LICMF UNIT LINKED INSURANCE SCHEME An Open-ended Insurance linked Tax Saving Scheme. LICMF LIQUID PLUS FUND An Open-ended Debt Scheme MUTUALINTEREST

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1 LICMF SAVINGS PLUS FUND HIGHLIGHTS LICMF UNIT LINKED INSURANCE SCHEME An Open-ended Insurance linked Tax Saving Scheme Nature of Scheme: An open ended Scheme. Investment Objective: The investment objective of the scheme is to generate income by investing in a portfolio of quality short-term debt securities. Entry Load & Exit Load:. Options: The scheme offers two options viz. & Growth. Under option, the investor can choose either dividend payout or dividend reinvestment. Payout frequency is Daily (Payout on weekly basis), Weekly & ly. Sale Price: At applicable NAV declared on all business. Minimum Investment: Rs. 5,000/- and thereafter in multiples of Re.1/-. NAV Declaration: NAV calculated upto 4 decimal places and declared on all business. Liquidity: Provides investors with easy liquidity where investors can receive repurchase payment on T+1 basis. Asset Allocation Pattern: Under normal circumstances, it is anticipated that the asset allocation would be as under: Instruments Normal Allocation (% of net assets) Risk Profile EQUITY Rating Market Value BHARTI TELEVENTURE N T P C POWER GRID CORPORATION OF INDIA S B I R I L RELIANCE COMMUNICATION O N G C INDRAPRASTHA GAS L & T B H E L BHARAT ELECTRONICS GMR INFRASTRUCTURE DEEPAK FERTILISERS GRASIM INDUSTRIES RELIANCE POWER LTD MERCATOR LINES NITIN FIRE PROTECTION INDUSTRIES RANBAXY LABORATORIES JAIPRAKASH ASSOCIATES STERLITE INDUSTRIES HOUSING DEVELOPMENT & INFRASTRUCTUR 0.00 TOTAL - EQUITY TOTAL FUND (as on 31/12/2008) : Rs Lakh : Avg. Maturity (in years) : 0.61 Avg. Duration (in years) : 0.55 Expense Ratio (as at 31/12/2008) : 2.32% DEBT Rating Market Value FIRST LEASING PR RELIANCE CAPITAL A IL&FS INVESTSMART F1(SO) ERA CONSTRUCTION F TOTAL - DEBT Commercial Paper 0.00 TOTAL - Commercial Paper Cash 'n' Call, Current Assets & Receivables Last 1 year % Last 3 years 2.73% Since Inception 10.17% Benchmark (C BalanceEx) Return (Last 1 year) % DIVIDEND RECORD Year Rate % % % (18 months)15.00% % % % % Year Rate % % % % % % % % Category Exposure (Rs. Lakh) % Contribution % % Money Mkt % Total % * and Money Market Instruments Upto 100% Low to Medium * includes securitized debt and govt. securities. LICMF LIQUID PLUS FUND An Open-ended Scheme 2 Benchmark: C Fund - LX (CRISIL Liquid Fund Index). Tax free dividend income and capital gain tax benefits. Repatriation Facility: NRIs, FIIs and PIOs may invest in the scheme on repatriation basis subject to rules laid down by RBI/SEBI. Nomination Facility:. Investors are advised to read the full scheme information document before investing. Risk Factors: Mutual Fund and Securities investments are subject to market risks and there is no assurance and no guarantee that the objectives of the Mutual Fund will be achieved. As with any investment in stocks and shares, the NAV of the units issued under the scheme can go up or down depending on the factors and forces affecting the capital markets. Past performance of the Sponsor / AMC / Mutual Fund does not indicate the future performances of the schemes of the Mutual Fund. The sponsor is not responsible for or liable to any loss arising from the operation of the scheme beyond their initial contribution of Rs.2 Crore towards the setting up of the Mutual Fund. Scheme Specific Risk Factors: LICMF Savings Plus Fund is the name of the scheme and does not in any manner indicate either the quality of the scheme, its future prospects or returns. The NAV of the units of the scheme may be affected by changes in general level of interest rates. Please read the scheme information document carefully before investing. Statutory Details: LIC Mutual Fund has been set up as a Trust sponsored by Life Insurance Corporation of India. LIC Mutual Fund Asset Management Company Ltd. is the Investment Manager to the Fund. MUTUALINTEREST Rating Market Value Bonds / Debentures IDFC AAA H D F C AAA I C I C I BANK AAA I D B I AA WELSPUN GUJARAT STAHL ROHREN A MAGMA LEASING AA ANSAL HOUSING & CONSTRUCTION F ALOK INDUSTRIES PR BIRLA TMT HOLDING PVT LTD. P TGS INVESTMENT & TRADE A CENTURY TEXTILES F L & T P ADANI ENTERPRISES PR VISHAL RETAIL LTD PR VIDEOCON INDUSTRIES F KOUTONS RETAIL INDIA PR B. SEENAIAH & CO. (PROJECTS) LTD. A TATA REALTY AND INFRASTRUCTURE LTD PR1+(SO) MAGMA LEASING AA WELSPUN GUJARAT STAHL ROHREN PR BAJAJ HINDUSTAN F ERA CONSTRUCTION A GRABAL ALOK IMPEX PR UTTAM GALVA STEELS F MIDDAY MULTIMEDIA P RELIGARE FINVEST A SHRIRAM TRANSPORT FINANCE AA BHUSHAN STEEL & STRIPS F STERLING BIO-TECH PR RANBAXY HOLDING P COX AND KINGS PR AMALGMATED BEAN COFEE TRADING CO. L PR SREI INFRASTRUCTURE FINANCE AA 6.98 Cetificate of Deposit VYSYA BANK P ORIENTAL BANK OF COMMERCE P EXIM AAA ANDHRA BANK F I D B I BANK P CORPORATION BANK P Commercial Paper INDIABULLS FINANCIAL SERVICES P RELIGARE SECURITIES P RELIANCE CAPITAL A1+(SO) DLF A ADLABS FILMS A TATA CAPITAL LTD A Avg. Maturity (in months) : 6.39 Avg. Duration (in months) : 6.07 Rating Market Value DALMIA CEMENT A RELIGARE FINVEST A ICICI HOME FINANCE COMPANY A SHRIRAM TRANSPORT FINANCE F IL&FS INVESTSMART F RAMSARUP INDUSTRIES PR FUTURE CAPITAL HOLDINGS P ESSAR SHIPPING PORTS & LOGISTICS F HERO HONDA MOTORS A TELEVISION EIGHTEEN A Cash and Call, Current Assests and Receivables Last 1 year 9.89% Since Inception 9.33% Benchmark (C Fund ~ LX) Return - last 1 year 8.39% TOTAL FUND (as on 31/12/2008) : Rs Lakh Daily : Weekly : ly : Growth : Expense Ratio (as on 31/12/2008) : 0.42% DIVIDEND DECLARED Daily Weekly ly June, July, Aug., Sept., Oct., Nov Dec Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec MUTUALINTEREST 15

