Facts & Figures

LIC Mutual Fund

Set-up mutual fund in June1989
So far 28 schemes have been floated
Jeevan Bima Sahayog AMC has been formed on 20.4.1994
7 Area offices have commenced operation

Year	Agents Network	Schemes	Collection during the year		Collection upto the year
			Appln.	Amount (Rs.mn)	Appln. (mn)	Amount (Rs.mn)
1994	58,959	18	*	*	1.287	16270
1995	61,707	20	61000	733.3	1.348	16930
1996	62,753	23	35000	1170.0	1.390	18040
1997	63,963	26	68000	1692.0	1.458	19740
1998	64,587	28	16000	1020.0	1.474	20760

* No new schemes were floated pending formation of AMC as per SEBI guidelines