Encouraging wider retail participation, LIC Mutual Fund lowers daily minimum SIP limit to Rs 100 Encouraging wider retail participation, LIC Mutual Fund lowers daily minimum SIP limit to Rs 100 A move to promote financial inclusion with affordable investment options. Vardan Pandhare / Wednesday, October 16, 2024 / Article rating: 5.0 The new SIP limits will take effect from October 16, 2024.