This fund seeks to enhance returns by actively managing investments across equities, debt, and gold, adapting to evolving market conditions. It utilizes hedging and arbitrage strategies to mitigate risk and capitalize on opportunities.
LIC Mutual Fund has launched the LIC MF Multi Asset Allocation Fund, an open-ended scheme investing in equity, debt, and gold. The New Fund Offer(NFO) opens on Friday opens on Friday, January 24, and will close on February 7.
Continuous sale and repurchase will begin on February 18.
Key details of the scheme
Investment objective: To generate long-term capital appreciation by investing in a diversified portfolio of equity, debt, and gold ETFs.
Minimum investment: ₹5,000 for lump sum and ₹200 for SIP.
Asset allocation:
Equity: 65-80%
Debt and money market: 10-25%
Gold ETFs: 10-25%
Silver ETFs and REITs/InvITs: 0-10%
With a dynamic and flexible investment strategy, the fund actively manages allocations across equities, debt, and gold, responding to market fluctuations. Hedging and arbitrage strategies are employed to mitigate risk and enhance returns. The fund's equity portfolio draws on a comprehensive approach, spanning all market caps and leveraging both top-down and bottom-up analysis to uncover compelling investment opportunities.
Benchmark and fund management:-
The scheme is benchmarked against a blend of:
- 65% Nifty 500 TRI
- 25% Nifty Composite Debt Index
- 10% Price of Domestic Gold
LIC MF launches Multi Asset Allocation Fund: Key things to know before investing in NFO1!!!!