LIC Mutual Fund has Introduction of STEP-UP facility under SIP
Aug 12 2016
News Category: AMC Specific Updates
LIC Mutual Fund has introduced STEP-UP facility under Systematic Investment Plan (SIP). The facility will enable investors to increase the amount of SIP installment at pre-defined frequency by a fixed amount during the tenure of SIP. STEP-UP facility would be available to all new SIP enrolments.