﻿<?xml version="1.0" encoding="utf-8"?><SchemeSummaryDocument xmlns:xsi="http://www.w3.org/2001/XMLSchema-instance"><SchemeSummary><Fund_Name>LIC MF Equity Savings Fund</Fund_Name><Option_Names_Regular__Direct>Direct Plan - Growth-Growth
Regular Plan - Growth-Growth
Direct Plan - Monthly IDCW-Reinvestment
Direct Plan - Monthly IDCW-Payout
Direct Plan - Monthly IDCW-Transfer
Regular Plan - Monthly IDCW-Reinvestment
Regular Plan - Monthly IDCW-Payout
Regular Plan - Monthly IDCW-Transfer
Direct Plan - Quarterly IDCW-Reinvestment
Direct Plan - Quarterly IDCW-Payout
Direct Plan - Quarterly IDCW-Transfer
Regular Plan - Quarterly IDCW-Reinvestment
Regular Plan - Quarterly IDCW-Payout
Regular Plan - Quarterly IDCW-Transfer</Option_Names_Regular__Direct><Fund_Type>An open-ended scheme investing in equity, arbitrage and debt</Fund_Type><Riskometer_At_the_time_of_Launch>Not Applicable</Riskometer_At_the_time_of_Launch><Riskometer_as_on_Date>Moderate</Riskometer_as_on_Date><Category_as_Per_SEBI_Categorization_Circular>Equity Savings</Category_as_Per_SEBI_Categorization_Circular><Potential_Risk_Class_as_on_date>Not Applicable</Potential_Risk_Class_as_on_date><Description_Objective_of_the_scheme>The investment objective of the Scheme is to generate regular income by investing in Debt and money market instruments and using arbitrage and other derivative strategies. The Scheme also intends to generate long capital appreciation through unhedged exposure to equity and equity related instruments. There is no assurance that the investment objective of the Scheme will be achieved.</Description_Objective_of_the_scheme><Stated_Asset_Allocation>Equity and equity related instruments out of which - 65%-90%, Cash future arbitrage opportunities*$:-25%-75%, Net Long Equity exposure*- 15%-40%, Debt &amp;amp; Money market Instruments- 10%-35%, units issued by Infrastructure Investment Trusts (InvITs), Exchange Traded Commodity Derivatives (ETCDs) and mutual fund units including Gold ETFs, Silver ETFs- 0%-25%. The Scheme can take exposure to a stock for either or both arbitrage as well as unhedged exposure. Please refer the Scheme Information Document for complete details.</Stated_Asset_Allocation><Face_Value>Rs. 10/-</Face_Value><NFO_Open_Date>14th February, 2011</NFO_Open_Date><NFO_Close_date>28th February, 2011</NFO_Close_date><Allotment_Date>7th March, 2011 
(w.e.f. 27th March, 2018 the scheme has become effective &amp;amp; prior to this date the scheme was classified as IDBI Monthly Income Plan)</Allotment_Date><Reopen_Date>14th March, 2011</Reopen_Date><Maturity_Date_For_closedend_funds>Not Applicable</Maturity_Date_For_closedend_funds><Benchmark_Tier_1>NIFTY Equity Savings Index</Benchmark_Tier_1><Benchmark_Tier_2>CRISIL 10 Year Gilt Index</Benchmark_Tier_2><Fund_Manager_Name>FM1 Mr. Siddharth Panjwani, FM2 Mr. Pratik Harish Shroff</Fund_Manager_Name><Fund_Manager_Type_PrimaryComanageDescription>FM1 Primary Fund manager - Equity &amp;amp; ArbitrageFM2 Primary Fund Manager - Debt</Fund_Manager_Type_PrimaryComanageDescription><Fund_Manager_From_Date>Mr. Siddharth Panjwani (Equity &amp;amp; Arbitrage) - 1st July 2026, Mr. Pratik Harish Shroff - 26th September 2023</Fund_Manager_From_Date><Annual_Expense_Stated_maximum>Regular 3.31, Direct 2.33</Annual_Expense_Stated_maximum><Exit_Load_if_applicable>Nil, If units of the Scheme are redeemed or switched out up to 12% of the units (the limit) within 3 months from the date of allotment. 1% of the applicable NAV, If units of the scheme are redeemed or switched out in excess of the limit within 3 months from the date of allotment. Nil, If units of scheme are redeemed or switched out after 3 months from the date of allotment.</Exit_Load_if_applicable><Custodian>Standard Chartered Bank</Custodian><Auditor>M/s. Deloite Haskins &amp;amp; Co LLP</Auditor><Registrar>KFin Technologies Ltd</Registrar><RTA_Code_To_be_phased_out>Direct Plan - Growth (IIG1G) I Regular Plan - Growth (IIGPG) I Direct Plan - Monthly IDCW (IIM1R) I Direct Plan - Monthly IDCW (IIM1D) I Direct Plan - Monthly IDCW (IIM1S) I Regular Plan - Monthly IDCW (IIMDR) I Regular Plan - Monthly IDCW (IIMDD) I Regular Plan - Monthly IDCW (IIMDS) I Direct Plan - Quarterly IDCW (IIQ1R) I Direct Plan - Quarterly IDCW (IIQ1D) I Direct Plan - Quarterly IDCW (IIQ1S) I Regular Plan - Quarterly IDCW (IIQDR) I Regular Plan - Quarterly IDCW (IIQDD) I Regular Plan - Quarterly IDCW (IIQDS)</RTA_Code_To_be_phased_out><Listing_Details>Not Applicable</Listing_Details><ISINs>INF397L01AZ5-Direct Plan - Growth-Growth
