5 years of wealth creation, growth & happiness · inflation to print beyond the 6.5% mark. even...

AUGUST 2020

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Investors understand that their principal will be at Moderately High Risk

RISKOMETER

This product is suitable for investors who are seeking*:

• Long-Term Capital appreciation.

• A fund that primarily invests in Large and Mid-cap stocks.

• Risk - Moderately High *Investors should consult their financial advisors if in

doubt about whether the product is suitable for them.

Invest in

Celebrating

of

5 years of Wealth Creation, Growth & Happiness

MARKET REVIEW

Mr. Sachin Relekar

CIO - Equity

₹

2

EQUITY DEBT

Market Review

Ÿ Amidst the pandemic scare and falling growth, CPI inflation surprised by growing to 7.2% in April and 6.09% in the month of June. Though data collection was a challenge in the month of April, May and June and some of it may have been caused due to supply disruptions caused by the lockdown, the CPI data is a cause of concern. July has seen a huge jump in the vegetable prices due to supply distortions – up by 32% as per Ministry of Consumer Affairs and this is expected to lead to Headline inflation to print beyond the 6.5% mark. Even as we feel that inflation would moderate beyond July and into March 2021, the average Headline CPI for Q4FY21 could be at around 3.5%. With the expected July reading, Headline CPI inflation will be higher than the 6% mark for 4 consecutive months. Further with real interest rate currently in the negative zone coupled with High Inflation data would force MPC to focus more on inflation than growth. This is also attributed to the fact that Policy rate transmission has always remained a challenge in India. Despite a 115bps repo rate cut, Weighted Average Lending Rate (WALR) for outstanding loans has come down by 37bps from February 2020 to June 2020 while WALR for fresh loans has come down by 91bps. However, this has not been effective in pushing credit growth. Credit growth by 17 July has slumped to 5.8% (in absolute terms, credit growth is down by INR1514bn in FY21 till date compared to a drop of INR1133bn in the same period last year. It is unlikely that any further rate easing by the RBI (even as it is transmitted) can lead to a rise in credit offtake as (a) demand for credit remains muted, given that working capital needs as also funding needs for expansion would be low and (b) system suffers from a huge risk aversion. RBI in its latest Financial Stability Report has pointed out that GNPA could increase sharply by 400bps to 12.5% by March 2021, even at the baseline real GDP contraction of 4.4%, thus leading to a continuation of risk aversion to lending.

Ÿ The Reserve Bank of India's financial stability report has raised concerns about the risks of rising debt levels across the world particularly for emerging markets. According to the regulator's report, the global debt is now more than that seen during the 2008 global financial crisis (GFC). The report states that global debt has increased across all sectors and stood at $255 trillion in the December quarter of 2019. At over 322% of the gross domestic product (GDP), global debt is currently almost 40% or $87 trillion more than that seen during the onset of the global financial crisis in 2008. In Global developments, The European Central Bank left its key interest rates and the size of asset purchases unchanged as policymakers weigh the effect of the previous actions. The rate was left unchanged at a record low zero and the deposit rate at -0.50 %, in line with economists' expectations. The Federal Reserve kept policy rates unchanged at 0-0.25% and reiterated its commitment to maintain bond purchases and the gamut of lending and liquidity programs associated with the response of Covid. The policy statement highlighted that “the path of the economy will depend significantly on the course of the virus”. The statement also highlighted “following sharp declines, economic activity and employment have picked up somewhat in recent months but remain well below their levels at the beginning of the year.”

Ÿ In another developments, Rainfall in July was 9% below LTA. On a cumulative basis, spatial distribution of monsoon has been normal though over the last couple of weeks rainfall has weakened in across India. Out of the 36 sub-divisions across India, till date, seven have received deficient rainfall, 17 have received normal rainfall, and 12 have received excess rainfall. Overall, basins and reservoirs were around 2.5% above long-term average for week ending July 30.

Outlook

Ÿ The MPC took proactive measures following the steps of global central banks by

cutting Repo Rate by 115 bps since Feb 2020 since the time India entered a

lockdown. The RBI has already done much to support growth but could be close to the

limit now. At this juncture, real interest rates are in the negative and this could be

hurting the savers but also not leading to any credit growth due to the continuing risk

aversion in the system.

Ÿ The challenge is from the inflation front as the Headline CPI had been firmer than

expected and this is likely to put RBI in a difficult position of choosing between growth

and inflation. Being a targeting central bank, we feel there would be a pause from the

MPC at its August policy and the next move could come at a later stage after it is able

to assess the inflation dynamics better. Short Term Yields would remain volatile

depending the system liquidity and MPC's stance on Reverse Repo rate. However we

expect long end of the curve to stay protected due to RBI support, as long as the virus

scare remains.

Mr. Marzban Irani

CIO - Fixed Income

₹

Market Review

Ÿ The Indian economy and the sentiments appear to break-out from the fears of the pandemic. The supply side challenges have recovered significantly, however; demand aggregates appear challenging. The growth of the Index of eight core sector industries declined by 15.0% in June'20 vs 22% contraction in May'20. During the month, equity market saw appreciation with BSE Sensex rising by 7.7% month-on-month and CNX Nifty rising by 7.5% for the same month.

Ÿ Sector-wise indices- The indices continued their momentum of recovery during the month gone by with most of the indices in green. BSE IT, BSE Healthcare, BSE Metal, BSE Auto, BSE 100, BSE 200, BSE 500, BSE Consumer Durables, BSE Mid-Cap, BSE Small Cap, BSE Oil & Gas, BSE FMCG and BANKEX rose by 22.6%, 12.4%, 8.5%, 8.0%, 7.2%, 6.8%, 5.6%, 5.4%, 5.2%, 4.0%, 1.7% and 1.8% respectively. BSE Power, BSE Capital Goods and BSE Realty declined by 2.3%, 1.0% and 0.4% respectively.

Capital flows:

FIIs were net buyers in the equity to the tune of ₹ 9,506 crores (US$ 1,268 mn) in

July 2020. Cumulatively, FIIs bought equity worth ₹ 22,197 crores (US$ 3,209 mn) in

last twelve months i.e. from August'19-July'20 and DII bought equity worth ₹ 55,036

crores (US$ 7,654 mn) for the same period. (As on 31st July 2020, Source: SEBI)

(July 2020 Avg. 1 USD = INR 74.9667).

Outlook

Ÿ The Indian economy seems to have gradually moved past the worst days of the

pandemic and is now on the road to recovery. This can be gauged by the economic

data points as well as through the confidence in management commentaries. Most

of the companies declaring 1QFY21 results witnessed a decline in their topline due

to the lockdowns, very much on expected lines. The key takeaways from the results

declared so-far has been (a) Most activities in rural and semi-urban areas have

largely returned to pre-Covid-19 levels, while urban demand remained subdued; (b)

lenders have witnessed a drop in their Morat book; (c) strong fertilizer demand; and

(d) auto (2Ws and PVs) demand is largely sustained MoM in July and tractors are

seeing good traction. The silver lining across sectors has been on the cost

savings/control and the rebound in sales with the onset of unlock phase. However,

we believe the sustainability of the same will only become clearer after a few

months.

Ÿ From the economic standpoint, the economy was steadily slipping into a

slowdown phase even before the pandemic. The government's fiscal position will

require a more focused approach to spending. Income/job losses and uncertainty

due to the pandemic will further strain household finances. Although job losses will

reverse in the near term, wages could be depressed, impacting overall

consumption. However, economic indicators have shown signs of improvement

post the partial reopening. Even as exports are gradually normalizing, continuous

domestic weakness led to positive trade balance in June

Ÿ Market clearly is pricing in a swift and profound recovery in FY22 (and possibly

as early as 2HFY21), however the problem is that this is a medical crisis, most of the

risks are unknown and unpredictable

Ÿ We continue to advocate the two trends getting amplified: (a) industry

consolidation; and (b) technology adoption. Businesses winning in both these

trends should be the ones to look out for. Within industries, we place our bet on the

defensiveness of the business model rather than the discretionary nature of

demand. We prefer to focus on existing leaders who are likely to disrupt / innovate in

their businesses to ensure that their leadership/competitive advantage remain

strong. Value creation imperatives in investments viz high standards of governance,

high capital efficiency strong moats, and sustainable growth are unlikely to change.

RISKOMETER

Name Of The SchemeThe Product Is Suitable For Investors Who Are Seeking *

Riskometer

LIC MF Large Cap Fund

LIC MF Multicap Fund

LIC MF Large & Mid Cap Fund

LIC MF Infrastructure Fund

LIC MF Tax Plan

LIC MF Index Fund-Sensex Plan

LIC MF Index Fund-Nifty Plan

LIC MF Exchange Traded Fund - Nifty 50

LIC MF Exchange Traded Fund - Sensex


3

Ÿ Long Term Capital AppreciationŸ A Fund that primarily invest in large-cap stockŸ Risk - Moderately High

Ÿ Long Term Capital AppreciationŸ Investing in Large, Mid & Small-cap stocksŸ Risk - Moderately High

Ÿ Long Term Capital AppreciationŸ A Fund that primarily invest in large and mid-cap

stocksŸ Risk - Moderately High

Ÿ Capital appreciation over long termŸ Investment predominantly in a portfolio of equity

and equity related securities of companies engaged in banking and financial services.

Ÿ Risk - High

Ÿ Long Term Capital GrowthŸ Investment in equity and equity related instruments

of companies engaged either directly or indirectly in infrastructure sector.

Ÿ Risk - High

Ÿ Long Term Capital GrowthŸ Investing in equity and equity related securities.Ÿ Risk - Moderately High

Ÿ Long Term Capital Growth

Ÿ Investment in equity instrument of S&P BSE Sensex

Index stocks subject to tracking error.

Ÿ Risk - Moderately High

Ÿ Long Term Capital Growth

Ÿ Investment in equity instrument of NIFTY 50 Index

stocks subject to tracking errors.


Ÿ Long Term InvestmentŸ Investment in securities covered by NIFTY 50

Index, subject to tracking errors.Ÿ Risk - Moderately High

Ÿ Long Term InvestmentŸ Investment in securities covered by S&P BSE

SENSEX, subject to tracking errors.Ÿ Risk - Moderately High

Ÿ Long Term InvestmentŸ Investment in equity and equity related securities

and portfolios replicating the composition of NIFTY 100 Index, subject to tracking errors.


LIC MF Banking & Financial Services Fund

Investors understand that their principal will be at moderately high risk.

RISKOMETER

Investors understand that their principal will be at high risk.

RISKOMETER

*Investors should consult their financial advisors if in doubt about whether the product is suitable for them.

LIC MF Arbitrage FundŸ Income over a short term investment horizon.

Ÿ Income through arbitrage opportunities between cash and derivative market and arbitrage opportunities within the derivative segment of the equity market.

• Risk - Moderately Low

Investors understand that their principal will be at moderately low risk.

RISKOMETER

LIC MF Liquid Fund

LIC MF Overnight Fund

Ÿ Regular income for short termŸ Investment in debt / money market instruments

with maturity of upto 91 days. Ÿ Risk - Low

Ÿ Regular income with high levels of safety and liquidity over short term

Ÿ Investment in debt and money market instruments with overnight maturity.

Ÿ Risk - Low Investors understand that their principal will be at low risk.

RISKOMETER

Name Of The SchemeThe Product Is Suitable For Investors Who Are Seeking *

Riskometer

LIC MF Government SecuritiesFund

LIC MF Debt Hybrid Fund

LIC MF Bond Fund

LIC MF Children’s Gift Fund

LIC MF Banking & PSU Debt Fund

LIC MF Savings Fund

RISKOMETER

LIC MF Equity Hybrid Fund

SchemeLIC MF Unit Linked Insurance

4

Ÿ Long term capital appreciation with current income.Ÿ A fund that invests both in stocks and fixed income

instruments. Ÿ Risk - Moderately High

Ÿ Long term capital appreciation and current income.Ÿ Investment in equity and equity related securiries,

fixed income securities (debt and money market securities).


Ÿ Long term capital appreciation and current incomeŸ Investment in sovereign securities issued by

Central State Government.Ÿ Risk - Moderate

Ÿ Medium term capital appreciation with current income

Ÿ A fund that invests predominantly in debt instruments with marginal equity exposure.

Ÿ Risk - Moderate

Ÿ Income over medium to long termŸ To generate income/capital appreciation through

investments in Debt and Money market instruments.

Ÿ Risk - Moderate

Ÿ Long term capital appreciation and current income

Ÿ A fund that invests both in stocks and fixed income instruments.


Ÿ Regular income for medium term capital appreciation with current income

Ÿ An income fund that invests predominantly in debt and money market instruments issued by Banks, PSU’s, PFIs and Municipal Bonds.

Ÿ Risk - Moderate

Ÿ Regular Income for short termŸ A fund that focuses on low duration securities.Ÿ Risk - Moderate

*Investors should consult their financial advisors if in doubt about whether the product is suitable for them.

Investors understand that their principal will be at moderately high risk.

RISKOMETER

Investors understand that their principal will be at moderate risk.

RISKOMETER

LIC MF G-Sec Long Term Exchange Traded Fund

Ÿ Medium to long term regular incomeŸ Investment in securities in line with Nifty 8-13 yr

G-Sec Index to generate comparable returns subject to tracking errors.

Ÿ Risk - Moderate

LIC MF Short Term Debt Fund

LIC MF Ultra Short Term Fund

Ÿ Generation of reasonable returns over short to medium term.

Ÿ Investment in Debt securities and money market instruments.

Ÿ Risk - Moderate

Ÿ Regular income over short term.

Ÿ Investment in Debt & Money Market Instruments such that the Macaulay Duration of the portfolio is between 3 months - 6 months.

Ÿ Risk - Moderately Low

Investors understand that their principal will be at moderately low risk.

RISKOMETER

To achieve long term capital appreciation by investing in diversified portfolio predominantly consisting of

equity and equity related securities of Large Cap companies including derivatives. However there can be no

assurance that the investment objective of the scheme will be achieved.

stAbove returns are as on 31 July, 2020. Past performance may or may not be sustained in the future. # Nifty 100 TRI, ## Nifty 50 TRI. Assuming ₹ 10,000/- invested

systematically on the first Business Day of every month over a period of time. CAGR returns are computed after accounting for the cash by using XIRR method (investment

internal rate of return) for Regular Plan - Growth Option. Load is not taken into consideration for computation of performance. The above investment simulation is for illustrative

purpose only and should not be construed as a promise on minimum returns and safeguard of capital. The Mutual Fund is not guaranteeing or promising or forecasting any

returns. NA : Not Available. The performance of the scheme is benchmarked to the Total Return variant of the index. * Scheme data & TRI value of the Index are not available for

since inception, hence performance for such period is not available.

SCHEME PERFORMANCE

SIP PERFORMANCE

PORTFOLIO AS ON 31.07.2020

INVESTMENT OBJECTIVESCHEME FEATURES

SECTOR ALLOCATION (% of NAV)

Company % of NAV Company % of NAV

SIP Investments 1 Year 3 Years 7 Years5 Years 10 Years Since Inception*

Total Amount Invested ( )₹ 1,20,000 3,60,000 8,40,0006,00,000 12,00,000 NA

Market Value as on July 31, 2020 ( ) ₹ 1,20,696 3,71,074 10,58,8396,77,977 18,17,844 NA

Returns (CAGR) (%) 1.08 1.98 6.514.83 8.05 NA

Benchmark Returns (CAGR) (%) #

Additional Benchmark Returns (CAGR) (%) ##

7.94

7.88

2.55 7.99

3.14 7.88

6.50

6.83

9.38

9.05

NA

NA

5

Scheme Nifty 100 TRI* Nifty 100 TRI* Nifty 50 TRI** Nifty 50 TRI** Scheme

1 Year 1.67 1.10 0.68 10,168 10,110 10,068

3 Years 2.44 3.76 4.46 10,749 11,172 11,400

5 Years 4.23 6.70 6.66 12,302 13,835 13,811

Since Inception 3.80 NA 9.62 26,336 NA 1,08,248

CAGR (%)Value of lumpsum investment of 10,000/- invested ₹

on inception datePeriod

stAbove returns are as on 31 July, 2020. Different plans shall have a different expense structure. The performance details provided herein are of Regular plan - Growth option. Mr.

Sachin Relekar is managing the above scheme from 5th March, 2015 and total no. of schemes managed by him is 5. Also, Ms. Ritu Modi is managing the above scheme from 1st

November, 2019 and total no. of schemes managed by her is 6. Past performance may or may not be sustained in the future. Load is not taken into consideration for computation

of performance. The Mutual Fund is not guaranteeing or promising or forecasting any returns. As the scheme was launched before the launch of the benchmark index,

benchmark index figures since inception or the required period are not available.* Benchmark, ** Additional Benchmark. NA : Not Available. The performance of the scheme is

benchmarked to the Total Return variant of the index. For detailed disclaimer, please refer page no 33.

Factsheet August, 2020

Scheme Type: An open ended equity scheme predominantly investing in Large Cap stocks.

Date of allotment: September 01, 1994

Fund Size:

AUM as on 31/07/2020: ₹ 364.15 CrAverage AUM for July 2020: ₹ 354.46 Cr

Benchmark: Nifty 100 TRI

Minimum Investment (lumpsum): ₹ 5,000/-

Fund Manager:Name: Mr. Sachin Relekar;Experience: 13+ years

NAV as on July 31, 2020:NAV Regular Plan Direct Plan

Growth ₹ 26.3360 ₹ 28.2035

Dividend ₹ 15.9051 ₹ 18.7127

Expense Ratio:Regular: 2.63% Direct: 1.60%(for detailed bifurcation on TER, please see page no 33)

Annual Portfolio Turnover Ratio: 0.25 times

Risk Measures:Standard Deviation 5.26Portfolio Beta 0.84Sharpe Ratio 0.0105

Load Structure:Entry Load - NIL

Exit Load

Ÿ 12% of the units allotted shall be redeemed or switched out without any exit load, on or before completion of 12 months from the date of allotment of units.

Ÿ 1% on remaining units if redeemed or switched out on or before completion of 12 months from the date of allotment of units.

Ÿ Nil, if redeemed or switched out after completion of 12 months from the date of allotment of units.

Top 10 holdings

Co-Fund Manager:Name: Ms. Ritu Modi;Experience: 9+ years

21.15%

14.90%

11.77%

10.59%

7.76%

5.38%

4.86%

4.41%

3.69%

2.16%

1.86%

1.06%

Banks

Software

Finance

Consumer Non Durables

Petroleum Products

Pharmaceuticals

Retailing

Telecom - Services

Auto

Consumer Durables

Cement

Construction Project

Equity Holdings

Auto 3.69%

Maruti Suzuki India Ltd. 2.69%

Mahindra & Mahindra Ltd. 1.00%

Banks 21.15%

HDFC Bank Ltd. 7.96%

ICICI Bank Ltd. 7.48%

Kotak Mahindra Bank Ltd. 5.71%

Cement 1.86%

Shree Cement Ltd. 1.86%

Construction Project 1.06%

Larsen & Toubro Ltd. 1.06%

Consumer Durables 2.16%

Titan Company Ltd. 2.16%

Consumer Non Durables 10.59%

Hindustan Unilever Ltd. 4.20%

Nestle India Ltd. 2.54%

United Spirits Ltd. 2.20%

Asian Paints Ltd. 1.65%

Finance 11.77%

Bajaj Finance Ltd. 6.94%

HDFC Ltd. 2.94%

ICICI Prudential Life Insurance Co Ltd. 1.01%

ICICI Lombard General Ins. Co. Ltd. 0.89%

Petroleum Products 7.76%

Reliance Industries Ltd. 7.66%


Pharmaceuticals 5.38%

Torrent Pharmaceuticals Ltd. 2.01%

Divi's Laboratories Ltd. 1.81%

Cipla Ltd. 1.56%

Retailing 4.86%

Avenue Supermarts Ltd. 4.86%

Software 14.90%

Infosys Ltd. 9.23%

Tata Consultancy Services Ltd. 5.67%

Telecom - Services 4.41%

Bharti Airtel Ltd. 4.41%

Equity Holdings Total 89.58%

Cash & Other Receivables Total 10.42%

Grand Total 100.00%

An open ended pure growth scheme seeking to provide capital growth by investing mainly in mix of equity

instruments. 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 Schemes will be realized.





returns. NA: Not Available. The performance of the scheme is benchmarked to the Total Return variant of the index. * Scheme data & TRI value of the Index are not available for


SIP Investments 1 Year 3 Years 5 Years 10 Years7 Years Since Inception*

Total Amount Invested ( )₹ 1,20,000 3,60,000 6,00,000 12,00,0008,40,000 NA

Market Value as on July 31, 2020 ( ) ₹ 1,19,391 3,61,132 6,41,651 16,10,3629,69,371 NA

Returns (CAGR) (%) -0.94 0.20 2.65 5.744.04 NA



7.57

7.88

0.86

3.14

5.27

6.83

9.007.44

9.057.88

NA

NA

SCHEME FEATURES INVESTMENT OBJECTIVE


SCHEME PERFORMANCE

SIP PERFORMANCE



Scheme Scheme

1 Year -0.08 0.98 0.68 9,992 10,098 10,068

3 Years 1.12 2.08 4.46 10,340 10,637 11,400

5 Years 2.26 6.17 6.66 11,182 13,492 13,811


PeriodCAGR (%)

Value of lumpsum investment of 10,000/- invested ₹on inception date


Yogesh Patil is managing the above scheme from 4th October 2018 and total no. of schemes managed by him is 6. Past performance may or may not be sustained in the future.

Load is not taken into consideration for computation of performance. The Mutual Fund is not guaranteeing or promising or forecasting any returns. As the scheme was launched

before the launch of the benchmark index, benchmark index figures since inception or the required period are not available.* Benchmark, ** Additional Benchmark. The

performance of the scheme is benchmarked to the Total Return variant of the index. For detailed disclaimer, please refer page no 33.

Nifty 500 TRI* Nifty 500 TRI* Nifty 50 TRI** Nifty 50 TRI**

Scheme Type: An open ended equity scheme investing across Large Cap, Mid Cap, Small Cap stocks

Date of Allotment: April 15, 1993

Fund Size:

AUM as on 31/07/2020: ₹ 287.33 Cr: ₹ 285.68 CrAverage AUM for July 2020



Fund Manager:Name: Mr. Yogesh PatilExperience: years11+


Growth ₹ . ₹ .45 5151 47 9717

4 8962 18 4791Dividend ₹ 1 . ₹ .



Risk Measures:Standard Deviation 5.62Portfolio Beta 0.86Sharpe Ratio -0.0060

6

Load Structure:

Entry Load - NIL

Exit Load




Top 10 holdings


21.95%

17.62%

12.38%

7.86%

6.61%

6.00%

4.57%

4.22%

2.77%

2.54%

1.95%

1.35%

1.16%

1.13%

0.73%

0.62%

0.61%

0.36%

Banks


Software

Finance

Pharmaceuticals

Fertilisers

Gas

Transportation

Consumer Durables

Auto

Commercial Services

Telecom - Services


Industrial Products

Industrial Capital Goods

Non - Ferrous Metals

Hotels & OtherRecreational Activities

Retailing

Equity Holdings

Auto 2.54%

Hero MotoCo. Ltd. 1.38%


Banks 21.95%




City Union Bank Ltd. 0.71%

Axis Bank Ltd. 0.28%

Commercial Services 1.95%

3M India Ltd. 1.95%


Ashoka Buildcon Ltd. 0.93%

Sadbhav Engineering Ltd. 0.24%


TTK Prestige Ltd. 1.10%


Relaxo Footwears Ltd. 0.79%




Kansai Nerolac Paints Ltd. 2.47%

Dabur India Ltd. 1.56%

Marico Ltd. 1.52%


Fertilisers 6.00%

Coromandel International Ltd. 6.00%

Finance 7.86%

HDFC Ltd. 4.22%

SBI Life Insurance Company Ltd. 1.38%


ICICI Lombard General Insurance Co. Ltd. 0.64%

Central Depository Services (I) Ltd. 0.60%

SBI Cards & Payment Services Ltd. 0.03%

Gas 4.57%

Gujarat Gas Ltd. 1.77%

Petronet LNG Ltd. 1.14%

Mahanagar Gas Ltd. 1.01%

Indraprastha Gas Ltd. 0.65%

Hotels & Other Recreational Activities 0.61%

The Indian Hotels Company Ltd. 0.61%

Industrial Capital Goods 0.73%

Honeywell Automation India Ltd. 0.73%

Industrial Products 1.13%

Huhtamaki PPL Ltd. 1.13%

Non - Ferrous Metals 0.62%

Hindalco Industries Ltd. 0.62%


Sanofi India Ltd. 1.92%

Pfizer Ltd. 1.85%

Abbott India Ltd. 1.62%

Alkem Laboratories Ltd. 1.21%

Retailing 0.36%

Trent Ltd. 0.36%

Software 12.38%

Infosys Ltd. 5.92%


Tech Mahindra Ltd. 0.93%



Transportation 4.22%

Container Co. Of India Ltd. 3.26%

Transport Co. Of India Ltd. 0.96%



Grand Total 100.00%

To generate long term capital appreciation by investing substantially in a portfolio of equity and equity linked

instruments of large cap and midcap companies.

stAbove returns are as on 31 July, 2020. Past performance may or may not be sustained in the future. # Nifty LargeMidcap 250 TRI, ## NIFTY 50 TRI. Assuming ₹ 10,000/-

invested systematically on the first Business Day of every month over a period of time.CAGR returns are computed after accounting for the cash by using XIRR method

(investment internal rate of return) for Regular Plan - Growth Option. Load is not taken into consideration for computation of performance. The above investment simulation is

for illustrative purpose only and should not be construed as a promise on minimum returns and safeguard of capital. The Mutual Fund is not guaranteeing or promising or

forecasting any returns. Since inception returns are assumed to be starting from the beginning of the subsequent month from the date of inception. The performance of the

scheme is benchmarked to the Total Return variant of the index.

