Long term capital appreciation and 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||The primary investment objective of the scheme is to seek to generate capital appreciation & provide long-term growth opportunities by investing in a portfolio constituted of equity securities & equity related securities and the secondary objective is to generate consistent returns by investing in debt and money market securities. However there can be no assurance that the investment objective of the scheme will be achieved.|
|Minimum Application Amount||Application Amount (Other than fresh purchase through SIP) – Rs.5,000/- (Daily/Monthly) and in multiples of Rs.1 thereafter.
SIP Amount – 1) Daily – 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 - Agggressive Index|
|Load Structure||Entry Load – Nil
Exit Load - Nil
|Minimum Redemption||INR 500/- and in multiples of INR 1/- thereafter, after the completion of Lock-in-period.|
|Asset Allocation Pattern||
*The Cumulative Gross Exposure to Equity, Debt, Money Market, Derivatives, REITs and InviT will not exceed 100% of the Net Assets of the Scheme.
|Fund Manager||Mr. Yogesh Patil (Equity Portfolio)
Mr. Marzban Irani (Debt Portfolio)
|Plans Available||Regular Plan and Direct Plan.
(The Regular and Direct plan will have a common portfolio)
|Options Available||The Scheme is growth oriented and is inclusive of SIP/SWP (after completion of lock –in – period) to address needs of regular investment / withdrawal of the investor.|
|Lock-in-period||Units purchased cannot be assigned/transferred / pledged/ redeemed/switched out for at least 5 years or until the unitholder attains maturity (i.e. he/she completes 18 years of age), on every Business Day.|
|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."