Comparison of indexed investments, managed fund version versus LIC version
Hard to find rates of return calculated in the same way for ASX listed LIC versus managed funds - However the Bloomberg site appears to have this, well it doesn’t say how they calculate their returns but presumably similar.
ASX site has some info on what a LIC actually is.
Bloomberg page with stats for ASX 200 Listed Property Fund versus Bloomberg page with stats for Vanguard Property Securities Index Fund.
Bloomberg page with stats for Streettracks ASX200 LIC versus Bloomberg page with stats for Vanguard Australian Shares Index Fund (ASX300)