1. What is a SIP? 2. What is the benefit of SIP?

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1 1. What is a SIP? Answer. SIP stands for Systematic Investment Plan; it is one of the modes of investment in Mutual Fund Schemes. SIP is an investment of specific amount into schemes for a specific period of time at regular frequency. It is similar to recurring deposit in the Bank or other financial institutions. It allows the investor to buy the units at regular interval without worrying about the market volatility. 2. What is the benefit of SIP? Answer. SIP inculcates disciplined investment and allows taking part in the stock market without trying to time the market. SIP gives the benefit of cost of averaging and power of compounding. 3. What is the different frequency of SIP investment in Mutual Fund schemes? Answer. An investor may start SIP on Daily, Monthly, Quarterly and Annually in all eligible Equity & Hybrid schemes of LIC MF. 4. What is Daily SIP? Answer. Like any other frequency of SIP, LIC MF also provides Daily SIP in the schemes listed below. In this, the investor will have an option to invest in a particular scheme on all market trading days / business days as per the amount given in the SIP registration mandate form. Name of the schemes* LIC MF Equity Fund LIC MF Growth Fund LIC MF Midcap Fund LIC MF Infrastructure Fund LIC MF Index Fund- Sensex Plan LIC MF Index Fund- Nifty Plan Daily SIP Minimum Amount Rs. 300 and in multiples of Rs.1-thereafter. LIC MF Tax Plan Rs. 500 and in multiples of Rs.1-thereafter. LIC MF Balanced Fund LIC MF Monthly Income Plan Rs. 300 and in multiples of Rs.1-thereafter.

2 Scheme Name LIC MF Growth Fund LIC MF Equity Fund Scheme descriptions An Open ended pure Growth scheme seeking to provide capital growth by investing mainly in equity instruments and also in debt and other permitted instruments of capital and money markets. The investment portfolio of the scheme will be constantly monitored and reviewed to optimize capital growth. However there is no assurance that the investment objective of the Scheme will be realized. The main investment objective of the scheme is to provide capital growth by investing mainly in equities. The investment portfolio of the scheme will be constantly monitored and reviewed to optimize capital growth. However, there is no assurance that the investment objective of the Scheme will be realized. LIC MF Midcap Fund To generate long term capital appreciation by investing substantially in a portion of equity and equity linked instruments of mid-cap companies. However, there can be no assurance that the investment objective of the scheme will be realized. LIC MF Infrastructure Fund LIC MF Index Fund - Sensex Plan LIC MF Index Fund - Nifty Plan The investment objective of the scheme is to provide long term growth from a portfolio of equity/equity related instruments of companies engaged either directly or indirectly in the infrastructure sector. However, there is no assurance that the investment objective of the Scheme will be realized. The main investment objective of the fund is to generate returns commensurate with the performance of the index either Nifty/Sensex based on the plans by investing in the respective index stocks subject to tracking errors. However, there is no assurance that the investment objective of the Scheme will be realized. The main investment objective of the fund is to generate returns commensurate with the performance of the index either Nifty/Sensex based on the plans by investing in the respective index stocks subject to tracking errors. However, there is no assurance that the investment objective of the Scheme will be realized.

3 LIC MF Tax Plan LIC MF Balanced Fund LIC MF MIP The investment objective of the scheme is to provide capital growth along with tax rebate and tax relief to our investors through prudent investments in the stock markets. However, there is no assurance that the investment objective of the Scheme will be realized. An open ended balanced scheme which seeks to provide regular returns and capital appreciation according to the selection of plan by investing in equities and debt. However, there is no assurance that the investment objective of the scheme will be realized. The investment objective of the Scheme is to generate regular income by investing mainly in a portfolio of quality debt securities and money market instruments. It is also seeks to generate capital appreciation by investing some percentage in a mix of equity instruments. However, there is no assurance that the investment of the Scheme will be realized. 5. How long it takes to register Daily SIP? Answer. For existing Investor whose SIP is already running through NACH, Daily SIP will be registered after 10 days from the date of submission of SIP application form or SIP registration. For First-time investor it will take 30 days to register the SIP mandate in the Folio. 6. What is the minimum investment amount in Daily SIP? Answer. The minimum investment amount for daily SIP in all schemes listed above is. 300/- and in multiples of. 1/- thereafter per day except LIC MF Tax Plan. The minimum investment amount in LIC MF Tax Plans. 500/- and in multiples of. 500/- thereafter. 7. What is the minimum period of Daily SIP? Answer. The minimum Daily SIP period is 1 month from the date of investment. In case the end date is not specified, the Mutual Fund will continue SIP till it receives termination notice from the investor or till the time instructions is mentioned in the SIP Registration Form, whichever is earlier. In case the chosen date falls on a Non-Business Day, then the SIP will be processed on the immediate next Business Day. 8. What is the process to get Daily SIP registered? Answer. The process is same as of other SIP registrations. Investors will have to fill the SIP registration form along with NACH form and canceled cheque of the bank account from where the SIP amount to be debited and submit it at LIC Mutual Fund office or to any Official Point of Acceptance of LIC Mutual fund or to the registrar Karvy. 9. Can Daily SIP be registered online also? Answer. For investing online, investor needs to register him/herself on and choose Daily frequency under SIP option.

