Capital Appreciation over Long Term.
Investment in equity securities specified as Eligible Securities in Rajiv Gandhi Equity Savings Scheme.
Risk - 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 generate capital appreciation, from a portfolio that is substantially constituted of equity securities which are specified as eligible securities for Rajiv Gandhi Equity Savings Scheme (RGESS). The Scheme may also invest a certain portion of its corpus in cash & cash equivalent and money market instruments from time to time. However, there is no assurance that the investment objective of the Scheme will be realized.|
|Minimum Application Amount||INR 5,000/- and in multiples of
INR 1/- thereafter.
(For purchases during NFO period)
|Tenure/ Duration of the Scheme||3 Years from the respective date of allotment.|
|Benchmark Index||S&P BSE 100 Index|
|Load Structure||Entry Load – Nil
Exit Load - NIL
|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|
|Asset Allocation Pattern||
Depending upon the market conditions,market opportunities available,the political and economic factors and subject to the Regulations,the percentage investments of the fund may vary at times,based on the perception of the Fund Manager within the overall investment objective of the scheme.
|Fund Manager||Mr. Ramnath Venkateswaran|
|Plans Available||Regular Plan and Direct Plan.
(The Regular and Direct plan will have a common portfolio)
|Options Available||1. Growth Option and 2. Dividend Option|
The Dividend option has the following facilities: (i) Dividend Reinvestment Facility. (ii) Dividend Pay-out Facility. Default Investment option is Growth Option. For the Dividend option, the default facility will be Dividend Reinvestment./td>
|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."