The speaker predicts that LIC returns are lower than fixed deposits and significantly lower than potential returns from mutual fund SIPs over an 18-year period. The LIC is projected to yield 5.93% return, while a mutual fund SIP is estimated to yield approximately 5.5 lakh rupees after 18 years for the same investment amount (implying a higher effective return).
"If you calculate this mathematically, its return comes to 5.93, which means your money is growing at 5.93 per cent every year. Well, this is a lower return than a fixed deposit because a fixed deposit also gives you around 6 per cent. But if you invest this same amount, which is 2558 rupees, in a mutual fund SIP for 18 years, then after 18 years you can get 5.5 lakh rupees."
