LIC Mutual Fund launches LIC MF Manufacturing Fund

NFO period: 20^th September – 04^th October, 2024

Highlights of the NFO:

• Scheme type – An open ended equity scheme following manufacturing theme


• Investment objective – The investment objective of the scheme is to achieve long term capital appreciation by predominantly investing in equity and equity related instruments of companies following manufacturing theme. 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 long term by investing predominantly in equity and equity related instruments of companies following manufacturing theme.


• 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 and Mr. Mahesh Bendre


• Benchmark – Nifty India Manufacturing Index