2 LICMF GROWTH FUND An Open-ended Growth Scheme Mkt. Value % L & T % R I L % I C I C I BANK % RELIANCE INFRASTRUCTURE % G A I L % O N G C % N T P C % POWER FINANCE CORPORATION % CONCOR % H D F C BANK % H D F C % PUNJAB NATIONAL BANK % S B I % B H E L % ELDER PHARMACEUTICALS % INFRASTRUCTURE DEVELOPMENT FINANCE % TATA CHEMICALS % RELIGARE ENTERPRISES % AXIS BANK % LANCO INFRATECH % NEYVELI LIGNITE CORPORATION % JAIPRAKASH HYDRO-POWER LTD % POWER TRADING CORPORATION OF INDIA % JAIPRAKASH ASSOCIATES % ADLABS FILMS % B E M L % PUNJ LLOYD % RELIANCE COMMUNICATION % POWER GRID CORPORATION OF INDIA % S B I H D F C I T C O N G C B H E L S A I L R I L L & T RELIANCE COMMUNICATION I C I C I BANK BHARTI TELEVENTURE RELIANCE INFRASTRUCTURE RELIGARE ENTERPRISES T I S C O G A I L KOTAK MAHINDRA BANK JAIPRAKASH ASSOCIATES LANCO INFRATECH I F C I CENTURY TEXTILES ADANI ENTERPRISES POWER FINANCE CORPORATION PAREKH ALUMINEX YES BANK INFRASTRUCTURE DEVELOPMENT FINANCE TATA MOTORS 9.54 POWER GRID CORPORATION OF INDIA 6.57 APOLLO TYRES 0.05 RENAISSANCE JEWELLERY 0.03 Total LICMF TAX PLAN An Open-ended ELSS Market Value Mkt. Value % T I S C O % PETRONET LNG % CORE PROJECTS & TECHNOLOGIES % YES BANK % VIJAYA BANK % PROVOGUE (INDIA) % RENAISSANCE JEWELLERY % Total % % Total % Commercial Paper / Bank Deposit % Cash 'n' Call, Current Assets & Receivables % TOTAL FUND (as on 31/12/2008) : Rs Lakh : DIVIDEND: ; GROWTH: Last 1 year % Last 3 year -3.48% Since Inception 5.71% Benchmark (Sensex) Return - last 1 year % Expense Ratio (as on 31/12/2008) : 0.03% Mkt. Value % 0.00 Total Commercial Paper / Bank Deposit 0.00 Cash 'n' Call, Current Assets & Receivables TOTAL FUND (as on 31/12/2008) : Rs Lakh Last 1 year % Last 3 years -6.28% Since Inception 4.74% Benchmark (Sensex) Return Last 1 year % Expense Ratio (as on 31/12/2008) : 1.37% Oct % ; : ; Growth: Mar % Mar % Aug % Mar % Oct % May % Oct % Review Money market was easy and the call rates were soft through out the month. The call rates hovered around %. The average amount received for the month under reverse repo auction increased to Rs 30,943.33crore as against 11, crore for the previous month. Earlier this month, RBI has cut its key lending and borrowing rate by 100 bps point. RBI lowered repo rate to 6.5% from 7.5%, while the reverse repo rate was cut to 5%. Faced with industrial growth slipping into a negative territory under the impact of global downturn, government unveiled an Rs 30,700 crore fiscal stimulus package aimed at boosting investment and demand. The package includes rate, has Rs 20,000 crore in additional expenditure, an across-the-board 4% excise duty cut amounting to Rs 8,700 crore and benefits worth Rs 2,000 crore for exporters. Headline inflation, as measured by the wholesale price index, has fallen sharply to 6.68%, at ten month low helped by lower prices of minerals and aviation fuel. In line with the fall in inflation, the yield on 10-year government bonds declined by 252 basis points in 2008 to close at 5.27per cent. This is biggest fall since Yield has come down as the Reserve Bank of India has slashed key lending rates to offset the impact of the global credit crunch and economic slowdown. Rupee closed 2008 the year at per dollar, biggest fall yearly since a balance of payments crisis in the early 1990s. We expect rupee to be range bound in the coming month. Short -term yields are expected to remain soft in the wake of easing liquidity and expectation of policy rate cuts. Review The year 2008 brought economic and emotional turmoil to India as well as the world. The emerging markets like India were the victims of the financial global mayhem that unfolded in the credit markets. The global economy tumbled due to the credit-market losses in US economy triggering the failure of major financial giants and banks on Wall Street. Stung by the sharp erosion in their wealth, foreign investors (FIIs) dumped the emerging market assets, including Indian Equities that saw a erosion of $13.4 billion in 2008 compared to $17 billion buying in The BSE benchmark index BSE-Sensex was the third worst performer among emerging economy indices, after Shenzen and Shanghai indices of China. The index saw the "yo-yo" ride as it Market Review climbed to its all-time intra-day high of 21, on January 10, and also witnessed its