Regular Income for short term.
A fund that focuses on low duration securities.
Risk - Moderate
*Investors should consult their financial advisers if in doubt about whether the product is suitable for them.
|Investment Objective||The investment objective of the Scheme is to generate income by investing in a portfolio of quality short term debt securities. 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.5,000/- 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/- thereafter.
|Minimum Additional Amount (for subsequent investments under an existing folio)||INR 500/- and in multiples of INR 1/- thereafter.|
|Benchmark Index||Crisil Low Duration Debt Index|
|Load Structure||Entry Load – Nil
Exit Load - Nil
|Minimum Redemption||Minimum of INR 500/- and in multiples of INR 1/- thereafter|
|Asset Allocation Pattern||
*The Cumulative Gross Exposure to Debt, Money Market, Derivative, REITs & InviT will
not exceed 100% of the Net Assets of the Scheme.
|Fund Manager||Mr. Rahul Singh|
|Plans Available||Regular Plan and Direct Plan.
(The Regular and Direct plan will have a common portfolio)
|Options Available||1) Dividend
• 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."