LIC MF Announces change in scheme name

Published on Nov 07, 2023 10:21

LIC Mutual Fund has announced change in scheme name under the following scheme, with effect from 10 November 2023:

I. Change in the name of the Scheme:

Existing Name	Revised Name
LIC MF ELSS	LIC MF ELSS Tax Saver

II. Revision in minimum redemption/switch out amount:

The minimum redemption/ switch out amount applicable to the Scheme is proposed to be revised as hereunder from the above mentioned effective date:

Particulars	Existing amount	Revised amount
Minimum Redemption / Switch out Amount	Rs. 500 and in multiples of Rs. 500/- thereafter	Rs. 500 and in multiples of Re. 1/- thereafter

The revised minimum redemption /switch out amount shall be applicable for all /switch out requests received on or after November 10, 2023.