LIC MF Arbitrage Fund: New Fund Offer (NFO) of LIC Mutual Fund

LIC MF Arbitrage Fund: New Fund Offer (NFO) of LIC Mutual Fund is being issued from 4-January-2019 to 18-January-2019.

LIC MF Arbitrage Fund


According to LIC Mutual Fund, this plan is suitable for investors who are seeking:-

  • Income over a short-term investment horizon,
  • Income through arbitrage opportunities between cash and derivative market and arbitrage opportunities within the derivative segment of the equity market, and
  • Moderately Low
About LIC MF Arbitrage Fund
Name of the Scheme LIC MF Arbitrage Fund
Fund House LIC Mutual Fund
Scheme Type Open Ended
Scheme Category Arbitrage Fund
Issue Starts 4-Jan-2019
Issue Closes 18-Jan-2019
NFO Unit Price Rs 10 per unit
Minimum Investment Rs 5000
Entry Load No
Exit Load No
Investment Manager LIC Mutual Fund Asset Management Ltd.
Investment Objectives

According to the fund house, the investment objectives of the scheme is as follows:-

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.

Proposed Asset Allocation
Instruments Indicative allocations
(% of total assets)
Risk Profile
Minimum Maximum High/ Medium/ Low
Equities and equity related instrument, Derivatives including index futures, stock futures, index options & stock options, etc. # 65 100 High
Debt and Money market instruments ** (including investments in securitized debt) 0 35 Low to Medium

**Investment in Securitised debt shall not normally exceed 30% of the net assets of the Scheme.

# The exposure to derivative shown in the above asset allocation table is exposure taken against the underlying equity investments and should not be considered for calculating the total asset allocation and/or investment restrictions on the issuer. The idea is not to take additional asset allocation with the use of derivative. The margin money deployed on these positions would be included in Money Market category.

(Read: NFO: New Fund Offer of Mutual Funds)

About LIC Mutual Fund

LIC Mutual Fund is one of the oldest mutual funds in India which was incepted in the year 1989. It was established by Life Insurance Corporation (LIC) of India as one of its associate companies. 

As of 30-Sep-2018, the total Asset Under Management of LIC Mutual; Fund is Rs 20425.56 Croes.

Registered Office: 4th Floor, Industrial Assurance Building, Opp. Churchgate Station, Mumbai – 400 020.


Please click here to read the scheme related document.

Disclaimer: This post is just an information about the scheme. It does not give any advice or recommendation. Mutual Fund investments are subject to market risk. Please read the offer document carefully before investing. It is also advised to consult your financial advisor of necessary suggestions. 

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Tags: #NFO #Mutual Fund #New Mutual Fund #LIC NFO #New Fund Offer #LIC Mutual Fund


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