Summary of this article
LIC MF opened its first ever branch for women investors
This marked the 54th branch of LIC MF
LIC Mutual Fund Asset Management inaugurated its first women-centric branch in South Delhi on February 9. With this, it became the first asset management company in India to set up a branch for women investors and run by women aimed to boost participation of women in mutual fund investing.
The initiative taken by the company is aimed towards bringing the gender gap in investment by encouraging women to take greater onus and ownership of their financial future, Ravi Kumar Jha, Managing Director & CEO of LIC Mutual Fund, said. The branch aims to create a safe space for women seeking investment consultation and managing their finances.
The branch, which has opened near Nehru Enclave metro station, will be staffed entirely by women. This marks the 54th branch of the company. Jha said that the company is targeting to take its branch strength up to 100 soon. South Delhi region is considered a key growth market for the mutual fund industry, having an estimated assets under management (AUM) of around Rs. 1.3 lakh crore and over 2,000 active mutual fund distributers.
“The launch of our women-centric branch is a significant milestone for LIC Mutual Fund and the industry at large. Women are increasingly playing a central role in household and long-term financial decision-making, and this initiative aims to provide them with a more accessible, supportive, and engagement-driven investment experience.” Jha said.
The inauguration of the women-centric branch is also aimed at the company’s commitment towards financial inclusion and women empowerment along with the broader focus of the company on financial literacy, providing digital access and a long-term wealth participation, the company said.
By the end of December 2025, LIC MF’s AUM in South Delhi alone stood at around Rs. 200 crore, including Rs. 175 crore in equity assets alone.
The asset management company had set a target of reaching Rs. 1 lakh crore in group AUM by 2026. However, Jha said that it would take longer to achieve this goal. By the end of 2026, the company is targeting to reach Rs. 70,000 crore worth of AUM, rising from Rs. 48,000 crore currently managed by the company, Jha said.
