This product is suitable for investors who are seeking* :

Medium to long term regular Income.

Investment in securities in line with Nifty 8-13 yr G-Sec Index
to generate comparable returns subject to tracking error.

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 provide returns that closely correspond to the total returns of securities as represented by Nifty 8-13 yr G-Sec Index, subject to tracking errors. However there is no assurance that the objective of the scheme will be achieved.
Listing The units of LIC MF GSEC ETF are listed on NSE.
Risk Factors For detailed scheme/securities related risk factors, please refer to the Scheme Information Document.
Benchmark Index Nifty 8-13 yr G-Sec
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
Under normal circumstances, the asset allocation pattern will be as follows Indicative allocations (% of total assets) Risk Profile
Instruments Minimum Maximum High/Medium/Low
Securities comprising of underlying Benchmark Index 95 100 Low
Other Debt and Money market instruments* 0 5 Low

*Money Market Instruments include commercial papers, commercial bills, treasury bills, and Government securities having an unexpired maturity upto one year, call or notice money, certificate of deposit, usance bills, CBLOs and any other like instruments as specified by the Reserve Bank of India from time to time.
Since, LIC MF G-SEC Long Term ETF is a passively managed exchange traded open ended index scheme, therefore change in investment pattern is normally not foreseen. However, for short durations part of the corpus may be pending for deployment, in cases of extreme market conditions or special events.
In the event of any deviations below the minimum limits or beyond the maximum limits as specified in the above table, the Fund Manager shall rebalance the portfolio within a period of 30 days.

Fund Manager Mr. Marzban Irani
Benefits of Investments through ETF: » Can be easily bought / sold like any other stock on the exchange through terminals spread across the country.
» Can be bought / sold anytime during market hours at prices that are expected to be close to actual NAV of the Scheme. Thus, investor invests at real-time prices as opposed to end of day prices.
» No separate form filling for buying / selling units. It is just a phone call to your broker or a click on the net.
» Ability to put limit orders.
» Minimum investment for an Exchange Traded Fund is one unit.
» Protects long-term investors from the inflows and outflows of short-term investors.
» Flexible as it can be used as a tool for gaining instant exposure to the equity markets, hedging or for arbitraging between the cash and futures market.
» Helps in increasing liquidity of underlying cash market.
» Aids low cost arbitrage between Futures and Cash market.
» An investor can get a consolidated view of his investments without adding too many different account statements, as Exchange Traded Funds will be in demat form.
Minimum Application Amount on ongoing basis from Mutual Fund/ Stock Exchange(s) For Subscription / Redemption of units directly with Mutual Fund: Purchases directly from the Mutual Fund would be restricted to Authorized Participants and Large Investors provided the value of units to be purchased is in creation unit size. Authorized Participants and Large Investors may buy the units on any business day for the scheme directly from the Mutual Fund at applicable NAV and transaction charges, if applicable, by transferring securities or cash, value of which is equal to creation unit size. Each creation unit consists of 100,000 units of LIC MF G-SEC Long Term Exchange Traded Fund. The Fund may from time to time change the size of the Creation Unit in order to equate it with marketable lots of the underlying instruments.
For Purchase / Sale of units through Stock Exchange:As the Units of the Schemes are listed on NSE, an Investor can buy Units on continuous basis on the capital market segment of NSE during trading hours like any other publicly traded stock at prices which may be close to the actual NAV of the Scheme. There is no minimum investment, although Units are Purchased in round lots of 1 (one)Unit.
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."