Many LIC equity schemes hold CRISIL ratings of three or higher. Opting for an LIC SIP, depending on your selected fund, can offer the potential for capital appreciation across both low-risk and high-risk investment profiles.

Why should you invest in LIC SIP?

Through an LIC Systematic Investment Plan (SIP), consistent monthly investments contribute to the growth of your portfolio over time. The returns generated on these investments also contribute to the overall growth. Additionally, it's worth noting that LIC, with its three or higher CRISIL ratings, adds a layer of credibility and positive evaluation to the investment potential.

How to open a SIP account in LIC?

Download the Stack Wealth App. Start by choosing the LIC SIP mutual fund strategy of your choice and invest in the app itself. Track the performance regularly.

How are the LIC Bank SIP taxed?

The taxation of LIC Bank SIP is contingent on the type of mutual fund scheme chosen. In the case of equity mutual funds, long-term capital gains (LTCG) are taxed at 17%, whereas short-term capital gains (STCG) incur a tax rate of 15%. It's essential to be aware of the specific tax implications based on the type and duration of your investment for effective financial planning.

Does LIC SIP have a lock-in period?

Certain noteworthy LIC SIP plans which come with a lock-in period of 3 years. Investors should be mindful of this lock-in duration, especially when considering the LIC ELSS, which is a tax-saving fund. During the lock-in period, investors typically cannot redeem or withdraw their investments, ensuring a commitment for a specified timeframe. It's crucial to understand the terms and conditions of each SIP plan before making investment decisions.

LIC SIP Calculator

Calculate the returns of your SIP with LIC Systematic Investment Plan Calculator

monthly investment (₹)

expected return rate (% p.a)

time period (yrs)

total value

₹61,650

invested amount

₹60,000

estimated returns

₹1,650

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why invest with Stack

Simple & Convinient

All the mutual fund SIPs can be tracked easily on the app. Get regular reports & updates on how your SIPs are performing.

Manage Risk

Stack helps to choose the best SIPs based on your risk profile to manage risks and to ensure optimal risk-adjusted returns.

Financial Planning

We recommed the right asset allocation for your investments to ensure you reach your specific financial goals on time.

Finacial Discipline

Our SIP plans help you create financial discipline by automating your investments every month, relieveing you of the burden to plan your investments every month.

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Understanding LIC SIP Calculator

What is LIC MUTUAL FUND SIP Calculator?

How does LIC MUTUAL FUND SIP calculator work?

How to Use the LIC MUTUAL FUND SIP (Systematic Investment Plan) Return Calculator?

LIC MUTUAL FUND SIP Calculator Formula

Benefits of using LIC MUTUAL FUND SIP Return calculator

What is LIC MUTUAL FUND SIP Calculator?

The LIC Mutual Fund SIP calculator is a robust tool designed to help investors estimate the potential returns on their mutual fund investments made through SIP (Systematic Investment Plan). In essence, the LIC Mutual Fund SIP Calculator is an online resource that enables users to calculate the required SIP amount to achieve their financial goals, considering the expected annual return, when invested in LIC Mutual Fund mutual funds through SIP.

How does LIC MUTUAL FUND SIP calculator work?

The LIC Mutual Fund SIP calculator is crafted to provide investors and individuals with insights into their mutual fund investments. Returns on mutual fund investments can vary based on the chosen investment scheme from LIC Mutual Fund. This SIP LIC Mutual Fund calculator assists users in estimating the future value of an SIP in mutual funds, considering a specific rate of return and time period.

How to Use the LIC MUTUAL FUND SIP (Systematic Investment Plan) Return Calculator?

a. SIP calculations pose complexity when done manually, even for those familiar with the formula, often consuming considerable time. Our calculator ensures swift, accurate results in seconds.

b. Manual SIP calculations are intricate and time-consuming, even for those acquainted with the formula. The calculator provides rapid, accurate results, saving valuable time.

c. Solve the complexity of SIP calculations manually, a time-consuming task, with ease using our calculator, ensuring accurate results in a matter of seconds.

LIC MUTUAL FUND SIP Calculator Formula

The LIC SIP calculator employs a formula incorporating four variables to predict returns:

FV = [P x R x (1 + i) n-1/i] x (1 + i)

P is the number of instalments made

R is the expected rate of return.

i is the interest rate per period.

n is the number of instalments made.

Benefits of using LIC MUTUAL FUND SIP Return calculator

The LIC SIP calculator utilizes historical performance data of LIC mutual fund schemes to estimate their performance. This user-friendly tool aids in making informed investment decisions by providing insights into the fund's standing within its category. Key benefits of the LIC SIP calculator include its user-friendliness, simplification of calculations, and the swift generation of potential return results, eliminating the need for manual and time-consuming calculations.