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Exit load change in Seven Schemes of LIC Mutual Fund

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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.

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Now, these funds will charge an exit load of 1% on the remaining units beyond 12% of the allotted if redeemed within 12 months.

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