Long term Capital Appreciation and current income
Investment in sovereign securities issued by Central State Government.
Risk - Moderate
*Investors should consult their financial advisers if in doubt about whether the product is suitable for them.
|Investment Objective||The primary objective of the scheme is to generate credit risk free and reasonable returns for its investors through investments in sovereign securities issued by the central and /or state Government and/or any security unconditionally guaranteed by the central/ state government for repayment of Principal and interest and/or reverse repos in such securities as and when permitted by RBI. However, there is no assurance that the investment objective of the Schemes will be realized.|
|Minimum Application Amount||Application Amount (Other than fresh purchase through SIP) – Rs.10,000/- and in multiples of Rs.1 thereafter.
SIP Amount – 1)Monthly – 1000/- and in multiples of Rs.1/- thereafter.
2)Quarterly – Rs.3000/- and in multiples of Rs.1/-
|Minimum Additional Amount (for subsequent investments under an existing folio)||INR 500/- and in multiples of INR 1/- thereafter.|
|Benchmark Index||I-Sec Composite Index|
|Load Structure||Entry Load – Nil
Exit Load - 0.25% if exit within 30 days from the date of allotment of units.
|Minimum Redemption||Redemption Amount – Rs.500/- and in multiples of Rs.1/- thereafter (Except demat units).|
|Asset Allocation Pattern||
|Fund Manager||Mr. Marzban Irani|
|Plans Available||Regular Plan and Direct Plan.
(The Regular and Direct plan will have a common portfolio)
• Dividend Payout
• Dividend Reinvestment
|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."