Background
- Qualifications
- • MBA (Finance) – Rotman School of Management, university of Toronto • CFA – CFA Institute, USA • MBA (Finance) – I.M.S., Devi Ahilya University, Indore • BBA – P.I.M.R, Devi Ahilya University, Indore
- Experience
- Mr. Sumit Bhatnagar has an overall experience of 25 years in financial markets. – • Fund Manager of (Equity) – LIC Mutual Fund Asset Management Limited (With – rd effect from 3 October 2023) • Fund Manager (Equity) – Indiabulls Asset – Management Co. Ltd. (May 2021 – June 2023) • Head – Equity - Indiabulls Asset Management Co. Ltd. (February 2009 – January 2019)
Funds Sumit Bhatnagar manages
14Named on 16 schemes; the 14 with a three-year record are ranked by 3Y CAGR. Open a fund for NAV history, rolling returns, risk metrics and peer rank.
| 1 | LIC MF Gold Exchange Traded Fund | ★★★★★ | +60.0% | +38.9% | — | 0.45% | ₹1,420Cr |
| 2 | LIC MF Gold ETF Fund of Fund | ★★★★☆ | +55.2% | +36.9% | — | 0.35% | ₹794.28Cr |
| 3 | LIC MF Nifty Next 50 Index Fund | ★★★★☆ | +9.8% | +19.9% | — | 0.32% | ₹103.89Cr |
| 4 | LIC MF Value Fund | ★★★☆☆ | +24.1% | +19.1% | — | 1.84% | ₹212.81Cr |
| 5 | LIC MF Aggressive Hybrid Fund | ★☆☆☆☆ | +5.0% | +12.7% | +10.0% | 1.73% | ₹511.80Cr |
| 6 | LIC MF Focused Fund | ★☆☆☆☆ | +6.0% | +11.3% | — | 2.68% | ₹160.83Cr |
| 7 | LIC MF Nifty 100 ETF | ★★★☆☆ | -0.4% | +10.6% | +9.7% | 0.29% | ₹722.50Cr |
| 8 | LIC MF Large Cap Fund | ★☆☆☆☆ | -2.0% | +9.9% | +8.4% | 1.43% | ₹1,346Cr |
| 9 | LIC MF Equity Savings Fund | ★☆☆☆☆ | +4.5% | +9.7% | — | 1.93% | ₹34.65Cr |
| 10 | LIC MF Nifty 50 ETF | ★★★☆☆ | -2.3% | +9.0% | +9.2% | 0.08% | ₹851.85Cr |
| 11 | LIC MF Nifty 50 Index Fund | ★★★☆☆ | -2.8% | +8.6% | +8.9% | 0.56% | ₹358.29Cr |
| 12 | LIC MF BSE Sensex ETF | ★★★☆☆ | -4.4% | +7.2% | +8.2% | 0.11% | ₹705.43Cr |
| 13 | LIC MF Arbitrage Fund | ★★★☆☆ | +6.6% | +7.2% | +6.5% | 1.17% | ₹249.64Cr |
| 14 | LIC MF BSE Sensex Index Fund | ★★☆☆☆ | -4.9% | +6.8% | +7.8% | 0.66% | ₹90.05Cr |
NAV data as of 21 Aug 2026. Role, qualifications and tenure are disclosures from LIC’s Scheme Information Documents and Statement of Additional Information — SEBI filings, not our assessment of anyone. 1 of the 16 scheme assignments come from another of the house’s filings naming them rather than from that scheme’s own document, so that list may be incomplete. Returns are computed from AMFI NAV history; see our methodology. A fund’s performance is not attributable to one person, and nothing here is investment advice.