SIP Investments 1 Year 3 Years 5 Years 7 Years 10 Years Since Inception

Total Amount Invested ( )₹ 1,20,000 3,60,000 6,00,000 - - 6,50,000

Market Value as on July 31, 2020 ( ) ₹ 1,20,413 3,59,622 6,85,211 - - 7,57,526

Returns (CAGR) (%) 0.64 -0.07 5.25 - - 5.59



7.65 -0.07 4.95

7.88 3.14 6.83

-

-

-

-

5.26

6.76



SCHEME PERFORMANCE

SIP PERFORMANCE



Scheme Nifty LargeMidcap 250 TRI* Nifty LargeMidcap 250 TRI*SchemeNifty 50 TRI**

Nifty 50 TRI**

1 Year 1.41 1.93 0.68 10,142 10,194 10,068

3 Years 1.28 1.44 4.46 10,389 10,439 11,400

5 Years 6.70 6.66 6.66 13,834 13,810 13,811

Since Inception 7.07 6.49 5.75 14,493 14,075 13,550

PeriodCAGR (%)

Value of lumpsum investment of 10,000/- ₹invested on inception date


Sachin Relekar is managing the above scheme from 5th March 2015 and total no. of schemes managed by him is 5. Date of allotment is 25th Feb’2015. Past performance may

or may not be sustained in the future. Load is not taken into consideration for computation of performance. NA : Not Available. The Mutual Fund is not guaranteeing or promising

or forecasting any returns. The performance of the scheme is benchmarked to the Total Return variant of the index.

* Benchmark. ** Additional Benchmark. NA : Not Available.

Scheme Type: An open ended equity scheme investing in both Large Cap and Mid Cap stocks

Date of Allotment: February 25, 2015

Fund Size:

AUM as on 31/07/2020: ₹ 706.36 Cr

: 689.62 CrAverage AUM for July 2020 ₹

Benchmark: Nifty LargeMidcap 250 TRI


Fund Manager:Name: Mr. Sachin RelekarExperience: 13+ years


Growth ₹ 14.4929 ₹ 15.5433

Dividend ₹ 12.7540 ₹ 13.4936




7

Load Structure:

Entry Load - NIL

Exit Load




Top 10 holdings


13.14%

12.55%

12.14%

10.61%

7.68%

7.13%

7.04%

4.82%

3.63%

2.64%

2.05%

2.03%

1.34%

1.21%

1.17%

1.07%

Banks

Software

Pharmaceuticals

Chemicals

Finance

Retailing

Consumer Durables

ConsumerNon Durables

Petroleum Products

Telecom - Services

Textile Products

Commercial Services

Industrial Products

Fertilisers


Construction

Equity Holdings

Banks 13.14%




Chemicals 10.61%

Tata Chemicals Ltd. 3.50%

Atul Ltd. 3.35%

Vinati Organics Ltd. 2.36%

Navin Fluorine International Ltd. 1.40%


3M India Ltd. 2.03%

Construction 1.07%

Brigade Enterprises Ltd. 1.07%


Voltas Ltd. 2.68%

Bata India Ltd. 2.65%




Tata Consumer Products Ltd. 3.62%


Fertilisers 1.21%


Finance 7.68%


ICICI Securities Ltd. 1.34%




Supreme Industries Ltd. 1.34%





IPCA Laboratories Ltd. 3.18%

Syngene International Ltd. 2.94%


Retailing 7.13%


Trent Ltd. 2.36%

Aditya Birla Fashion and Retail Ltd. 1.08%


Software 12.55%

Infosys Ltd. 6.75%


Info Edge (India) Ltd. 1.27%

Larsen & Toubro Infotech Ltd. 1.23%



Textile Products 2.05%

Page Industries Ltd. 1.88%

K.P.R. Mill Ltd. 0.17%



Grand Total 100.00%

The investment objective of the scheme is to generate long-term capital appreciation for unit holders from a

portfolio that in invested substantially in equity and equity related securities of companies engaged in

banking and financial services sector. However there can be no assurance that the investment objective of

the scheme will be achieved.



SCHEME PERFORMANCE

Company % of NAV


SchemeNifty Financial Services TRI*

Nifty Financial Services TRI*

Nifty 50 TRI** Nifty 50 TRI**Scheme

1 Year -19.56 -15.24 0.68 8,039 8,472

15,114

10,068

14,217

3 Years 7,144 10,610 11,400

5 Years -2.59

-10.59

7.67

1.99

6.66

4.46

8,768 14,475 13,811

Since Inception -2.40 8.03 6.80 8,782

PeriodCAGR (%)

Value of lumpsum investment of 10,000/-₹invested on inception date


Yogesh Patil is managing the above scheme from 4th October 2018 and total no. of schemes managed by him is 6. Date of allotment is 27th March'2015. Past performance may

or may not be sustained in the future. Load is not taken into consideration for computation of performance. The Mutual Fund is not guaranteeing or promising or forecasting any

returns. * Benchmark, ** Additional Benchmark. NA : Not Available. The performance of the scheme is benchmarked to the Total Return variant of the index.

Scheme Type: An open ended equity scheme investing in banking & financial companies

Date of Allotment: March 27, 2015

Fund Size:

AUM as on 31/07/2020: ₹ 46.18 Cr


Benchmark: Nifty Financial Services TRI


Fund Manager:Name: Mr. Yogesh PatilExperience: years11+


Growth ₹ . ₹ .8 7819 9 2777

8 7805 9 2481Dividend ₹ . ₹ .




stAbove returns are as on 31 July, 2020. Past performance may or may not be sustained in the future. # Nifty Financial Services TRI, ## Nifty 50 TRI. Assuming ₹ 10,000/- invested systematically on the first Business Day of every month over a period of time. CAGR

returns are computed after accounting for the cash by using XIRR method (investment internal rate of return) for Regular Plan - Growth Option. Load is not taken into consideration for computation of performance. The above investment simulation is for illustrative

purpose only and should not be construed as a promise on minimum returns and safeguard of capital. The Mutual Fund is not guaranteeing or promising or forecasting any returns. Since inception returns are assumed to be starting from the beginning of the

subsequent month from the date of inception. The performance of the scheme is benchmarked to the Total Return variant of the index.

SIP Investments 1 Year 3 Years 5 Years 10 Years7 Years Since Inception

Total Amount Invested ( )₹ 1,20,000 3,60,000

1,04,435 2,95,678

-23.17 -12.38

-17.55 -3.21

7.88 3.14

6,00,000 -- 6,40,000

Market Value as on July 31, 2020 ( ) ₹ 5,18,723 -- 5,53,915

Returns (CAGR) (%) -5.70 -- -5.32



5.78

6.83

--

--

6.06

6.81

SIP PERFORMANCE

8

Load Structure:

Entry Load - NIL

Exit Load




Top 10 holdings

69.29%

20.13%

Banks

Finance


Equity Holdings

Banks 69.29%





State Bank of India 3.48%


The Federal Bank Ltd. 3.03%

DCB Bank Ltd. 2.98%

Finance 20.13%

HDFC Ltd. 8.08%





Central Depository Services (I) Ltd. 1.59%



Grand Total 100.00%


systematically on the first Business Day of every month over a period of time.CAGR returns are computed after accounting for the cash by using XIRR method (investment



returns. NA: Not Available. The performance of the scheme is benchmarked to the Total Return variant of the index. * Scheme data & TRI value of the Index are not available for


To provide capital growth along with tax rebate and tax relief to our investors through prudent investments in

the stock markets. An open ended equity linked tax saving Scheme which offers investors the opportunity to

seek Tax rebate u/s 80C of the Income Tax Act 1961. However, there is no assurance that the investment

objective of the Schemes will be realized.

SIP Investments 1 Year 3 Years 5 Years 7 Years 10 Years Since Inception*

Total Amount Invested ( )₹ 1,20,000 3,60,000 6,00,000 8,40,000 12,00,000 NA

NA

NA

NA

NA

Market Value as on July 31, 2020 ( ) ₹ 1,16,035 3,48,551 6,49,857 10,38,799 18,27,565

Returns (CAGR) (%) -6.08 -2.09 3.15 5.98 8.15



7.57

7.88

0.86

3.14

5.27 7.44

6.83 7.88

9.00

9.05



SCHEME PERFORMANCE

SIP PERFORMANCE



Scheme Nifty 500 TRI* Nifty 500 TRI*Nifty 50 TRI** Nifty 50 TRI**Scheme

1 Year -3.59 0.98 0.68 9,640

10,332

10,098 10,068

3 Years 1.09 2.08 4.46 10,637 11,400

5 Years 3.90 6.17 6.66 12,113 13,492 13,811

Since Inception 8.13 13.87 12.38 61,983 2,07,775 1,52,743

PeriodCAGR (%)



Sachin Relekar is managing the above scheme from 5th March 2015 and total no. of schemes managed by him is 5. Past performance may or may not be sustained in the future.

Load is not taken into consideration for computation of performance. The Mutual Fund is not guaranteeing or promising or forecasting any returns. *Benchmark, **Additional

Benchmark. The performance of the scheme is benchmarked to the Total Return variant of the index. For detailed disclaimer, please refer page no 33.

Scheme Type: An open ended equity linked

saving scheme with a statutory lock in of 3 years

and tax benefit.

Date of Allotment: March 31,1997

Fund Size:

AUM as on 31/07/2020: ₹ 255.27 Cr


Load Structure:Entry Load: Nil

Exit Load: Nil (Subject to lock-in period of 3

years)


Minimum Investment (lumpsum): ₹ 500/-

Fund Manager:

Name: Mr. Sachin Relekar

Experience: years13+


Growth ₹ . ₹ .61 9826 66 7554

5 1985 17 0264Dividend ₹ 1 . ₹ .




9

Top 10 holdings


16.44%

14.00%

9.08%

9.08%

8.36%

7.68%

6.20%

5.79%

3.94%

3.17%

2.58%

1.40%

1.18%

1.11%

Banks

Software


Pharmaceuticals

Finance

Retailing

Chemicals

Consumer Durables

Petroleum Products

Telecom - Services

Auto

Textile Products


Construction

Equity Holdings

Auto 2.58%



Banks 16.44%




Chemicals 6.20%


Atul Ltd. 2.13%


Construction 1.11%



Bata India Ltd. 2.57%

Voltas Ltd. 1.78%








Finance 8.36%



ICICI Securities Ltd. 1.00%









Cipla Ltd. 1.04%



Retailing 7.68%


Trent Ltd. 1.93%



Software 14.00%

Infosys Ltd. 8.26%


Info Edge (India) Ltd. 1.34%



Textile Products 1.40%

Page Industries Ltd. 1.40%



Grand Total 100.00%

stAbove returns are as on 31 July, 2020. Past performance may or may not be sustained in the future. # Nifty Infrastructure TRI, ## Nifty 50 TRI. Assuming ₹ 10,000/- invested




returns. Since inception returns are assumed to be starting from the beginning of the subsequent month from the date of inception. The performance of the scheme is

benchmarked to the Total Return variant of the index.

The investment objective of the scheme is to generate 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 Schemes will be realized.


Total Amount Invested ( )₹ 1,20,000

1,13,018

-10.63

13.18

7.88

3,60,000 6,00,000 8,40,000 14,80,00012,00,000

Market Value as on July 31, 2020 ( ) ₹ 3,21,599 5,74,447 8,78,487 18,55,36014,12,722

Returns (CAGR) (%) -7.19 -1.71 1.26 3.583.21



1.58

3.14

3.38 3.57

6.83 7.88

2.713.50

9.729.05



SCHEME PERFORMANCE

SIP PERFORMANCE



SchemeNifty Infrastructure

TRI*Nifty Infrastructure

TRI*Nifty 50 TRI** Nifty 50 TRI**Scheme

1 Year -11.02 3.94 0.68 8,895 10,395 10,068

3 Years -4.71 -0.62 4.46 8,651 9,815 11,400

5 Years -0.58 0.75 6.66 9,711 10,382 13,811

Since Inception 1.65 -0.73 8.65 12,246 9,139 27,882

PeriodCAGR (%)



Sachin Relekar managing the above scheme from 1st March 2013 and total no. of schemes managed by him is 5. Past performance may or may not be sustained in the future.

Load is not taken into consideration for computation of performance. The Mutual Fund is not guaranteeing or promising or forecasting any returns. * Benchmark, ** Additional

Benchmark. The performance of the scheme is benchmarked to the Total Return variant of the index.

Scheme Type: An open ended equity scheme

investing in infrastructure companies.


Fund Size:

AUM as on 31/07/2020: ₹ 46.06 Cr


Benchmark: Nifty Infrastructure TRI


Fund Manager:

Name: Mr. Sachin Relekar

Experience: years13+


Growth ₹ 12.2457 ₹ 13.1801

Dividend ₹ 12.2464 ₹ 13.0256




10


Exit Load




Top 10 holdings


26.73%

15.11%

10.67%

7.34%

7.18%

4.57%

3.40%

3.19%

2.96%

2.66%

1.21%

Banks

Cement

Petroleum Products

Telecom - Services

Construction

Industrial Products

Finance



Transportation

Minerals/Mining

Equity Holdings

Banks 26.73%






Cement 15.11%

The Ramco Cements Ltd. 6.62%

JK Lakshmi Cement Ltd. 3.15%

Ultratech Cement Ltd. 2.86%

ACC Ltd. 2.48%

Construction 7.18%

KNR Constructions Ltd. 4.22%




Sadbhav Engineering Ltd. 0.68%

Finance 3.40%

HDFC Ltd. 3.40%


SKF India Ltd. 4.57%

Minerals/Mining 1.21%

Coal India Ltd. 1.21%





Indian Oil Co. Ltd. 0.80%








Grand Total 100.00%

stAbove returns are as on 31 July, 2020. Past performance may or may not be sustained in the future. # S&P BSE SENSEX TRI, ## NIFTY 50 TRI. Assuming ₹ 10,000/- invested






The main investment objective of the fund is to generate returns commensurate with the performance of the

index S&P BSE 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 Schemes will be realized.


Total Amount Invested ( )₹ 1,20,000 3,60,000 6,00,000 8,40,000 12,00,000 21,10,000

12.62

Market Value as on July 31, 2020 ( ) ₹ 1,24,661 3,80,559 7,10,806 10,81,922 18,18,414 52,73,614

Returns (CAGR) (%) 7.30 3.64 6.71 7.12 8.06 9.60



8.27

7.88

4.68

3.14

8.07 8.64

6.83 7.88

9.66

12.059.05



SCHEME PERFORMANCE

SIP PERFORMANCE



Scheme S&P BSE Sensex TRI* S&P BSE Sensex TRI*Nifty 50 TRI** Nifty 50 TRI**Scheme

1 Year 0.80 1.47 0.68 10,081 10,148 10,068

3 Years 4.96 6.20 4.46 11,565 11,980 11,400

5 Years

Since Inception

5.77 7.33 6.66 13,243 14,245 13,811

12.27 16.64 15.88 77,250 1,51,783 1,35,076

PeriodCAGR (%)


stAbove returns are as on 31 July, 2020. Different plans shall have a different expense structure. The performance details provided herein are of Regular plan - Growth option.

Ms. Ritu Modi is managing the above scheme from 1st November, 2019 and total no. of schemes managed by her is 6. Past performance may or may not be sustained in the

future. Load is not taken into consideration for computation of performance. The Mutual Fund is not guaranteeing or promising or forecasting any returns. * Benchmark, **

Additional Benchmark. The performance of the scheme is benchmarked to the Total Return variant of the index. For detailed disclaimer, please refer page no 33.

Scheme Type: An open ended scheme replicating/tracking S&P BSE Sensex Index

Date of Allotment: December 05, 2002

Fund Size:

AUM as on 31/07/2020: ₹ 24.57 Cr


Load Structure:Entry Load: NilExit Load: • 0.25% if redeemed or switch out on or before completion of 7 Days from the date of allotment of units• Nil after 7 days

Benchmark: S&P BSE Sensex TRI


Fund Manager:Name: M . s Ritu ModiExperience: years9+


Growth ₹ . ₹ .70 0783 72 7649

24 0203 24 4001Dividend ₹ . ₹ .



Risk Measures:Tracking Error 0.43%

11

Top 10 holdings


25.41%

17.83%

16.21%

12.26%

10.50%

4.36%

3.28%

2.73%

1.90%

1.38%

1.13%

1.04%

0.64%

0.58%

Banks

Software

Petroleum Products


Finance

Auto

Telecom - Services


Power

Pharmaceuticals

Cement

Consumer Durables

Ferrous Metals

Oil

Equity Holdings

Auto 4.36%



Bajaj Auto Ltd. 0.93%

Banks 25.41%






IndusInd Bank Ltd. 0.75%

Cement 1.13%








ITC Ltd. 4.08%



Ferrous Metals 0.64%

Tata Steel Ltd. 0.64%

Finance 10.50%

HDFC Ltd. 7.61%


Bajaj Finserv Ltd.

Oil 0.58%

Oil & Natural Gas Co. Ltd. 0.58%




Sun Pharmaceutical Industries Ltd. 1.38%

Power 1.90%

Power Grid Co. of India Ltd. 1.01%

NTPC Ltd. 0.89%

Software 17.83%

Infosys Ltd. 8.97%


HCL Technologies Ltd. 1.89%






Grand Total 100.00%

0.91%

stAbove returns are as on 31 July, 2020. Past performance may or may not be sustained in the future. # NIFTY 50 TRI, ## S&P BSE SENSEX TRI. Assuming ₹ 10,000/- invested






The main investment objective of the fund is to generate returns commensurate with the performance of the

index Nifty 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 Schemes will be realized.



12.62


Returns (CAGR) (%) 6.68 1.97 5.40 6.39 7.58 8.99



7.88

8.27

3.14

4.68

6.83 7.88

8.07 8.64

9.05 12.05

9.66



SCHEME PERFORMANCE

SIP PERFORMANCE



Scheme NIFTY 50 TRI* NIFTY 50 TRI*S&P BSE Sensex TRI** S&P BSE Sensex TRI**Scheme

1 Year -0.21 0.68 1.47 9,979 10,068 10,148

3 Years 3.07 4.46 6.20 10,949 11,400 11,980

5 Years 5.16 6.66 7.33 12,865 13,811 14,245

Since Inception 11.40 15.88 16.64 67,353 1,35,076 1,51,783

PeriodCAGR (%)



Ms. Ritu Modi is managing the above scheme from 1st November, 2019 and total no. of schemes managed by her is 6. Past performance may or may not be sustained in the

future. Load is not taken into consideration for computation of performance. The Mutual Fund is not guaranteeing or promising or forecasting any returns. *Benchmark,

**Additional Benchmark. The performance of the scheme is benchmarked to the Total Return variant of the index. For detailed disclaimer, please refer page no 33.

Scheme Type: An open ended scheme replicating/tracking Nifty 50 Index


Fund Size:

AUM as on 31/07/2020: ₹ 25.33 Cr


Load Structure:Entry Load: NilExit Load: • 0.25% if redeemed or switch out on or before completion of 7 Days from the date of allotment of units• Nil after 7 days





Growth ₹ ₹ 61.1270 63.4738

22 5495 23 3935Dividend ₹ . ₹ .




12

Top 10 holdings


23.05%

16.17%

15.22%

11.77%

9.42%

5.48%

3.17%

2.88%

2.39%

2.16%

1.83%

1.01%

0.92%

0.58%

0.55%

0.54%

0.48%

0.47%

0.35%

0.33%

0.24%

Banks

Software

Petroleum Products


Finance

Auto

Pharmaceuticals

Telecom - Services


Cement

Power

Ferrous Metals

Consumer Durables

Oil

Minerals/Mining

Pesticides


Transportation

Gas

Telecom-Equipment& Accessories

Media & Entertainment

Equity HoldingsAuto 5.48%Maruti Suzuki India Ltd. 1.78%Mahindra & Mahindra Ltd. 1.22%Bajaj Auto Ltd. 0.81%Hero MotoCo. Ltd. 0.73%Eicher Motors Ltd. 0.58%Tata Motors Ltd. 0.37%Banks 23.05%HDFC Bank Ltd. 9.63%ICICI Bank Ltd. 4.83%Kotak Mahindra Bank Ltd. 4.30%Axis Bank Ltd. 2.08%State Bank of India 1.56%IndusInd Bank Ltd. 0.65%Yes Bank Ltd. 0.00%Cement 2.16%Ultratech Cement Ltd. 1.04%Shree Cement Ltd. 0.61%Grasim Industries Ltd. 0.51%Construction Project 2.39%Larsen & Toubro Ltd. 2.39%Consumer Durables 0.92%Titan Company Ltd. 0.92%Consumer Non Durables 11.77%Hindustan Unilever Ltd. 4.27%ITC Ltd. 3.63%Asian Paints Ltd. 1.65%Nestle India Ltd. 1.25%Britannia Industries Ltd. 0.98%Ferrous Metals 1.01%Tata Steel Ltd. 0.56%JSW Steel Ltd. 0.45%Finance 9.42%HDFC Ltd. 6.63%Bajaj Finance Ltd. 1.86%Bajaj Finserv Ltd. 0.81%HDFC Life Insurance Company Ltd. 0.12%

Gas 0.35%GAIL (India) Ltd. 0.35%

Media & Entertainment 0.24%Zee Entertainment Enterprises Ltd. 0.24%Minerals/Mining 0.55%Coal India Ltd. 0.55%Non - Ferrous Metals 0.48%Hindalco Industries Ltd. 0.48%Oil 0.58%Oil & Natural Gas Co. Ltd. 0.58%Pesticides 0.54%UPL Ltd. 0.54%Petroleum Products 15.22%Reliance Industries Ltd. 14.07%Bharat Petroleum Co. Ltd. 0.69%Indian Oil Co. Ltd. 0.46%Pharmaceuticals 3.17%Sun Pharmaceutical Industries Ltd. 1.22%Dr. Reddy's Laboratories Ltd. 1.14%Cipla Ltd. 0.81%Power 1.83%Power Grid Co. of India Ltd. 0.94%NTPC Ltd. 0.88%Software 16.17%Infosys Ltd. 7.62%Tata Consultancy Services Ltd. 5.18%HCL Technologies Ltd. 1.61%Wipro Ltd. 0.90%Tech Mahindra Ltd. 0.86%Telecom-Equipment & Accessories 0.33%Bharti Infratel Ltd. 0.33%Telecom - Services 2.88%Bharti Airtel Ltd. 2.88%Transportation 0.47%Adani Ports & Special Economic Zone Ltd. 0.47%Equity Holdings Total 99.01%Cash & Other Receivables Total 0.99%Grand Total 100.00%

The investment objective of the scheme is to provide returns that closely correspond to the total returns of

securities as represented by NIFTY 50 Index, subject to tracking errors. However there is no assurance that

the objective of the scheme will be achieved.



