LIC - Choti SIP

What is Choti SIP?

Want to take the first step toward a better financial future? Or know someone who has never invested before? Here’s a super simple way to begin, that too with just ₹250 a month!

Introducing Choti SIP Facility – a way to start investing in Mutual Funds without needing a big amount. It’s easy, affordable, and made for people who are just starting out to begin their wealth-building journey with ease and confidence. Whether you're a student, a homemaker, a daily wage earner, or someone with irregular income, Choti SIP is for you. Every rupee you invest is a step toward your dreams. As this facility is specially created for first-time mutual fund investors, those who already have an existing SIP may not be able to avail the benefits offered under the Choti SIP scheme.

About-Choti-SIP

Why Choti SIP?

  • Easy to Begin

    Start your investment journey with just ₹250 per month —no large savings needed for long-term wealth creation.
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  • Builds Financial Discipline

    A small, regular SIP helps you develop the habit of saving and investing consistently.
  • Power of Compounding

    Even modest monthly contributions can grow significantly over time when invested.
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  • Financial Flexibility from a Young Age

    Starting early with small SIPs builds smart money habits and gives you more control over your finances as you grow.

Eligible Schemes under Choti SIP Facility

LIC MF Large & Midcap Fund
First Tier
Benchmark
Nifty LargeMidcap 250 TRI
Risk - Very High Riskometer
Fund Manager - Mr.Yogesh Patil
Mr.Dikshit Mittal
LIC MF Flexi Cap Fund
First Tier
Benchmark
Nifty 500 TRI
Risk - Very High Riskometer
Fund Manager - Mr.Karan Doshi
Mr.Jaiprakash Toshniwal
LIC MF Multi Cap Fund
First Tier
Benchmark
NIFTY 500 Multicap 50:25:25 TRI
Risk - Very High Riskometer
Fund Manager - Mr.Dikshit Mittal
Mr.Yogesh Patil
LIC MF Value Fund
First Tier
Benchmark
Nifty 500 - TRI
Risk - Very High Riskometer
Fund Manager - Mr.Mahesh Bendre
Mr.Sumit Bhatnagar
LIC MF Aggressive Hybrid Fund
First Tier
Benchmark
CRISIL Hybrid 35+65 - Aggressive Index
Risk - Very High Riskometer
Fund Manager - Mr.Karan Doshi
Mr.Pratik Harish Shroff
Mr.Sumit Bhatnagar
LIC MF Multi Asset Allocation Fund
First Tier
Benchmark
65% Nifty 500 TRI + 25% Nifty Composite Debt Index + 10% Price of Domestic Gold
Risk - Very High Riskometer
Fund Manager - Mr.Sumit Bhatnagar
Mr.Jaiprakash Toshniwal
Mr.Pratik Shroff
LIC MF Arbitrage Fund
First Tier
Benchmark
NIFTY 50 Arbitrage Index
Risk - Low Riskometer
Fund Manager - Mr.Sumit Bhatnagar
Mr.Pratik Harish Shroff
LIC MF Equity Savings Fund
First Tier
Benchmark
NIFTY Equity Savings Index
Risk - Moderate Riskometer
Fund Manager - Mr.Sumit Bhatnagar
Mr.Pratik Harish Shroff
LIC MF BSE Sensex Index Fund
First Tier
Benchmark
BSE Sensex-TRI
Risk - Very High Riskometer
Fund Manager - Mr.Sumit Bhatnagar
LIC MF Nifty 50 Index Fund
First Tier
Benchmark
NIFTY 50-TRI
Risk - Very High Riskometer
Fund Manager - Mr.Sumit Bhatnagar
LIC MF Nifty Next 50 Index Fund
First Tier
Benchmark
NIFTY Next 50 - TRI
Risk - Very High Riskometer
Fund Manager - Mr.Sumit Bhatnagar
LIC MF Balanced Advantage Fund
First Tier
Benchmark
NIFTY 50 Hybrid Composite debt 50:50 Index
Risk - Very High Riskometer
Fund Manager - Mr.Jaiprakash Toshniwal
Mr.Rahul singh
Mr.Yogesh Patil
LIC MF Large Cap Fund
First Tier
Benchmark
NIFTY 100-TRI
Risk - Very High Riskometer
Fund Manager - Mr.Sumit Bhatnagar
Mr.Mahesh Bendre
LIC MF Childrens Fund
First Tier
Benchmark
CRISIL Hybrid 35+65 - Aggressive Index
Risk - Very High Riskometer
Fund Manager - Mr.Karan Doshi
Mr.Pratik Harish Shroff
LICMF Focused Fund
First Tier
Benchmark
NIFTY 500 Index TRI
Risk - Very High Riskometer
Fund Manager - Mr.Jaiprakash Toshniwal
Mr.Sumit Bhatnagar
LICMF Dividend Yield Fund
First Tier
Benchmark
NIFTY 500 - TRI
Risk - Very High Riskometer
Fund Manager - Mr.Dikshit Mittal
Mr.Karan Doshi

FAQ's

The ticket size of the SIP registered under eligible Schemes under Choti SIP Facility will be exactly equal to Rs. 250/- SIP. The investment must be under the Growth Option of the eligible Schemes.

Payments for Choti SIP are restricted to NACH ( National Automated Clearing House ) and UPI (Unified Payments Interface.)auto pay only.

At the time of registration, a minimum commitment of 60 instalments is required. However, there are no restrictions on early withdrawal, allowing flexibility for investor.

Choti SIPs are beginner-friendly and a great way to start learning about personal finance.

Mutual fund investments are subject to market risks, read all scheme related documents carefully.

म्यूचुअल फंड निवेश बाजार जोखिमों के अधीन हैं, योजना से संबंधित सभी दस्तावेजों को ध्यान से पढ़ें |

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