LIC MF Technology Fund - Regular (G)

The objective of the Scheme is to achieve long term capital appreciation by predominantly investing in equity and equity related instruments of technology & technology-related companies. Further, the Scheme shall follow an active investment strategy. India is undergoing a rapid digital transformation, driven by technology adoption across businesses and consumers. Factors such as increasing internet penetration, smartphone usage, cloud migration, automation, and the rise of e-commerce and fintech are reshaping the economic landscape. Technology is no longer a standalone sector; it is becoming the backbone of every industry, enabling efficiency, scalability, and innovation. Over the past decade, technology and digital platforms have evolved from being support functions to becoming core drivers of growth. Businesses are leveraging data, artificial intelligence, and automation to enhance productivity and customer experience. Consumers, on the other hand, are embracing digital services for shopping, payments, entertainment, and communication. This structural shift is creating long-term opportunities for companies that build, enable, or benefit from technology and digitization. This investment strategy aims to capture these opportunities by investing predominantly in equity and equity-related securities of companies which are a part of Technology, Internet and Digital, Data Centers and ancillary and E-commerce/Q-commerce (T.I.D.E.). The Scheme will allocate 80-100% of the portfolio to such businesses, while retaining flexibility to invest up to 20% of the scheme`s assets outside the primary technology theme. Portfolio construction will be market-cap agnostic, combining bottom-up stock selection (based on quality, growth prospects, management strength, and valuations) with top-down thematic views on digital adoption and technology cycles. The emphasis will be on companies with robust business models, strong competitive positions, and high governance standards.