An equity-focused mutual fund aiming for long-term capital appreciation by investing in companies driving India's manufacturing evolution.
Government initiatives like Make in India and the PLI scheme are driving growth in India’s manufacturing sector.
To generate long-term wealth by investing in manufacturing companies. No assurance of achieving this objective.
The fund invests in diverse sectors like automobiles, textiles, technology, and engineering.
> 80-100% in manufacturing equities > 0-20% in other equities > 0-20% in debt and money market instruments
> Lumpsum: ₹5,000+ > SIP: Starts from ₹300 (daily), ₹1,000 (monthly)
> Redeem within 90 days: 12% of units, no exit load. > Exceeding 12%, 1% load. > After 90 days, no exit load.
Managed by seasoned professionals with expertise in identifying top-performing manufacturing companies.
The fund carries a very high risk due to its focus on the manufacturing sector, but the potential rewards are significant.
LIC MF Manufacturing Fund offers a promising opportunity to build wealth by investing in companies driving India’s manufacturing boom.
NFO opens on September 20, 2024, and closes on October 4, 2024. Don't miss out!
https://www.licmf.com/