Long term capital appreciation with current income
A fund that invests both in stocks and fixed income 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 balanced scheme which seeks to provide regular returns and capital appreciation according to the selection of plan by investing in equities and debt. 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) Daily – Rs.300/- and in multiples of Rs.1/- thereafter.
2)Monthly – 1000/- and in multiples of Rs.1/- thereafter.
3)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 Hybrid 35 + 65 - Aggressive Index|
|Load Structure||Entry Load – Nil
• 10% of the unit allotted shall be redeemed without any exit load, on or before completion of 12 months from the date of allotment of units.
• 1% on remaining units, if redeemed or switched out on or before completion of 12 months from the date of allotment of units.
• Nil, if redeemed or switched out after completion of 12 months from the date of allotment of units.
|Minimum Redemption||INR 500/- and in multiples of INR 1/- thereafter.|
|Asset Allocation Pattern||
*The Cumulative Gross Exposure to Equity, Debt, Money Market, derivatives, REITs will not exceed 100% of the Net Assets of the Scheme.
|Fund Manager||Mr. Saravana Kumar (Equity Portfolio)
Mr. Marzban Irani (Debt Portfolio)
|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."