SCHEME PERFORMANCE



Scheme NIFTY 50 TRI* NIFTY 50 TRI*S&P BSE Sensex TRI** S&P BSE Sensex TRI**Scheme

1 Year 0.59

4.34

0.68

4.46

1.47

6.20

10,059

11,359

10,068

11,400

10,148

11,9803 Years

NA NA NA NA NA NA5 Years

Since Inception 8.74 8.96 9.68 14,827 14,963 15,435

PeriodCAGR (%)



Ms. Ritu Modi is managing the above scheme from 1st November, 2019 and total no. of schemes managed by her is 6. Date of allotment is 20th Nov'2015, hence returns are

available only for 1 year, 3 years & since inception. Past performance may or may not be sustained in the future. Load is not taken into consideration for computation of

performance. The Mutual Fund is not guaranteeing or promising or forecasting any returns. * Benchmark, ** Additional Benchmark. NA : Not Available. The performance of the



Date of Allotment: November 20, 2015

Fund Size:

AUM as on 31/07/2020: ₹ 509.48 Cr


Load Structure:Entry Load: Exit Load: Nil Nil

Liquidity: The Units of the scheme will be listed on National Stock Exchange(NSE) & Bombay Stock Exchange Ltd.(BSE).


Minimum Investment (lumpsum): For Subscription / Redemption of units

directly with Mutual Fund : 50,000 units.

For Purchase through Stock Exchange: 1 unit


NAV as on July 31, 2020:NAV Regular Plan

Growth ₹ 116.4899

Expense Ratio: Regular: 0.10%(for detailed bifurcation on TER, please see page no 33)



13

Top 10 holdings


23.02%

16.25%

15.25%

11.70%

9.32%

5.61%

3.18%

2.82%

2.37%

2.23%

1.85%

1.06%

0.95%

0.59%

0.57%

0.57%

0.52%

0.48%

0.35%

0.34%

0.25%

Banks

Software

Petroleum Products


Finance

Auto

Pharmaceuticals

Telecom - Services


Cement

Power

Ferrous Metals

Consumer Durables

Oil

Pesticides

Minerals/Mining


Transportation

Gas



Equity Holdings

Auto 5.61%





Eicher Motors Ltd. 0.59%

Tata Motors Ltd. 0.39%

Banks 23.02%







Yes Bank Ltd. 0.00%

Cement 2.23%


Shree Cement Ltd. 0.63%

Grasim Industries Ltd. 0.56%







ITC Ltd. 3.63%



Britannia Industries Ltd. 0.96%



JSW Steel Ltd. 0.46%

Finance 9.32%

HDFC Ltd. 6.64%


Bajaj Finserv Ltd. 0.81%

HDFC Life Insurance Company Ltd. 0.01%

Gas 0.35%

GAIL (India) Ltd. 0.35%

Media & Entertainment 0.25%

Zee Entertainment Enterprises Ltd. 0.25%

Minerals/Mining 0.57%

Coal India Ltd. 0.57%



Oil 0.59%


Pesticides 0.57%

UPL Ltd. 0.57%



Bharat Petroleum Co. Ltd. 0.68%

Indian Oil Co. Ltd. 0.48%



Dr. Reddy's Laboratories Ltd. 1.17%

Cipla Ltd. 0.80%

Power 1.85%


NTPC Ltd. 0.89%

Software 16.25%

Infosys Ltd. 7.60%




Wipro Ltd. 0.90%

Telecom-Equipment & Accessories 0.34%

Bharti Infratel Ltd. 0.34%




Adani Ports & Special Economic Zone Ltd.0.48%



Grand Total 100.00%

The investment objective of the scheme is to provide returns that, closely correspond to the total returns of

the securities as represented by the S&P BSE SENSEX by holding S&P BSE SENSEX stocks in same

proportion, subject to tracking errors. However there is no assurance that the objective of the scheme will be

achieved.



SCHEME PERFORMANCE



Scheme S&P BSE Sensex TRI* S&P BSE Sensex TRI*Nifty 50 TRI** Nifty 50 TRI**Scheme

1 Year 1.34 1.47 0.68 10,134

11,969

10,148

11,980

10,068

11,4003 Years 6.17 6.20 4.46


Since Inception 9.44 9.49 8.78 15,238 15,272 14,814

PeriodCAGR (%)



Ms. Ritu Modi is managing the above scheme from 1st November, 2019 and total no. of schemes managed by her is 6. Date of allotment is 30th Nov'2015, hence returns are




Scheme Type: An open ended scheme replicating/tracking Sensex Index


Fund Size:

AUM as on 31/07/2020: ₹ 402.72 Cr




Benchmark: S&P BSE Sensex TRI


directly with Mutual Fund : ,000 units.2




Growth ₹ 398.3964




14

Top 10 holdings


25.43%

17.81%

16.24%

12.41%

10.52%

4.41%

3.30%

2.74%

1.91%

1.41%

1.13%

1.06%

0.66%

0.58%

Banks

Software

Petroleum Products


Finance

Auto

Telecom - Services


Power

Pharmaceuticals

Cement

Consumer Durables

Ferrous Metals

Oil

Equity Holdings

Auto 4.41%




Banks 25.43%







Cement 1.13%








ITC Ltd. 4.10%





Finance 10.52%

HDFC Ltd. 7.62%



Oil 0.58%






Power 1.91%


NTPC Ltd. 0.90%

Software 17.81%

Infosys Ltd. 8.94%








Grand Total 100.00%


securities as represented by NIFTY 100 Index, subject to tracking errors. However there is no assurance that

the objective of the scheme will be achieved.



SCHEME PERFORMANCE



Scheme NIFTY 100 TRI* NIFTY 100 TRI*NIFTY 50 TRI** NIFTY 50 TRI**Scheme

1 Year 0.81

3.47

1.10

3.76

0.68

4.46

10,081

11,078

10,110

11,172

10,068

11,4003 Years


Since Inception 10.39 10.77 10.72 15,411 15,646 15,612

PeriodCAGR (%)



Ms. Ritu Modi is managing the above scheme from 1st November, 2019 and total no. of schemes managed by her is 6. Date of allotment is 17th Mar'2016, hence returns are






Fund Size:

AUM as on 31/07/2020: ₹ 312.15 Cr






directly with Mutual Fund : 0,000 units.2,0



NAV as on July 31, 2020:NAV Regular Plan Growth ₹ 117.1532




15

Top 10 holdings


20.17%

14.46%

13.33%

12.80%

11.59%

5.14%

4.84%

2.43%

2.39%

2.05%

1.76%

1.09%

0.91%

0.89%

0.89%

0.83%

0.62%

0.57%

0.51%

0.50%

0.46%

0.38%

0.32%

0.21%

0.21%

0.20%

0.14%

Banks

Software

Petroleum Products


Finance

Pharmaceuticals

Auto

Telecom - Services

Cement


Power

Consumer Durables

Ferrous Metals

Gas


Transportation

Minerals/Mining

Retailing

Pesticides

Oil

Auto Ancillaries

Chemicals




Textile Products

Construction

Equity HoldingsAuto 4.84%Maruti Suzuki India Ltd. 1.55%Mahindra & Mahindra Ltd. 1.05%Bajaj Auto Ltd. 0.71%Hero MotoCo. Ltd. 0.65%Eicher Motors Ltd. 0.55%Tata Motors Ltd. 0.33%Auto Ancillaries 0.46%Bosch Ltd. 0.24%Motherson Sumi Systems Ltd. 0.22%Banks 20.17%HDFC Bank Ltd. 8.24%ICICI Bank Ltd. 4.15%Kotak Mahindra Bank Ltd. 3.65%Axis Bank Ltd. 1.80%State Bank of India 1.39%IndusInd Bank Ltd. 0.55%Bandhan Bank Ltd. 0.26%Bank of Baroda 0.07%Punjab National Bank 0.06%Yes Bank Ltd. 0.00%Cement 2.39%Ultratech Cement Ltd. 0.90%Shree Cement Ltd. 0.51%Grasim Industries Ltd. 0.46%Ambuja Cements Ltd. 0.32%ACC Ltd. 0.21%Chemicals 0.38%Pidilite Industries Ltd. 0.38%Construction 0.14%DLF Ltd. 0.14%Construction Project 2.05%Larsen & Toubro Ltd. 2.05%Consumer Durables 1.09%Titan Company Ltd. 0.83%Havells India Ltd. 0.27%Consumer Non Durables 12.80%Hindustan Unilever Ltd. 3.61%ITC Ltd. 3.14%Asian Paints Ltd. 1.45%Nestle India Ltd. 1.10%Britannia Industries Ltd. 0.84%Dabur India Ltd. 0.55%Godrej Consumer Products Ltd. 0.49%Colgate Palmolive (India) Ltd. 0.38%Marico Ltd. 0.37%United Spirits Ltd. 0.31%Berger Paints (I) Ltd. 0.21%United Breweries Ltd. 0.19%Procter & Gamble Hygiene&HealthCare Ltd. 0.16%Ferrous Metals 0.91%Tata Steel Ltd. 0.53%JSW Steel Ltd. 0.37%Finance 11.59%HDFC Ltd. 5.68%Bajaj Finance Ltd. 1.60%HDFC Life Insurance Company Ltd. 0.81%Bajaj Finserv Ltd. 0.71%SBI Life Insurance Company Ltd. 0.64%ICICI Lombard General Insurance Co. Ltd. 0.47%Piramal Enterprises Ltd. 0.30%ICICI Prudential Life Insurance Co Ltd. 0.28%Bajaj Holdings & Investment Ltd. 0.25%Muthoot Finance Ltd. 0.22%HDFC Asset Management Company Ltd. 0.21%

Shriram Transport Finance Company Ltd. 0.21%Power Finance Co. Ltd. 0.16%General Insurance Co. of India 0.06%Gas 0.89%Petronet LNG Ltd. 0.33%GAIL (India) Ltd. 0.32%Indraprastha Gas Ltd. 0.24%Industrial Capital Goods 0.21%Siemens Ltd. 0.21%Media & Entertainment 0.21%Zee Entertainment Enterprises Ltd. 0.21%Minerals/Mining 0.62%Coal India Ltd. 0.48%NMDC Ltd. 0.13%Non - Ferrous Metals 0.89%Hindalco Industries Ltd. 0.44%Vedanta Ltd. 0.35%Hindustan Zinc Ltd. 0.10%Oil 0.50%Oil & Natural Gas Co. Ltd. 0.50%Pesticides 0.51%UPL Ltd. 0.51%Petroleum Products 13.33%Reliance Industries Ltd. 12.07%Bharat Petroleum Co. Ltd. 0.58%Indian Oil Co. Ltd. 0.39%Hindustan Petroleum Co. Ltd. 0.30%Pharmaceuticals 5.14%Sun Pharmaceutical Industries Ltd. 1.09%Dr. Reddy's Laboratories Ltd. 0.99%Cipla Ltd. 0.70%Divi's Laboratories Ltd. 0.65%Lupin Ltd. 0.43%Aurobindo Pharma Ltd. 0.42%Biocon Ltd. 0.34%Torrent Pharmaceuticals Ltd. 0.21%Cadila Healthcare Ltd. 0.20%Abbott India Ltd. 0.13%Power 1.76%Power Grid Co. of India Ltd. 0.82%NTPC Ltd. 0.76%NHPC Ltd. 0.10%Adani Transmission Ltd. 0.09%Retailing 0.57%Avenue Supermarts Ltd. 0.57%Software 14.46%Infosys Ltd. 6.51%Tata Consultancy Services Ltd. 4.42%HCL Technologies Ltd. 1.42%Tech Mahindra Ltd. 0.80%Wipro Ltd. 0.78%Info Edge (India) Ltd. 0.41%Oracle Financial Services Software Ltd. 0.13%Telecom-Equipment & Accessories 0.32%Bharti Infratel Ltd. 0.32%Telecom - Services 2.43%Bharti Airtel Ltd. 2.43%Textile Products 0.20%Page Industries Ltd. 0.20%Transportation 0.83%Adani Ports & Special Economic Zone Ltd. 0.41%Container Co. Of India Ltd. 0.24%InterGlobe Aviation Ltd. 0.18%Equity Holdings Total 99.69%Cash & Other Receivables Total 0.31%Grand Total 100.00%


securities as represented by Nifty 8-13 yr G-Sec Index, subject to tracking errors. However there is no

assurance that the objective of the scheme will be achieved.

Company Rating % of NAV

98.07%

1.93%

Sovereign

Cash & Other Receivables

98.07%

1.93%

>365 days




SCHEME PERFORMANCE

MATURITY PROFILE (% of NAV) RATING PROFILE (% of NAV)

Scheme Nifty 8-13 yr G-Sec* Crisil 10 year Gilt Index** Crisil 10 year Gilt Index**Scheme Nifty 8-13 yr G-Sec*

1 Year 9.31 9.69 7.72 10,934 10,972 10,774

3 Years 7.99 8.36 6.85 12,596 12,728 12,203

9.09 9.45 8.40 15,455 15,714 14,9745 Years

Since Inception 8.92 9.27 8.32 16,141 16,435 15,655

PeriodCAGR (%)


stAbove returns are as on 31 July, 2020. Different plans shall have a different expense structure. The performance details provided herein are of Regular plan - Growth option. Mr. Marzban Irani is managing the above scheme from 10th August, 2016 and total no. of

schemes managed by him is 10. Date of allotment is 24th Dec'2014. Past performance may or may not be sustained in the future. Load is not taken into consideration for computation of performance. The Mutual Fund is not guaranteeing or promising or forecasting

any returns. * Benchmark, ** Additional Benchmark. NA : Not Available.

Scheme Type: An open ended scheme replicating/tracking Nifty 8-13 Yr G-Sec Index


Fund Size:

AUM as on 31/07/2020: ₹ 92.02 Cr



Benchmark: Nifty 8-13 yr G-Sec Index

Minimum Investment (lumpsum):For Subscription / Redemption of units directly with Mutual Fund : 1,00,000 units.

Fund Manager:Name: Mr. Marzban IraniExperience: years17+


Growth ₹ . 21 6450


Risk Measures:

Tracking Error: 1.57 %

Portfolio Metrics:Average Maturity 9.81 yearsMacaulay Duration 7.28 yearsModified Duration 7.07 yearsYTM 6.02%

16 Factsheet August, 2020

Government Bond & Treasury Bill

Government Bond

6.45% Govt of India Red 07-10-2029 SOV 36.71%





Government Bond Total 98.07%

Government Bond & Treasury Bill Total 98.07%

Cash & Other Receivables 1.93%

Grand Total 100.00%

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 Schemes will be realized.

stAbove returns are as on 31 July, 2020. Past performance may or may not be sustained in the future. # Crisil Hybrid 35 + 65 -Aggressive Index, ## Nifty 50 TRI. Assuming ₹

10,000/- invested systematically on the first Business Day of every month over a period of time. CAGR returns are computed after accounting for the cash by using XIRR

method (investment internal rate of return) for Regular Plan - Growth Option. Load is not taken into consideration for computation of performance. The above investment

simulation is for illustrative purpose only and should not be construed as a promise on minimum returns and safeguard of capital. The Mutual Fund is not guaranteeing or

promising or forecasting any returns. NA: Not Available. The performance of the scheme is benchmarked to the Total Return variant of the index. * Scheme data & TRI value of

the Index are not available for since inception, hence performance for such period is not available.

Frequency Ex Date Face Value ( )₹ Ex NAV ( )₹ Gross Dividend ( ) / Unit₹

Regular Dividend

July 30, 2020

July 30, 2020

January 28, 2020

10.0000

10.0000

10.0000

12.4056 0.1000

0.1100

Direct Dividend

10.0000

10.0000

10.0000

13.6229

15.2056

0.1000

0.1100

16.96%

2.72%

3.99%

76.34%


Up to 365 days

Equity Instruments

>365 days SIP Investments 1 Year 3 Years 5 Years 7 Years 10 Years Since Inception*


NA

NA

NA

NA


Returns (CAGR) (%) -0.31 1.80 3.77 4.70 6.16



12.34

7.88

6.42

3.14

8.23 9.24

6.83 7.88

9.90

9.05



SCHEME PERFORMANCE

SIP PERFORMANCE

MATURITY PROFILE (% of NAV)

DIVIDEND HISTORY



SchemeCRISIL Hybrid 35+65 -

Aggressive Index*CRISIL Hybrid 35+65 -

Aggressive Index*SchemeNifty 50 TRI** Nifty 50 TRI**

1 Year -0.09 6.95 0.68 9,991 10,697 10,068

3 Years 2.41 5.88 4.46 10,740 11,871 11,400

5 Years 3.46 8.20 6.66 11,857 14,833 13,811

Since Inception 8.14 NA 13.69 1,01,297 NA 4,47,020

PeriodCAGR (%)

Value of lumpsum investment of 10,000/- invested on ₹inception date

stAbove returns as on 31 July, 2020. Different plans shall have a different expense structure. The performance details provided herein are of Regular plan - Growth option. Mr.

Yogesh Patil (Equity Portfolio) is managing the above scheme from 4th October 2018 & Mr. Marzban Irani (debt portfolio) is managing the above scheme from 10th August,

2016. Total no. of schemes managed by Mr. Yogesh Patil is 6 and by Mr. Marzban Irani is 10. Past performance may or may not be sustained in the future. Load is not taken into

consideration for computation of performance. The Mutual Fund is not guaranteeing or promising or forecasting any returns. As the scheme was launched before the launch of

the benchmark index, benchmark index figures since inception or the required period are not available. * Benchmark, ** Additional Benchmark. NA : Not Available. The

performance of the scheme is benchmarked to the Total Return variant of the index. For complete detailed, please refer page no 33.

After payment of the dividend, the per Unit NAV falls to the extent of the payout and statutory levy (if applicable). There is no guarantee or assurance to the unitholders as to the rate/quantum of neither dividend distribution nor that the dividends be paid regularly. For complete dividend history please visit www.licmf.com.

Scheme Type: An open ended hybrid scheme investing predominantly in equity and equity related instruments.

Date of Allotment: January 01, 1991

Fund Size:

AUM as on 31/07/2020: ₹ 383.04 Cr


Benchmark: Crisil Hybrid 35 + 65 - Aggressive Index


Fund Manager:Name: Mr. (Equity) &Yogesh Patil Mr. Marzban Irani (Debt)Experience: years & 1 years respectively11+ 7+


Growth ₹ 101.2966 ₹ 108.7882

Dividend ₹ 12.4228 ₹ 13.6422

Expense Ratio: Regular: 2.55%; Direct: 1.38%

(for detailed bifurcation on TER, please see page no 33)


Risk Measures:Standard Deviation 4.46Portfolio Beta 1.04 Sharpe Ratio 0.0283

18


Exit Load




Top 10 holdings

February 26, 2020 13.7420


February 26, 2020 14.8845 0.1100

June 26, 2020 12.2634 0.1000

20.56%

14.18%

9.11%

7.06%

4.97%

4.60%

3.17%

2.98%

2.49%

2.45%

1.54%

0.73%

0.71%

0.70%

0.57%

0.36%

0.14%

Banks


Software

Finance

PharmaceuticalsFertilisers

TransportationGas

Consumer Durables

Auto

Commercial Services

Construction




Telecom - Services

Retailing

Equity HoldingsAuto 2.45%Maruti Suzuki India Ltd. 1.47%Hero MotoCo. Ltd. 0.98%Banks 20.56%HDFC Bank Ltd. 8.73%ICICI Bank Ltd. 6.27%Kotak Mahindra Bank Ltd. 4.95%City Union Bank Ltd. 0.61%Commercial Services 1.54%3M India Ltd. 1.54%Construction 0.73%Brigade Enterprises Ltd. 0.73%Construction Project 0.71%Ashoka Buildcon Ltd. 0.71%Consumer Durables 2.49%TTK Prestige Ltd. 0.92%Titan Company Ltd. 0.81%Relaxo Footwears Ltd. 0.76%Consumer Non Durables 14.18%Hindustan Unilever Ltd. 5.49%Nestle India Ltd. 2.60%Kansai Nerolac Paints Ltd. 2.38%Marico Ltd. 1.33%Asian Paints Ltd. 1.33%Dabur India Ltd. 1.06%Fertilisers 4.60%Coromandel International Ltd. 4.60%Finance 7.06%HDFC Ltd. 3.42%SBI Life Insurance Company Ltd. 1.31%ICICI Prudential Life Insurance Co Ltd. 0.88%ICICI Lombard General Insurance Co. Ltd. 0.84%Central Depository Services (I) Ltd. 0.61%Gas 2.98%Gujarat Gas Ltd. 1.08%Petronet LNG Ltd. 1.00%Mahanagar Gas Ltd. 0.90%Hotels & Other Recreational Activities 0.57%The Indian Hotels Company Ltd. 0.57%Industrial Capital Goods 0.70%Honeywell Automation India Ltd. 0.70%

Pharmaceuticals 4.97%Pfizer Ltd. 1.42%Abbott India Ltd. 1.22%Sanofi India Ltd. 1.21%Alkem Laboratories Ltd. 1.12%Retailing 0.14%Trent Ltd. 0.14%Software 9.11%Tata Consultancy Services Ltd. 4.61%Infosys Ltd. 3.81%Tech Mahindra Ltd. 0.70%Telecom - Services 0.36%Bharti Airtel Ltd. 0.36%Transportation 3.17%Container Co. of India Ltd. 2.45%Transport Co. of India Ltd. 0.72%Equity Holdings Total 76.34%Corporate DebtNon-Convertible DebenturesIndia Infradebt Ltd. 4.02%L&T Infra Debt Fund Ltd. 3.99%Export Import Bank of India 1.44%NTPC Ltd. 0.28%Non-Convertible Debentures Total 9.72%Corporate Debt Total 9.72%Government Bond & Treasury BillGovernment Bond6.18% Govt of India Red 04-11-2024 3.01%6.45% Govt of India Red 07-10-2029 1.62%6.79% Govt of India Red 26-12-2029 1.41%7.27% Govt of India Red 08-04-2026 1.35%6.68% Govt of India Red 17-09-2031 1.27%5.79% Govt of India Red 11-05-2030 1.06%7.26% Govt of India Red 14-01-2029 0.84%7.32% Govt of India Red 28-01-2024 0.28%8.60% Govt of India Red 02-06-2028 0.22%7.88% Govt of India Red 19-03-2030 0.15%Government Bond Total 11.22%Government Bond & Treasury Bill Total 11.22%Cash & Other Receivables Total 2.72%Grand Total 100.00%

The primary investment objective of the scheme is to seek to generate capital appreciation & provide long-

term growth opportunities by investing in a portfolio constituted of equity securities & equity related securities

and the secondary objective is to generate consistent returns by investing in debt and money market

securities. However there can be no assurance that the investment objective of the scheme will be achieved.



SCHEME PERFORMANCE

SECTOR ALLOCATION (% of NAV)Scheme CRISIL Hybrid 35+65 -

Aggressive Index*CRISIL Hybrid 35+65 -

Aggressive Index*SchemeNifty 50 TRI** Nifty 50 TRI**

1 Year 2.62 6.95 0.68 10,263 10,697 10,068

3 Years -0.66 5.88 4.46 9,802 11,871 11,400

5 Years 3.29 8.20 6.66 11,757 14,833 13,811


PeriodCAGR (%) Value of lumpsum investment of 10,000/- ₹

invested on inception date


Yogesh Patil (equity portfolio) is managing the above scheme from 4th October 2018 & Mr. Marzban Irani (debt portfolio) is managing the above scheme from 10th August, 2016.

Total no. of schemes managed by Mr. Yogesh Patil is 6 and by Mr. Marzban Irani is 10. Past performance may or may not be sustained in the future. Load is not taken into

consideration for computation of performance. The Mutual Fund is not guaranteeing or promising or forecasting any returns. As the scheme was launched before the launch of

the benchmark index, benchmark index figures since inception or the required period are not available. * Benchmark, ** Additional Benchmark. NA : Not Available. The

performance of the scheme is benchmarked to the Total Return variant of the index.

Scheme Type: An open ended fund for investment for children having a lock-in for at least 5 years or till the child attains age of majority (whichever is earlier)


Fund Size:

AUM as on 31/07/2020: ₹ 11.49 Cr


Load Structure:Entry Load: NilExit Load: Nil

Lock-in Period:- Lock-in-period for at least 5

years or till the child attains age of majority

whichever is earlier on every Business Day.





Growth ₹ 17.2381 ₹ 18.4797




Risk Measures (Equity portion):Standard Deviation 4.61

1.14Portfolio Beta Sharpe Ratio 0.- 0636


19

stAbove returns are as on 31 July, 2020. Past performance may or may not be sustained in the future. # CRISIL Hybrid 35+65 Aggressive Index, ## NIFTY 50 TRI. Assuming ₹

10,000/- invested systematically on the first Business Day of every month over a period of time.CAGR returns are computed after accounting for the cash by using XIRR

method (investment internal rate of return) for Regular Plan - Growth Option. Load is not taken into consideration for computation of performance. The above investment

simulation is for illustrative purpose only and should not be construed as a promise on minimum returns and safeguard of capital. The Mutual Fund is not guaranteeing or

promising or forecasting any returns. Since inception returns are assumed to be starting from the beginning of the subsequent month from the date of inception. The

performance of the scheme is benchmarked to the Total Return variant of the index.




