LIC Nomura Mutual Fund has announced 14 August 2012 as the record date for declaration of dividend on the face value of Rs 10 per unit under the dividend option of LIC Nomura MF Balanced Fund.
The quantum of dividend will be Rs 0.20 per unit as on the record date. The scheme recorded NAV of Rs 10.7679 per unit as on 3 August 2012.
LIC Nomura MF Balance Fund aims to provide regular flow of dividend and capital appreciation especially when the units are held for a longer period.