HomeMutual FundLIC MF Balanced Advantage Fund - LIC Mutual Fund files offer document...

LIC MF Balanced Advantage Fund – LIC Mutual Fund files offer document with SEBI

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LIC MF Balanced Advantage Fund – LIC Mutual Fund files offer document with SEBI

LIC Mutual Fund has filed an offer document with SEBI to launch LIC MF Balanced Advantage Fund an Open-Ended Dynamic Asset Allocation Fund.

The New Fund Offer price is Rs.10 per unit. The objective of the scheme is to provide capital appreciation/ income to the investors from a dynamic mix of equity, debt, and money market instruments. The Scheme seeks to reduce the volatility by diversifying the assets across equity, debt and money market instruments

The fund manager for this scheme is Mr. Yogesh Patil and Mr. Rahul Singh

This product is suitable for investors who are seeking Capital appreciation over a long period of time and Investments in a dynamically managed portfolio of equity and equity related instruments (including arbitrage exposure), debt and money market instruments.”

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The scheme asset allocation will be

  • Equities and equity related instrumen (65 -100%)
  • Debt & Money Market Instruments (including Triparty Repo) (0 – 35%)
  • Units issued by REITs & InvITs (Upto 10%)

The riskometer for this scheme is Very High

LIC MF Balanced Advantage Fund Details

DetailsLIC MF Balanced Advantage Fund Details
Name of Mutual FundLIC Mutual Fund
Scheme NameLIC MF Balanced Advantage Fund
About Schemean  Open-Ended Dynamic Asset Allocation Fund
Offer of UnitRs.10
Objective to provide capital appreciation/ income to the investors from a dynamic mix of equity, debt, and money market instruments. The Scheme seeks to reduce the volatility by diversifying the assets across equity, debt and money market instruments
Name  of  Fund ManagerMr. Yogesh Patil and Mr. Rahul Singh
This product is suitable for investors who are seeking Capital appreciation over a long period of time
Investments in a dynamically managed portfolio of equity and equity related  instruments (including arbitrage exposure), debt and money market instruments.
The scheme asset allocation will beEquities and equity related instrumen (65 -100%)
Debt & Money Market Instruments (including Triparty Repo) 0 – 35%)
Units issued by REITs & InvITs  (Upto 10%)
RiskometerVery High
DRHPClick here

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