LIC Mutual Fund Asset Management announces change in risk-o-meter of Technology Fund
LIC Mutual Fund Asset Management (AMC) has announced addendum to the Scheme Information Document (SID) and Key Information Memorandum (KIM) of designated scheme(s) of LIC Mutual Fund.
Pursuant to paragraph 6.16 of SEBI Master Circular for Mutual Funds, regarding Product Labeling in Mutual Funds, LIC Mutual Fund has informed that the risk profiling of LIC MF Technology Fund (the scheme) has been revised from ‘Very High’ to ‘Moderately High’.
All other details of the Product Label and all other terms and conditions of the aforesaid Schemes remains unchanged. The change in Risk-o-meter is evaluated on a monthly basis and there is no change in Risk-o-meter of other Schemes of LIC Mutual Fund.
The New Fund Offer (NFO) of LIC MF Technology Fund was from 20th February 2026 till 6th March 2026 and the allotment of units was made on 13th March 2026. In line with paragraph 7.24 of SEBI Master Circular for Mutual Funds with respect to Timelines for deployment of funds collected by Asset Management Companies in NFO as per asset allocation of the scheme, the AMC is in the process of deployment of the NFO proceeds as per the asset allocation of the scheme.
All other details of the Product Label and all other terms and conditions of the aforesaid Scheme remain unchanged.
Any change in Risk-o-meter of the Scheme and/or Benchmark will be communicated by way of Notice-cum-Addendum and by an email or SMS to unitholders of that Scheme.