three-year low of 7, on October 27. The index fell 52.5 % or 10,640 points during the year. For the year, Hindustan Unilever was the only stock on the Sensex to rise, gaining 17% whereas Jaiprakash Associates fell the most by 81%. The Mid-cap and Small-cap Index lost 66.95% and 72.41% respectively. Amongst the sectoral indices, the realty index fell the most (82.13%) followed by metals (73.95%), consumer durables (72.49%) and capital goods (65.02%). The market was range bound in the month of December moving in the range of 8800 to The recession in US market brought slowdown across the globe. The ghosts of the financial crisis like higher interest rate regime leading to acute liquidity crunch and higher input cost due to rising commodities prices like crude, higher inflation led to pressure on the bottom lines of many companies and they posted poor results for the first and second quarter. This added to the already negative market sentiments. However, the stimulus financial packages across various counties including China and India brought some strength in the market. The fall in global oil prices and commodities price leading to softening of inflation, fall in the interest rates, liquidity in the market should act as positive triggers for the Indian equity market. However the rupee fell to an all-time low, crossing Rs.50 a dollar before clawing back to current Rs.48.4 levels after breaking the Rs.40 mark in April. The strengthening of rupee will help the Indian IT industry and Export. Currently, the markets are moving cautiously as the GDP data for November and the third quarterly results are expected shortly. Fiscal is expected to end with a growth of 7.5 per cent. The liquidity in the market, falling interest cost and commodity prices may lead to lower input cost and increase the margins of the companies may be in the last quarter of the year. It is expected that the falling commodities prices, less spending may lead to deflation. 0utlook The long-term outlook about the Indian economy appears to be very positive. India and China being internally strong countries are favorite destinations for foreign funds. However, in short term the Indian equity markets may witness volatility due to quarterly results of companies, forthcoming elections and lack of investors confidence. 14 MUTUALINTEREST MUTUALINTEREST 3

3 Launch Date Objective Type Plans Options Entry Load Exit Load Minimum Investment Liquidity NAV Declaration Special Facilities Nomination Launch Date Objective Type Plans Options Entry Load Exit Load Minimum Investment Liquidity NAV Declaration Special Facilities Nomination 26th March 99 To generate attractive returns for our investors by investing in quality debt securities and money market instruments. 0.5% if exit within 6 months for investment < 50 lakh; 0.25% if exit within 3 months for investment > 50 lakh and < 5 crores; 0.10% for investment > 5 crores if exit within 1 month. Rs. 5000/- 11th March 02 15th November 99 To generate steady and consistent returns for our investors by timing the government securities market. - Gilt PF / Regular Regular Plan Investment upto 1 crore : 1.25% Investment above 1 crore : PF Plan : Regular Plan PF Plan : 1% if Exit within 365 from the date of allotment Rs /- 29th May 03 To generate income by investing in a portfolio of quality short term debt securities. - Short Term Rs. 5000/- SCHEMES Bond Fund G-Sec Fund Savings Plus Fund Children s Fund To generate reasonable returns with low risk and high liquidity through judicious mix of investment in money market and quality debt instruments - Liquid Rs /- On all STP 1st June / 03 To generate regular income by investing mainly in quality debt and money market instruments with some portion in equity/equity related instruments for long term capital appreciation. ly Div./Quarterly Div. Yearly Div./Growth 0.5% for investments < 25 lakhs for 6 months; 0.25% for investment > 25 lakhs for 3 months. Rs /- for ly Option; Rs.15000/- for Quarterly Option; Rs.10000/- for Yearly Option; Rs.5000/- for Growth Option. 19th June 89 To generate long term capital appreciation and offer Tax rebate u/s 80 C as well as additional benefits of a life & insurance cover free accident insurance cover. Insurance linked tax saving Single Premium-5/10 year term Regular Contribution-10/15 year term Re-investment 2.25% Rs /- under Single Premium Rs. 1000/- under Regular Premiumyearly option, Rs. 500/- under Regular Premium - monthly option SIP / STP 26th September 01 To generate long term capital appreciation through judicious mix of quality debt & equity instrument at moderate risk levels through research based investments. Balanced Growth 1% if exit within 3 years from the date of investment; if exit after 3 years from the date of investment Rs. 5000/- Liquid Fund ly Income Plan Unit Linked Insurance Scheme Floating Rate Fund - STP 15th March 2004 To generate consistent returns by investing mainly in floating rate instruments/fixed rate instruments swapped for floating rate return so as to minimise the