LIC Mutual Fund launches LIC MF Multi Asset Allocation Fund

NFO period: 24^th January – 07^th February, 2025

Highlights of the NFO:

• Scheme type – An open-ended scheme investing in Equity, Debt and Gold


• Investment objective – The investment objective of the scheme is to generate long term capital appreciation by investing in diversified portfolio of equity & equity related instruments, debt & money market instruments and units of Gold Exchange Traded Funds (ETFs). There is no assurance that the investment objective of the scheme will be achieved.


• Product suitability – This product is suitable for investors who are seeking capital appreciation over a long period of time. By investing in a diversified portfolio of equity & equity related instruments, Debt & Money Market Instruments and Units of Gold ETFs as per asset allocation pattern.


• 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. Nikhil Rungta, Mr. Sumit Bhatnagar and Mr. Pratik Harish


• Benchmark – 65% Nifty 500 TRI + 25% Nifty Composite Debt Index + 10% Price of Domestic Gold