LIC MF Tax Plan

This product is suitable for investors who are seeking* :

Long Term Capital Growth.

Investment in equity and equity related securities.

Risk - Moderately High.


*Investors should consult their financial advisers if in doubt about whether the product is suitable for them.

Investment Objective To provide capital growth along with tax rebate and tax relief to our investors through prudent investments in the stock markets.
An open ended equity linked tax saving Scheme - previously called as Dhan Tax Saver 1997, launched on 01.01.1997 as a 10 year close ended equity linked tax saving scheme) made open w.e.f. 17th April 2000 offers investors the opportunity to seek Tax rebate u/s 80C of the Income Tax Act 1961. 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.5,00/- and in multiples of Rs.500/- thereafter.
SIP Amount – 1)Daily – 500/- and in multiples of Rs.500/- thereafter.
2)Monthly – 500/- and in multiples of Rs.500/- thereafter.
3)Quarterly – Rs.1500/- and in multiples of Rs.500/- thereafter.
Minimum Additional Amount (for subsequent investments under an existing folio) INR 500/- and in multiples of INR 500/- thereafter.
Benchmark Index Nifty 500 Index
Load Structure Entry Load – Nil
Exit Load - NIL
(Subject to Lock-In Period of 3 years)
Minimum Redemption Minimum of INR 500/- and in multiples of INR 500/- thereafter.
Asset Allocation Pattern
Under normal circumstances, the asset allocation pattern will be as follows Indicative allocations (% of total assets) Risk Profile
Instruments Minimum Maximum
Equity and Equity related Instruments 80 100 Medium to High
Debt & Money Market instruments, Gsec, Money Market Instruments & Cash 0 20 Low to Medium
Fund Manager Mr. Sachin Relekar
Plans Available Regular Plan and Direct Plan.
(The Regular and Direct plan will have a common portfolio)
Options Available 1) Dividend Payout
2) Growth
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."