Returns (CAGR) (%) 3.84 1.48 2.42 4.07 5.50 3.42



12.34 6.42 8.23 9.24 9.91

7.88 3.14 6.83 7.88 9.05

NA

12.86

SIP PERFORMANCE

Top 10 holdings


23.35%

17.66%

15.85%

7.82%

4.25%

3.40%

3.20%

3.15%

2.65%

2.52%

1.18%

0.94%

0.89%

0.72%

0.46%

Banks


Software

Finance

Pharmaceuticals

Auto

Fertilisers

Gas

Petroleum Products

Transportation

Consumer Durables

IndustrialCapital Goods

Power

Cement

Commercial Services

Equity Holdings

Auto 3.40%



Banks 23.35%






Cement 0.72%



3M India Ltd. 0.46%






Dabur India Ltd. 2.62%

Britannia Industries Ltd. 2.38%


Marico Ltd. 1.80%


Fertilisers 3.20%


Finance 7.82%



HDFC Ltd. 1.47%


Gas 3.15%


Indraprastha Gas Ltd. 1.11%

Industrial Capital Goods 0.94%

Honeywell Automation India Ltd. 0.94%






Pfizer Ltd. 1.32%

Power 0.89%


Software 15.85%

Infosys Ltd. 6.68%









Grand Total 100.00%

The investment objective of the scheme is to generate income by taking advantage of arbitrage opportunities that potentially exists between cash and derivative market and within the derivative segment of the equity market along with investments in debt securities & money market instruments. However, there can be no assurance that the investment objective of the scheme will be realized.




Scheme Type: An open ended scheme investing in arbitrage opportunities.

Date of Allotment: January 25, 2019

Fund Size:

AUM as on 31/07/2020: ₹ 41.11 Cr


Load Structure:Entry Load: NilExit Load: Ÿ For redemption/switch out of units within 15

days from the date of allotment: 0.50% of applicable NAV.

Ÿ For redemption/switch out of units between 15 days to 1 month from the date of allotment: 0.25% of applicable NAV.

Ÿ For redemption/switch out of units after 1 month from the date of allotment: Nil

Benchmark: Nifty 50 Arbitrage Index






20

LIC MF

An open ended scheme investing in arbitrage opportunities

RBITRAGE FUND

NAV as on :July 31, 2020

NAV Regular Plan Direct Plan

Growth ₹ 10.7680 ₹ 10.8737

Weekly Dividend ₹ 10.4761 ₹ 10.2189

Monthly Dividend ₹ 10.5204 ₹ 10.2247

Company Company% of NAV % of NAV% of NAV (hedged)

% of NAV (hedged)


Weekly

Weekly Direct

Monthly

Monthly Direct

May, 2020

October, 2019

August, 2019

July, 2019

29 July, 2020

29 October, 2019

25 February, 2020

30 December, 2019

0.0891

0.0066

0.0929

0.0485

0.0600

0.0600

0.0300

0.0600

0.0600

10.2263

10.3368

10.3583

10.3441

10.0000

10.0000

10.0000

10.0000

10.0000

10.0000

DIVIDEND HISTORY


Top 10 holdings

SCHEME PERFORMANCE

Scheme NIFTY 50 Arbitrage Index* NIFTY 50 Arbitrage Index*SchemeNifty 50 TRI** Nifty 50 TRI**

1 Year 4.32 3.12 0.68 10,433 10,313 10,068

3 Years NA NA NA NA NA NA

5 Years NA NA NA NA NA NA

Since Inception 5.01 4.71 3.08 10,768 10,723 10,471

PeriodCAGR (%) Value of lumpsum investment of 10,000/- ₹


stAbove returns are as on 31 July, 2020. Different plans shall have a different expense structure. The performance details provided herein are of Regular plan - Growth option. Mr. Yogesh Patil (equity portfolio) is managing the above scheme from 25th January 2019 & Mr. Marzban Irani (debt portfolio) is managing the above scheme from 25th January 2019. Total no. of schemes managed by Mr. Yogesh Patil is 6 and by Mr. Marzban Irani is 10. Past performance may or may not be sustained in the future. Load is not taken into consideration for computation of performance. The Mutual Fund is not guaranteeing or promising or forecasting any returns. Date of allotment is 25th Jan'2019, hence returns are available for 1 yr & since inception. * Benchmark, ** Additional Benchmark. NA : Not Available. The performance of the scheme is benchmarked to the Total Return variant of the index.

stAbove returns are as on 31 July, 2020. Past performance may or may not be

sustained in the future. # NIFTY 50 Arbitrage Index, ## NIFTY 50 TRI. Assuming ₹

10,000/- invested systematically on the first Business Day of every month over a

period of time.CAGR returns are computed after accounting for the cash by using

XIRR method (investment internal rate of return) for Regular Plan - Growth Option.

Load is not taken into consideration for computation of performance. The above

investment simulation is for illustrative purpose only and should not be construed

as a promise on minimum returns and safeguard of capital. The Mutual Fund is not

guaranteeing or promising or forecasting any returns. Since inception returns are

assumed to be starting from the beginning of the subsequent month from the date

of inception. The performance of the scheme is benchmarked to the Total Return

variant of the index.


Total Amount Invested ( )₹ 1,20,000 - 1,80,000

Market Value as on July 31, 2020 ( ) ₹ 1,22,333 1,86,087

Returns (CAGR) (%) 3.63 4.28



1.76

7.88

3.13

2.67

SIP PERFORMANCE

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

SIP Performance disclaimer:

March, 2020 0.0901

April, 2020 0.0268

25 February, 2020 10.1583


25 June, 2020 0.060010.2723

20.32%

15.77%

13.64%

11.82%

4.65%

2.48%

0.85%

0.36%

Petroleum Products

Pharmaceuticals


Finance

Cement

Banks

Consumer Durables

Gas

Equity Holdings

Banks 2.48% -2.50%

ICICI Bank Ltd. 2.20% -2.22%

State Bank of India 0.28% -0.28%

Cement 4.65% -4.67%

Ultratech Cement Ltd. 3.61% -3.63%

ACC Ltd. 1.04% -1.04%

Consumer Durables 0.85% -0.85%

Bata India Ltd. 0.85% -0.85%

Consumer Non Durables 13.64% -13.68%

Hindustan Unilever Ltd. 9.03% -9.07%

Tata Consumer Products Ltd. 3.09% -3.10%

Dabur India Ltd. 0.94% -0.94%

Godrej Consumer Products Ltd. 0.34% -0.34%

Colgate Palmolive (India) Ltd. 0.24% -0.24%

Finance 11.82% -11.88%

SBI Life Insurance Company Ltd. 5.16% -5.19%

Power Finance Co. Ltd. 3.54% -3.56%

HDFC Ltd. 3.12% -3.14%

Gas 0.36% -0.36%

Petronet LNG Ltd. 0.36% -0.36%

Petroleum Products 20.32% -20.43%

Hindustan Petroleum Co. Ltd. 8.61% -8.66%

Reliance Industries Ltd. 7.36% -7.40%

Bharat Petroleum Co. Ltd. 4.35% -4.37%

Pharmaceuticals 15.77% -15.85%

Aurobindo Pharma Ltd. 7.74% -7.78%

Cipla Ltd. 4.33% -4.35%

Cadila Healthcare Ltd. 2.08% -2.09%

Torrent Pharmaceuticals Ltd. 1.62% -1.63%

Equity Holdings Total 69.88% -70.23%

Fixed Deposits

Margin Fixed Deposit


Margin Fixed Deposit Total 25.54%

Fixed Deposits Total 25.54%


Grand Total 100.00%

An open ended scheme which seeks to generate long term capital appreciation and offer Tax benefits u/s

80C of the Income Tax Act as well as additional benefits of a life cover and free accident insurance cover.

stAbove returns are as on 31 July, 2020. Past performance may or may not be sustained in the future. # Crisil Hybrid 35 + 65 - Aggressive Index, ## Nifty 50 TRI. Assuming ₹

10,000/- invested systematically on the 15th Business Day of every month over a period of time. CAGR returns are computed after accounting for the cash by using XIRR

method (investment internal rate of return) for Regular Plan - Dividend re-investment Option. Load is not taken into consideration for computation of performance. Returns for

dividend option would assume reinvestment of dividends declared, net of dividend distribution tax, if any, at the then prevailing NAV. The above investment simulation is for

illustrative purpose only and should not be construed as a promise on minimum returns and safeguard of capital. The Mutual Fund is not guaranteeing or promising or

forecasting any returns. NA: Not Available. The performance of the scheme is benchmarked to the Total Return variant of the index. * Scheme data & TRI value of the Index are

not available for since inception, hence performance for such period is not available.

72.16%

6.10%

21.74%Up to 365 days

Equity Instruments


SIP Investments 1 Year 3 Years 5 Years 7 Years 10 Years Since Inception*


NA

NA

NA

NA


Returns (CAGR) (%) -5.14 -1.26 2.74 4.37 5.95



13.45

9.13

6.62

3.33

8.39 9.30

7.04 7.94

9.95

9.11



SCHEME PERFORMANCE

SIP PERFORMANCE




Scheme CRISIL Hybrid 35+65 - Aggressive Index* CRISIL Hybrid 35+65 - Aggressive Index*SchemeNifty 50TRI**

Nifty 50 TRI**

1 Year -3.14 6.95 0.68 9,685 10,697 10,068

3 Years 1.08 5.88 4.46 10,328 11,871 11,400

5 Years 3.20 8.20 6.66 11,706 14,833 13,811

Since Inception 8.88 NA NA 1,41,456 NA NA

PeriodCAGR (%)


stAbove returns are as on 31 July, 2020. Different plans shall have a different expense structure. The performance details provided herein are of Regular plan - Dividend Re-

investment option. Mr. Sachin Relekar (equity portfolio) is managing the above scheme from 5th March 2015 & Mr. Marzban Irani (debt portfolio) is managing the above scheme

from 10th August, 2016. Total no. of schemes managed by Mr. Sachin Relekar is 5 and by Mr. Marzban Irani is 10. Past performance may or may not be sustained in the future.

Load is not taken into consideration for computation of performance. Returns for dividend option would assume reinvestment of dividends declared, net of dividend distribution

tax, if any, at the then prevailing NAV. The Mutual Fund is not guaranteeing or promising or forecasting any returns. As the scheme was launched before the launch of the

benchmark index, benchmark index figures since inception or the required period are not available. * Benchmark, ** Additional Benchmark. NA : Not Available. NA : Not

Available. The performance of the scheme is benchmarked to the Total Return variant of the index.

Scheme Type: An open-ended insurance linked tax saving scheme

Date of Allotment: June 19, 1989

Fund Size:

AUM as on 31/07/2020: ₹ 275.10 Cr



Liquidity: Repurchase after lock-in period of 3 years from the date of Investment.


Minimum Investment (lumpsum):

₹10,000/- under Single Premium Option,

₹10,000/-under Regular Premium-Yearly Option,

₹3,000/-under Regular Premium-Quarterly

Option

₹1,000/-under Regular Premium-Monthly Option

Fund Manager:Name: Mr. Sachin Relekar (Equity) & Mr. Marzban Irani (Debt)Experience: years & 1 years respectively13+ 7+


Dividend ₹ 17.4790 ₹ 18.5424




Risk Measures:Standard Deviation 4 5.1Portfolio Beta 1.24Sharpe Ratio -0.0168

21

Top 10 holdings


17.77%

9.01%

7.99%

6.04%

5.83%

5.11%

4.97%

3.96%

3.19%

2.98%

1.64%

1.16%

0.99%

0.82%

0.71%

Banks

Software

Finance

Pharmaceuticals


Chemicals

Retailing

Petroleum Products

Telecom - Services

Consumer Durables

Auto

Construction

Commercial Services

Industrial Products


Equity Holdings

Auto 1.64%


Banks 17.77%




Chemicals 5.11%


Atul Ltd. 1.82%



3M India Ltd. 0.99%

Construction 1.16%




Bajaj Electricals Ltd. 0.94%





Finance 7.99%




HDFC Ltd. 0.54%




Supreme Industries Ltd. 0.82%










Retailing 4.97%


Trent Ltd. 1.33%

Software 9.01%

Infosys Ltd. 5.06%






Treasury Bill

364 Days Tbill Red 03-09-2020 9.06%

91 Days Tbill Red 10-09-2020 9.06%

91 Days Tbill Red 03-09-2020 3.62%

Treasury Bill Total 21.74%



Grand Total 100.00%

The primary objective of the scheme is to generate credit risk free and reasonable returns for its investors

through investments in sovereign securities issued by the central and /or state Government and/or any

security unconditionally guaranteed by the central/ state government for repayment of Principal and interest

and/or reverse repos in such securities as and when permitted by RBI. However, there is no assurance that

the investment objective of the Schemes will be realized.



Quarterly (Regular) 10.0000 0.1500

10.0000 0.1500

December 28, 2017

September 29, 2017

June 29, 2017

March 27, 2018

December 28, 2017

September 29, 2017

10.0000 10.4179

10.8006

10.9665

0.1500

Quarterly (Direct) 10.0000 0.1500

10.0000 0.1500

10.0000 10.9575

10.9013

11.2701

0.1500

Quarterly (PF) December 27, 2012 10.0000 11.1882 0.2500

March 28, 2013 10.0000 10.1606 1.0000

June 26, 2013 10.0000 10.0868 0.3000

86.79%

13.21%

>365 days


86.79%

13.21%

Sovereign




SCHEME PERFORMANCE

DIVIDEND HISTORY


RATING PROFILE (% of NAV)

Scheme I-Sec Composite Index*

Crisil 10 yr Gilt Index**

Crisil 10 yr Gilt Index**

Scheme I-Sec Composite Index*

1 Year 9.91 7.72 10,994 10,774

3 Years 8.33 6.85 12,717 12,203

5 Years 8.80 8.40 15,255 14,974

Since Inception 7.80 NA

9.88

9.36

11.26

NA 47,190 NA

16,029

13,083

11,129

NA

PeriodCAGR (%)



Marzban Irani is managing the above scheme from 10th August, 2016 and total no. of schemes managed by him is 10. Past performance may or may not be sustained in the

future. Load is not taken into consideration for computation of performance. The Mutual Fund is not guaranteeing or promising or forecasting any returns. As the scheme was

launched before the launch of the benchmark index, benchmark index figures since inception or the required period are not available. * Benchmark, ** Additional Benchmark.

NA : Not Available.


Scheme Type: An open ended debt scheme investing in government securities across maturity.


Fund Size:

AUM as on 31/07/2020: ₹ 60.21 Cr



Exit Load: 0.25% if exit within 30 days from date of

allotment of units

Benchmark: I-Sec Composite Index



Expense Ratio:Regular: 1.48; Direct: 0.76%(for detailed bifurcation on TER, please see page no 33)

Portfolio Metrics:Average Maturity 6.25 yearsMacaulay Duration 4.92 yearsModified Duration 4.79 yearsYTM 5.26%


NAV Regular Plan Direct Plan PF

Growth ₹ 47.1896 ₹ 50.1795 ₹ 27.2550

Dividend ₹ 13.6024 ₹ 14.4716 ₹17.6367



Government Bond











Grand Total 100.00%

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 also seeks to generate capital appreciation by

investing some percentage in a mix of equity instruments. However, there is no assurance that the

investment objective of the Schemes will be realized.

The Dhanvarsha - 12 Scheme has been converted into an open-ended monthly income plan w.e.f. 1/6/03.


Yearly 10.0000

10.0000

March 26, 2019

March 27, 2018

April 28, 2017

10.0000 10.8612

11.2243

11.3750

0.8400

0.6000

0.6000

Yearly Direct 10.0000

10.0000

0.6000

March 26, 2019

March 27, 2018

April 28, 2017

10.0000 11.3539

11.6343

11.7005

0.8400

0.6000

Monthly 10.0000

10.0000

July 29, 2020 10.0000 11.3141 0.0600

0.0600

Monthly Direct 10.0000

10.0000

10.0000

July 29, 2020 11.0902 0.0600

0.0600

Quarterly 10.0000

June 26, 2020

September 25, 2019

10.0000

10.0000

11.1417

10.9671

0.1800

0.1800

0.1800

Quarterly Direct 10.0000

June 28, 2018

March 27, 2018

Dec 28, 2017

10.0000

10.0000

10.8458

11.0687

11.2582

0.1500

0.1500

0.1500

75.11%

19.75%

5.14%

>365 days

Equity Instruments




SCHEME PERFORMANCE



DIVIDEND HISTORY


Scheme CRISIL Hybrid 85+15-Conservative Index*

CRISIL Hybrid 85+15-Conservative Index*

CRISIL 10 year Gilt Index**

CRISIL 10 year Gilt Index**Scheme

1 Year 8.43 11.54 7.72 10,845 11,157 10,774

3 Years 6.01 8.27 6.85 11,915 12,694 12,203

5 Years 6.42 9.35 8.40 13,657 15,645 14,974

Since Inception 8.45 NA NA 60,432 NA NA

Period

CAGR (%) Value of lumpsum investment of 10,000/- ₹invested on inception date


Yogesh Patil (equity portfolio) is managing the scheme from 4th October 2018 & Mr. Marzban Irani (debt portfolio) is managing the scheme from 10th August, 2016. Total no. of

schemes managed by Mr. Yogesh Patil is 6 and by Mr. Marzban Irani is 10. Past performance may or may not be sustained in the future. Load is not taken into consideration for

computation of performance. The Mutual Fund is not guaranteeing or promising or forecasting any returns. As the scheme was launched before the launch of the benchmark

index, benchmark index figures since inception or the required period are not available. * Benchmark, ** Additional Benchmark. NA : Not Available. The performance of the


66.68%

19.75%

8.43%

5.14%

AAA/A1+ and Equivalent

Sovereign

Equity Instruments



Scheme Type: An open ended hybrid scheme investing predominantly In debt instruments


Fund Size:

AUM as on 31/07/2020: ₹ 65.32 Cr


Benchmark: Crisil Hybrid 85 + 15 - Conservative Index


Fund Manager:Name: Mr. Marzban Irani (Debt) & Mr. Yogesh Patil (Equity); Experience: 17+ years & 11+ years respectively

Expense Ratio:Regular: 2.25%; Direct: 1.23%(for detailed bifurcation on TER, please see page no 33)

Portfolio Metrics:Average Maturity 4.96 yearsMacaulay Duration 4.13 yearsModified Duration 4.01 yearsYTM 5.20 %



Growth ₹ 60.4317 ₹ 64.0245


Quarterly Dividend ₹ 11.4469 ₹ 12.9406

Yearly Dividend ₹ 12.1788 ₹ 12.8438

23


Exit Load




Top 10 holdings

February 25, 2020 10.8822

February 25, 2020 11.1347

December 31, 2019 11.0677


June 25, 2020 10.8180 0.0600

June 25, 2020 11.0426 0.0600

Equity Holdings

Auto 0.96%


Ashok Leyland Ltd. 0.05%

Banks 4.16%






Gas 0.76%







Abbott India Ltd. 0.48%

Software 7.46%

Infosys Ltd. 4.44%




Corporate Debt

Non-Convertible Debentures

State Bank of India - Tier II Bonds (Under Basel III) 8.33%

NTPC Ltd. 0.10%

Non-Convertible Debentures Total 8.43%

Corporate Debt Total 8.43%


Government Bond

7.27% Govt of India Red 08-04-2026 28.36%

6.18% Govt of India Red 04-11-2024 20.07%

7.32% Govt of India Red 28-01-2024 10.77%

6.45% Govt of India Red 07-10-2029 5.54%

8.30% Govt of India Red 02-07-2040 1.10%

7.26% Govt of India Red 14-01-2029 0.83%




Grand Total 100.00%

LIC MF Bond fund is an open-ended debt scheme which will endeavor to generate an attractive return for its

investors by investing in a portfolio is between 4 years and 7 years. However, there is no assurance that the

investment objective of the Schemes will be realized.


Daily * 10.0000 0.2000

10.0000 0.2000

March 27, 2018

December 28, 2017

September 29, 2017

10.0000 10.1018

10.1514

10.4690

0.1700

Daily Direct * June 29, 2016 10.0000 10.5374 0.2000

September 28, 2016 10.0000 10.9559 0.2000

January 3, 2017 10.0000 11.0619 0.2000


91.92%

8.08%

>365 days


83.02%

8.90%

8.08%

AAA / A1+ and Equivalent

Sovereign




SCHEME PERFORMANCE

DIVIDEND HISTORY



SchemeCRISIL Composite Bond Fund Index*

CRISIL 10 year Gilt Index**

CRISIL 10 year Gilt Index**Scheme

CRISIL Composite Bond Fund Index*

1 Year 9.97 12.25 7.72 10,999 11,229 10,774

3 Years 7.26 8.71 6.85 12,341 12,849 12,203

5 Years 7.72 9.49 8.40 14,510 15,740 14,974

Since Inception 8.56 NA NA 56,674 NA NA

PeriodCAGR (%)

Value of lumpsum investment of 10,000/- invested ₹on inception date



future. Load is not taken into consideration for computation of performance. The Mutual Fund is not guaranteeing or promising or forecasting any returns. As the scheme was

launched before the launch of the benchmark index, benchmark index figures since inception or the required period are not available. * Benchmark, ** Additional Benchmark.

NA : Not Available.


Scheme Type: An open ended medium term debt scheme investing in instruments with Macaulay Duration of the portfolio is between 4 years and 7 years (please refer page no 35 of SID)

Date of Allotment: June 23,1999

Fund Size:

AUM as on 31/07/2020: ₹ 178.37 Cr



Exit Load: 1% if redeemed or switched out on or

before completion of 1 year from the date of

allotment of units.

Benchmark: Crisil Composite Bond Fund Index







Growth ₹ 56.6740 ₹ 59.0913

Dividend ₹ 12.4226 ₹ 14.2819

24

An open-ended medium-term debt scheme investing in instruments with macaulay duration of the portfolio is between 4 years and 7 years (Please refer page no. 35 of SID)


Corporate Debt


State Bank of India - Tier II Bonds (Under Basel III) ICRA AAA 3.05%

NABARD ICRA AAA 2.96%

HDFC Ltd. CRISIL AAA 2.88%




Government Bond











State Government Bond

8.35% Gujarat Sdl Red 06-03-2029 SOV 15.82%

8.25% Gujarat Sdl Red 02-01-2029 SOV 15.70%

7.98% Gujarat Sd Red 11-05-2026 SOV 0.33%

State Government Bond Total 31.86%



Grand Total 100.00%

The primary investment objective of the Scheme is to seek to generate income and capital appreciation by primarily investing in a portfolio of high quality debt and money market securities that are issued by banks, public sector undertakings, public financial institutions and Municipal Bonds. There is no assurance that the investment objective of the Scheme will be realized.


Daily *

July,2020 0.0735

Daily Direct *

August,2019

July,2019

January,2019

0.1008

0.3321

0.0351

Weekly *

July,2020 0.0614

Weekly Direct *

July, 2020 0.0764

Monthly

July 29, 2020

January 27, 2020

10.0000

10.0000

10.0000

10.7950

10.3373

0.0600

0.0600

Monthly Direct

July 29, 2020 10.0000

10.0000

10.0000

10.9239 0.0600

0.0600

0.0600

77.98%

12.63%

5.03%

Up to 91 days


> 365 Days

83.41%

12.22%

4.37%

AAA/ A1+ and Equivalent

Sovereign




SCHEME PERFORMANCE

DIVIDEND HISTORY



SchemeNifty Banking & PSU Debt Index*

Nifty Banking & PSU Debt Index*

CRISIL 1 year T-Bill Index**


Scheme

1 Year 9.63 11.37 7.24 10,965 11,140 10,727

3 Years 8.58 7.96 7.05 12,805 12,587 12,270

5 Years 8.09 8.32 7.04 14,760 14,917 14,055

Since Inception 7.80 8.69 6.58 26,897 29,981 23,145

PeriodCAGR (%)




future. Load is not taken into consideration for computation of performance. The Mutual Fund is not guaranteeing or promising or forecasting any returns. * Benchmark, **

Additional Benchmark.

* Dividend under Daily and Weekly Plan are cumulative dividend declared during the month. After payment of the dividend, the per Unit NAV falls to the extent of the payout and statutory levy (if applicable). There is no guarantee or assurance to the unitholders as to the rate/quantum of neither dividend distribution nor that the dividends be paid regularly. For complete dividend history please visit www.licmf.com.

Scheme Type: An open ended debt scheme predominantly investing in debt instruments of banks, public sector undertakings, public financial institutions and municipal bonds.

