MUTUAL FUNDS
LIC Mutual Fund Asset Management informs about revised timelines for active cancellation of SIP
Dec-02-2024

LIC Mutual Fund has informed that in accordance with SEBI Letter No. SEBI/HO/OW/IMD/IMDSEC1/P/2024/33679/1 dated 25th October 2024, pertaining to ‘Uniformity in Cancellation of SIPs across Mutual Funds’, the terms and conditions for Systematic Investment Plan (SIP) cancellation requests submitted by investor shall stand revised from ‘T+10 calendar days’ to ‘T+2 working days’ with effect from December 01, 2024.

This Notice cum Addendum shall form an integral part of Scheme Information Document (SID), Key Information Memorandum (KIM) of all the Schemes offering SIP Facility and Statement of Additional Information (SAI) of LIC Mutual Fund as amended from time to time. All other terms and conditions of the aforesaid Schemes and SAI of LIC Mutual Fund will remain unchanged.


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