11 Aug 2026)}

Objective

An open ended scheme which seeks to generate long term capital appreciation and offer Tax benefits u/s 80C of the Income Tax Act as well as additional benefit of a life cover. There is no assurance that the investment objective of the Scheme will be achieved.

Risk, type and benchmark

Riskometer: Very High
At launch: Very High
Type: An open-ended Insurance Linked Tax Saving Scheme.
Benchmark: Crisil Hybrid 35 + 65 - Aggressive Index

Asset allocation it may hold% of NAV

Equity and equity related instruments
Allowed65–80%Holds76.3%
Debt / Money mkt
Allowed20–35%Holds23.7%

Holds in Sept 2026.76.3% equity · 23.7% debt and cash

How to invest^{(11 Aug 2026)}

Buying

To start: The Scheme has stopped taking new subscriptions (Lumpsum or SIP) from prospective investors. Furthermore, no additional purchase from the existing investors is accepted hereon, with effect from July 01, 2022, till further notice.
Systematic: SIP Details - Monthly, Quraterly | SWP Details - NA | STP Details - NA
Dates: SIP Details - Every month 15th | SWP Details - NA | STP : NA
Minimum: SIP Details - 1000, 3000 | SWP Details - NA | STP Details - NA, then sIP Details - 1 | SWP Details - NA | STP Details - NA
Instalments: SIP Details - Based on Plan | SWP Details - NA | STP : NA
Most: SIP Details - No Limit | SWP Details - NA | STP Details - NA

Selling and switching

Scheme details^{(11 Aug 2026)}

What it is

Category: LIC MF Unit Linked Insurance Scheme is yet to be categorised in terms of SEBI circular Categorization and Rationalization of Mutual Fund Schemes
Started: 19 Jun 1989
Plans: 5 Yrs. Single Premium-Regular Plan-IDCW Reinvestment|5 Yrs. Single Premium-Direct Plan-IDCW Reinvestment|10 Yrs. Single Premium -Regular Plan-IDCW Reinvestment|10 Yrs. Regular Premium Reducing Cover Monthly -Regular Plan-IDCW Reinvestment|10 Yrs. Regular Premium Uniform Cover Monthly -Regular Plan-IDCW Reinvestment|10 Yrs. Regular Premium Reducing Cover Yearly -Regular Plan-IDCW Reinvestment|10 Yrs. Regular Premium Reducing Cover Half-Yearly -Regular Plan-IDCW Reinvestment|10 Yrs. Regular Premium Uniform Cover Half-Yearly -Regular Plan-IDCW Reinvestment|10 Yrs. Regular Premium Uniform Cover Yearly -Regular Plan-IDCW Reinvestment|15 Yrs. Regular Premium Reducing Cover Monthly -Regular Plan-IDCW Reinvestment|15 Yrs. Regular Premium Reducing Cover Half-Yearly -Regular Plan-IDCW Reinvestment|15 Yrs. Regular Premium Reducing Cover Yearly -Regular Plan-IDCW Reinvestment|15 Yrs. Regular Premium Uniform Cover Monthly -Regular Plan-IDCW Reinvestment|15 Yrs. Regular Premium Uniform Cover Half-Yearly -Regular Plan-IDCW Reinvestment|15Yrs. Regular Premium Uniform Cover Yearly -Regular Plan-IDCW Reinvestment|10 Yrs. Single Premium -Direct Plan-IDCW Reinvestment|10 Yrs. Regular Premium Reducing Cover Monthly -Direct Plan-IDCW Reinvestment|10 Yrs. Regular Premium Reducing Cover Yearly -Direct Plan-IDCW Reinvestment|10 Yrs. Regular Premium Reducing Cover Half-Yearly -Direct Plan-IDCW Reinvestment|10 Yrs. Regular Premium Uniform Cover Half-Yearly -Direct Plan-IDCW Reinvestment|10 Yrs. Regular Premium Uniform Cover Yearly -Direct Plan-IDCW Reinvestment|10 Yrs. Regular Premium Uniform Cover Monthly -Direct Plan-IDCW Reinvestment|15 Yrs. Regular Premium Reducing Cover Half-Yearly -Direct Plan-IDCW Reinvestment|15 Yrs. Regular Premium Reducing Cover Yearly -Direct Plan-IDCW Reinvestment|15 Yrs. Regular Premium Reducing Cover Monthly -Direct Plan-IDCW Reinvestment|15 Yrs. Regular Premium Uniform Cover Half-Yearly -Direct Plan-IDCW Reinvestment|15 Yrs. Regular Premium Uniform Cover Yearly -Direct Plan-IDCW Reinvestment|15 Yrs. Regular Premium Uniform Cover Monthly -Direct Plan-IDCW Reinvestment|10 Yrs. Regular Premium Reducing Cover Quarterly -Direct Plan-IDCW Reinvestment|10 Yrs. Regular Premium Uniform Cover Quarterly -Direct Plan-IDCW Reinvestment|15 Yrs. Regular Premium Reducing Cover Quarterly -Direct Plan-IDCW Reinvestment|10 Yrs. Regular Premium Reducing Cover Quarterly -Regular Plan-IDCW Reinvestment|15 Yrs. Regular Premium Uniform Cover Quarterly -Direct Plan-IDCW Reinvestment|15 Yrs. Regular Premium Reducing Cover Quarterly -Regular Plan-IDCW Reinvestment|15 Yrs. Regular Premium Uniform Cover Quarterly -Regular Plan-IDCW Reinvestment|10 Yrs. Regular Premium Uniform Cover Quarterly -Regular Plan-IDCW Reinvestment. The Scheme has stopped taking new subscriptions (Lumpsum or SIP) from prospective investors. Furthermore · no additional purchase from the existing investors is accepted hereon · with effect from July 01 · 2022 · till further notice.
Face value: ₹10
Listed: No

How it is run

Swing pricing: No
Side-pocketing: No
Custodian: Standard Chartered Bank
Auditor: M/s. Deloite Haskins & Co LLP
Registrar: KFin Technologies Ltd
SEBI code: LIC MF Unit Linked Insurance Scheme is yet to be categorised in terms of SEBI circular Categorization and Rationalization of Mutual Fund Schemes. There is no scheme code assigned to ULIS