4 10. What are the documents required for Daily SIP? Answer. In case of physical application; scheme application form along with SIP registration & NACH form will have to be submitted. First time investors will need to submit PAN card and Aadhaar Card along with CKYC form while registering Daily SIP. 11. What is Exit Load? Answer. Exit load fee or an amount charged from an investor for exiting or leaving a mutual fund scheme as an investor. Please read the SID & SAI of the scheme for the exit load charged on each scheme. 12. What is the Redemption process? Answer. Redemption can be done by submitting filled transaction slip to the POA. It can also be done online by visiting The redemption proceeds gets directly credited in investor s bank account within 10 working das 13. Can the investments be switched from invested schemes to other schemes? Answer. Switch is nothing but exiting from one scheme and investing in other scheme of the same fund house. Switch facility is available in schemes; it can be done in accumulated units through SIP from one scheme to another. 14. Applicable exit load will be charged to the investor at the time of switching the units. Answer. In case of Switch /redemption, applicable exit load will be charged at the prevailing rates at the time of investment in source scheme.. For exit load kindly refer the SID/Addendum of respective scheme. 15. How to add a Nominee? Answer. Nomination shall be mandatory for new folios opened by an individual especially with sole holding and no new folios for individuals in single holding would be opened without nomination. However, investors who do not wish to nominate must sign separately confirming their non-intention to nominate. In case the nominee name is not added at the time of investment it can be added later by filling the nomination form and submitting to the POA. 16. What is Transmission of units and what is the process of transmission? Answer. Transmission of Mutual fund unit is nothing but transfer of unit/s from investor/unit holder to the nominee in case of sad demise of the unit holder. Applicants claiming units in his/her name shall be required to submit the prescribed documents depending on the requirements under various situations. To know more about it- Please refer our website- *For relevant risk-o-meters kindly refer to SID/SAI of respective schemes. Download SIP Form Invest Online

5 PRODUCT LABELING To provide investors an easy understanding of the kind of product /scheme they are investing in and its suitability to them, the product labeling for the following schemes is as under: NAME OF THE SCHEME LIC MF Balanced Fund LIC MF Growth Fund LIC MF Equity Fund LIC MF Tax Plan LIC MF Index Fund - Sensex Plan LIC MF Index Fund - Nifty Plan LIC MF Monthly Income Plan THE PRODUCT IS SUITABLE FOR INVESTORS WHO ARE SEEKING * Long term capital appreciation and current income securities, fixed income securities (debt and money market securities). securities securities securities Investment in equity instrument of respective index stocks subject to tracking error. Investment in equity instrument of respective index stocks subject to tracking error. Regular Income for short term Investment in Debt and Money Market Instruments as well as Equity and Equity Related instruments RISKOMETER

6 NAME OF THE SCHEME LIC MF Infrastructure Fund THE PRODUCT IS SUITABLE FOR INVESTORS WHO ARE SEEKING * instruments of directly or indirectly engaged in infrastructure sector Risk - High RISKOMETER LIC MF Midcap Fund Investing predominantly in equity and equity related securities of mid-cap companies. Risk - High MUTUAL FUND INVESTMENTS ARE SUBJECT TO MARKET RISKS, READ ALL SCHEME RELATED DOCUMENTS CAREFULLY