interest rate risk for the investor. - Floating Rs. 5,000/- and thereafter in multiples of Rs. 500/-. On all LICMF INDEX FUND An Open-ended Index Linked Scheme NIFTY PLAN - R I L N T P C O N G C BHARTI TELEVENTURE S B I B H E L I T C INFOSYS TECHNOLOGIES HUL I C I C I BANK DLF RELIANCE COMMUNICATION TATA CONSULTANCY SERVICES L & T H D F C BANK H D F C RELIANCE PETROLEUM POWER GRID CORPORATION OF INDIA WIPRO CAIRN INDIA S A I L RELIANCE POWER LTD G A I L SUN PHARMACEUTICALS STERLITE INDUSTRIES TATA POWER PUNJAB NATIONAL BANK IDEA CELLULAR HERO HONDA MOTORS T I S C O M U L CIPLA V S N L RELIANCE INFRASTRUCTURE B P C L NALCO SATYAM COMPUTER SERVICES GRASIM INDUSTRIES G A C L SIEMENS A B B RANBAXY LABORATORIES SUZLON ENERGY HINDALCO A C C H C L TECHNOLOGIES M & M UNITECH TATA MOTORS ZEE TELEFILMS Total Cash 'n' Call, Current Assets & Receivables TOTAL FUND (as on 31/12/2008) : Rs Lakh : : ; Growth : Expense Ratio (as on 31/12/2008) : 1.50% Last 1 year % Last 3 years -2.37% Since Inception 11.15% Benchmark NSE - Nifty Return (Last 1 year) % SENSEX PLAN Mkt. Value Mkt. Value R I L INFOSYS TECHNOLOGIES I C I C I BANK BHARTI TELEVENTURE I T C L & T S B I H D F C BANK H D F C O N G C HUL B H E L N T P C RELIANCE COMMUNICATION TATA CONSULTANCY SERVICES TATA POWER T I S C O SATYAM COMPUTER SERVICES RELIANCE INFRASTRUCTURE GRASIM INDUSTRIES SENSEX PLAN Mkt. Value M U L STERLITE INDUSTRIES DLF RANBAXY LABORATORIES WIPRO HINDALCO JAIPRAKASH ASSOCIATES A C C M & M TATA MOTORS Total Cash 'n' Call, Current Assets & Receivables TOTAL FUND (as on 31/12/2008) : Rs Lakh : : ; Growth: Expense Ratio (as on 31/12/2008) : 1.50% Last 1 years % Last 3 years -2.67% Since Inception 12.47% Benchmark BSE - Sensex Return (Last 1 years) % SENSEX ADVT. PLAN TOTAL FUND (as on 31/12/2008) Mkt. Value Equtiy R I L BHARAT ELECTRONICS G H C L INFOSYS TECHNOLOGIES I C I C I BANK BHARTI TELEVENTURE I T C L & T S B I H D F C 9.62 O N G C 7.74 H D F C BANK 7.64 HUL 7.55 B H E L 6.34 N T P C 6.07 GENUS OVERSEAS ELECTRONICS 5.93 TATA POWER 5.24 RELIANCE COMMUNICATION 4.43 TATA CONSULTANCY SERVICES 3.17 T I S C O 3.00 SATYAM COMPUTER SERVICES 2.92 GRASIM INDUSTRIES 2.51 RELIANCE INFRASTRUCTURE 2.33 WIPRO 2.04 M U L 2.03 DLF 1.95 RANBAXY LABORATORIES 1.78 A C C 1.60 JAIPRAKASH ASSOCIATES 1.56 M & M 1.46 HINDALCO 1.19 STERLITE INDUSTRIES 1.17 TATA MOTORS 0.99 Total Cash 'n' Call, Current Assets & Receivables : Rs Lakh : : ; Growth: Expense Ratio (as on 31/12/2008) : 1.50% Last 1 year % Last 3 years -6.55% Since Inception 11.88% Benchmark BSE - Sensex Return (Last 1 year) % (%) Nifty Sensex Sensex Advt. Nov Jan Aug Nov Jan Feb Nov Feb Mar Mar MUTUALINTEREST MUTUALINTEREST 13

4 LICMF OPPORTUNITIES FUND An Open-ended Growth Scheme Mkt. Value % S B I % L & T % N T P C % I C I C I BANK % B H E L % RELIANCE INFRASTRUCTURE % TATA POWER % R I L % H D F C % POWER FINANCE CORPORATION % BHARTI TELEVENTURE % H D F C BANK % O N G C % INFRASTRUCTURE DEVELOPMENT FINANCE % S A I L % POWER GRID CORPORATION OF INDIA % A C C % SESA GOA % RELIANCE COMMUNICATION % RELIANCE PETROLEUM % BANK OF INDIA % POWER TRADING CORPORATION OF INDIA % CONCOR % PETRONET LNG % LICMF EQUITY FUND An Open-ended Scheme Mkt. Value % PUNJ LLOYD % DLF % JAIPRAKASH ASSOCIATES % ABAN OFFSHORE % T I S C O % SIEMENS % RENAISSANCE JEWELLERY % Total % 0.00 Total % Cash 'n' Call, Current Assets & Receivables % TOTAL FUND (as on 31/12/2008) : Rs Lakh : : ; Growth: Expense Ratio (as on 31/12/2008) : 2.33% Feb % Oct % Nov % Last 1 year % Last 3 year -3.85% Since Inception 2.89% Benchmark (BSE-200) Return Last 1 year % Mkt. Value % (Rs. Lakh) L & T % S B I % N T P C % I C I C I BANK % R I L % RELIANCE INFRASTRUCTURE % B H E L % BANK OF INDIA % JAIPRAKASH ASSOCIATES % PETRONET LNG % H D F C % KOTAK MAHINDRA BANK % RELIANCE PETROLEUM % S A I L % TATA POWER % I F C I % RELIGARE ENTERPRISES % PROVOGUE (INDIA) % UNITY INFRAPROJECTS % I O C L % PAREKH ALUMINEX % MIC ELECTRONICS % AXIS BANK % TATA MOTORS % Mkt. Value % (Rs. Lakh) ALPHAGEO INDIA % ADLABS FILMS % M U L % BHARTI TELEVENTURE % RENAISSANCE JEWELLERY % Total % % Total % n' Call, Current Assets & Receivables % TOTAL FUND (as on 31/12/2008) : Rs Lakh Mar % Mar % Nov % Oct % Nov % Last 1 year % Last 3 years -3.55% Since Inception 5.76% Benchmark (Sensex) Return Last 1 year % Expense Ratio (as on 31/12/2008) : 1.37% : : ; Growth : SNAPSHOT 14th November 02 To provide capital growth by investing in index stocks. - Index Sensex / Nifty / Sensex Advantage Investment above 1 crore: 1.00% Rs. 2000/- 31st January 2005 The investment objective of the scheme is to provide capital growth in long-term with reasonable risk levels by investing mainly in companies which are in sector/s, which have a high growth potential at that point to time. - Diversified Investment above 1 crore: Rs. 5000/- Index Fund Growth Fund Balanced Fund Fund 1st September 99 To provide capital growth by investing in a mix of equity instruments. - Diversified Investment above 1 crore: 1st January 1997 To provide capital growth alongwith tax rebate and