LIC MF Announces change exit load structure under its schemes

Published on Dec 01, 2022 11:10

LIC Mutual Fund has announced change in exit load structure under the following schemes, with effect from 01 December 2022.

Accordingly, the revised exit load will be:

LICMF Banking & Financial Services Fund, LIC MF Infrastructure Fund and LIC MF Debt Hybrid Fund:

12% of the units allotted shall be redeemed or switched out without any exit load, on or before completion of 90 days from the date of allotment of units.

1% on remaining units if redeemed or switched out on or before completion of 90 days from the date of allotment of units.

Nil, if redeemed or switched out after completion of 90 days from the date of allotment of units.