This is to inform that LIC Mutual Fund has announced some changes in exit load structure of its below mentioned funds, with effect from September 18, 2023:
| Scheme(s) | Existing | Revised |
|---|---|---|
| LIC MF Small Cap Fund | 1% for redemption Within 365 days | For units in excess of 12% of the investment, 1% will be charged for redemption Within 12 months |
| LIC MF Dividend Yield Fund | For units in excess of 10% 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 12 months |
| LIC MF Focused 30 Equity Fund | 1% for redemption Within 365 days | For units in excess of 12% of the investment, 1% will be charged for redemption Within 12 months |
| LIC MF Midcap Fund | 1% for redemption Within 365 days | For units in excess of 12% of the investment, 1% will be charged for redemption Within 12 months |
| LIC MF Long Term Value Fund | For units in excess of 10% 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 12 months |
| LIC MF Healthcare Fund | 1% for redemption Within 365 days | For units in excess of 12% of the investment, 1% will be charged for redemption Within 90 days |
| LIC MF Equity Savings Fund | 1% for redemption Within 365 days | For units in excess of 12% of the investment, 1% will be charged for redemption Within 3 months |
| LIC MF Gold ETF FoF | 1% for redemption Within 365 days | 1% for redemption Within 15 days |
