LIC Mutual Fund was set up by the Life Insurance Corporation of India on 20th April 1989 to engage in the business of Mutual Fund and in order to achieve this objective to engage in any other activity or business permitted or authorized. The Fund continues to work towards realizing this objective. The Fund was governed by a Board of Trustees earlier and is governed with effect from 8th April 2003 by LIC Mutual Fund Trustee Company Pvt. Ltd.(Trustee Company) on its incorporation under The Companies Act, 1956.
Key highlights
- An open ended Exchange Traded Fund
- NFO opens on Friday, March 04, 2016
- NFO closes on Friday, March 11, 2016
- Entry and Exit load - NIL
- Risk - Moderately High
- Benchmark - NIFTY 100 INDEX
- Minimum Application amount - ... (more)
Key highlights:
A close ended income scheme
NFO opens: Thursday, September 10, 2015
NFO closes: Thursday, September 24, 2015
Plan available: Direct plan and Regular plan
Entry and Exit load: NIL
Option : Dividend payout & Growth ... (more)
LIC Nomura Mutual Fund AMC today announced the appointment of Ms. Sarojini Dikhale as its new Director & Chief Executive Officer. She is India’s only woman leading an Asset Management Company.
Ms. Dikhale brings with her a rich experience of over 32 years in insurance industry. Sh... (more)
Key highlights:
A close ended income scheme
NFO opens: Monday, June 22, 2015
NFO closes: Monday, July 06, 2015
Risk carried: Medium risk (Yellow)
Plan available: Regular and Direct
Entry and Exit load: NIL
Payout option: Growth ... (more)
LIC Nomura Mutual Fund AMC today announced two major appointments of Mr. Saravana Kumar as the Chief Investment Officer-Equity & Debt and Mr. Nityanand Prabhu as the Chief Operating Officer.
Mr. Saravana Kumar brings with him a rich experience of over 25 years in the financial services ... (more)
Key highlights:
An open ended Banking & Financial services sector scheme
NFO opens: Monday, March 09, 2015
NFO closes: Monday, March 23, 2015
Risk carried: High risk (Brown)
Plan available: Regular plan and Direct plan
Payout option: ... (more)
Mr. Nilesh Sathe, CEO, LIC Nomura Mutual Fund on the Union Budget
“This is not a One Year Union Budget. It sets a Road-map for the % year Developmental Agenda set by NDA Govt. Lot of focus on infrastructure, roads, communication, education, power and cleanliness. ... (more)
LIC Nomura Mutual Fund, today, launched its LIC Nomura MF Mid Cap Fund which is an Open Ended Equity Fund. The New Fund Offer (NFO) opens for subscription on February 02, 2015 and closes on February 16, 2015.
The scheme offers return to investors with an objective of long ter... (more)
Highlights
Minimum investment: Rs. 5000/- and thereafter in multiple Re. 1/-
Entry load: Nil
Exit Load: Not applicable
Plans available: Regular and Direct Plan
Options available: Growth, Dividend Payout
