Widely read:
LIC Mutual Fund has notified that its LIC MF Multi Cap Fund, which was earlier managed only by Yogesh Patil, will be managed by both Yogesh Patil and Dikshit Mittal, with effect from December 01, 2022.
In addition to above changes, the AMC has proposed some changes in exit load structure for its below mentioned funds as well, with effect from December 01, 2022 as follows:
| Scheme(s) | Existing Load | Revised Load |
|
LIC MF Banking & Financial Services Fund, LIC MF Debt Hybrid Fund and LIC MF Infrastructure Fund |
For units in excess of 12% of the investment, 1% will be charged for redemption within 365 days | For units in excess of 12% of the investment, 1% will be charged for redemption within 90 days |
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