tax relief u/s 80 C to our investors through Prudent Investments in the stock market. ELSS 2.25% Rs. 500/- 1st January 91 To provide regular returns & capital appreciation according to the slection of the plan by investing in equities & debt. Balanced Investment above 1 crore: Rs. 1000/- Opportunities Fund Tax Plan Floater MIP 21st September 2004 The investment objective of the scheme is to generate regular income by investing mainly in floating rate instruments / fixed rate instruments swapped for floating rate return so as to minimise the interest rate risk and at the same time aiming at generating capital appreciation in a long term by investing in equity / equity related instruments. Plan A / Plan B ly Div. / Quarterly Div. / Yearly Div. / Growth For application size upto 25 lakh: 0.5% if exit within 6 months from the date of investment. For application size > 25 lakh: 0.25% if exit within 3 months from the date of Investment. Rs for ly Div. / Rs for Quarterly Div. / Rs for yearly Div. / Rs for Growth 16th April 98 To obtain maximum possible maximum possible growth consistent with reasonable levels of safety and security by investing mainly in equities. - Diversified Investment above 1 crore: Rs. 2000/- 28th May 2007 SIP: Systematic Investment Plan; SWP: Systematic Withdrawal Plan; STP: Systematic Transfer Plan; AWOCA: Automatic Withdrawal of Capital Appreciation Note : SWP & AWOCA are available under growth options only. Liquid Plus Fund To provide reasonable possible current income - consistent with preservation of capital & providing liquidity from investing in a diversified portfolio of Short-Term Money Market & securities. Frequency : Daily / Weekly / ly Rs. 2000/- Rs.5,00,000/- STP 12 MUTUALINTEREST MUTUALINTEREST 5

5 Rating Mkt. Value Bonds / Debentures NHB HDFC AAA WELSPUN GUJARAT STAHL ROHREN A I R F C AAA I C I C I BANK AAA I D B I AA P F C AAA H D F C AAA VIDEOCON INDUSTRIES F ALOK INDUSTRIES PR REI AGRO PR JAIPRAKASH ASSOCIATES PR RELIGARE FINVEST A BAJAJ HINDUSTAN F RANBAXY HOLDING P DSP MERRILL LYNCH CAPITAL AA L & T P ARCH PHARMALABS PR PIRAMAL HEALTHCARE A GENUS POWER INFRA F MAGMA LEASING AA TATA REALTY AND INFRASTRUCTURE LTD PR1+(SO) SHRIRAM TRANSPORT FINANCE AA BLUE BIRD (IND) PR VISHAL RETAIL LTD PR WELSPUN GUJARAT STAHL ROHREN PR BIRLA TMT HOLDING PVT LTD. P ESSAR POWER PR EURO CERAMICS PR CENTURY TEXTILES F DEWAN HOUSING FINANCE AA TGS INVESTMENT & TRADE A ORIENT PAPERS & INDUSTRIES A FENNER INDIA LTD P COX AND KINGS PR ELECON ENGINEERING COMPANY PR MAGMA LEASING AA GRABAL ALOK IMPEX PR UTTAM GALVA STEELS F VALECHA ENGINEERING PR SREI INFRASTRUCTURE FINANCE AA AVON ORGANICS PR1(SO) TIL PR FIRST LEASING PR PAREKH ALUMINEX PR FIRST LEASING PR COX AND KINGS PR STERLING BIO-TECH PR B. SEENAIAH & CO. (PROJECTS) LTD. A BALLARPUR INDUSTRIES F ERA CONSTRUCTION A KOUTONS RETAIL INDIA PR PMT MACHINES LTD PR Certificate of Deposits VYSYA BANK P CANARA BANK P ORIENTAL BANK OF COMMERCE P EXIM AAA ANDHRA BANK F I D B I BANK P Commercial Paper INDIABULLS FINANCIAL SERVICES P RELIGARE SECURITIES P ESSAR SHIPPING PORTS & LOGISTICS F ADLABS FILMS A RELIANCE CAPITAL A1+(SO) ICICI HOME FINANCE COMPANY A SHRIRAM TRANSPORT FINANCE F TATA CAPITAL LTD A RELIGARE FINVEST A RAYMOND PR ORIX AUTO INFRASTRUCTURE SERVICES PR IL&FS INVESTSMART F ABG SHIPYARD PR LICMF LIQUID FUND An Open-ended Liquid Scheme Rating Mkt. Value DALMIA CEMENT A FUTURE CAPITAL HOLDINGS P BALLARPUR INDUSTRIES F TELEVISION EIGHTEEN A ESSAR POWER PR FIRST LEASING PR SUNDARAM FINANCE A Bank Deposits CORPORATION BANK AXIS BANK PUNJAB NATIONAL BANK Cash 'n' Call, Current Assets & Receivables TOTAL FUND (as on 31/12/2008) : Rs Lakh : : : Growth : Avg. Maturity (in month) : 5.06 Avg. Duration (in month) : 4.81 Expense Ratio (as on 31/12/2008) : 0.44% Gross Div. (%) Mar May Oct Nov Dec Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Jan Feb Gross Div. (%) Mar Apr May Jun Jul Aug Sep Oct Nov Dec Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Last 1 year 9.44% Last 3 year 8.17% Since Inception ( ) 6.93% Benchmark (C Fund ~LX) Return (Last 1 year) 8.39% Money Market & Other 14.72% Bank Deposits 4.61% P1, AA--, A+or Equivalent 31.18% AAA,AA+,P1+ or Equivalent 49.50% Rating Mkt. Value DEBT I O C L AA T I S C O AA S A I L AAA(SO) H U D C O AA CITI BANK AAA JET AIRWAYS (JUS TRUST PTC) AAA(SO) R I L AAA BOB HOUSING FINANCE(PTC NHB) AAA(SO) DEVELOMENT CREDIT BANK A ANDHRA BANK PTC (NHB) AAA(SO) COMMERCIAL PAPER/ BANK DEPOSIT Cash 'n' Call, Current Assets & Receivables TOTAL FUND (as on 31/12/2008) : Rs Lakh : : ; Growth: Avg. Maturity (in years) : 2.00 Avg. Duration (in years) : 1.80 Expense Ratio (as on 31/12/2008) : 1.34% GSEC 8.24% 2018 AAA GSEC 7.95%2032 AAA GSEC 8.33% 2036 AAA GSEC 7.95% 2032 AAA GSEC 8.24% 2027 AAA Commercial Paper / Bank Deposit Cash 'n' Call, Current Assets & Receivables TOTAL FUND (as on 31/12/2008) : Rs Lakh LICMF BOND FUND An Open-ended Scheme Last 1 year 15.03% Last 3 years 9.31% Since inception ( ) 9.67% Benchmark (C CompBex) Return (Last 1 year) 8.34% PORTFOLIO RATING