Date of Allotment: May 31, 2007

Fund Size:

AUM as on 31/07/2020: ₹ 1,660.50 Cr: ₹ 1,617.98 CrAverage AUM for July 2020


Benchmark: Nifty Banking and PSU Debt Index


Fund Manager:Name: Mr. Marzban Irani Experience: 17+ years





Growth ₹ 26.8967 ₹ 28.2634

Daily Dividend ₹ 10.5755 ₹ 11.6228



25

Company CompanyRating Rating% of NAV % of NAV

May,2020 0.0930

4.37%

> 91 days up to 365 Days

February 25, 2020 10.5497

May, 2020 0.1905

May,2020 0.0664


June 25, 2020 10.8725

June, 2020 0.1260

June,2020 0.0660

February 25, 2020 10.3929 0.0600

June,2020 0.0788

Corporate Debt




Indian Railway Finance Co. Ltd. CRISIL AAA 8.57%

Power Finance Co. Ltd. CRISIL AAA 8.23%

Export Import Bank of India CRISIL AAA 6.60%

National Housing Bank CRISIL AAA 5.93%

REC Ltd. CRISIL AAA 5.66%

Indian Oil Co. Ltd. CRISIL AAA 5.33%

Reliance Industries Ltd. CRISIL AAA 3.79%

Power Grid Co. of India Ltd. CRISIL AAA 3.68%

NTPC Ltd. CRISIL AAA 2.67%

Housing & Urban Devl Co. Ltd. CARE AAA 1.58%

Housing & Urban Devl Co. Ltd. ICRA AAA 1.55%



Money Market Instruments

Certificate of Deposit

Axis Bank Ltd. CRISIL A1+ 4.20%

Small Industries Devel Bank of India CRISIL A1+ 2.53%

Certificate of Deposit Total 6.74%

Commercial Paper

Bharat Petroleum Co. Ltd. CRISIL A1+ 4.52%

Commercial Paper Total 4.52%

Money Market Instruments Total 11.25%


Government Bond





Treasury Bill

182 Days Tbill Red 06-08-2020 SOV 3.01%





Grand Total 100.00%

The primary investment objective of the scheme is to generate returns commensurate with risk from a

portfolio constituted of Debt securities and/or Money Market instruments. However, there can be no

assurance that the investment objective of the scheme will be achieved.

79.07%

15.38%

5.55%Cash & Other Receivables

> 365 Days

Up to 365 Days






Scheme Type: An Open Ended Short Term Debt scheme investing in instruments with Macaulay duration between 1 year and 3 years. (please refer page no 35 of SID)

Date of Allotment: February 1, 2019

Fund Size:

AUM as on 31/07/2020: ₹ 307.95 Cr



Benchmark: CRISIL Short Term Bond Fund Index


Fund Manager:Name: Mr. Marzban Irani Experience: 17+ years





Growth ₹ 11.5061 ₹ 11.6889

Dividend ₹ 11.5061 ₹ 11.6889

26

70.97%

23.48%

5.55%



Sovereign

SCHEME PERFORMANCE

Scheme CRISIL Short TermBond Fund Index*

CRISIL Short TermBond Fund Index*



Scheme

1 Year 9.09 11.16 7.24 10,912 11,120 10,727

3 Years NA NA

NA NA

NA NA

NA NA

NA NA

NA NA5 Years

Since Inception 9.83 11.20 7.43 11,506 11,722 11,132

PeriodCAGR (%)



Marzban Irani is managing the above scheme from 1st February, 2019 and total no. of schemes managed by him is 10. Past performance may or may not be sustained in the

future. Load is not taken into consideration for computation of performance. Date of allotment is 1st Feb '2019, hence returns are available for 1 yr & since inception. The Mutual

Fund is not guaranteeing or promising or forecasting any returns. * Benchmark, ** Additional Benchmark.


Corporate Debt



Export Import Bank of India CRISIL AAA 6.86%




Indian Oil Co. Ltd. CRISIL AAA 5.07%


NTPC Ltd. CRISIL AAA 3.69%

Power Grid Co. of India Ltd. CRISIL AAA 3.55%


India Infradebt Ltd. ICRA AAA 3.33%

L&T Infra Debt Fund Ltd. CRISIL AAA 3.30%






Small Industries Development Bank of India CRISIL A1+ 2.22%



Commercial Paper





Government Bond







Grand Total 100.00%

The investment objective of the scheme is to generate returns through investment in Debt & Money Market instruments such that the Macaulay duration of the portfolio is between 3 months - 6 months. However, there is no assurance or guarantee that the investment objective of the Scheme will be achieved. The scheme does not assure or guarantee any returns.

87.84%

10.16%


> 365 Days

Up to 365 Days






Scheme Type: An Open Ended Ultra Short Term Debt scheme investing in instruments with Macaulay duration between 3 months - 6 months (Please refer Page No. 45)


Fund Size:

AUM as on 31/07/2020: ₹ 61.19 Cr



Benchmark: CRISIL Ultra Short Term Debt Index


Fund Manager:Name: Mr. Rahul Singh Experience: 12+ years


Portfolio Metrics:Average Maturity 101 daysMacaulay Duration 99 daysModified Duration 95 daysYTM 3.69 %

27

70.33%

27.68%


Sovereign



Growth ₹ 1033.2359 ₹ 1035.2589

Daily Dividend ₹ 1014.4617 ₹ 1003.4409

Weekly Dividend ₹ 1014.9403 ₹ 1015.3077

Monthly Dividend ₹ 1033.2553 ₹ 1035. 2439


DIVIDEND HISTORY


SCHEME PERFORMANCE

SchemeCRISIL Ultra ShortTerm Debt Index*

CRISIL Ultra ShortTerm Debt Index*

CRISIL 1 Year T-Bill Index**


Scheme

1 Year

7 Days

3 Years

15 Days

NA

NA

10,230

10,003

10,012

10,036

10,144

NA

NA

NA

4.62

2.87

2.96

4.20

5.71

NA

NA

NA

10,354

10,007

10,016

10,051

10,191

NA

NA

NA

7.10

3.59

3.87

5.96

7.57

NA

NA

NA

10,381

10,005

10,004

10,030

10,094

NA

NA

NA

7.64

2.86

1.01

3.54

3.74

NA5 Years

1 Month

3 Months

6 Months

Since Inception 4.95 6.97 6.99 10,495 10,697 10,699

PeriodCAGR (%)


stAbove returns are as on 31 July, 2020. Different plans shall have a different expense structure. The performance details provided herein are of Regular plan - Growth option. Mr. Rahul Singh is managing the above scheme from 27th November, 2019 and total no. of schemes managed by him is 4. Past performance may or may not be sustained in the future. Load is not taken into consideration for computation of performance. The Mutual Fund is not guaranteeing or promising or forecasting any returns. Since respective schemes have not completed relevant period (6 months, 1 year, 3 years or 5 years) after allotment or units were not available throughout the respective period, no returns are available. * Benchmark, ** Additional Benchmark. NA : Not Available.

Value of lumpsum investment of 10,000/- ₹

Daily *

July,2020 4.9257

Daily Direct *

July,2020

January,2020

January,2020

June,2020

3.4843

3.1319

3.2627

5.8688

Weekly * December,2019 4.8927

Weekly Direct *


May,2020 5.6327

February,2020 5.2183


June,2020 10.2153

An Open Ended Ultra Short Term Debt scheme investing in instruments with Macaulay duration between 3 months to 6 months (Please refer page no. 45 of SID)


June,2020 3.7751

June,2020 7.4000

Corporate Debt


National Highways Authority of India CRISIL AAA 5.10%






NABARD CRISIL A1+ 9.80%

Bandhan Bank Ltd. ICRA A1+ 8.12%

ICICI Bank Ltd. ICRA A1+ 5.64%



Commercial Paper

ONGC Mangalore Petrochemicals Ltd. ICRA A1+ 9.80%

NTPC Ltd. FITCH A1+ 8.13%

Axis Finance Ltd. FITCH A1+ 8.10%

Export Import Bank of India CRISIL A1+ 5.68%

Birla Group Holdings Pvt Ltd. CRISIL A1+ 3.25%




Treasury Bill






Grand Total 100.00%



*Daily SIP is available in select schemes only.

The investment objective of the Scheme is to generate income by investing in a portfolio of quality short term debt securities. However, there is no assurance that the investment objective of the Schemes will be realized.


Daily *

Daily Direct *

July,2020 0.1620

Weekly *

July,2020

May,2019

0.0834

0.0565

Weekly Direct *

March,2020

May,2019

0.0056

0.0641

Monthly 10.0000

July 29, 2020 10.0000

10.0000

10.6709 0.0600

0.0600

Monthly Direct July 24, 2013 10.0000 10.0500 0.0025

August 27, 2013 10.0000 10.1434 0.0913

September 1, 2013 10.0000 10.0631 0.1319

52.80%

28.84%

20.69%

-2.33%

Up to 91 days

> 365 Days

> 91 days up to 365 Days




SCHEME PERFORMANCE


RATING PROFILE (% of NAV)DIVIDEND HISTORY

79.68%

21.37%

1.27%


Sovereign


SchemeCRISIL Low

Duration Debt Index*CRISIL Low

Duration Debt Index*CRISIL 1 Year T-Bill Index**


Scheme

1 Year

6 Months

3 Months

1 Month

15 Days

7 Days

8.25

9.20

14.14

18.44

2.90

2.59

8.35

8.72

10.98

8.31

3.92

4.06

7.24

7.64

3.74

3.54

1.01

2.86

10,827

10,459

10,356

10,157

10,012

10,005

10,838

10,435

10,277

10,071

10,016

10,008

10,72710,381

10,094

10,030

10,004

10,005

3 Years 6.12 7.94 7.05 11,954 12,577 12,270

5 Years 6.75 8.13 7.04 13,865 14,788 14,055

Since Inception 6.71 7.42 6.12 30,454 34,136 27,716

PeriodCAGR (%)


stAbove returns are as on 31 July, 2020. Different plans shall have a different expense structure. The performance details provided herein are of Regular plan - Growth option. Mr. Rahul Singh is managing the above scheme from 7th September, 2015 and total no. of schemes managed by him is 4. Past performance may or may not be sustained in the future. Load is not taken into consideration for computation of performance. The Mutual Fund is not guaranteeing or promising or forecasting any returns. *Benchmark, **Additional Benchmark.


Scheme Type: An open ended low duration debt scheme investing in instruments with Macaulay Duration of the portfolio is between 6 months and 12 months (please refer page no 27 of SID)


Fund Size:

AUM as on 31/07/2020: ₹ 838.94 Cr


Load Structure:Entry Load: Nil Exit Load: Nil, w.e.f. 15th October 2019

Benchmark: CRISIL Low Duration Debt Index


Fund Manager:Name: Mr. Rahul Singh

12+ yearsExperience:





Growth ₹ 30.4535 ₹ 32.0534

Daily Dividend ₹ 10.4492 ₹ 10.1000


Monthly Dividend ₹ 10.6766 ₹ 16. 7494

28

Valuation haircut deviation. The details available on AMC Website under the link:https://www.licmf.com/assets/pdf/statuary_disclosure_new/38/1561125176-Update-on-Exposures-in-Dewan-Housing-F inance-Corporat ion-L imi ted-(DHFL)-21.06.2019.pdf

Security Desc

11.55% DEWAN

HSG FIN 12-09-19

P 12-09-17

9.1% DEWAN

HSG FIN NCD

RED 16-08-2019

9.1% DEWAN

HSG FIN NCD

SR I 09-09-2019

Face Value Receivable 2,500.00 2,500.00 500.00

Interest Receivable 128.95 227.50 45.38

Total Receivable 2,628.95 2,727.50 545.38

% of NAV as on 31.07.2020 3.13% 3.25% 0.65%

Securities in default beyond its maturity date:

# Disclaimer

# Disclaimer


July,2020 0.1350

-2.33%

AA+/AA


May,2020 0.0855

May,2020 0.0219

Feb 25, 2020 10.3808


June,2020 0.0966

June,2020 0.0578

August,2019 0.0380

June 25, 2020 10.5557 0.0600

Corporate Debt


Bajaj Finance Ltd. CRISIL AAA 6.31%



NABARD CRISIL AAA 3.10%


National Highways Authority of India CRISIL AAA 2.73%


HDB Financial Services Ltd. CRISIL AAA 1.87%

State Bank of India - Additional Tier I Bonds (Under Basel III)

CRISIL AA+ 1.09%


Mahindra & Mahindra Fin Serv Ltd CARE AAA 0.63%


HDFC Bank Ltd. - Additional Tier I Bonds (Under Basel III)

CRISIL AA+ 0.17%








ICICI Bank Ltd. ICRA A1+ 2.53%


Commercial Paper

Indian Oil Co. Ltd. CRISIL A1+ 5.96%

Reliance Jio Infocomm Ltd. CRISIL A1+ 5.32%


ONGC Mangalore Petrochemicals Ltd. ICRA A1+ 2.98%

Tata Power Company Ltd. CRISIL A1+ 2.97%






Government Bond

8.12% Govt Of India Red 10-12-2020 SOV 12.11%


Treasury Bill





Cash & Other Receivables Total -2.33%

Grand Total 100.00%

https://www.licmf.com/assets/pdf/statuary_disclosure_new/38/1561125176-Update-on-Exposures-in-Dewan-Housing-Finance-Corporation-Limited-(DHFL)-21.06.2019.pdf




The investment objective of the Scheme is to provide reasonable returns commensurate with low risk and

providing a high level of liquidity, through investments made primarily in overnight securities having

maturity/residual maturity of 1 business day. However, there can be no assurance that the investment

objective of the scheme will be achieved.



Company % of NAV

Scheme Type: An open-ended debt scheme investing in overnight securities.

Date of Allotment: July 18, 2019

Fund Size:

AUM as on 31/07/2020: ₹ 1,185.14 Cr

: 1,645.28 CrAverage AUM for July 2020 ₹


Benchmark: NIFTY 1D Rate Index





Portfolio Metrics:Average Maturity 1 dayMacaulay Duration 1 dayModified Duration 1 dayYTM 3.17 %

29

An open ended debt scheme investing in overnight securities

LIC MF

FUNDVERNIGHT



Growth ₹ 1044.0545 ₹ 1045.4675

Daily Dividend ₹ 1000.0000 ₹ 1000.0000

Weekly Dividend - ₹ 1000.2512

Dividend ₹1044.2570 ₹ 1045.2098


Daily *

Daily Direct *

Weekly Direct *

July, 2020

July, 2020

July, 2020

2.4522

2.3310

2.4220

DIVIDEND HISTORY


SCHEME PERFORMANCE

SchemeNIFTY 1D

Rate Index*NIFTY 1D

Rate Index*CRISIL 1 Year T-Bill Index**


Scheme

1 Year

7 Days 2.94 3.16 2.86 10,006 10,006 10,005

3 Years

15 Days 2.95 10,012

10,025

10,072

10,415

NA

10,164

NA

2.91

2.85

4.14

NA

3.29

NA

3.17 10,013

10,027

10,076

10,427

NA

10,169

NA

3.13

3.03

4.26

NA

3.39

NA

1.01 10,004

10,030

10,094

10,727

NA

10,381

NA

3.54

3.74

7.24

NA

7.64

NA5 Years

1 Month

3 Months

6 Months

Since Inception 4.24 4.31 7.23 10,441 10,448 10,752

PeriodCAGR (%)


stAbove returns are as on 31 July, 2020. Different plans shall have a different expense structure. The performance details provided herein are of Regular plan - Growth option. Mr. Rahul Singh is managing the above scheme from 18th July, 2019 and total no. of schemes managed by him is 4. Since respective schemes have not completed relevant period (1yr, 3yr or 5yr) after allotment or units were not available throughout the respective period, no returns are available. Past performance may or may not be sustained in the future. Load is not taken into consideration for computation of performance. The Mutual Fund is not guaranteeing or promising or forecasting any returns. * Benchmark, ** Additional Benchmark. NA : Not Available.


75.57%

24.43%Up to 365 days


75.57%

24.43%AAA/A1+ and Equivalent





Grand Total 100.00%

May, 2020 2.4541

May, 2020 2.3017

May, 2020 2.2278


June, 2020 2.2001

June, 2020 2.7962

June, 2020 2.2167

An open ended scheme which seeks to generate reasonable returns with low risk and high liquidity through

judicious mix of investment in money market instruments and quality debt instruments. However, there is no

assurance that the investment objective of the Schemes will be realized.


Daily *

July, 2020 2.9920

Daily Direct *

July, 2020 3.1257

81.66%

4.88%

13.46%

Up to 60 days

> 60 Days




SCHEME PERFORMANCE

DIVIDEND HISTORY



62.22%

24.31%


Sovereign


SchemeCRISIL Liquid Fund Index*

CRISIL Liquid Fund Index*



Scheme

1 Year

7 Days

5.31

3.03

5.53

3.64

7.24

2.86

10,532

10,006

10,555

10,007

10,727

10,005

3 Years

15 Days

6.50

3.12

6.72

3.75

7.05

1.01

12,080

10,013

12,157

10,015

12,270

10,004

5 Years

1 Month

3 Months

6 Months

6.85

3.21

4.04

4.99

6.96

3.88

4.56

5.04

7.04

3.54

3.74

7.64

13,930

10,027

10,102

10,249

14,002

10,033

10,115

10,251

14,055

10,030

10,094

10,381

Since Inception 7.26 NA 6.14 36,268 NA 29,922

PeriodCAGR (%)


stAbove returns are as on 31 July, 2020. Different plans shall have a different expense structure. The performance details provided herein are of Regular plan - Growth option. Mr. Rahul Singh is managing the above scheme from 5th October, 2015 and total no. of schemes managed by him is 4. Past performance may or may not be sustained in the future. Load is not taken into consideration for computation of performance. The Mutual Fund is not guaranteeing or promising or forecasting any returns. As the scheme was launched before the launch of the benchmark index, benchmark index figures since inception or the required period are not available. * Benchmark, ** Additional Benchmark. NA : Not Available.


Scheme Type: An open-ended liquid scheme


Fund Size:

AUM as on 31/07/2020: ₹ 11,182.09 Cr: ₹ 10,644.94 CrAverage AUM for July 2020

Load Structure:Entry Load: Nil Exit Load:

Benchmark: Crisil Liquid Fund Index








Growth ₹ 3626.8310 ₹ 3656.7680

Dividend ₹ 1098.0000 ₹ 1098.0000

30



Investor exit uponSubscription

Exit load as a % ofredemption / switch out

proceeds

Day 1 0.0070%

Day 2 0.0065%

Day 3 0.0060%

Day 4 0.0055%

Day 5 0.0050%

Day 6 0.0045%

Day 7 onwards 0.0000%

w.e.f. 20th October 2019

May, 2020 4.6508

May, 2020 4.5142


June, 2020 3.7321

June, 2020 3.6060




IDFC First Bank Ltd. CRISIL A1+ 3.57%

NABARD CRISIL A1+ 1.96%



Commercial Paper

Reliance Jio Infocomm Ltd. CRISIL A1+ 5.39%

Indian Oil Co. Ltd. CRISIL A1+ 5.36%

NTPC Ltd. FITCH A1+ 5.08%

Ultratech Cement Ltd. CRISIL A1+ 4.02%

HDFC Ltd. CARE A1+ 3.74%

Oil & Natural Gas Co. Ltd. ICRA A1+ 3.13%

National Housing Bank CRISIL A1+ 2.67%



Chennai Petroleum Co. Ltd. ICRA A1+ 1.79%

Hero FinCo. Ltd. CRISIL A1+ 1.79%

Kotak Securities Ltd. ICRA A1+ 1.79%

Tata Motors Finance Ltd. ICRA A1+ 1.78%

Aditya Birla Finance Ltd. ICRA A1+ 1.78%

ONGC Mangalore Petrochemicals Ltd.

ICRA A1+ 1.51%


Berger Paints (I) Ltd. CRISIL A1+ 1.38%

Kotak Mahindra Investments Ltd. CRISIL A1+ 1.12%

Tata Power Company Ltd. CRISIL A1+ 1.12%




Treasury Bill






84 Days Cmb Red 20-08-2020 SOV 2.23%






Grand Total 100.00%

Comparative Performance of Open Ended Schemes st(as on 31 July, 2020)

1 Year 3 Years 5 Years Since Inception

LIC MF Multi Cap Fund

LIC MF Arbitrage Fund


-0.08

4.32

4.32

1.12

NA

NA

5.71

5.01

5.01

2.26

NA

NA

Nifty 500 TRI #

NIFTY 50 Arbitrage Index #

NIFTY 50 Arbitrage Index #

0.98

3.12

3.12

2.08

NA

NA

NA

4.71

4.71

6.17

NA

NA

NIFTY 50 TRI ##

NIFTY 50 TRI ##

NIFTY 50 TRI ##

0.68

0.68

0.68

4.46

NA

NA

12.02

3.08

3.08

6.66

NA

NA

LIC MF Banking & Financial Services Fund -19.56 -2.59-10.59 -2.40

Nifty Financial Services TRI # -15.24 7.671.99 8.03

NIFTY 50 TRI ## 0.68 6.664.46 6.80

LIC MF Index Fund - Sensex Plan 0.80 4.96 12.275.77

S&P BSE Sensex TRI # 1.47 6.20 16.647.33

NIFTY 50 TRI ## 0.68 4.46 15.886.66

LIC MF Index Fund - Nifty Plan -0.21 3.07 11.405.16

NIFTY 50 TRI # 0.68 4.46 15.886.66

S&P BSE Sensex TRI ## 1.47 6.20 16.647.33

LIC MF Equity Hybrid Fund -0.09 2.41 8.143.46

CRISIL Hybrid 35+65 - Aggressive Index # 6.95 5.88 NA8.20

NIFTY 50 TRI ## 0.68 4.46 13.696.66

LIC MF Debt Hybrid Fund 8.43 6.01 8.456.42

CRISIL Hybrid 85+15 - Conservative Index # 11.54 8.27 NA9.35

CRISIL 10 year Gilt Index ## 7.72 6.85 NA8.40

LIC MF Children's Gift Fund 2.62 -0.66 2.953.29


NIFTY 50 TRI ## 0.68 4.46 15.246.66

LIC MF G-Sec Long Term Exchange Traded Fund 9.31 7.99 8.929.09

Nifty 8-13 yr G-Sec Index # 9.69 8.36 9.279.45

CRISIL 10 year Gilt Index ## 7.72 6.85 8.328.40

LIC MF Equity Hybrid Fund -0.09 2.41 8.143.46


NIFTY 50 TRI ## 0.68 4.46 13.696.66

LIC MF Unit Linked Insurance Scheme -3.14 1.08 8.883.20


NIFTY 50 TRI ## 0.68 4.46 NA6.66

LIC MF Government Securities Fund 9.91 8.33 7.808.80

I-Sec Composite Index # 11.26 9.36 NA9.88


LIC MF Debt Hybrid Fund 8.43 6.01 8.456.42

CRISIL Hybrid 85+15 - Conservative Index # 11.54 8.27 NA9.35


LIC MF Bond Fund 9.97 7.26 8.567.72

CRISIL Composite Bond Fund Index # 12.25 8.71 NA9.49


LIC MF Children's Gift Fund 2.62 -0.66 2.953.29


NIFTY 50 TRI ## 0.68 4.46 15.246.66

LIC MF Banking & PSU Debt Fund 9.63 8.58 7.808.09

Nifty Banking and PSU Debt Index # 11.37 7.96 8.698.32

CRISIL 1 Year T-Bill Index ## 7.24 7.05 6.587.04

LIC MF Large Cap Fund 1.67 2.44 3.804.23

Nifty 100 TRI # 1.10 3.76 NA6.70

NIFTY 50 TRI ## 0.68 4.46 9.626.66

LIC MF Large & Mid Cap Fund 1.41 1.28 7.076.70

Nifty LargeMidcap 250 TRI # 1.93 1.44 6.496.66

NIFTY 50 TRI ## 0.68 4.46 5.756.66

LIC MF Infrastructure Fund -11.02 -4.71 1.65-0.58

Nifty Infrastructure TRI # 3.94 -0.62 -0.730.75

NIFTY 50 TRI ## 0.68 4.46 8.656.66

LIC MF Tax Plan -3.59 1.09 8.133.90

Nifty 500 TRI # 0.98 2.08 13.876.17

NIFTY 50 TRI ## 0.68 4.46 12.386.66

LIC MF Exchange Traded Fund - Nifty 50 0.59 4.34 8.74NA

NIFTY 50 TRI # 0.68 4.46 8.96NA

S&P BSE Sensex TRI ## 1.47 6.20 9.68NA

LIC MF Exchange Traded Fund - Sensex 1.34 6.17 9.44NA

S&P BSE Sensex TRI # 1.47 6.20 9.49NA

NIFTY 50 TRI ## 0.68 4.46 8.78NA

LIC MF Exchange Traded Fund - Nifty 100 0.81 3.47 10.39NA

NIFTY 100 TRI # 1.10 3.76 10.77NA

NIFTY 50 TRI ## 0.68 4.46 10.72NA

LIC MF Unit Linked Insurance Scheme -3.14 1.08 8.883.20

Crisil Hybrid 35 + 65 - Aggressive Index # 6.95 5.88 NA8.20

NIFTY 50 TRI ## 0.68 4.46 NA6.66

LIC MF Savings Fund 8.25 6.12 6.716.75

CRISIL Low Duration Debt Index # 8.35 7.94 7.428.13


LIC MF Liquid Fund 5.31 6.50 7.266.85

Crisil Liquid Fund Index # 5.53 6.72 NA6.96


October 5, 2015

CAGR (%)

March 5, 2015

March 5, 2015

September 7, 2015

August 10, 2016

August 10, 2016

August 10, 2016

March 5, 2015

March 5, 2015

March 1, 2013

Funds managed by Mr. Sachin Relekar

Funds managed by Mr. Rahul Singh

Funds managed by Ms. Ritu Modi

August 10, 2016

August 10, 2016

August 10, 2016

August 10, 2016

August 10, 2016

November 12, 2001

May 31, 2007

September 1, 1994

February 25, 2015

December 24, 2014

January 1, 1991

June 19, 1989

December 10, 1999

June 9, 2003

March 18, 2002

Scheme managed by the current Fund Manager since

October 4, 2018

January 25, 2019

January 25, 2019

October 4, 2018

November 1, 2019

November 1, 2019

November 1, 2019

November 1, 2019

November 1, 2019

October 4, 2018

October 4, 2018

October 4, 2018

Funds managed by Mr. Yogesh Patil

March 24, 2008

March 31, 1997

November 20, 2015

November 30, 2015

March 17, 2016

June 19, 1989

June 23, 1999

Date of Inception

April 15, 1993

January 25, 2019

January 25, 2019

June 1, 1998

March 27,2015

December 5, 2002

December 5, 2002

January 1, 1991

June 1, 1998

November 12, 2001

Funds managed by Mr. Marzban Irani

LIC MF Short Term Debt Fund 9.09 NA 9.83NA

CRISIL Short Term Bond Fund Index # 11.16 NA 11.20NA

CRISIL 1 Year T-Bill Index ## 7.24 NA 7.43NA

February 1, 2019February 1, 2019


Past performance may or may not be sustained in the future. Load is not taken into consideration for computation of performance. The Mutual Fund is not guaranteeing or promising or

forecasting any returns. Different plans shall have a different expense structure. The performance details provided herein are of Regular plan - Dividend Re-investment option for LIC MF

ULIS & Regular Plan - Growth option for others schemes. Since respective schemes have not completed relevant period (1yr, 3yr or 5yr) after allotment or units were not available throughout

the respective period, no returns are available. In case, the start/end date of the concerned period is a nonbusiness date, the NAV of the previous date is considered for computation of

returns. The performance of the scheme is benchmarked to the Total Return variant of the index. As the scheme was launched before the launch of the benchmark index, benchmark index

figures since inception or the required period are not available. Since LIC MF Overnight Fund and LIC MF Ultra Short Term Fund are in existence for less than 1 year, as per SEBI regulation

performance of the scheme cannot be shown. NA : Not Available. # Benchmark. ## Additional Benchmark.

