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Exit load change in Seven Schemes of LIC Mutual Fund
Oct 5, 2018
LIC Mutual Fund has decided to change the exit load under LIC MF Large Cap Fund, LIC MF Multicap Fund, LIC MF Large & Mid Cap Fund, LIC MF Banking & Financial Services Fund, LIC MF Infrastructure, LIC MF Debt Hybrid Fund and LIC MF Equity Hybrid Fund with effect from October 22, 2018.
Now, these funds will charge an exit load of 1% on the remaining units beyond 12% of the allotted if redeemed within 12 months.