| LIC Nomura MF introduces Capital Protection Oriented Fund Series 5 (38 Months) | |
| Sep 16,2014 09:06 Hrs IST | |
LIC Nomura Mutual Fund has launched the New Fund Offer (NFO) of LIC Nomura Capital Protection Oriented Fund Series 5 (38 Months), a close ended income scheme. The NFO opens for subscription on Sep 16, 2014 and closes on Sep 24, 2014. No entry load or exit load will be applicable for the scheme. The minimum subscription amount is Rs 5,000 & thereafter multiples of 1 during NFO
The scheme’s performance will be benchmarked against CRISIL MIP Blended Index and its fund managers are Kunal Jain and Sachin Relekar.
The investment objective of the scheme is to achieve capital protection by investing in fixed income securities maturing on or before the tenure of the scheme and seeks capital appreciation by investing in equity and equity related instruments.
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Tuesday, 16 September 2014
LIC Nomura MF introduces Capital Protection Oriented Fund Series 5 (38 Months)
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