Total Expense Ratios st(as on 31 July, 2020)

1. Base TER excludes additional expenses provided in Regulation 52(6A)(b) and 52(6A)(c) of SEBI (Mutual Funds) Regulations, 1996 and Goods and Services Tax (GST) on investment and advisory fees as per

applicable rate. 2. Additional Expenses not exceeding 0.30% in terms of Regulation 52(6A)(b) of SEBI (Mutual Funds) Regulations, 1996. 3. Additional Expenses not exceeding 0.05% in terms of Regulation 52(6A)(c) of

SEBI (Mutual Funds) Regulations, 1996. 4. Present GST rate is 18%. 5. Percentages mentioned above are annualized. 6. Base TER of direct plan shall have a lower expense ratio excluding distribution expenses,

commission, etc., and no commission shall be paid from such plans.

Scheme NameBase TER

(%)1

Additional

expense as per

Regulation

52(6A)(b) (%)2

Additional

expense as per

Regulation

52(6A)© (%)3

GST (%)4Total TER

(%)

Base TER

(%)1

Additional

expense as per

Regulation

52(6A)(b) (%)2

Additional

expense as per

Regulation

52(6A)© (%)3

GST (%)4Total TER

(%)

Regular Plan Direct Plan

LIC MF Banking & Financial Services Fund 2.25 0.07 0.05

0.20 2.57

1.28 - 0.05 0.19 1.52

LIC MF Equity Hybrid Fund 2.25 0.07

0.05

0.18

2.55

1.15

- 0.05 0.18 1.38

LIC MF Infrastructure Fund 2.25 0.04

0.05

0.18

2.52

1.03

- 0.05 0.15 1.23

LIC MF Large & Mid Cap Fund 2.18

0.18

0.12

0.12

0.05

0.11

2.52

0.82

- 0.05 0.11 0.98

LIC MF Large Cap Fund 2.25

0.05

0.21

2.63

1.34

- 0.05 0.21 1.60

LIC MF Multicap Fund 2.25 0.05

0.05

0.23

2.58

1.41

- 0.05 0.22 1.68

LIC MF Tax Plan 2.25

-

0.16

2.53

1.13

- - 0.16 1.29

LIC MF Index Fund- Sensex Plan 1.00

- 0.03

0.05

1.08

0.50

- 0.030.05 0.58

LIC MF Index Fund-Nifty Plan 1.00

-

- 0.03

1.03

0.45

- - 0.03 0.48

LIC MF Children's Gift Fund 2.25 0.02

-

0.15

2.42

1.28

- - 0.14 1.42

LIC MF Unit Linked Insurance Scheme 2.25 0.05

-

0.02

2.32

1.19

- - 0.02 1.21

LIC MF ETF-Nifty 100 0.25

-

- 0.01

0.26

-

- - - -

LIC MF ETF-Nifty 50 0.10

-

- -

0.10

-

- - - -

LIC MF ETF-Sensex 0.10 - - - 0.10 - - - - -

LIC MF G-Sec Long Term ETF 0.25 - - 0.02 0.27 - - - - -

LIC MF Banking & PSU Debt Fund 0.80 - - 0.03 0.83 0.25 - - 0.03 0.28

LIC MF Bond Fund 1.07 - - 0.01 1.08 0.17 - - 0.01 0.18

LIC MF Debt Hybrid Fund 2.00 - 0.05 0.20 2.25 1.02 - 0.05 0.16 1.23

LIC MF Govt. Securities Fund 1.35 - 0.05 0.08 1.48 0.63 - 0.05 0.08 0.76

LIC MF Liquid Fund 0.24 -

-

-

-

0.01 0.25 0.10 -

-

-

-

0.01 0.11

LIC MF Savings Fund


LIC MF Short Term Debt Fund

LIC MF Overnight Fund

LIC MF Ultra Short Term Fund

0.80

1.00

1.40

0.20

0.40

-

-

-

-

-

-

-

-

-

-

0.03

0.02

0.04

-

0.01

0.83

1.02

1.44

0.20

0.41

0.25

0.45

0.35

0.07

0.20

-

-

-

-

-

-

-

-

-

-

0.03

0.02

0.04

-

0.01

0.28

0.47

0.39

0.07

0.21

Disclaimer for Index TRI

As TRI data is not available since inception of LIC MF Equity Hybrid Fund, benchmark performance is calculated using composite CAGR of Nifty 50 PRI values from date 1-Jan-1991 to date 30-Jun-1999 and TRI values since date 30-Jun-1999

(1) LIC MF Equity Hybrid Fund

(2) LIC MF Multi Cap Fund

(3) LIC MF Large Cap Fund

(4) LIC MF Tax Plan

As TRI data is not available since inception of LIC MF Multicap Fund, benchmark performance is calculated using composite CAGR of Nifty 50 PRI values from date 15-Apr-1993 to date 30-Jun-1999 and TRI values since date 30-Jun-1999

As TRI data is not available since inception of LIC MF Large Cap Fund, benchmark performance is calculated using composite CAGR of Nifty 50 PRI values from date 01-Sep-1994 to date 30-Jun-1999 and TRI values since date 30-Jun-1999

As TRI data is not available since inception of LIC MF Tax Plan, benchmark performance is calculated using composite CAGR of Nifty 50 PRI values from date 31-Mar-1997 to date 30-Jun-1999 and TRI values since date 30-Jun-1999

The benchmark of LIC MF Large Cap Fund, LIC MF Multi Cap Fund, LIC MF Large & Mid Cap Fund, LIC MF Banking and Financial Services Fund, LIC MF

Infrastructure Fund, LIC MF Tax Plan, LIC MF Banking & PSU Debt Fund, LIC MF Savings Fund have been changed w.e.f. 4th June, 2018. For further details, please

visit www.licmf.com

33

Summary : Key Features of the Schemes st(as on 31 July, 2020)

RP: Regular Plan, DP: Direct Plan, SIP: Systematic Investment Plan, STP: Systematic Transfer Plan, SWP: Systematic Withdrawal Plan. For Current Expense ratio details of all the Schemes, Investors are requested to

visit www.licmf.com. Direct Plan is a separate plan for direct investments i.e. investments not routed through a distributor. Note: Investors are advised to refer to the Scheme Information Document (SID), Key Information

Memorandum (KIM) and addenda issued from time to time, to know the terms and features of the schemes as prevailing on the date of submission of application for subscription/redemption/switch. Investors are requested

to read the relevant notice and addenda to the SID and KIM available at www.licmf.com for further details. #Any day SIP date is applicable from 1st to 28th. Any day SIP is not applicable for LIC MF Unit Linked Insurance

Scheme.

Scheme Name LIC MF Multi Cap Fund LIC MF Large Cap Fund LIC MF Large & Mid Cap FundLIC MF Banking & Financial ServicesFund

Scheme TypeAn Open Ended Equity Scheme Investing Across Large Cap, Mid Cap, Small Cap Stocks

An Open Ended Equity Scheme Predominantly Investing In Large Cap Stocks

An Open Ended Equity Scheme Investing In Both Large Cap And Mid Cap Stocks

An Open Ended Equity Scheme Investing In Banking & Financial Companies

Allotment Date April 15, 1993 September 1, 1994 February 25, 2015 March 27, 2015

Ideal Investment Horizon 3 Years Plus 3 Years Plus 3 Years Plus 3 Years Plus

Plan Available RP/DP RP/DP RP/DP RP/DP

Option Available Growth/Dividend Growth/Dividend Growth/Dividend Growth/Dividend

Benchmark Nifty 500 TRI Nifty 100 TRI Nifty LargeMidcap 250 TRI Nifty Financial Services TRI

Min Investment Amt(lumpsum) ₹ 5000 ₹ 5000 ₹ 5000 ₹ 5000

Min Additional Amt(lumpsum)

₹ 500 ₹ 500 ₹ 500 ₹ 500

Min Redemption Amt ₹ 500 ₹ 500 ₹ 500 ₹ 500

SIP dates Any day# Any day# Any day# Any day#

SIP Frequency Daily / Monthly / Quarterly Daily / Monthly / Quarterly Daily / Monthly / Quarterly Daily / Monthly / Quarterly

Min SIP Amountthereafter, 2) Monthly - ₹ 1000/- & in

1) Daily - ₹ 300/- & in multiples of ₹ 1/-

multiples of ₹ 1/- thereafter, 3) Quarterly -

₹ 3000/- & in multiples of ₹ 1/- thereafter.

thereafter, 2) Monthly - ₹ 1000/- & in












Fund Manager Mr. Yogesh PatilMr. Sachin RelekarMs. Ritu Modi (Co-Fund Manager)

Mr. Sachin Relekar Mr. Yogesh Patil

Entry Load NIL NIL NIL NIL

Exit Load

• 0.25% if redeemed or switch out onor before completion of 7 Days fromthe date of allotment of units• Nil after 7 days

Riskometer Risk - Moderately High Risk - Moderately High Risk - Moderately High Risk - High

Facility Available SIP/STP/SWP SIP/STP/SWP SIP/STP/SWP SIP/STP/SWP

Scheme Name LIC MF Infrastructure Fund LIC MF Tax Plan LIC MF Index Fund - Nifty Plan LIC MF Index Fund - Sensex Plan

Scheme Type An Open Ended Equity Scheme Investing In Infrastructure Companies

An Open Ended Equity Linked Saving Scheme With A Statutory Lock In Of 3 Years And Tax Benefit

An Open Ended Scheme Replicating/Tracking Nifty 50 Index

An Open Ended Scheme Replicating/Tracking S & P Bse Sensex

Allotment Date March 24, 2008 March 31, 1997 December 5, 2002 December 5, 2002

Ideal Investment Horizon 3 Years Plus 3 Years Plus 3 Years Plus 3 Years Plus


Option Available Growth/Dividend Growth/Dividend Growth/Dividend Growth/Dividend

Benchmark Nifty Infrastructure TRI Nifty 500 TRI Nifty 50 TRI S&P BSE Sensex TRI

Min Investment Amt ₹ 5000 ₹ 500 ₹ 5000 ₹ 5000

Min Additional Amt (lumpsum) ₹ 500 ₹ 500 ₹ 500 ₹ 500

Min Redemption Amt (lumpsum) ₹ 500 ₹ 500 ₹ 500 ₹ 500

SIP dates Any day# Any day# Any day# Any day#

SIP Frequency Daily / Monthly / Quarterly Daily / Monthly / Quarterly Daily / Monthly / Quarterly Daily / Monthly / Quarterly

Min SIP Amount

Fund Manager Mr. Sachin Relekar Mr. Sachin Relekar Ms. Ritu Modi Ms. Ritu Modi


Exit Load NIL (subject to lock-in period of 3 years)

Riskometer Risk - High Risk - Moderately High Risk - Moderately High Risk - Moderately High

Facility Available SIP/STP/SWP SIP/STP/SWP SIP/STP/SWP SIP/STP/SWP

















34
















• 0.25% if redeemed or switch out onor before completion of 7 Days fromthe date of allotment of units• Nil after 7 days


Summary : Key Features of the Schemes st(as on 31 July, 2020)

RP: Regular Plan, DP: Direct Plan, SIP: Systematic Investment Plan, STP: Systematic Transfer Plan, SWP: Systematic Withdrawal Plan. For Current Expense ratio details of all the Schemes, Investors are requested to

visit www.licmf.com. Direct Plan is a separate plan for direct investments i.e. investments not routed through a distributor. Note: Investors are advised to refer to the Scheme Information Document (SID), Key Information

Memorandum (KIM) and addenda issued from time to time, to know the terms and features of the schemes as prevailing on the date of submission of application for subscription/redemption/switch. Investors are requested

to read the relevant notice and addenda to the SID and KIM available at www.licmf.com for further details. #Any day SIP date is applicable from 1st to 28th. Any day SIP is not applicable for LIC MF Unit Linked Insurance

Scheme.

Scheme NameLIC MF Exchange Traded Fund - Nifty 100


LIC MF Exchange Traded Fund - Sensex

Scheme TypeAn Open Ended Scheme Replicating/Tracking Nifty 100 Index

An Open Ended Scheme Replicating/Tracking Nifty 50 Index

An Open Ended Scheme Replicating/Tracking Sensex Index

Allotment Date March 17, 2016 November 20, 2015 November 30, 2015

Ideal Investment Horizon 3 Years Plus 3 Years Plus 3 Years Plus

Plan Available RP RP RP

Option Available Growth Growth Growth

Benchmark Nifty 100 TRI Nifty 50 TRI S&P BSE Sensex TRI

Min Investment Amt(lumpsum)

For Subscription / Redemption of units directly with MF : 2,00,000 units. For purchase through Stock Exchange : 1 unit

For Subscription / Redemption of units directly with MF : 50,000 units. For purchase through Stock Exchange : 1 unit

For Subscription/ Redemption of units directly with MF : 2,000 units. For purchase through Stock Exchange : 1 unit

Min Additional Amt(lumpsum)Min Redemption Amt(lumpsum)

SIP dates

SIP Frequency

Min SIP Amount

Fund Manager Ms. Ritu Modi Ms. Ritu Modi Ms. Ritu Modi

Entry Load NIL

- - -

-

-

- - -

- -

- -

-

-

-

-

-

-

NIL NIL

Exit Load NIL NIL NIL

Riskometer Risk - Moderately High Risk - Moderately High Risk - Moderately High

Facility Available

Scheme Name LIC MF Equity Hybrid Fund LIC MF Debt Hybrid FundLIC MF Unit Linked InsuranceScheme

LIC MF Children's Gift Fund

Scheme TypeAn Open Ended Hybrid Scheme Investing Predominantly In Equity And Equity Related Instruments

An Open Ended Hybrid Scheme Investing Predominantly In Debt Instruments

An Open-Ended Insurance Linked Tax Saving Scheme

An Open Ended Fund For Investment For Children Having A Lock-In for at least 5 Years Or Till The Child Attains Age Of Majority (Whichever Is Earlier)

Allotment Date January 01, 1991 June 01, 1998 June 19, 1989 November 12, 2001

Ideal Investment Horizon 3 Years Plus 1 Year Plus 3 Years Plus 5 Years Plus


Option Available Growth/Dividend Growth/Dividend Dividend Reinvestment Growth

Benchmark Crisil Hybrid 35 + 65 - Aggressive Index Crisil Hybrid 35 + 65 - Aggressive Index Crisil Hybrid 35 + 65 - Aggressive IndexCrisil Hybrid 85 + 15 - Conservative Index

Min Investment Amt(lumpsum)

₹ 5000 ₹ 5000

₹ 10,000/- under Single Premium Option, ₹ 10,000/- under Regular Premium - Yearly option, ₹ 1,000/- under Regular Premium - Monthly Option

₹ 5000

Min Additional Amt (lumpsum) ₹ 500 ₹ 500 ₹ 500

Min Redemption Amt (lumpsum) ₹ 500 ₹ 500 ₹ 1000 ₹ 500

SIP dates Any day# Any day# 15th Any day#

SIP Frequency Daily / Monthly / Quarterly Daily / Monthly / Quarterly Monthly / Quarterly Daily / Monthly / Quarterly

Min SIP Amount1) Monthly - ₹ 1000/- 2) Quarterly - ₹ 3000/-

Fund ManagerMr. Yogesh Patil (Equity), Mr. Marzban Irani (Debt)

Mr. Marzban Irani (Debt), Mr. Yogesh Patil (Equity)

Mr. Sachin Relekar (Equity), Mr. Marzban Irani (Debt)

Mr. Marzban Irani (Debt), Mr. Yogesh Patil (Equity)


Exit Load NIL (subject to lock-in period of 3 years) NILLock-in Period:- at least 5 years or till the child attains age of majority whichever is earlier on every Business Day).

Riskometer Risk - Moderately High Risk - Moderate Risk - Moderately High Risk - Moderately High

Facility Available SIP/STP/SWP SIP/STP/SWP SIP SIP/STP/SWP













LIC MF Government Securities Fund

An Open Ended Debt Scheme Investing in Government Securities Across Maturity

December 10, 1999

3 Years Plus

RP/DP

Growth/Dividend/PF

I-Sec Composite Index

₹ 10000

₹ 500

₹ 500

Any day#

Monthly / Quarterly

1) Monthly - ₹ 1000/- & in multiples of ₹ 1/- thereafter, 2) Quarterly - ₹ 3000/- & in multiples of ₹ 1/- thereafter

Mr. Marzban Irani

NIL

0.25% if exit within 30 days from the date of allotment of units

Risk - Moderate

SIP/STP

LIC MF G-Sec Long Term Exchange Traded

Fund

An Open Ended Scheme Replicating / Tracking Nifty 8-13 Yr G-Sec Index

December 24, 2014

3 Years Plus

RP

-

-

-

-

-

-

Growth

Nifty 8-13 yr G-Sec Index

For Subscription / Redemption of units directly with MF : 1,00,000 units. For purchase through Stock Exchange : 1 unit

Mr. Marzban Irani

NIL

NIL

Risk - Moderate

35








Summary : Key Features of the Schemes

RP: Regular Plan, DP: Direct Plan, SIP: Systematic Investment Plan, STP: Systematic Transfer Plan, SWP: Systematic Withdrawal Plan. For Current Expense ratio details of all the Schemes, Investors are requested to visit www.licmf.com. Direct Plan is a separate plan for direct investments i.e. investments not routed through a distributor. Note: Investors are advised to refer to the Scheme Information Document (SID), Key Information Memorandum (KIM) and addenda issued from time to time, to know the terms and features of the schemes as prevailing on the date of submission of application for subscription/redemption/switch. Investors are requested to read the relevant notice and addenda to the SID and KIM available at www.licmf.com for further details. #Any day SIP date is applicable from 1st to 28th. Any day SIP is not applicable for LIC MF Unit Linked Insurance Scheme.

Scheme Name

Scheme Name

LIC MF Liquid Fund

LIC MF Arbitrage Fund LIC MF Short Term Debt Fund LIC MF Overnight Fund

LIC MF Savings Fund LIC MF Banking & PSU Debt Fund

Scheme Type

Scheme Type

An Open-Ended Liquid Scheme

An open ended scheme investing in arbitrage opportunities

An Open Ended Short Term Debt scheme investing in instruments with Macaulay duration between 1 year and 3 years (Please refer Page No 35 of SID)

An open-ended debt scheme investing in overnight securities.

An Open Ended Low Duration Debt Scheme Investing In Instruments With Macaulay Duration Of The Portfolio Is Between 6 Months And 12 Months (Please refer Page No.27)

An Open Ended Debt Scheme Predominantly Investing In Debt Instruments Of Banks, Public Sector Undertakings, Public Financial Institutions And Municipal Bonds

Allotment Date

Allotment Date

March 18, 2002

January 25, 2019 February 01, 2019 July 18, 2019

June 09, 2003 May 31, 2007

Ideal Investment Horizon

Ideal Investment Horizon

1 Day Plus

1 Day Plus1 Year Plus 3 Years Plus

6 Months Plus 3 Years Plus

Plan Available

Plan Available

RP/DP

RP/DP RP/DP RP/DP

RP/DP RP/DP

Option Available

Option Available

Growth/Dividend

Growth/Dividend Growth/Dividend Growth/Dividend

Growth/Dividend Growth/Dividend

Benchmark

Benchmark

Crisil Liquid Fund Index

Nifty 50 Arbitrage Index Crisil Short Term Bond Fund Index NIFTY 1D Rate Index

CRISIL Low Duration Debt Index Nifty Banking and PSU Debt Index

Min Investment Amt (lumpsum)

Min Investment Amt (lumpsum)

₹ 5000

₹ 5000 ₹ 5000 ₹ 5000

₹ 5000 ₹ 5000

Min Additional Amt (lumpsum)

Min Additional Amt (lumpsum)

₹ 500

₹ 500 ₹ 500 ₹ 500

₹ 500 ₹ 500

Min Redemption Amt (lumpsum)

Min Redemption Amt (lumpsum)

₹ 500

₹ 500 ₹ 500 ₹ 500

₹ 500 ₹ 500

SIP dates

SIP dates

Any day#

Any day# Any day# Any day#

Any day# Any day#

SIP Frequency

SIP Frequency

Monthly / Quarterly

Daily / Monthly / Quarterly Daily / Monthly / Quarterly Daily / Monthly / Quarterly

Monthly / Quarterly Monthly / Quarterly

Min SIP Amount

Min SIP Amount

1) Monthly - ₹ 1000/- & in multiples of ₹ 1/- thereafter, 2) Quarterly - & 3000/- & in multiples of ₹ 1/- thereafter

1) Daily - ₹ 300/- & in multiples of ₹ 1/- thereafter, 2) Monthly - ₹ 1000/- & in multiples of ₹ 1/- thereafter, 3) Quarterly - & 3000/- & in multiples of ₹ 1/- thereafter

1) Daily - ₹ 300/- & in multiples of ₹ 1/- thereafter,2) Monthly - ₹ 1000/- & in multiples of ₹ 1/- thereafter, 3) Quarterly - & 3000/- & in multiples of ₹ 1/- thereafter

1) Daily - ₹ 300/- & in multiples of ₹ 1/- thereafter, 2) Monthly - ₹ 1000/- & in multiples of ₹ 1/- thereafter, 3) Quarterly - & 3000/- & in multiples of ₹ 1/- thereafter



Fund Manager

Fund Manager

Mr. Rahul Singh Mr. Rahul Singh Mr. Marzban Irani

Entry Load

Entry Load

NIL

NIL NIL NIL

NIL NIL

NIL

NIL

NIL

Exit Load

Exit Load

See below note* NIL

Riskometer

Riskometer

Risk - Low

Risk - Moderately Low Risk - Moderate Risk - Low

Risk - Moderate Risk - Moderate

Facility Available

*LIC MF Liquid Fund Exit Load :

Facility Available

SIP/STP/SWP

SIP/STP/SWP SIP/STP/SWP SIP/STP/SWP

SIP/STP/SWP SIP/STP/SWP

36

Mr. Yogesh Patil (Equity), Mr. Marzban Irani (Debt) Mr. Marzban Irani Mr. Rahul Singh

Ÿ For redemption/switch out of units within 15 days from the date of allotment: 0.50% of applicable NAV.

