LICMF-NFO-Money-Market-Fund

Why choose LIC MF Money Market Fund?

Who-Should-invest
  • Circle-imgNo lock in / No exit load.
  • Circle-imgLower duration risk.
  • Circle-img Preferable option for investors to start a Systematic Transfer Plan into an Equity Fund.
  • Circle-img Lower interest rate risk.

Fund Overview

FO-Fund-Type

Fund Type

An open-ended debt scheme investing in money market instruments. (A relatively low interest rate risk and moderate credit risk).

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Plan

The Scheme offers Regular Plan and Direct Plan. (The Regular and Direct plan will be having a common portfolio)

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Option

1. Growth Option
2. Income Distribution cum Capital Withdrawal (IDCW) Option
IDCW Sub Options are:
1. Reinvestment of Income Distribution cum Capital Withdrawal.
2. Payout of Income Distribution cum Capital Withdrawal.

FO-Benchmark

First Tier Benchmark Index

NIFTY Money Market Index B-I

FO-Fund-Manager

Fund Manager

Mr. Rahul Singh.

FO-Minimum-Subcription

Minimum Subcription

Lumpsum Investment:₹5,000 & multiples of ₹1 thereafter.
Additional Purchase: ₹500 and multiples of ₹1 thereafter.
SIP: Monthly ₹1,000 & Quarterly ₹3,000.

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Special Facility available

Systematic Investment Plan (SIP) and Switch In facility would be available during NFO.

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Investment Objective

The investment objective of the Scheme is to generate income through investment in a portfolio comprising of money market instruments. However, there is no assurance that the Investment Objective of the Scheme will be achieved..

FO-Invet-Strategy

Investment Strategy

  • Circle-imgThe fund proposes to invest in money market securities having maturing upto 1 year.
  • Circle-imgThe fund proposes to invest in both sovereign and money market instrument to arrive at an optimum asset allocation between the asset classes.
  • Circle-imgThe fund endeavors to build a highest credit quality portfolio with focus on accruals.
  • Circle-imgThe maturity profile of debt instruments will be selected in line with the market outlook.
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Load Structure

Entry Load : Not Applicable

Exit Load : Nil

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Switch during NFO

Switch request will be accepted upto 3.00 p.m. on the last day of the NFO.

Product Label

Riskometer-img

Asset Allocation

Instruments Indicative allocation (% of total assets) Risk Profile
Minimum Maximum High / Medium / Low
Yellow-Arrow Money Market Instruments having maturity upto 1 year. 0 100 Low to Medium

For more Details on Asset Allocation, Kindly refer SID (Scheme Information Document).

Who should invest?

Who-Should-invest
  • Circle-imgInvestors looking for reasonable returns with investment in quality credits.
  • Circle-imgInvestors looking for short term investment in highly liquid papers.
  • Circle-img Investors seeking lower interest rate risk.
  • Circle-img Investors with an investment horizon of more than 9 months.

How does the fund work?

Who-Should-invest
  • Circle-imgThe fund will invest in money market securities with average maturity of less than 1 year.
  • Circle-imgThe fund will adopt a roll-down strategy with reset after 9 months depending on the interest rate scenario.
  • Circle-img At any give point in time proportion of G sec / Treasury bills will not fall below 10%.
  • Circle-img The Fund proposes to invest only in AAA/ A1+/ Sovereign papers (100% in highest safety).
By clicking on submit button, you hereby declare that thee details provided i.e. your name, phone number email id and city are your own and you authorise LIC Mutual Fund/LIC Mutual Fund Asset Management Ltd,and/or its authorised service provider(s) to communicate Mutual Fund scheme relaed matters/documents and othjer information related to the investment products. This will override your registry on DND/DNDC, as the case may be.
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The office of LIC Mutual Fund, (Chennai, Coimbatore, Salem and Madurai area offices), will be closed on 19th Apr 2024 on account of Parliament elections