MUTUAL FUNDS
LIC Mutual Fund Asset Management introduces weekly frequency under SIP facility for select schemes
Feb-18-2026

LIC Mutual Fund Asset Management (AMC) has announces Modification to Scheme Information Document (SID) and Key Information Memorandum (KIM) of Select Schemes and Statement of Additional Information (SAI) of LIC Mutual Fund.

LIC Mutual Fund has informed that the AMC has decided to introduce weekly frequency under Systematic Investment Plan (‘SIP’) Facility for all Schemes of LIC Mutual Fund except LIC MF Unit Linked Insurance Scheme, LIC MF BSE Sensex ETF, LIC MF Gold Exchange Traded Fund, LIC MF Nifty 100 ETF, LIC MF Nifty 50 ETF, LIC MF Nifty 8-13 YR G-Sec ETF and LIC MF Nifty Midcap 100 ETF with effect from February 18, 2026. 

The key features of weekly frequency under SIP Facility are: The weekly SIP has cycle days between Monday to Friday, requires a minimum amount of Rs 150 and in multiples of Rs 1 thereafter and mandates a minimum of 40 instalments.

The investors can choose any Business Day from Monday to Friday (In case any of a non- business day, the transaction will be executed on the next business day of the Scheme). In case the SIP debit day is not specified or in case of ambiguity the default Day shall be Friday. 

Minimum Weekly SIP instalment amount for all relevant Schemes, except LIC MF ELSS Tax Saver where minimum amount will be Rs 500 and in multiples of Rs 500 thereafter. 

Necessary/ incidental changes in the above regards shall be carried out in the SID and KIM of the Select Schemes of LIC Mutual Fund.

This Notice cum Addendum forms an integral part of the SID and KIM of the Select Schemes of LIC Mutual Fund as amended from time to time. 

All other terms and conditions of the Select Schemes of LIC Mutual Fund will remain unchanged.


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