Ÿ For redemption/switch out of units between 15 days to 1 month from the date of allotment: 0.25% of applicable NAV.

Ÿ For redemption/switch out of units after 1 month from the date of allotment: Nil

st(as on 31 July, 2020)

Investor exit upon Subscription Day 1 Day 2 Day 3 Day 4 Day 5 Day 6 Day 7 onwards

Exit load as a % of redemption/switch out proceeds 0.0070% 0.0065% 0.0060% 0.0055% 0.0050% 0.0045% 0.0000%


Summary : Key Features of the Schemes

RP: Regular Plan, DP: Direct Plan, SIP: Systematic Investment Plan, STP: Systematic Transfer Plan, SWP: Systematic Withdrawal Plan. For Current Expense ratio details of all the Schemes, Investors are requested to visit www.licmf.com. Direct Plan is a separate plan for direct investments i.e. investments not routed through a distributor. Note: Investors are advised to refer to the Scheme Information Document (SID), Key Information Memorandum (KIM) and addenda issued from time to time, to know the terms and features of the schemes as prevailing on the date of submission of application for subscription/redemption/switch. Investors are requested to read the relevant notice and addenda to the SID and KIM available at www.licmf.com for further details. #Any day SIP date is applicable from 1st to 28th. Any day SIP is not applicable for LIC MF Unit Linked Insurance Scheme.

Scheme Name LIC MF Ultra Short Term Fund

Scheme Type An Open Ended Ultra Short Term Debt scheme investing in instruments with Macaulay duration between 3 months - 6 months (Please refer Page No. 45 of SID)

Allotment Date November 27, 2019

Ideal Investment Horizon Upto 6 months

Plan Available RP/DP

Option Available Growth/Dividend

Benchmark CRISIL Ultra Short Term Debt Index

Min Investment Amt (lumpsum) ₹ 5000

Min Additional Amt (lumpsum) ₹ 500

Min Redemption Amt (lumpsum) ₹ 500

SIP dates Any day#

SIP Frequency Daily / Monthly / Quarterly

Min SIP Amount1) Daily - ₹ 300/- & in multiples of ₹ 1/- thereafter, 2) Monthly - ₹ 1000/- & in multiples of ₹ 1/- thereafter, 3) Quarterly - & 3000/- & in multiples of ₹ 1/- thereafter

Fund Manager

Entry Load NIL

Exit Load

Riskometer Risk - Moderately Low

Facility Available SIP/STP/SWP

36

Mr. Rahul Singh

st(as on 31 July, 2020)

NIL


LIC MF Bond Fund

An open ended medium term debt scheme investing in instruments with Macaulay duration of the portfolio is between 4 years and 7 years (Please refer Page No.35 of SID).

June 23, 1999

3 Years Plus

RP/DP

Growth/Dividend

Crisil Composite Bond Fund Index

₹ 5000

₹ 500

₹ 500

Any day#

Monthly / Quarterly

Mr. Marzban Irani

NIL

Risk - Moderate

SIP/STP/SWP

1% if redeemed or switched out on or before completion of 1 year from the date of allotment of units


37

GLOSSARY OF TERMSApplication Amount for Fresh Subscription: This is the minimum investment amount for a new investor in a mutual fund scheme

Asset allocation: Investment of certain proportions of a portfolio in different assets classes like Equity, Debt, Gold etc..

Asset allocation for Equity: The allocation is based on industry classification and not any separate sector classification.

AUM: AUM or assets under management refers to the recent / updated cumulative market value of investments managed by a mutual fund or any investment firm.

Benchmark: A group of securities, usually a market index, whose performance is used as a standard or benchmark to measure investment performance of mutual funds, among other investments. Some typical benchmarks include the Nifty, Sensex, BSE200, BSE500, 10-year Gsec.

Beta: Beta is a measure of an investment’s volatility vis-a-vis the market. Beta of less than 1 means that the security will be less volatile than the market. A beta of greater than 1 implies that the security’s price will be more volatile than the market.

Entry Load: A mutual fund may have a sales charge or load at the time of entry and/or exit to compensate the distributor/agent. Entry Load is charged at the time an investor purchases the units of a mutual fund. The entry load is added to the prevailing NAV at the time of investment. For instance, if the NAV is Rs 100 and the entry load is 1%, the investor will enter the fund at Rs 101.

Exit Load: Exit load is charged at the time an investor redeems the units of a mutual fund. The exit load is reduced from the prevailing NAV at the time of redemption. The investor will receive redemption proceed at net value of NAV less Exit Load. For instance if the NAV is Rs 100 and the exit load is 1%, the investor will receive Rs 99.

Expense ratio: The expense ratio is the annual fee that funds or ETFs charge their unit holders. It expresses the percentage of assets deducted each fiscal year for fund expenses.

Fund Manager: An Employee of the asset management company such as a mutual fund or life insurer, who manages investments of the scheme. He is usually part of a larger team of fund managers and research analysts.

Maturity profile: Maturity is a term defined with respect to Debt Instruments which have fixed maturities after which they cease to exist on payment of the principal and the stipulated interest. A fund's profile consisting of the allocation of the value of assets in terms of percentage and their time left to maturity respectively is called a maturity profile. It gives a summary of the breakup of the value of assets with different specified maturities.

Holdings: The holdings or the portfolio is a mutual fund’s latest or updated report statement of investments/securities. These are usually displayed in terms of percentage to net assets or the rupee value or both. The objective is to give investors an idea of where their money is being invested by the fund manager.

Minimum Additional Amount: This is the minimum investment amount for an existing investor in a mutual fund scheme.

Macaulay Duration: Macaulay Duration is the weighted average term to maturity of the cash flows from a bond. The weight of each cash flow is determined by dividing the present value of the cash flow by the price.

Nature of Scheme: The investment objective and underlying investments determine the nature of the mutual fund scheme. For instance, a mutual fund that aims at generating capital appreciation by investing in stock markets is an equity fund or growth fund. Likewise, a mutual fund that aims at capital preservation by investing in debt markets is a debt fund or income fund. Each of these categories may have subcategories.

NAV: The NAV or the net asset value is the total asset value per unit of the mutual fund after deducting all related and permissible expenses. The NAV is calculated at the end of every business day. It is the value at which the investor enters or exits the mutual fund.

Portfolio turnover ratio: Portfolio turnover is a measure of how frequently assets within a fund are bought and sold by the managers. This ratio measures the fund's trading activity, which is computed by taking the lesser of purchases or sales and dividing by average monthly net assets.

Portfolio Yield: Disclosure only required for Debt Funds.

Rating Profile: Mutual funds invest in securities after evaluating their creditworthiness as disclosed by the ratings. A depiction of the mutual fund in various investments based on their ratings becomes the rating profile of the fund. Typically, this is a feature of debt funds.

Risk Free Returns: MIBOR rate for 1 day. To be sourced from FIMMDA (http://www.fimmda.org) for last day of the month.

Sector allocation: Sector allocation may be defined as an allocation of funds in a certain percentage of the portfolio in different sectors of the economy.

Sharpe Ratio: The Sharpe Ratio, names after its founder, the Nobel Laureate William Sharpe, is a measure of risk-adjusted returns. It is calculated using standard deviation and excess return to determine reward per unit of risk.

SIP: SIP or systematic investment plan works on the principle of making periodic investments of a fixed sum. Its works similar to a recurring bank deposit. For instance, an investor may opt for an SIP that the invests Rs 500 every 15 of the month in an equity fund for a period of three years.

SIP Return: The SIP return calculation should be based on Rs. 10,000 invested every month. Returns would be 1 year, 3 year, 5 year, 7 year etc.

Standard Deviation: Standard deviation is a statistical measure of the range of an investment’s performance. When a mutual fund has a high standard deviation, its means its range of performance is wide, implying greater volatility.

Tracking error: Tracking error is the difference between a portfolio's returns and the benchmark or index it was meant to mimic or beat. Tracking error is sometimes called active risk.

Yield to Maturity: The Yield to Maturity or the YTM is the rate of return anticipated on a bond if held until maturity. YTM is expressed as an annual rate. The YTM factors in the bond’s current market price, par value, coupon interest rate and time to maturity.

BRANCH OFFICES

Ahmedabad: Jeevan Sadan, 3rd Flr, LIC Bldg, Opp. Capital Commercial Center, Ahmedabad 380006. Tel.: 079-26588301/40380568. Bangalore: No.4, Canara Mutual Building (Opp. Cash

Pharmacy), 2nd Floor, Residency Rd, Bangalore 560025. Tel.: 080-22118478/22295598. Bhubaneswar: Plot no-2B&2C, Ground floor, Behind Ram Mandir, Unit-3, Kharavel Nagar,

Bhubaneswar 751001, Odisha. Tel.: 9439455522. Chandigarh: S.C.O.-20-30, Jeevan Prakash Building, Ground Floor, LIC Divisional Office, Sector-17B, Chandigarh 160017. Tel.: 0172-

4622030. Chennai: 15, Anna Salai, Next to V.G.P. Bldg., Chennai 600002. Tel.: 044-28411984/28555883. Coimbatore: 'India Life Building', LIC Divisional Office, No:1543/44,Trichy Road,

Coimbatore-641018. Tel.: 0422-4393014 Ernakulam: 11th Floor, Jeevan Prakash, M.G. Road, Ernakulam, Kochi 682011. Tel.: 0484-2367643. Ghatkopar: LIC Mutual Fund Asset

Management Limited, Office No. 19, Ground Floor, Zest Business Centre, MG Road, Near Doshi Nursing Home, Ghatkopar East, Mumbai, Maharashtra - 400 077. Goa: Jeevan Vishwas

Building, Edc Complex, Plot No. 2, Patto, Panaji, Goa - 403001. Tel.: 0832-2988100 Guwahati: LIC Mutual Fund Asset Management Limited, Jeevan Prakash Building, Ground Floor, S. S.

Road, Fancy Bazar, Guwahati - 781 001. Hyderabad: House No. 5-9-57, 4th Floor, Jeevan Jyoti Building, Basheerbagh, Hyderabad 500029. Tel.: 040-23244445/23210572. Indore: U.V.

House, 1st Floor, Snehil 9/1-A South Tukoganj, Indore 452001. Tel.: 0731-2520262. Jaipur: LIC Divisional Office-1 Campus, Ground Floor, Jeevan Nidhi-II (Investment Building), Bhawani

Singh Road, Ambedkar Circle, Jaipur 302005. Tel.: 0141-2743620. Kanpur: Jeevan Vikas, Ground Floor, 16/98, M.G. Road, Kanpur 208001. Tel.: 0512-2360240/3244949. Kolkata: Ground

Floor, Hindustan Building Annexe, 4, Chittaranjan Avenue, Kolkata 700072. Tel.: 033-22129455. Lucknow: Jeevan Prakash, Ground Floor, Main & Annexe Building, 30, Hazratganj, Lucknow

226001. Tel.: 0522-2231186. Mangalore: LIC Mutual Fund Asset Management Limited, No. 6, Ground Floor, Popular Building, K S Rao Road, Mangalore - 575 001. Tel. No.: 0824-2411482.

Mumbai: Gr. Floor, Industrial Assurance Bldg., Opp. Churchgate Station, Mumbai 400020. Tel.: 022-22885971/22817163 / 2nd Floor, Jeevan Chintamani, Near R.T.O., Eastern Express

Highway, Thane - 400 604. Tel.: 022-25804738. Nagpur: Jeevan Seva Bldg., Mount Road, Sadar, Nagpur 440001. Tel.: 0712-2542497. Nashik: Shop No.2, Ground Floor, Rajvee Enclave, New

Pandit Colony, Nashik 422002. Tel.: 0253-2579507. New Delhi: 7th Floor, Jeevan Prakash, 25 K.G. Marg, New Delhi 110001. Tel.: 011-23359190/23314396. Patna: LIC Mutual Fund Asset

Management Limited, Office No. 212, Adison Arcade, Fraser Rod, Near Maurya Hotel, Dist. Patna - 800001. Pune: LIC of India, Pune D.O.-I, 6/7, Shivaji Nagar, University Road, Pune 411005.

Tel.: 020-25537301. Raipur: 1st Floor, Phase 1, Investment Building, LIC of India, Jeevan Bima Marg, Pandri, Raipur, Chhattisgarh - 492004. Phone No.: 0771 - 2236780. Rajkot: LIC of India

Bldg., Jeevan Prakash, Tagore Marg, Rajkot 360002. Tel.: 0281- 2461522. Ranchi: 2nd Floor, Narasaria Tower, Opposite Lalpur Police Station, Ranchi-834001. Tel.: 0651-2206372 Surat:

Office No – D- 117, International Trade Centre (Itc), Majuragate Crossing, Ring Road- Surat- 395002. Tel.: 0261-4862626


38

Agartala: Ols Rms Chowmuhani, Mantri Bari Road,1St Floor, Near Traffic Point, Tripura West, Agartala, Tripura, 799001 / 0381-2317519; Agra: House No. 17/2/4, 2Nd Floor, Deepak Wasan Plaza, Behind Hotel Holiday

Inn, Sanjay Place, In The City Of Agra, Agra, Uttar Pradesh, 282002 / 7518801801; Ahmedabad: 201/202 Shail Complex, Opp: Madhusudan House, B/H Girish Cold Drink, Off C G Road, Navrangpura, Ahmedabad,

Gujarat, 380006 / 9081903021; Ajmer: 302, 3Rd Floor, Ajmer Auto Building, Opposite City Power House, Jaipur Road; Ajmer, Rajasthan, 305001 / 0145-5120725; Akola: Yamuna Tarang Complex, Shop No 30, Ground

Floor, N.H. No- 06, Murtizapur Road, Opp Radhakrishna Talkies, Akola, Maharashthra, 444004 / 0724-2451874; Aligarh: Sebti Complex Centre Point, In The City Of Aligarh, Aligarh, Uttar Pradesh, 202001 / 7518801802;

Allahabad: Meena Bazar" 2Nd Floor, 10, S. P. Marg, Civil Lines, Subhash Chauraha, In The City Of Allahabad, Allahabad, Uttar Pradesh, 211001 / 7518801803; Alleppy: 1St Floor, Jp Towers, Mullackal, Ksrtc Bus Stand,

Alleppy, Kerala, 688011 / 0477 2263055; Alwar: Office Number 137, First Floor, Jai Complex Road No – 2, Alwar, Rajasthan, 301001 / 0144-2335550 / 0144-2335551; Amaravathi: Shop No. 21, 2Nd Floor, Gulshan

Tower, Near Panchsheel Talkies, Jaistambh Square, Amaravathi, Maharashthra, 444601 / 0721 2569198; Ambala: 6349,2Nd Floor, Nicholson Road, Adjacent Kos Hospitalambala Cant, Ambala, Haryana, 133001 /

7518801804; Amritsar: 72-A, Taylor'S Road, Opp Aga Heritage Club, Amritsar, Punjab, 143001 / 0183-5053802; Anand: B-42 Vaibhav Commercial Center, Nr Tvs Down Town Shrow Room, Grid Char Rasta, Anand,

Gujarat, 380001 / 9081903038; Ananthapur: Plot No: 12-313, Balaji Towers, Srinagar, Ananthapur Village, Anantapur, Andhra Pradesh, 515001 / 8554244449; Asansol: 114/71 G T Road, Bhanga Panchil Near Nokia

Care, Asansol, West Bengal, 713303 / 0341-2220077; Aurangabad: Shop No B 38, Motiwala Trade Centre, Nirala Bazar, Aurangabad, Maharashthra, 431005 / 0240-2343414; Azamgarh: House No. 290, Ground Floor,

Civil Lines, Near Sahara Office, In The City Of Azamgarh, Azamgarh, Uttar Pradesh, 276001 / 7518801805; Balasore: 1-B. 1St Floor, Kalinga Hotel Lane, Baleshwa, Baleshwar Sadar, Balasore, Orissa, 756001 / 06782-

260503; Bangalore: 59, Skanda Puttanna Road, Basavanagudi, Bangalore, Karnataka, 560004 / 080-26602852; Bankura: Plot Nos- 80/1/A,Natunchati Mahalla, 3Rd Floor,, Ward No-24, Opposite P.C Chandra,

Bankura Town, Bankura, West Bengal, 722101 / 9434480586; Bareilly: 54-Civil Lines, Ayub Khan Chauraha, Civil Lines Road, In The City Of Deoria, , Bareilly, Uttar Pradesh, 243001 / 7518801806; Barhampore (Wb):

Thakur Market Complex, Gorabazar, Post Berhampore Dist Murshidabad, 72 No Nayasarak Road, Barhampore (Wb), West Bengal, 742101 / 0348- 2274494; Baroda: 203, Corner Point, Jetalpur Road, Baroda, Gujarat,

Baroda, Gujarat, 390007 / 0265-2353506; Begusarai: C/O Dr Hazari Prasad Sahu, Ward No 13, Behind Alka Cinema, Begusarai (Bihar), Begusarai, Bihar, 851117 / 7518801807; Belgaum: Cts No 3939/ A2 A1, Above

Raymonds Show Room |Beside Harsha Appliances, Club Road, Belgaum, Karnataka, 590001 / 0831 2402544; Bellary: Shree Gayathri Towers, #4, 1St Floor, K.H.B.Colony, Gopalaswamy Mudaliar Road,, Gandhi

Nagar-Bellary, Karnataka, 583103 / 08392 – 254750; Berhampur (Or): Opp Divya Nandan Kalyan Mandap, 3Rd Lane Dharam Nagar, Near Lohiya Motor, Berhampur (Or), Orissa, 760001 / 0680-2228106; Betul:

107,1St Floor, Hotel Utkarsh, J. H. College Road, Betul, Madhya Pradesh, 460001 / 07141 - 231301; Bhagalpur: 2Nd Floor, Chandralok Complex, Near Ghanta Ghar, In The City Of Bhagalpur, Bihar, Bhagalpur, Bihar,

812001 / 7518801808; Bharuch: 123 Nexus Business Hub, Near Gangotri Hotel, B/S Rajeshwari Petroleum, Makampur Road, Bharuch, Gujarat, 392001 / 9081903042; Bhatinda: Second Floor, Mcb -2-3-01043

Goniana Road, Opp: Nippon India Mf Gt Rode, Near Hanuman Chowk Bhatinda, Bhatinda, Punjab, 161001 / 0164- 5006725; Bhavnagar: 303, Sterling Point, Waghawadi Road, Bhavnagar, Gujarat, 364001 / 278-

3003149; Bhilai: Shop No -1, First Floor Plot No -1, Commercial Complex Nehru Nagar - East, Bhilai, Chatisgarh, 490020 / 0788-2289499 / 2295332; Bhilwara: Shop No. 27-28, 1St Floor, Heera Panna Market, Pur

Road, Bhilwara, Rajasthan, 311001 / 01482-246362 / 246364; Bhopal: Gurukripa Plaza, Plot No. 48A, Opposite City, Hospital, Zone-2, M P Nagar, Bhopal, Madhya Pradesh, Bhopal, Madhya Pradesh, 462011 / 0755-

4092712,0755-4092715; Bhubaneswar: A/181, Saheed Nagar, Janardan House, Room #: 07; 3Rd Floor, Bhubaneswar, Orissa, 751007 / 0674-2548981; Bikaner: 70-71, 2Nd Floor | Dr.Chahar Building, Panchsati

Circle, Sadul Ganj, Bikaner, Rajasthan, 334003 / 0151-2200014; Bilaspur: Shop No -225,226 & 227,2Nd Floor, Narayan Plaza, Link Road, Bilaspur, Chatisgarh, 495001 / 07752-470070; Bokaro: City Centre, Plot No.

He-07, Sector-Iv; Bokaro Steel City, Bokaro, Jharkhand, 827004 / 7542979444; Borivali: Gomati Smuti,Ground Floor, Jambli Gully, Near Railway Station, Borivali, Mumbai, Maharashtra, 400 092 / 022- 28916319;

Burdwan: Anima Bhavan, 1St Floor, Holding No.-42, Sreepally, G. T. Road, West Bengal, Burdwan, West Bengal, 713103 / 0342-2665140; Calicut: Second Floor, Manimuriyil Centre, Bank Road, Kasaba Village,

Calicut, Kerala, 673001 / 0495-4022480; Chandigarh: Sco- 2423-2424, Above Mirchi Restaurent, New Aroma Hotel, First Floor, Sector 22-C, Chandigarh, Union Territory, 160022 / 0172-5101342; Chandrapur: Shop

No-6 Office No-2, 1St Floor Rauts Raghuvanshi Complex, Beside Azad Garden Main Road, Chandrapur, Maharashthra, 442402 / 07172-270262; Chembur: Shop No 4, Ground Floor, Shram Saflya Bldg, N G Acharya

Marg, Chembur, Mumbai, Maharashtra, , 022-662215536; Chennai: F-11, Akshaya Plaza, 1St Floor, 108, Adhithanar Salai, Egmore, Opp To Chief Metropolitan Court, Chennai, Tamil Nadu, 600002 / 044-42028512;

Chinsura: 96, Doctors Lane; Po: Chinsurah; Dt: Hooghly, , Chinsurah, West Bengal, 712101 / 033-26810164; Cochin: Ali Arcade, 1St Floor,Kizhavana Road, Panampilly Nagar, Near Atlantis Junction, Ernakualm,

Kerala, 682036 / 0484 - 4025059; Coimbatore: 3Rd Floor, Jaya Enclave, 1057 Avinashi Road, , Coimbatore, Tamil Nadu, 641018 / 0422 - 4388011; Cuttack: Shop No-45,2Nd Floor, Netaji Subas Bose Arcade, (Big Bazar

Building), Adjacent To Reliance Trends, Dargha Bazar, Cuttack, Orissa, 753001 / 8658691094; Darbhanga: Jaya Complex,2Nd Floor, Above Furniture Planet,Donar, Chowk, Darbhanga, Bihar, 846003 / 7518801809;

Davangere: D.No 162/6 , 1St Floor, 3Rd Main, P J Extension, Davangere Taluk,, Davangere Mandal,Davangere, Davangere, Karnataka, 577002 / 0819-2258714; Dehradun: Kaulagarh Road, Near Sirmaur Margabove,

Reliance Webworld, Dehradun, Uttaranchal, 248001 / 7518801810; Deoria: K. K. Plaza, Above Apurwa Sweets, Deoria, Uttar pradesh, 274001 / 7518801811; Dewas: 27 Rmo House, Station Road, Above Maa

Chamunda Gaes Agency, Dewas, Madhya Pradesh, 455001 / 07272-426010; Dhanbad: 208 New Market 2Nd Floor, Bank More, Dhanbad, Jharkhand, 826001 / 9264445981; Dharwad: 307/9-A 1St Floor, Nagarkar

Colony, Elite Business Center, Nagarkar Colony,P B Road, Dharwad, Karnataka, 580001 / 0836- 2744207; Dhule: Ground Floor Ideal Laundry, Lane No 4, Khol Galli, Near Muthoot Finance, Opp Bhavasar General Store,

Dhule, Maharashthra, 424001 / 02562-282823; Dindigul: No 59B New Pensioner Street, Opp Gomathi Lodge, Palani Road, Dindigul, Dindigul, Tamil Nadu, 624001 / 0451- 2436177; Durgapur: Mwav-16 Bengal

Ambuja, 2Nd Floor City Centre, Distt. Burdwan, Durgapur-16, Durgapur, West Bengal, 713216 / 0343-6512111; Eluru: House No 22B-12-1/1, Ground Floor, Gade Vari Street, Power Peta, Eluru 2, Eluru-West Godavari,

Eluru, Andhra Pradesh, 534002 / 08812-227851 / 52 / 53 / 54; Erode: No: 4, Veerappan Traders Complex, Address No 38/1, Sathy Road, (Vctv Main Road),, Sorna Krishna Complex,Ground Floor, Erode, Tamil Nadu,

