LIC Mutual Fund launches Manufacturing Fund
LIC Mutual Fund to scale down minimum daily SIP limit to Rs 100, monthly SIP cap to Rs 200
At an event, RK Jha, Managing Director and CEO, LIC Mutual Fund, said the AMC is working with registrar KFintech Service and will file an addendum early next month to reduce minimum daily and monthly SIP limit of Rs 100 and Rs 200,
LIC Mutual Fund launches new scheme
The new fund offer (NFO) will remain open for subscription till October 4 while the units under the scheme would be allotted on October 11, the company said. It also said that the scheme will be benchmarked to the Nifty India Manufacturing Index (Total Return Index).
New Fund Offering alert: LIC Mutual Fund launches NFO on manufacturing theme; details inside
The scheme aims to provide a diversified portfolio of companies that come under the ambit of manufacturing theme, including automobiles, pharmaceuticals, chemicals, heavy engineering products, metals,
LIC Mutual Fund Launches New Manufacturing Fund, Targets Rs 60,000 Crore AUM
LIC Mutual Fund has launched a new Manufacturing Fund, an open-ended equity scheme, with a target AUM of Rs 60,000 crore by fiscal-end. The NFO is open till October 4 and the scheme aims to provide a diversified portfolio of companies in the manufacturing sector.
LIC Mutual Fund unveils manufacturing fund
LIC MF Manufacturing Fund offers long-term capital growth through diversified portfolio of manufacturing companies, open for investment until October 4.
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