LIC Mutual Fund launches LIC MF Consumption Fund

NFO period: 31^st Oct - 14^th Nov, 2025

Highlights of the NFO:

• Scheme type - An open-ended equity scheme following consumption theme.


• 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 companies following consumption theme. There is no assurance that the investment objective of the Scheme will be achieved.


• Product suitability - This product is suitable for investors who are seeking capital appreciation over long term. Investment predominantly in equity and equity related instruments of companies following consumption theme.


• Minimum Application Amount - Rs. 5000 and in multiples of Re. 1/- thereafter


• Plan/ Options available - Regular plan & Direct plan having Growth Option and Income Distribution cum Capital Withdrawal (IDCW) Option (with Payout of Income Distribution cum capital withdrawal option and Reinvestment of Income Distribution cum capital withdrawal option).


• Fund Managers - Mr. Sumit Bhatnagar & Mr. Karan Doshi


• Benchmark - Nifty India Consumption Total Return Index (TRI)