638003 / 0424-4021212; Faridabad: A-2B 2Nd Floor, Neelam Bata Road Peerki Mazar, Nehru Ground Nit, Faridabad, Haryana, 121001 / 7518801812; Ferozpur: The Mall Road, Chawla Bulding, Ist Floor, Opp. Centrail

Jail, Near Hanuman Mandir, Ferozepur, Punjab, 152002 / 01632-241814; Gandhidham: Shop # 12, Shree Ambica Arcade, Plot # 300, Ward 12. Opp. Cg High School, Near Hdfc Bank, Gandhidham, Gujarat, 370201 /

9081903027; Gandhinagar: 123, First Floor, Megh Malhar Complex, Opp. Vijay Petrol Pump, Sector - 11, Gandhinagar, Gujarat, 382011 / 079 23244955; Gaya: 54 Lal Kothi Compound, Shree Krishna Road, 2Nd Floor,

North Side, Near Royal Surya Hotel, Gaya, Bihar, 823001 / 0631-2220065; Ghaziabad: Ff - 31, Konark Building, Rajnagar, Lohia Nagar, Ghaziabad, Uttar Pradesh, 201003 / 7518801813; Ghazipur: House No. 148/19,

Mahua Bagh, In The City Of Ghazipur, Ghazipur, Uttar Pradesh, 233001 / 7518801814; Gonda: Shri Market, Sahabgunj, Station Road, Gonda, Uttar Pradesh, 271001 / 7518801815; Gorakhpur: Above V.I.P. House

Ajdacent, A.D. Girls College, Bank Road, Gorakpur, Uttar Pradesh, 273001 / 7518801816; Gulbarga: H No 2-231, Krishna Complex, 2Nd Floor Opp. Municipal Corporation Office, Jagat, Station Main Road, Kalaburagi,

Gulbarga, Karnataka, 585105 / 8088934338; Guntur: 2Nd Shatter, 1St Floor. Hno. 6-14-48, 14/2 Lane, Arundal Pet, Guntur, Andhra Pradesh, 522002 / 0863-2339094; Gurgaon: 2Nd Floor, Vipul Agora, M. G. Road, In

The City Of Gurgaon, Gurgaon, Haryana, 122001 / 7518801817; Guwahati: 1St Floor, Bajrangbali Building, Near Bora Service Station, Gs Road, Guwahati, Assam, 781007 / 8811036746; Gwalior: City Centre, Near

Axis Bank, In The City Of Gwalior, Madhya Pradesh, Gwalior, Madhya Pradesh, 474009 / 7518801818; Haldwani: Above Kapilaz, Sweet House, Opp Lic Building, Pilikothi, Kaladhungi Road, Haldwani, Uttaranchal,

263139 / 7518801819; Haridwar: Shop No. - 17, Bhatia Complex, Near Jamuna Palace, Haridwar (Uttarakhand.), Haridwar, Uttaranchal, 249410 / 7518801820; Hassan: Sas No-212, Ground Floor, Sampige Road 1St

Cross, Near Hotel Souther Star, K R Puram, Hassan, Karnataka, 573201 / 08172 262065; Hissar: Shop No. 20, Ground Floor, R D City Centre, Railway Road, In The City Of Hissar, Hissar, Haryana, 125001 /

7518801821; Hoshiarpur: 1St Floor, The Mall Tower, Opp Kapila Hospital, Sutheri Road, Hoshiarpur, Punjab, 146001 / 01882-500143; Hubli: Ctc No.483/A1/A2, Ground Floor, Shri Ram Palza, Behind Kotak Mahindra

Bank, Club Road, Hubli, Karnataka, 580029 / 0836-2252444; Hyderabad: 303, Vamsee Estates, Opp Bigbazaar, Ameerpet, Hyderabad-16, Telangana-, Hyderabad, Telangana, 500034 / 040-44857874 / 75 / 76; Indore:

101, Diamond Trade Centre, Indore, Madhya Pradesh - Indore, Nearcurewell Hospital, Janjeerwala Square Indore, Indore, Madhya Pradesh, 452001 / 0731-4266828/4218902; Jabalpur: 3Rd Floor, R.R. Tower.5,

Lajpatkunj, Near Tayabali Petrol Pump, Jabalpur, Madhya Pradesh, 482001 / 0761-4923301; Jaipur: Office Number 101, 1St Floor, Okay Plus Tower, Next To Kalyan Jewellers, Government Hostel Circle, Ajmer Road,

Jaipur, Rajasthan, 302001 / 01414167715/17; Jalandhar: 1St Floor,Shanti Towers, Sco No. 37, Puda Complex,, Opposite Tehsil Complex, Jalandhar, Punjab, 144001 / 0181-5094410; Jalgaon: 3Rd Floor, 22

Yashodhan Ring Road, Jalgaon, Jalgaon, Maharashthra, 425001 / 9421521406; Jalpaiguri: D B C Road Opp Nirala Hotel, Opp Nirala Hotel, Opp Nirala Hotel, Jalpaiguri, West Bengal, 735101 / 03561-222136; Jammu:

Gupta'S Tower, 2Nd Floor, Cb-12, Rail Head Complex, Jammu, Jammu & Kashmir, 180012 / 0191-2458820 / 2458818; Jamnagar: 136-137-138 Madhav Palaza, Opp Sbi Bank, Nr Lal Bunglow, Jamnagar, Gujarat,

361001 / 0288 3065810; Jamshedpur: 2Nd Floor, R R Square, Sb Shop Area,Near Reliance Foot Print & Hotel- Bs Park Plaza, Main Road, Bistupur, Jamshedpur, Jharkhand, 831001 / 0657-6655003/ 6655004/

6655005/ 6655006/ 6655007; Jaunpur: R. N. Complex, Opposite Pathak Honda, Above Oriental Bank Of Commerce, In The City Of Jaunpur, Jaunpur, Uttar Pradesh, 222002 / 7518801822; Jhansi: 1St Floor, Puja

Tower, Near 48 Chambers, In The City Of Jhansi, Jhansi, Uttar Pradesh, 284001 / 7518801823; Jodhpur: Shop No. 6, Ground Floor, Gang Tower, Opposite Arora Moter Service Centre, Near Bombay Moter Circle,

Jodhpur, Jodhpur, Rajasthan, 342001 / 7737014590; Junagadh: 124-125 Punit Shopping Center, M.G Road, Ranavav Chowk, Junagadh, Gujarat, 362001 / 0285-2652220; Kannur: 2 Nd Floor, Prabhath Complex, Fort

Road, Nr.Icici Bank, Kannur, Kerala, 670001 / 0497-2764190; Kanpur: 15/46, B, Ground Floor, Opp : Muir Mills, Civil Lines, Kanpur, Uttar Pradesh, 208001 / 7518801824; Karimnagar: D.No: 2-10-1298,2Nd Floor,

Rathnam Arcade, Jyothi Nagar, Karimnagar, Telangana, 505001 / 0878-2244773; Karnal: 18/369, Char Chaman, Kunjpura Road, Behind Miglani Hospital, Karnal, Haryana, 132001 / 0184-2252524; Karur: No 88/11 B B

Plaza, Nrmp Street, K S Mess Back Side, Karur, Tamil Nadu, 639002 / 04324-241755; Khammam: 11-4-3/3, Shop No. S-9, Srivenkata Sairam Arcade, Old Cpi Office, Near Priyadarshini College,Nehru Nagar,,

Khammam, Telangana, 507002 / 8008865802; Kharagpur: Sbi Building, Malancha Road, Po: Kharagpur, Ps: Kharagpur, Holding No 254/220, Ward No.16, Dist: Paschim Medinipur, Kharagpur, West Bengal, 721304 /

03222-253380; Kolhapur: 605/1/4 E Ward, Shahupuri 2Nd Lane, Laxmi Niwas, Near Sultane Chambers, Kolhapur, Maharashthra, 416001 / 0231 2653656; Kolkata: Apeejay House (Beside Park Hotel), C Block,3Rd

Floor, 15 Park Street, Kolkata, West Bengal, 700016 / 033 66285900; Kollam: Ground Floor,A Narayanan Shopping Complex, Kausthubhsree Block, Kadapakada, Kollam, Kerala, 691008 / 474-2747055; Korba: Nidhi

Biz Complex, Plot No 5, Near Patidar Bhawan, T. P. Nagar, In The City Of Korba, Korba, Chatisgarh, 495677 / 7518801826; Kota: D-8, Shri Ram Complex, Opposite Multi, Purpose School, Gumanpura, Kota, Kota,

Rajasthan, 324007 / 0744-5100964; Kottayam: 1St Floor Csiascension Square, Railway Station Road, Collectorate P O, Kottayam, Kerala, 686002 / 0481-2300868/2302420; Kurnool: Shop No:47, 2Nd Floor, S Komda

Shoping Mall, Kurnool, Andhra Pradesh, 518004 / 08518-228550; Lucknow: Ist Floor, A. A. Complex, 5 Park Road, Hazratganj, Thaper House, Lucknow, Uttar Pradesh, 226001 / 7518801830; Ludhiana: Sco - 136, 1St

Floor Above Airtel Showroom, Feroze Gandhi Market, Ludhiana, Punjab, 141001 / 0161-4648747; Madurai: Rakesh Towers, 30-C, Ist Floor, Bye Pass Road, Opp Nagappa Motors, Madurai, Tamil Nadu, 625010 / 0452-

2605856; Malappuram: First Floor, Peekays Arcade, Down Hill, Malappuram, Kerala, 676505 / 0483-2731480; Malda: Ram Krishna Pally, No.1 Govt Colony, Ground Floor, English Bazar; Malda, West Bengal, 732101 /

03512-223763; Mandi: House No. 99/11, 3Rd Floor, Opposite Gss Boy School, School Bazar, In The City Of Mandi, Mandi, Uttar Pradesh, 175001 / 7518801833; Mangalore: Mahendra Arcade Opp Court Road,

Fin Technologies Private Limited OfficesK


Investment Manager:LIC MUTUAL FUND ASSET MANAGEMENT LIMITED

Fax : +91 22 2283 5606 E-mail: [email protected] Floor, Industrial Assurance Bldg., Opp. Churchgate Station, Mumbai 400 020. Board : +91 22 6601 6000



Karangal Padi, , Mangalore, Karnataka, 575003 / 0824-2496289; Margao: 2Nd Floor, Dalal Commercial Complex, Pajifond, Margao, Goa, 403601 / 0832-2731823; Mathura: Shop No. 9, Ground Floor, Vihari Lal Plaza,

Opposite Brijwasi Centrum, Near New Bus Stand, In The City Of Mathura, Mathura, Uttar Pradesh, 281001 / 7518801834; Meerut: H No 5, Purva Eran, Opp Syndicate Bank, Hapur Road, Meerut, Meerut, Uttar Pradesh,

250002 / 7518801835; Mehsana: Ff-21 Someshwar Shopping Mall, Modhera Char Rasta, Mehsana, Gujarat, 384002 / 02762-242950; Mirzapur: House No. 404, Ward No. 8, Dankeenganj, Mirzapur, , Mirzapur, Uttar

Pradesh, 231001 / 7518801836;Moga: 1St Floor,Dutt Road, Mandir Wali Gali, Civil Lines, Barat Ghar, Moga, Punjab, 142001 / 01636 - 230792; Moradabad: Chadha Complex, G. M. D. Road, Near Tadi Khana, Chowk, In

The City Of Moradabad, Moradabad, Uttar Pradesh, 244001 / 7518801837; Morena: House No. Hig 959, Near Court, Front Of Dr. Lal Lab, Old Housing Board Colony, Morena, Madhya Pradesh, 476001 / 7518801838;

Mumbai: 24/B, Raja Bahadur Compound, Ambalal Doshi Marg, Behind Bse Bldg, Fort, Maharashthra, 400001 / 022-66235353; Muzaffarpur: First Floor Saroj Complex, Diwam Road, Near Kalyani Chowk, Muzaffarpur,

Muzaffarpur, Bihar, 842001 / 7518801839; Mysore: L-350, Silver Tower, Ashoka Road, Opp.Clock Tower, Mysore, Karnataka, 570001 / 0821-2438006; Nadiad: 311-3Rd Floor City Center, Near Paras Circle, Nadiad,

Gujarat, 387001 / 0268-2563245; Nagerkoil: Hno 45,1St Floor, East Car Street, Nagercoil, Tamil Nadu, 629001 / 04652 - 233552; Nagpur: Plot No. 2, Survey No. 1032 And 1033 Of Gagdakhare Town, Dharampeth,, ,

Nagpur, Maharashthra, 440010 / 0712-2533040; Nanded: Shop No.4, Santakripa Market, G G Road, Opp.Bank Of India, Nanded, Maharashthra, 431601 / 02462-237885; Nashik: S-9, Second Floor, Suyojit Sankul,

Sharanpur Road, Nasik, Maharashthra, 422002 / 0253-6608999; Navsari: 103, 1St Floore Landmark Mall, Near Sayaji Library, Navsari Gujarat, Navsari, Gujarat, 396445 / 9081903040; Nellore: D No:16-5-66 Ramarao

Complex No:2Shop No:305, 3Rd Floor Nagula Mitta Rode, Opp Bank Of Baroda. Nellore, Nellore, Andhra Pradesh, 524001 / 0861 2349940; New Delhi: 305 New Delhi House, 27 Barakhamba Road, New Delhi, New

Delhi, 110001 / 011- 43681700; Nizamabad: H No:5-6-430, Above Bank Of Baroda First Floor, Beside Hdfc Bank,Hyderabad Road, Nizamabad, Telangana, 503003 / 08462-224366; Noida: F - 21, Sector - 18, In The City

Of Noida, , Noida, Uttar Pradesh, 201301 / 7518801840; Palghat: No: 20 & 21, Metro Complex H.P.O.Road Palakkad, H.P.O.Road, Palakkad, Kerala, 678001 / 9895968533; Panipat: 3Rd Floor Preet Tower, Behind

Akash Institute, Gt Road-Panipat, Panipat, Haryana, 132103 / 7518801841; Panjim: Flat No.1-A, H. No. 13/70, Timotio Bldg, Heliodoro Salgado Road, Next To Navhind Bhavan (Market Area), Panjim, Goa, 403001 /

0832-2426874; Pathankot: 2Nd Floor, Sahni Arcade Complex, Adj.Indra Colony Gate Railway Road, Pathankot, Pathankot, Punjab, 145001 / 0186-5080188; Patiala: Sco 27 D, Chotti Baradari, Near Car Bazaar, Patiala,

Punjab, 147001 / 0175-5004349; Patna: 3A, 3Rd Floor Anand Tower, Exhibition Road, Opp Icici Bank, Patna, Bihar, 800001 / 0612-4323066; Pollachi: 1St Floor, Mkg Complex, Opp To Gowri Shankar Hotel, Pollachi,

Tamil Nadu, 642002 / 04259- 235111; Pondicherry: Building No:7, 1St Floor, Thiayagaraja Street, Pondicherry, Pondicherry, 605001 / 0413-45490253; Proddatur: D.No: 4/625, Bhairavi Complex, Bhairavi Complex,

Upstairs Karur Vysya Bank, Gandhi Road, Proddatur, Andhra Pradesh, 516360 / 08564 - 242898; Pune: Office No 207-210, 2Nd Floor, Kamla Arcade, Jangli Maharaj Road, Opposite Balgandharva, Shivaji Nagar, Pune,

Maharashthra, 411005 / 020 -66210449; Raipur: Office No S-13, Second Floor, Reheja Tower, Fafadih Chowk, Jail Road, Raipur, Chatisgarh, 492001 / 0771-4912611; Rajahmundry: D.No.6-1-4, Rangachary Street,

T.Nagar, Near Axis Bank Street, Rajahmundry, Andhra Pradesh, 533101 / 0883-2434468/70; Rajkot: 302, Metro Plaza, Near Moti Tanki Chowk, Rajkot, Rajkot, Gujarat, 360001 / 9081903025; Ranchi: Room No 307 3Rd

Floor, Commerce Tower, Beside Mahabir Tower, Ranchi, Jharkhand, 834001 / 0651-2331320; Ratlam: 1 Nagpal Bhawan Free Ganj Road, Do Batti, Near Nokia Care, Ratlam, Madhya Pradesh, 457001 / 07412-320398;

Renukoot: C/O Mallick Medical Store, Bangali Katra, Main Road, Renukoot, (Dist. Sonebhadra ), Renukoot, Uttar Pradesh, 231217 / 7518801842; Rewa: In Front Of Teerth Memorial Hospital, In The City Of Reewa, ,

Rewa, Madhya Pradesh, 486001 / 7518801843; Rohtak: Shop No 14, Ground Floor, Ashoka Plaza,Delhi Road, , Rohtak, Haryana, 124001 / 7518801844; Roorkee: Shree Ashadeep Complex 16, Tyagi Dairy Road, Civil

Lines,Near Income Tax Office, , Roorkee, Uttaranchal, 247667 / 7518801845; Rourkela: 2Nd Floor, Main Road, Udit Nagar, Rourkela, Sundargarh, Rourekla, Orissa, 769012 / 0661-2500005; Sagar: Ii Floor, Above Shiva

Kanch Mandir., 5 Civil Lines, Sagar, Sagar, Madhya Pradesh, 470002 / 07582-402404; Saharanpur: 18 Mission Market, Court Road, Saharanpur, Uttar Pradesh, 247001 / 7518801846; Salem: No 3/250, Brindavan

Road, 6Th Cross,Perumal Kovil Back Side, Fairland'S, Salem, Tamil Nadu, 636016 / 0427-4020300; Sambalpur: Sahej Plaza; First Floor, Shop No. 219; Golebazar, Sambalpur, Sambalpur, Orissa, 768001 / 0663-

2533437; Satna: Jainam Market, Purana Power House Chauraha, Panni Lal Chowk, In The City Of Satna, Rewa Road, Satna, Madhya Pradesh, 485001 / 7518801847; Shillong: Annex Mani Bhawan, Lower Thana

Road, Near R K M Lp School, Shillong, Meghalaya, 793001 / 0364 - 2506106; Shimla: Triveni Building, By Pas Chowkkhallini, Shimla, Himachal Pradesh, 171002 / 7518801849; Shimoga: Sri Matra Naika Complex, 1St

Floor, Above Shimoga Diagnostic Centre, Llr Road, Durgigudi, Shimoga, Karnataka, 577201 / 08182-228799; Shivpuri: Near Hotel Vanasthali, In Front Of Sawarkar Park, A. B. Road, In The City Of Shivpuri, Shivpuri,

Madhya Pradesh, 473551 / 7518801850; Sikar: First Floor, Super Tower, Behind Ram Mandir Near Taparya Bagichi, Sikar, Rajasthan, 332001 / 01572-250398; Silchar: N.N. Dutta Road, Chowchakra Complex,

Premtala, Silchar, Assam, 788001 / 3842261714; Siliguri: Nanak Complex, Sevoke Road, Siliguri, West Bengal, 734001 / 0353-2522579; Sitapur: 12/12, Surya Complex, Station Road, Sitapur, Sitapur, Uttar Pradesh,

261001 / 7518801851; Solan: Disha Complex, 1St Floor, Above Axis Bank, Rajgarh Road, In The City Of Solan, Solan, Himachal Pradesh, 173212 / 7518801852; Solapur: Block No 06, Vaman Nagar, Opp D-Mart, Jule

Solapur, Solapur, Maharashthra, 413004 / 0217-2300021 / 2300318; Sonepat: 2Nd Floor, Dp Tower, Model Town, Near Subhash Chowk, Sonepat, Haryana, 131001 / 7518801853; Sri Ganganagar: Address Shop No. 5,

Opposite Bihani Petrol Pump, Near Baba Ramdev Mandir Nh - 15, Sri Ganganagar, Rajasthan, 335001 / 0154-2470177; Srikakulam: D No 4-4-97, First Floor, Behind Sri Vijayaganapathi Temple, Pedda Relli Veedhi,

Palakonda Road, Srikakulam, Andhra Pradesh, 532001 / 8942229925; Sultanpur: 1077/3, Civil Lines Opp Bus Stand, Civil Lines, Sultanpur, Uttar Pradesh, 228001 / 7518801854; Surat: Office No: -516, 5Th Floor,

Empire State Building, Near Udhna Darwaja, Ring Road, Surat, Gujarat, 395002 / 9081903041; T Nagar: No 23, Cathedral Garden Road Nungambakkam, Chennai, Tamilnadu, 600 017 / 044 - 28151034; Thanjavur: No

1, Underground,Nallaiyah Complex,, Srinivasam Pillai Road,, , Tanjore, Tamil Nadu, 613001 / 04362-275415; Tirunelveli: 55/18, Jeney Building, S N Road, Near Aravind Eye Hospital, Tirunelveli, Tamil Nadu, 627001 /

0462-4001416; Tirupathi: H.No:10-13-425, 1St Floor , Tilak Road,, Opp: Sridevi Complex ,, Tirupathi, Andhra Pradesh, 517501 / 9885995544 / 0877-2255797; Tirupur: No 669A,Kamaraj Road, Near Old Collector

Office, , Tirupur, Tamil Nadu, 641604 / 0421-4202780; Tiruvalla: 2Nd Floor,Erinjery Complex, Ramanchira, Opp Axis Bank, Thiruvalla, Kerala, 689107 / 04862-211209; Trichur: 2Nd Floor,Brothers Complex, Naikkanal

Junction,Shornur Road, Near Dhanalakshmi Bank H O, Thrissur, Kerala, 680001 / 0487- 6999987; Trichy: No 23C/1 E V R Road, Near Vekkaliamman Kalyana Mandapam, Putthur, Trichy, Tamil Nadu, 620017 / 0431-

4020227; Trivandrum: 2Nd Floor, Akshaya Tower, Sasthamangalam, Trivandrum, Kerala, 695010 / 0471 - 2725728; Tuticorin: 4B/A-10Mani Nagar, Mangal Mall,, Palayamkottai Road, Tuticorin, Tamil Nadu, 628003 /

0461-2334603; Udaipur: Shop No. 202, 2Nd Floor Business Centre, 1C Madhuvan, Udaipur, Udaipur, Rajasthan, 313001 / 0294 2429370; Ujjain: Heritage Shop No. 227, 87 Vishvavidhyalaya Marg, Station Road, Near

Icici Bank Above Vishal Megha Mart, Ujjain, Madhya Pradesh, 456010 / 0734-4250007 / 08; Valsad: 406 Dreamland Arcade, Opp Jade Blue, Tithal Road, Tithal Road, Valsad, Gujarat, 396001 / 02632-258481; Vapi: A-8,

First Floor, Solitaire Business Centre, Opp Dcb Bank, Gidc Char Rasta, Silvassa Road, Vapi, Gujarat, 396191 / 9081903028; Varanasi: D-64/132, 2Nd Floor, Ka, Mauza, Shivpurwa, Settlement Plot No 478, Pargana :

Dehat Amanat, Mohalla Sigra, Varanasi, Uttar Pradesh, 221010 / 7518801855; Vashi: C, Wing Flat NO. 324, 1st Floor, Vashi Plaza, Sector 17 Vashi, Navi Mumbai, Maharashtra, 400 703 / 22-27802684; Vellore: No. 6,

Nexus Towers, 2Nd Floor, Officer'S Line, Above Peter England & Bata Showroom Opp. To Voorhees School, Vellore, Tamil Nadu, 632001 / 0416-41603806; Vijayanagaram: D No : 20-20-29, 1St Floor, Surya Nagar,

Kalavapuvvu Meda, Near Ayodhya Stadium, Dharmapuri Road, Vizianagaram, Vizianagaram, Andhra Pradesh, 535002 / 08922-236965; Vijayawada: Address-1Stfloor, Hno26-23-,

Sundarammastreet,Gandhinagar,Vijayawada,Krishna Ap, Labbipet, Vijayawada, Andhra Pradesh, 520010 / 0866-6604032/39/40; Vile Parle: Shop No.1 Ground Floor, Dipti Jyothi Co-operative Housing Society, Near

MTNL office P M Road, Vile Parle East, Mumbai, Maharashtra / 022 26100967; Visakhapatnam: Ground Floor, 48-10-40, Sri Nagar Colony, Visakhapatnam, Andhra Pradesh, 530016 / 0891-2714125; Warangal: Shop

No22, Ground Floor Warangal, City Center,15-1-237, Mulugu Road Junction, Warangal, Telangana, 506001 / 0870-2441513; Yamuna Nagar: B-V, 185/A, 2Nd Floor, Jagadri Road, Near Dav Girls College, (Uco Bank

Building) Pyara Chowk, Yamuna Nagar, Haryana, 135001 / 7518801857;

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