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Mutual Fund schemes can be classified into different categories and subcategories based on their investment objectives or their maturity periods.

A) Classification based on maturity period:

Mutual Fund schemes can be classified into three categories based on their maturity periods.

Every day we wake up to the fact that more than 220 million lives are part of our family called LIC.

We are humbled by the magnitude of the responsibility we carry and realise that the lives that are associated with us are very   valuable indeed.

Although this journey started five decades ago, we are still conscious of the fact that, while insurance may be a business for us, being part of millions of lives every day for the past 52 years has been a process called TRUST.

52 Years Of Trust…

…Thy Name Is LIC

With such high medical and health care costs these days, it’s hard to even think about visiting a doctor. But what about an unexpected mishap or an unforeseen disability or attack, where the potential medical bills could shoot up to a sky? Where would you get so much money from?