Here is a brief profile of LIC mutual fund

LIC Mutual Fund

Promoted by India's largest life insurer, Life Insurance Corporation of India, LIC mutual fund was launched on June 19, 1989. As of Aug 2006, the fund has assets of close to Rs.10,703 crore under management.

The fund is sponsored by Life Insurance Corporation of India. The investment manager for the mutual fund, Jeevan Bima Sahayog Asset Management Company Limited, was formed on April 20, 1994 in compliance with the Securities and Exchange Board of India (Mutual Funds) Regulations, 1993. The operations of the company are headed by M. S. Suryanarayana, chief executive officer.

Here is a list of mutual funds of LIC which includes Debt, Equity and Balanced funds.