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.
Investment Strategy
- 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.
- The scheme will follow an active investment strategy. The scheme will follow a top-down and bottom-up approach to stock-picking and choose companies that are engaged in manufacturing and allied activities.
Following Companies would be a part of Manufacturing Theme
Companies that are engaged in manufacturing activities.
Companies that are well placed to substitute India's imports by manufacturing locally.
Companies that may benefit from government's Make in India initiatives and production linked incentive (PLI) scheme.
Companies that export goods manufactured in India.
Companies that enable manufacturing of new age technology solutions in India and abroad.
The scheme will also review these investments from time to time and the Fund Manager may churn the portfolio to the extent considered beneficial to the investors.
Why invest in LIC MF Manufacturing Fund?
Broad Sector Coverage
Diversified investments across various manufacturing sectors.
Balanced Selection Approach
Combines top-down and bottom-up methods for picking sectors and stocks
Growth and Value Blend
Integrates both growth and value investment strategies
Asset Allocation
| Instruments | Indicative allocations (% of total assets) | |
|---|---|---|
| Minimum | Maximum | |
| Equity and equity related instruments of companies following manufacturing theme | 80 | 100 |
| Equity and equity related instruments of other than above companies | 0 | 20 |
| Debt and Money market instruments | 0 | 20 |
| Units issued by REITs and InvITs | 0 | 10 |
Load Structure
Exit Load -
- If units of the Scheme are redeemed / switched-out within 90 days from the date of allotment:
- Upto 12% of the units: No exit load will be levied Above 12% of the units: exit load of 1% will be levied
- If units of the Scheme are redeemed / switchedout after 90 days from the date of allotment: No exit load will be levied.
- Load shall be applicable for switches between eligible Schemes of LIC Mutual Fund as per the respective prevailing load structure, however, no load shall be charged for switches between options within the Schemes of LIC Mutual Fund.
Minimum Amount for Application during the New Fund Offer period
Lumpsum Application Amount/Switch in Rs.5,000/- and in multiples of Rs.1 thereafter.
SIP* Amount -
- Daily - Rs. 300/- and in multiples of Rs.1/- thereafter.
- Monthly - Rs. 1,000/- and in multiples of Rs.1/- thereafter
- Quarterly - Rs. 3,000/- and in multiples of Rs.1/- thereafter
*SIP Start date shall be after re-opening date of the scheme
First Tier Benchmark Index
Nifty India Manufacturing Index (TRI)
Plans and Options
1. Regular Plan
2. Direct Plan
The Regular and Direct plan will be having a common portfolio.
1. Growth Option
2. Income Distribution cum
Capital Withdrawal (IDCW) Option*
- Reinvestment of Income Distribution cum Capital Withdrawal Option.
- Payout of Income Distribution cum Capital Withdrawal Option
Default Option - Growth Option (In case Growth Option or IDCW Option is not indicated)
Default Sub Option - Reinvestment of IDCW Option (In case Payout or Reinvestment of IDCW Option is not indicated).
*Amounts under IDCW option can be distributed out of investors capital (equalization reserve), which is part of sale price that represents realized gains. For detailed disclosure on default plans and options, kindly refer Statement of Additional Information (SAI).
Fund Manager
Mr. Yogesh Patil
Mr. Mahesh Bendre
Riskometer
This product is suitable for investors who are seeking*:
- Capital appreciation over long term
- Investment predominantly in equity and equity related instruments of companies following manufacturing theme
- Risk - Very High
Scheme Riskometer #
Investors understand that their principal will be at Very High risk
As per AMFI Tier 1 Benchmark Riskometer i.e. Nifty India Manufacturing Index (TRI) #
*Investors should consult their financial advisers if in doubt about whether the product is
suitable
for them.
#The above product labelling assigned during the New Fund Offer (NFO) is based on internal
assessment of the scheme
characteristics or model portfolio and the same may vary post NFO when the actual investments
are
made. The Benchmark
Riskometer is based on the evaluation of constituents of the Benchmark as on 31st August 2024.
Special Products
Special Facilities
Systematic Investment Plan (including SIP Pause*, SIP Step up Facility, Micro SIP)
Systematic Transfer Plan (Fixed Systematic Transfer Plan and Capital Appreciation STP facility)*
Systematic Withdrawal Plan*
Automatic withdrawal of Capital Appreciation*
*Available only during Ongoing Offer Period.
The investors will have an option to cancel the SIP, STP/SWP during the ongoing offer period, for details in this regard, please refer SAI.
Note: The SIP start date in case of NFO registration shall be after the scheme reopening date.
Facility to transfer Dividend (IDCW)
Auto Switch Facility*
Acceptance of Transactions through Online platforms viz.,
- AMC Website – www.licmf.com
- MF Central
- MF Utilities
- Stock Exchanges (NSE/ BSE)
- Registrar and Transfer Agent platforms
*Available only during New Fund Offer Period. For further details of above special products / facilities, kindly refer SAI.
