MUTUAL FUNDS
LIC Mutual Fund Asset Management introduces Weekly Frequency under SIP
Mar-17-2026

LIC Mutual Fund Asset Management (AMC) has announced Modification to Scheme Information Document (SID) and Key Information Memorandum (KIM) of LIC MF Technology Fund and Statement of Additional Information (SAI) of LIC Mutual Fund.

LIC Mutual Fund has informed that the AMC has decided to introduce weekly frequency under Systematic Investment Plan (SIP) Facility for LIC MF Technology Fund (‘The Scheme’) with effect from March 2026. The key features of weekly frequency under SIP Facility is: The weekly SIP has cycle days between Monday to Friday, requires a minimum amount of Rs.150/- and in multiples of Rs.1/- thereafter and mandates a minimum of 40 instalments.

The investors can choose any Business Day from Monday to Friday (In case any of a non- business day, the transaction will be executed on the next business day of the Scheme). In case the SIP debit day is not specified or in case of ambiguity the default Day shall be Friday. Necessary/ incidental changes in the above regards shall be carried out in the SID and KIM of above-mentioned Scheme of LIC Mutual Fund. 

This Notice cum Addendum forms an integral part of the SID and KIM of the above-mentioned Scheme of LIC Mutual Fund as amended from time to time. All other terms and conditions of the above-mentioned Scheme of LIC Mutual Fund will remain unchanged.


  RELATED NEWS >>