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Investment Objective

The primary investment objective of the scheme is to generate returns commensurate with risk from a portfolio constituted of Debt securities and/or Money Market instruments. However, there can be no assurance that the investment objective of the scheme will be achieved.

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Minimum Application Amount

Minimum of ₹5,000 and in multiples of ₹1 thereafter. For Systematic Investment Plan (SIP), the minimum amount is ₹300 (Daily),₹1,000 (Monthly) & ₹3,000 (Quarterly) & in multiples of ₹ 1 thereafter

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Load Structure

Entry Load – Nil Exit Load

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Minimum Redemption Amount

Minimum of ₹500 & in multiples of ₹1 thereafter.

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Plan

Regular Plan & Direct Plan

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Option

  • Growth option
  • Dividend option

The Dividend option has the following facilities:

  • Dividend Reinvestment Facility
  • Dividend Pay-out Facility

Default Investment option is Growth Option. For the Dividend option, the default facility will be Dividend Reinvestment

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Scheme Category

Short Duration Fund

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Minimum Additional Amount
(For subsequent investments under an existing folio)

₹ 500 and in multiples of ₹ 1 thereafter.

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Fund Manager

Mr. Marzban Irani


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Benchmark Index

CRISIL Short Term Bond Fund Index

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Financial Advisor

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By clicking on submit button, you hereby declare that the details provided i.e. your name, phone number email id and city are your own and you authorise LIC Mutual Fund/LIC Mutual Fund Asset Management Ltd. and/or its authorised service provider(s) to communicate Mutual Fund scheme related matters/documents and other information related to the investment products.This will override your registry on DND/ DNDC, as the case may be.