ANALYSIS LICMF G-SEC FUND An Open-ended Gilt Scheme Securities Rating Mkt. Value (Rs. Lakhs) Reg.: ; Reg.Gr.: ; PF-Div ; PF-Gr. : Avg. Maturity (in years) : 8.09 Avg. Duration (in years) : 7.28 Expense Ratio (as on 31/12/2008) : 1.20% Gross Div. (%) Gross Div. (%) Oct % Dec % Mar % Mar % May % Jul % Nov % Oct % Mar % Jan % Jul % Mar % Nov % Mar % Jul % Jul % Oct % Oct % Jan % Jan % Mar % Jun % Jul % Sep % Oct % Dec % Jan % Mar % Mar % Jun % Jul % Sep % Oct % Money Market 33.53% AAA 8.61% Gross Div. (%) Gross Div. (%) Mar % May % Nov % Mar % Jul % Nov % Mar % Jul % AAA (SO) 13.57% Last 1 year 23.51% Last 3 years 10.88% Since inception ( ) 10.39% Benchmark (I Sec Composite Gilt) Return AA % AA, AA-, A, PR1+(SO) & Others 30.36% Oct % Jan % Apr % Jun % Sep % Dec % Mar % Jun % Sep % Last 1 year 19.02% 6 MUTUALINTEREST MUTUALINTEREST 11

6 LICMF BALANCED FUND An Open-ended Balanced Scheme LICMF FLOATING RATE FUND - STP An Open-ended Income Fund EQUITY Mkt. Value N T P C POWER GRID CORPORATION OF INDIA RELIANCE COMMUNICATION BHARTI TELEVENTURE POWER TRADING CORPORATION OF INDIA ASTRA MICROWAVE PRODUCTS INFRASTRUCTURE DEVELOPMENT FINANCE LANCO INFRATECH JAIPRAKASH HYDRO-POWER LTD PUNJ LLOYD POWER FINANCE CORPORATION PVR UCO BANK WELSPUN GUJARAT STAHL ROHREN CORE PROJECTS & TECHNOLOGIES CENTURY TEXTILES RANBAXY LABORATORIES S A I L MERCATOR LINES APOLLO TYRES Total DEBT Rating Mkt. Value ALOK INDUSTRIES PR IL&FS INVESTSMART F1(SO) BAJAJ HINDUSTAN F RELIANCE CAPITAL A FIRST LEASING PR TOTAL - DEBT Cash 'n' Call, Current Assets & Receivables TOTAL FUND (as on 31/12/2008) : Rs Lakh : : ; Growth: Avg. Maturity (in years) : 0.41 Avg. Duration (in years) : 0.37 Expense Ratio (as on 31/12/2008) : 2.16% Last 1 year % Last 3 years 2.63% Since Inception 5.56% Benchmark (C BalanceEx) Return (Last 1 year) % Nov % Mar % Aug % Nov % Feb % Apr % Sep % Jan % Oct %, 47.89% Money Mkt., 4.25%, 47.86% Rating Market Value Bonds / Debentures WELSPUN GUJARAT STAHL ROHREN A L & T P MAHINDRA & MAHINDRA FINANCIAL SERVI P ASIAN ELECTRONICS PR ANSAL HOUSING & CONSTRUCTION F UTTAM GALVA STEELS F FIRST LEASING PR Commercial Paper ADLABS FILMS A INDIABULLS FINANCIAL SERVICES P ICICI HOME FINANCE COMPANY A SHRIRAM TRANSPORT FINANCE F TELEVISION EIGHTEEN F IDFC A DLF A Certificate of Deposit CORPORATION BANK P Cash 'n' Call, Current Assets & Receivables TOTAL FUND (as on 31/12/2008) : Rs Lakhs : : ; Growth: Avg. Maturity (in month) : 4.18 Avg. Duration (in month) : 3.97 Expense Ratio (as on 31/12/2008) : 0.50% Jan Feb May Jun Jul Aug Sep Oct Nov Dec Jan Feb GROSS DIVIDEND DECLARED (Rs. Per Unit) Last 1 year 10.17% Last 3 year 8.65% Since Inception 7.32% Benchmark (C Fund ~LX) Return 8.39% Money Market & Others 27.49% P1,AA --,A+ or Equivalent % Mar Apr May Jun Jul Aug Sep Oct Nov Dec Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec AAA,AA+,P1+ or Equivalent 49.18% LICMF CHILDREN S FUND An Open-ended Balanced Scheme for Children LICMF SAVINGS PLUS FUND (An open-ended income scheme) Rating Mkt. Value Avg. Maturity (in month) : 0.00 Avg. Duration (in month) : 0.00 S B I R I L ADLABS FILMS PROVOGUE (INDIA) RELIANCE CAPITAL RELIANCE INFRASTRUCTURE I F C I ADANI ENTERPRISES JAIPRAKASH ASSOCIATES KNR CONSTRUCTIONS GTC INDUSTRIES RELIANCE COMMUNICATION 9.09 ORBIT CORPORATION 5.61 RENAISSANCE JEWELLERY 0.01 Total Total 0.00 Commercial Paper/ Bank Deposits Cash 'n' Call, Current Assets & Receivables TOTAL FUND (as on 31/12/2008) : Rs Lakh : Expense Ratio (as on 31/12/2008) : 2.22% Last 1 year % Last 3 years % Since inception (12/11/2001) -4.61% Benchmark (C BalanceEx) Return Last 1 year % Money Mkt % 62.11% 10 MUTUALINTEREST MUTUALINTEREST 7 Instruments Rating Mkt. Value ADANI ENTERPRISES PR ANSAL HOUSING & CONSTRUCTION F O C L A BAJAJ HINDUSTAN F BALLARPUR INDUSTRIES F Cash 'n' Call, Current Assets & Receivables TOTAL FUND (as on 31/12/2008) : Rs Lakh : : ; Growth: Avg. Maturity (in month) : 0.82 Avg. Duration (in month) : 0.74 Expense Ratio (as on 31/12/2008) : 0.50% DIVIDEND DECLARED ( Option) Gross Div. (%) Jul Aug Sep Oct Nov Dec Jan Feb Apr May Jun Jul Aug Sep Oct Nov Dec Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Jan Feb Mar Gross Div. (%) Apr May Jun Jul Aug Sep Oct Nov Dec Jan Feb Mar Apr-07 May-07 Jun Jul Aug Sep Oct Nov Dec Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Last 1 year 8.51% Last 3 years 6.57% Since Inception 5.63% Benchmark (C St Index) Return 9.23%

