Regular income for short term
Investment in Debt/Money Market Instruments with maturity of upto 91 days.
Risk - Low
*Investors should consult their financial advisers if in doubt about whether the product is suitable for them.
|Investment Objective||An open ended scheme which seeks to generate reasonable returns with low risk and high liquidity through judicious mix of investment in money market instruments and quality debt instruments. 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 Liquid Fund Index|
|Load Structure||Entry Load – Nil
|Minimum Redemption||Minimum of INR 500/- and in multiples of INR 1/- thereafter|
|Asset Allocation Pattern||
|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."