Medium term capital appreciation with current income
A fund that invests predominantly in debt instruments with marginal equity exposure.
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 regular income by investing mainly in a portfolio of quality debt securities and money market instruments. It also seeks to generate capital appreciation by investing some percentage in a mix of equity instruments. However, there is no assurance that the investment objective of the Schemes will be realized.
The Dhanvarsha -12 Scheme is being converted into an open-ended monthly income plan w.e.f. 1/6/03. The existing unit holders will have the option to exit at redemption NAV as on 31/5/2003 within 30 days from the date of offer. Thereafter they can exit at daily NAV related prices. . New investors can subscribe to the scheme w.e.f. 1/6/2003 at NAV related prices.
|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 – 300/- and 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 MIP Blended Index.|
|Load Structure||» 12% of the units allotted shall be redeemed or switched out 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||Minimum of 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. Marzban Irani (Debt Portfolio)
Mr. Yogesh Patil (Equity 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."