7 LICMF MONTHLY INCOME PLAN EQUITY Rating Market Value N T P C BHARTI TELEVENTURE R I L S B I INDRAPRASTHA GAS B H E L POWER GRID CORPORATION OF INDIA PETRONET LNG GMR INFRASTRUCTURE RELIANCE POWER LTD L & T ASTRA MICROWAVE PRODUCTS PUNJ LLOYD JAIPRAKASH HYDRO-POWER LTD H D F C MIC ELECTRONICS RANBAXY LABORATORIES JAIPRAKASH ASSOCIATES LANCO INFRATECH CENTURY TEXTILES RELIANCE COMMUNICATION INDIAN OVERSEAS BANK EVERONN SYSTEMS INDIA 9.37 TOTAL - EQUITY TOTAL FUND (as on 31/12/2008) Last 1 year -7.12% Last 3 years 7.32% Since Inception 9.60% Benchmark (C MiPex) Return (Last 1 year) -3.07% An Open-ended ly Income Scheme w.e.f. 01/06/2003 : Rs Lakh ly Income : ; Yearly Income : ; Quarterly : Growth : Avg. Maturity (in years) : 0.51 Avg. Duration (in years) : 0.46 Expense Ratio (as on 31/12/2008) : 1.65% DEBT Rating Market Value IL&FS INVESTSMART F1(SO) ERA CONSTRUCTION F RELIANCE CAPITAL A BAJAJ HINDUSTAN F FIRST LEASING PR ALOK INDUSTRIES PR TOTAL - DEBT Commercial Paper / Bank Deposits 0.00 Cash 'n' Call, Current Assets & Receivables Frequency GrossDiv. (Rs/Unit) Jun-03 ly Jul-03 ly Aug-03 ly Sep-03 ly Oct-03 ly Nov-03 ly Dec-03 ly Jan-04 ly Feb-04 ly Mar-04 ly Mar-04 Yearly Apr-04 ly May-04 ly Jun-04 ly Jul-04 ly Aug-04 ly Sep-04 ly Sep-04 Quarterly Oct-04 ly Nov-04 ly Dec-04 ly Dec-04 Quarterly Jan-05 ly Feb-05 ly Mar-05 ly Mar-05 Quarterly Mar-05 Yearly Apr-05 ly May-05 ly DIVIDEND DECLARED Frequency GrossDiv. (Rs/Unit) Jun-05 ly Jun-05 Quarterly Jul-05 ly Aug-05 ly Sep-05 ly Sep-05 Quarterly Oct-05 ly Nov-05 ly Dec-05 ly Dec-05 Quarterly Jan-06 ly Feb-06 ly Mar-06 ly Mar-06 Quarterly Mar-06 Yearly Apr-06 ly May-06 ly Jun-06 ly Jun-06 Quarterly Jul-06 ly Aug-06 ly Sep-06 ly Sep-06 Quarterly Oct-06 ly Nov-06 ly Dec-06 ly Dec-06 Quarterly Jan-07 ly Feb-07 ly Mar-07 ly Mar-07 Quarterly Frequency GrossDiv. (Rs/Unit) LICMF SYSTEMATIC ASSET ALLOCATION FUND A 36 months Close ended Hybird Fund with a automatic conversion into an Open ended scheme on expiry of 36 months from the date of allotment (08/10/2007). Mkt. Value Contribution R I L RELIANCE INFRASTRUCTURE L & T BHARTI TELEVENTURE S A I L RELIANCE COMMUNICATION ADLABS FILMS S B I I C I C I BANK TATA CONSULTANCY SERVICES JAIPRAKASH ASSOCIATES RELIANCE POWER LTD PROVOGUE (INDIA) G A I L N T P C RENAISSANCE JEWELLERY 0.17 TOTAL - EQUITY Category Exposure (Rs. Lakh) % Contribution % % Money Mkt % Total % Mkt. Value Contribution I C I C I BANK AAA I O C L AA I D B I AA CITICORP FINANCE AAA(SO) H D F C AAA DEVELOMENT CREDIT BANK A TOTAL - DEBT Commercial Paper / Bank Deposits 0.00 Cash 'n' Call, Current Assets & Receivables TOTAL FUND (as on 31/12/2008) : Rs Lakh : : ; Growth: Expense Ratio (as on 31/12/2008) : 1.55% Last 1 year % Since Inception % Benchmark (BSE-200) Return Last 1 year -3.07% Mar-07 Yearly Apr-07 ly May-07 ly Jun-07 ly Jun-07 Quarterly Jul-07 ly Aug-07 ly Sep-07 ly Sep-07 Quarterly Oct-07 ly Nov-07 ly Dec-07 ly Dec-07 Quarterly Jan-08 ly Feb-08 ly Mar-08 ly Mar-08 Quarterly Mar-08 Yearly Apr-08 ly May-08 ly Jun-08 ly Jun-08 ly Jul-08 ly Aug-08 ly Sep-08 ly Sep-08 Quarterly Oct-08 ly Nov-08 ly Dec-08 ly PLAN - A Rating Mkt. Value N T P C POWER GRID CORPORATION OF INDIA PETRONET LNG GMR INFRASTRUCTURE PUNJ LLOYD POWER TRADING CORPORATION OF INDIA JAIPRAKASH HYDRO-POWER LTD WELSPUN GUJARAT STAHL ROHREN RELIANCE POWER LTD INFRASTRUCTURE DEVELOPMENT FINANCE VOLTAS RANBAXY LABORATORIES LANCO INFRATECH ASTRA MICROWAVE PRODUCTS INDIAN OVERSEAS BANK 7.18 RELIANCE PETROLEUM 6.11 Bonds / Debenture BAJAJ HINDUSTAN F RELIANCE CAPITAL A FIRST LEASING PR IL&FS INVESTSMART F1(SO) ALOK INDUSTRIES PR ERA CONSTRUCTION F Commercial paper 0.00 Bank Deposits 0.00 Cash 'n' Call, Current Assets & Receivables TOTAL FUND (as on 31/12/2008) : Rs Lakh Income : ; Yearly Income : ; ; Growth : Quarterly : Avg. Maturity (in month) : 4.66 Avg. Duration (in month) : 4.19 Expense Ratio (as on 31/12/2008) : 1.46% Last 1 year -3.74% Last 3 years 8.88% Since Inception 9.38% Benchmark (C MiPex) Return - last 1 year -3.07% LICMF FLOATER MIP An Open-ended income Scheme PLAN - B Rating Mkt. Value Bonds/Debentures FIRST LEASING PR IL&FS INVESTSMART F1(SO) ALOK INDUSTRIES Pr Bank Deposits Cash 'n' Call, Current Assets & Receivables TOTAL FUND (as on 31/12/2008) : Rs Lakhs Income : ; Yearly Income : ; ; Quarterly : Growth : Avg. Maturity (in month) : 1.92 Avg. Duration (in month) : 1.73 Expense Ratio (as on 31/12/2008) : 1.34% Last 1 year -6.20% Last 3 years 4.32% Since Inception 4.97% Benchmark (C MiPex) Return - last 1 year -3.07% Gross Div. (Rs/Unit) Frequency Plan A Plan B Dec-04 ly Dec-04 Quarterly Jan-05 ly Feb-05 ly Mar-05 ly Mar-05 Quarterly Mar-05 Yearly May-05 ly Jun-05 ly Jun-05 Quarterly Jul-05 ly Aug-05 ly Sep-05 ly Sep-05 Quarterly Oct-05 ly Nov-05 ly Dec-05 ly Dec-05 Quarterly Jan-06 ly Feb-06 ly Mar-06 ly Mar-06 Quarterly Mar-06 Yearly Apr-06 ly May-06 ly Jun-06 ly Jun-06 Quarterly Jul-06 ly Aug-06 ly Sep-06 ly Sep-06 Quarterly Oct-06 ly Nov-06 ly Dec-06 ly Dec-06 Quarterly Jan-07 ly Feb-07 ly Mar-07 ly Mar-07 Quarterly Mar-07 Yearly Apr-07 ly May-07 ly Jun-07 ly Jun-07 Quarterly Jul-07 ly Aug-07 ly Sep-07 ly Sep-07 Quarterly Oct-07 ly Nov-07 ly Dec-07 ly Dec-07 Quarterly Jan-08 ly Feb-08 ly Mar-08 ly Mar-08 Quarterly Mar-08 Yearly Apr-08 ly May-08 ly Jun-08 Quarterly Jul-08 ly Aug-08 ly Sep-08 ly Sep-08 Quarterly Oct-08 ly Nov-08 ly Dec-08 ly Category Exposure % Exposure % Plan A Plan B % % % % Money Mkt % % Total % % 8 MUTUALINTEREST MUTUALINTEREST 9

