LIC Mutual Fund launches LIC MF Multi Cap Fund

LIC Mutual Fund launches LIC MF Multi Cap Fund

by News Team | Mutual Fund

NFO period: 06th October - 20th October, 2022

Highlights of the NFO:

  • Scheme type - An open-ended equity scheme investing across large cap, mid cap and small cap stocks

  • Investment objective - The investment objective of the scheme is to generate long term capital appreciation by investing in a diversified portfolio of equity & equity related instruments across large cap, mid cap and small cap stocks. However, there is no assurance that the investment objective of the scheme will be realized.

  • Product suitability - The product is suitable for investors who are seeking long term capital appreciation by investing in equity and equity related instruments across Large, Mid & Small Cap stocks.

  • Minimum Application Amount - First investment is Rs. 5,000/- and in multiples of Rs. 1/- thereafter

  • Plan/ Options available - Direct Plan and Regular Plan having Growth Option and Income Distribution cum Capital Withdrawal (IDCW) Option (with Payout of Income Distribution cum capital withdrawal option and Reinvestment of Income Distribution cum capital withdrawal option).

  • Fund Managers - Mr. Yogesh Patil

  • Benchmark - NIFTY 500 Multicap 50:25:25 TRI

(Mutual Fund investments are subject to market risks, read all scheme related documents carefully.)