Long term capital appreciation and current income
Investment in debt and money market instruments as well as Equity and Equity related instruments.
Risk - Moderately High
*Investors should consult their financial advisers if in doubt about whether the product is suitable for them.
|Investment Objective||An open ended scheme which seeks to generate long term capital growth through a judicious mix of investment in quality debt securities and equities with relatively low risk levels through research based investments.|
|Minimum Application Amount||INR 5,000/- and in multiples of
INR 1/- thereafter.
For Systematic Investment Plan (SIP), the minimum amount is INR 1,000/- (Monthly) & INR 3,000/- (Quarterly) and in multiples of INR 1/- thereafter
|Minimum Additional Amount (for subsequent investments under an existing folio)||INR 500/- and in multiples of INR 1/- thereafter.|
|Benchmark Index||CRISIL Balanced Fund – Aggressive|
|Load Structure||Entry Load – Nil
Exit Load -
» 1% if redeemed or switched out on or before completion of 1 year from the date of allotment of units.
» If redeemed or switched out after completion of 1 year from the date of allotment of units. Nil
|Minimum Redemption||Minimum of INR 500/- and in multiples of INR 1/- thereafter|
|Asset Allocation Pattern||
Depending upon the market conditions,market opportunities available,the political and economic factors and subject to the Regulations,the percentage investments of the fund may vary at times,based on the perception of the Fund Manager within the overall investment objective of the scheme.
|Fund Manager||Mr. Marzban Irani (Debt Portfolio)
Mr. Ramnath Venkateswaran (Equity Portfolio)
|Plans Available||Regular Plan and Direct Plan.
(The Regular and Direct plan will have a common portfolio)
|Options Available||1. Growth Option and 2. Dividend Option
The Dividend option has the following facilities: (i) Dividend Reinvestment Facility. (ii) Dividend Pay-out Facility. Default Investment option is Growth Option. For the Dividend option, the default facility will be Dividend Reinvestment.
|Accident Insurance Benefits||A Free Personal accident cover to domestic resident unit holders equal to 10 times the amount invested, subject to a maximum of INR 3 Lakh.|
|Ideal Gift||Units of the scheme are also ideal as gifts for children, less than 18 years of age.|
|Applicable NAV||The NAV applicable for purchase or redemption or switching of Units based on the time of the Business Day on which the application is time stamped.|
|Risk Factors||For detailed scheme/securities related risk factors, please refer to the Scheme Information Document.|
|Statutory Details: Sponsor: Life Insurance Corporation of India.
Investment Manager: LIC Mutual Fund Asset Management Ltd. CIN: U67190MH1994PLC077858
"*Mutual Fund investments are subject to market risks, read all scheme related documents carefully."