Investment Objective
The investment objective of the Scheme is to achieve long term capital appreciation by predominantly investing in equity and equity related instruments of technology & technology-related companies.
Investment Strategy – T.I.D.E.
Technology, Internet and Digital, Data Centers and ancillary and E -commerce/Q-commerce
(source: licmf.com)
Why LIC MF Technology Fund?
Long-term investors seeking potential capital
appreciation from a portfolio of companies
invested in Technology space
Investors seeking high-risk, theme-based
exposure to companies in the technology space
Young / early-stage wealth builders with
longer investment horizons
Investors looking for innovation in exposure
beyond traditional sectors
Investors looking for funds complimenting
their diversified core equity holdings
(source: licmf.com)
Load Structure
Exit Load –
1. If units of the Scheme are redeemed / switched-out within 90 days from the date of allotment:
a. Upto 12% of the units: No exit load will be levied
b. Above 12% of the units: exit load of 1% will be levied
2. If units of the Scheme are redeemed / switched-out after 90 days from the date of allotment: No exit load will be levied.
Minimum Application Amount
Lumpsum Application Amount (Other than fresh purchase through SIP) – Rs.1,000/- and in multiples of Re.1 thereafter. SIP Amount -*
1) Daily – Rs. 100/- and in multiples of Rs.1/- thereafter.
2) Monthly – Rs. 200/- and in multiples of Rs.1/- thereafter.
3) Quarterly – Rs. 1,000/- and in multiples of Rs.1/- thereafter
SIP Start date shall be after re-opening date of the scheme
Fund Managers
Mr. Karan Doshi
Mr. Jaiprakash Toshniwal
Benchmark Index
BSE TECk Total Return Index(TRI)
Plans and Options
The Scheme offers Regular Plan and Direct Plan.
Regular Plan is for investors who wish to route their investment through
any distributor.
Direct Plan is only for investors who purchase /subscribe Units in a
- Scheme directly with the Mutual Fund or through Registered Investment
- Advisor (RIA) and is not available for investors who route their investments through a Distributor.
The Regular and Direct plan will be having a common portfolio. The Scheme shall have the following Options:
1. Growth Option
2. Income Distribution cum Capital Withdrawal (IDCW) Option*
IDCW Sub Options are:
1. Reinvestment of Income Distribution cum Capital Withdrawal Option
2. Payout of Income Distribution cum Capital Withdrawal Option
Default Option/ Sub option – Growth Option – (In case Growth Option or IDCW Option/ Sub option is not indicated)
*Amounts under IDCW option can be distributed out of investors capital (equalization reserve), which is part of sale price that represents realized gains. However, investors are requested to note that amount of distribution under IDCW option is not guaranteed and subject to availability of distributable surplus.
For detailed disclosure on default plans and options, kindly refer SAI. (Statement of Additional Information).
(source: licmf.com)
| Mutual Fund | LIC Mutual Fund |
| Scheme Name | LIC MF Technology Fund |
| Objective of Scheme | The investment objective of the Scheme is to achieve long term capital appreciation by predominantly investing in equity and equity related instruments of technology & technology-related companies. There is no assurance that the investment objective of the Scheme will be achieved. |
| Scheme Type | Open Ended |
| Scheme Category | Equity Scheme – Sectoral/ Thematic |
| New Fund Launch Date | 20 Feb 2026 |
| New Fund Earliest Closure Date | 06 Mar 2026 |
| New Fund Offer Closure Date | 06 Mar 2026 |
| Indicate Load Separately | 1. If units of the Scheme are redeemed / switched-out within 90 days from the date of allotment: c. Upto 12% of the units: No exit load will be levied d. Above 12% of the units: exit load of 1% will be levied 2. If units of the Scheme are redeemed / switched-out after 90 days from the date of allotment: No exit load will be levied. |
| Minimum Subscription Amount | Application/SwitchIn Rs.1000 & multiples of Re.1 |
| For Further Details Please Visit Website | https://www.licmf.com |
