Generation of reasonable returns over short to medium term
Investment in Debt securities and money market instruments
Risk - Moderate
*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 returns commensurate with risk from a portfolio constituted of Debt securi|
|Minimum Application Amount||Minimum of ₹5,000 and in multiples of ₹1 thereafter. For Systematic Investment Plan (SIP), the minimum amount is ₹300 (Daily), ₹1,000 (Monthly) & ₹3,000 (Quarterly) & in multiples of ₹1 thereafter|
|Minimum Additional Amount (for subsequent investments under an existing folio)||₹500 and in multiples of ₹1 thereafter|
|Benchmark Index||CRISIL Short Term Bond Fund Index|
|Load Structure||Entry Load : NIL; Exit Load : NIL|
|Minimum Redemption Amount||Minimum of ₹500 & in multiples of ₹1 thereafter|
|Asset Allocation Pattern||
*Debt Securities may include securitized debts up to 50% of the net assets.
|Fund Manager||Mr. Marzban Irani|
|Plans Available||Regular Plan & Direct Plan (The Regular and direct plan will be having 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|
|Applicable NAV||The NAV applicable for purchase or redemptuion 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."