LIC MF Launches New Tech Fund: Invests Beyond IT in Semiconductors, Digital Commerce

• LIC Mutual Fund introduces LIC MF Technology Fund, a thematic equity scheme focusing on diverse tech sectors.
• NFO open from February 20 to March 6; regular transactions resume March 19.
• Fund managed by Karan Doshi and Jaiprakash Toshniwal, benchmarked against BSE TECK Total Return Index (TRI).
• Invests in semiconductors, data centers, digital commerce, internet businesses, and emerging tech, not just traditional IT.
• Minimum NFO investment ₹1,000; SIPs available from ₹100 daily, ₹200 monthly, or ₹1,000 quarterly.