8 AREA OFFICES PLACE ADDRESS LANDLINE MOBILE AHMEDABAD Jeevan Sadan, 3rd Floor, LIC Building, Opp. Capital Commercial Center, / / Ashram Road, AHMEDABAD BANGALORE No.4, Canara Mutual Building (Opp. Cash Pharmacy), 2nd Floor, / / / Residency Road, BANGALORE BHUBANESHWAR OCHC Building, Ground Floor, 24-Janpath, Unit-3, BHUBANESHWAR / / CHENNAI 15, Anna Salai, Next to V.G.P. Bldg., CHENNAI / / / ERNAKULAM 11th Floor, Jeevan Prakash, M.G. Road, Ernakulam, Kochi / / GOA T 9/10, 3rd floor, Alfran Plaza, Opp. Don Bosco High School, M. G. Road, / Panaji, Goa GUWAHATI LICMF AMC Ltd., C/o LIC of India, Jeevan Deep Building, Panbazar, Guwahati / HYDERABAD LIC Mutual Fund, House No , 4th Floor, Jeevan Jyoti Building, / / / Basheerbagh, HYDERABAD INDORE U.V. Business Centre, 1st Floor, Snehil 9/1-A South Tukoganj, INDORE / / JAIPUR A, 3rd floor, Ganpati Plaza, M. I. Road, JAIPUR / / KANPUR Jeevan Vikas, 16/98, M.G. Road, KANPUR / / / / KOLKATA Ground Floor, Hindustan Building Annexe, 4, Chittaranjan Avenue, / / / KOLKATA / / LUDHIANA LICMF AMC LTD., Room No. 103, 1st Fl., S.C.O. 19, Opp. Stock Exchange / / Feroz Gandhi Market, Ludhiana MANGALORE LICMF AMC Ltd., No. 6, Gr. Floor, Popular Building, K S Rao Road, Managalore / MUMBAI - I LIC Mutual Fund, 4th Floor, Industrial Assurance Bldg., / / / Opp. Churchgate Station, MUMBAI / / / MUMBAI - II LIC Mutual Fund, 4th Floor, Industrial Assurance Bldg., / / Opp. Churchgate Station, MUMBAI / NAGPUR LIC Mutual Fund, Iind Floor, Indian Mutual Bldg., Mount Road, Sadar, Nagpur NASHIK Shop No.2, Ground Floor, Rajvee Enclave, New Pandit Colony, NASHIK / NEW DELHI 7th Floor, Jeevan Prakash, 25 K.G. Marg, NEW DELHI / / / / / / PATNA Ground floor, Jeevan Jyothi Bldg. Exhibition Road, PATNA / / RAIPUR SF-22-23, Millennium Plaza, Near Indian Coffee House, / / / G.E. Road, RAIPUR C.G RANCHI Narsaria Tower, 2nd Floor, Opp. Lalpur Police Station, Post Lalpur, RANCHI / Investment Managers : LIC Mutual Fund Asset Management Company Ltd. January, 2009 FOR PRIVATE CIRCULATION MUTUAL INTEREST Your surplus funds can grow even in a short time. Name of Place ALWAR : AGRA : ALAPUZHA : AMRITSAR : AJMER : AMRAVATI : ANANTPUR : AURANGABAD : BERHAMPORE : BELGAUM : BELLARY : BILASPUR : BHILAI : BHOPAL : BHAGALPUR : BOKARO : CHANDIGARH : COIMBATORE : DHANBAD : DEHRADUN : FARIDABAD : GORAKHPUR : Investment Manager: BUSINESS CENTRE Mobile No. Name of Place Mobile No. Name of Place Mobile No. GULBARGA : GAYA : GWALIOR : HUBLI : HAZARIBAG : / JABALPUR : JAMMU : JAMSHEDPUR : JODHPUR : KANNUR : KARIMNAGAR : KOTTAYAM : KOZHICODE : KOTA : KOLHAPUR : MADURAI : MALDA : / MEERUT : MYSORE : MUZAFFARPUR : NELLORE : PONDICHERRY : PANIPAT : PUNE : RAJKOT : SAMBALPUR : SALEM : SHIMOGA : SURAT : SILIGURI : THANE : THIRUVANANTHAPURAM : THRISSUR : TRICHY : UDAIPUR : VADODARA : VISHAKHAPATNAM : VIJAYWADA : th Floor, Industrial Assurance Bldg., Opp. Churchgate Station, Mumbai Tel. : /63 visit us at Statutory Details: LIC Mutual Fund has been set up as a Trust sponsored by Life Insurance Corporation of India. LIC Mutual Fund Asset Management Co. Ltd. is the Investment Manager to the Fund. RISK FACTORS: Mutual Funds and Securities investments are subject to market risks and there is no assurance and no guarantee that the objectives of the Mutual Fund will be achieved. As with any investment in stocks and shares, the NAV of the units issued under the scheme can go up or down depending on the factors and forces affecting the capital markets. The Sponsor is not responsible for or liable to any loss resulting from the operations of the scheme beyond their initial contribution of Rs. 2 Crore towards the setting up of the Mutual Fund. Past performance of the Sponsor/AMC/Mutual Fund does not indicate the future performance of the schemes of the Mutual Fund. The NAV of units of the scheme may be affected by changes in general level of interest rates. Please read the offer document carefully before investing. Designed by: Mercantile Advertising LICMF Plus Savings F u n d No Entry/Exit Load * Regular Income (Daily/Weekly/ly) *Subject to availability of distributable surplus Statutory Details: LIC Mutual Fund has been set up as a Trust sponsored by Life Insurance Corporation of India. LIC Mutual Fund Asset Management Co. Ltd. is the Investment Manager to the Fund. RISK FACTORS: Mutual Funds and Securities investments are subject to market risks and there is no assurance and no guarantee that the objectives of the Mutual Fund will be achieved. As with any investment in stocks and shares, the NAV of the units issued under the scheme can go up or down depending on the factors and forces affecting the capital markets. The Sponsor is not responsible for or liable to any loss resulting from the operations of the scheme beyond their initial contribution of Rs. 2 Crore towards the setting up of the Mutual Fund. Past performance of the Sponsor/AMC/Mutual Fund does not indicate the future performance of the schemes of the Mutual Fund.The NAV of units of the scheme may be affected by changes in general level of interest rates. Please read the offer document carefully before investing. MUTUAL FUND INVESTMENTS ARE SUBJECT TO MARKET RISKS, READ THE OFFER DOCUMENT CAREFULLY BEFORE INVESTING.