LIC Mutual Fund has announced the change in Minimum Subscription Amount – SIP of LICMF ULIS, LICMF Balanced Fund and LICMF Equity Fund, LICMF Growth Fund, LICMF Tax Plan, LICMF Index Fund – Sensex Plan, Nifty Plan a& Sensex Advantage Plan and LICMF Opportunities Fund, with effect from 1 July 2009.
Accordingly, the minimum subscription amount under SIP has decreased to Rs 100 from existing Rs 500.