MUTUAL FUNDS
LIC Mutual Fund files offer document for Technology Fund
Jan-30-2026
LIC Mutual Fund has filed offer document with SEBI to launch an open-ended equity scheme named ‘LIC MF Technology Fund'. The New Fund Offer price for units would be Rs 10 during the NFO. Entry load will be nil. 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 / switched-out after 90 days from the date of allotment- No exit load will be levied. The Scheme offers growth and IDCW option for investment seeks to collect a Minimum Target Amount of Rs 10 crore.

The performance will be benchmarked against BSE TECk(TRI). The minimum application amount is Rs 1000 and in multiples of Re 1 thereafter.

The investment objective of the scheme is to achieve long term capital appreciation by predominantly investing in equity and equity related instruments of technology & technology-related companies.

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