A liquid crystal projector of the type, wherein the light emitted from a light source is split into a red beam, a green beam, and a blue beam, and these beams are applied to red-image, green-image, and blue-image display LCD panels, the red-image beam, the green-image beam, and the blue-image beam emerging from these LCD panels are combined and projected by a projection lens, thereby to form a full-color image. The projector has an optical system which guides the beams such that these beam have optical paths of the same length which extend from the light source or the LCD panels to the projection lens.