INF397L01315-Regular Plan - Growth-Growth
INF397L01BB4-Direct Plan - Monthly IDCW-Reinvestment
INF397L01BA6-Direct Plan - Monthly IDCW-Payout
INF397L01BC2-Direct Plan - Monthly IDCW-Transfer
INF397L01265-Regular Plan - Monthly IDCW-Reinvestment
INF397L01257-Regular Plan - Monthly IDCW-Payout
INF397L01273-Regular Plan - Monthly IDCW-Transfer
INF397L01BE8-Direct Plan - Quarterly IDCW-Reinvestment
INF397L01BD0-Direct Plan - Quarterly IDCW-Payout
INF397L01BF5-Direct Plan - Quarterly IDCW-Transfer
INF397L01299-Regular Plan - Quarterly IDCW-Reinvestment
INF397L01281-Regular Plan - Quarterly IDCW-Payout
INF397L01307-Regular Plan - Quarterly IDCW-Transfer</ISINs><AMFI_Codes_To_be_phased_out>Regular Plan - Monthly IDCW - 151949
Regular Plan - Growth - 151950
Regular Plan - Quarterly IDCW - 151951
Direct Plan - Growth - 151952
Direct Plan - Monthly IDCW - 151953
Direct Plan - Quarterly IDCW - 151954</AMFI_Codes_To_be_phased_out><SEBI_Codes>LICM/O/H/ESF/10/11/0005</SEBI_Codes><Minimum_Application_Amount>5000</Minimum_Application_Amount><Minimum_Application_Amount_in_multiples_of_Rs>1</Minimum_Application_Amount_in_multiples_of_Rs><Minimum_Additional_Amount>500</Minimum_Additional_Amount><Minimum_Additional_Amount_in_multiples_of_Rs>1</Minimum_Additional_Amount_in_multiples_of_Rs><Minimum_Redemption_Amount_in_Rs>Rs 500 and in multiples of Re 1/- Thereafter</Minimum_Redemption_Amount_in_Rs><Minimum_Redemption_Amount_in_Units>10</Minimum_Redemption_Amount_in_Units><Minimum_Balance_Amount_if_applicable>NIL</Minimum_Balance_Amount_if_applicable><Minimum_Balance_Amount_in_Units_if_applicable>NIL</Minimum_Balance_Amount_in_Units_if_applicable><Max_Investment_Amount>No Limit</Max_Investment_Amount><Minimum_Switch_Amount_if_applicable>As per target scheme</Minimum_Switch_Amount_if_applicable><Minimum_Switch_Units>500</Minimum_Switch_Units><Switch_Multiple_Amount_if_applicable>1</Switch_Multiple_Amount_if_applicable><Switch_Multiple_Units_if_applicable>1</Switch_Multiple_Units_if_applicable><Max_Switch_Amount>No Limit</Max_Switch_Amount><Max_Switch_Units_if_applicable>No Limit</Max_Switch_Units_if_applicable><Swing_Pricing_if_applicable>Not Applicable</Swing_Pricing_if_applicable><Sidepocketing_if_applicable>Not Applicable.</Sidepocketing_if_applicable><SIP_SWP__STP_Details_Frequency>SIP Details -Daily,Weekly, Monthly, Quarterly    | SWP Details - Monthly, Quarterly ,Half Yearly,Yearly   | STP Details - Daily, Weekly, Monthly, Quarterly</SIP_SWP__STP_Details_Frequency><SIP_SWP__STP_Details_Minimum_amount>SIP Details - 100, 150,200, 1000    | SWP Details - 500,500,500,500    | STP Details - 100, 500, 500, 500</SIP_SWP__STP_Details_Minimum_amount><SIP_SWP__STP_Details_In_multiple_of>SIP, STP - Re.1; STP Details - 1</SIP_SWP__STP_Details_In_multiple_of><SIP_SWP__STP_Details_Minimum_Instalments>&amp;quot;SIP Details - 60,40,30,6    | SWP Details - 6,4,4,4   | STP   : 60,12,12,12 &amp;quot;</SIP_SWP__STP_Details_Minimum_Instalments><SIP_SWP__STP_Details_Dates>SIP  : Daily - All business day, Weekly – Between Monday to Friday, Monthly - Any date between 1st to 28th, Quarterly - Any date between 1st to 28th| SWP Details - Monthly, Quarterly ,Half Yearly &amp;amp; Yearly - Any date between 1st to 28th | STP    :   Daily - All business day, Weekly - Monday to Friday* (*Default will be Friday), Monthly &amp;amp; Quarterly - Any date between 1st to 28th (*Default date/day-10th of the month)</SIP_SWP__STP_Details_Dates><SIP_SWP__STP_Details_Maximum_Amount_if_any>No Limit</SIP_SWP__STP_Details_Maximum_Amount_if_any></SchemeSummary></SchemeSummaryDocument>