Life Insurance Corporation of India set up LIC Mutual Fund on 19th June 1989 and contributed Rs. 2 Crores towards the corpus of the Fund. LIC Mutual Fund was constituted as a Trust in accordance with the provisions of the Indian Trust Act, 1882. The settlor is not responsible for the management of the Trust. The settlor is also not responsible or liable for any loss or shortfall resulting in any of the schemes of LIC Mutual Fund.
The Trustees of the LIC Mutual Fund have exclusive ownership of Trust Fund and are vested with general power of superintendence, discretion and management of the affairs of the Trust. LIC Mutal Fund Asset Management Company Ltd. was formed on 20th April 1994 in compliance with the Securities and Exchange Board of India (Mutual Funds) Regulations, 1993. The Company commenced business on 29th April 1994. The Trustees of LIC Mutual Fund have appointed LIC Mutual Fund Asset Management Company Ltd. as the Investment Managers for LIC Mutual Fund. The Trustees are responsible for appointing a Custodian. The Trustees should also ensure that the activities of the Trust and the Asset Management Company are in accordance with the Trust Deed and the SEBI Mutual Fund Regulations as amended from time to time. The Trustees have also to report periodically to SEBI on the functioning of the Fund.
Sponsor: Life Insurance Corporation of India
Trustee: LIC Mutual Fund Trustee Company Pvt. Ltd.
Investment Manager: LIC Mutual Fund Asset Management Company Ltd Statutory Details: Life Insurance Corporation of India set up LIC Mutual Fund on 19th June 1989 and contributed Rs. 2 Crores towards the corpus of the Fund. LIC Mutual Fund was constituted as a Trust in accordance with the provisions of the Indian Trust Act, 1882.
|LIC NOMURA MF Balanced Fund - (D)|
|LIC NOMURA MF Balanced Fund - (G)|
|LIC NOMURA MF Balanced Fund - Direct (D)|
|LIC NOMURA MF Balanced Fund - Direct (G)|
|LIC NOMURA MF Bond Fund - (D)|
|LIC NOMURA MF Bond Fund - (G)|
|LIC NOMURA MF Bond Fund - Direct (D)|
|LIC NOMURA MF Bond Fund - Direct (G)|
|LIC NOMURA MF Children's Fund|
|LIC NOMURA MF Children's Fund - Direct|
|LIC NOMURA MF CPO Fund - Series 1 - Direct (D)|
|LIC NOMURA MF CPO Fund - Series 1 - Direct (G)|
|LIC NOMURA MF CPO Fund - Series 1 (D)|
|LIC NOMURA MF CPO Fund - Series 1 (G)|
|LIC NOMURA MF CPO Fund - Series 2 - Direct (D)|
|LIC NOMURA MF CPO Fund - Series 2 - Direct (G)|
|LIC NOMURA MF CPO Fund - Series 2 (D)|
|LIC NOMURA MF CPO Fund - Series 2 (G)|
|LIC NOMURA MF CPO Fund - Series 3 - Direct (D)|
|LIC NOMURA MF CPO Fund - Series 3 - Direct (G)|
|Scheme Name||NAV(Rs.)||1m %||3m %||6m %||1y %||3y %|
|LIC NOMURA MF Tax Plan - Direct (G)||44||7.45||18.4||33.6||58.02||0|
|LIC NOMURA MF Growth Fund - Direct (G)||18.64||7.42||16.4||25.8||51.01||0|
|LIC NOMURA MF Growth Fund (G)||18.47||7.38||16.26||25.45||50.17||17.09|
|LIC NOMURA MF Tax Plan - (G)||43.27||7.35||18.09||32.91||56.48||18.25|
|LIC NOMURA MF Equity Fund - Direct (G)||38.47||6.25||12.61||34.54||57.9||0|
4th Floor, Industrial Assurance
Buildg, Opp.Churchgate Station
Mumbai 400 020.
SCR-B/19, Indradhu Market,
|Phone : (91)(22)22851661||Phone : 0674 - 2554094|
|Email : firstname.lastname@example.org||Email : email@example.com|
|Website : www.licnomuramf.com||Website : www.licnomuramf.com|
capital market/17:37, Aug 14, 2014
Net inflow of Rs 63.10 crore on 13 August 2014
"Motion is the lotion for our joints. Movement and activity circulate joint fluid and promotes cartilage health and bone strength. Too much sitting with poor posture for more than four hours daily can indeed lead to degenerative joint process which affects knees, hips and spine, says Dr Rajeev K Sharma, Senior Consultant Orthopedic & Joint Replacement Surgeon at Indraprastha Apollo Hospital, New Delhi.
A one-of-its-kind three-day Exhibition at Mumbais Ravindra Natya Mandir will throw open a rare visual treat of priceless Satyajit Ray memorabilia that conveys much more the artistic versatility of the master. Sudhir Raikar reports.
Current account deficit occurs when a countrys total imports are greater than the countrys total exports
In the 2013 CFA Institute Global Market Sentiment Survey, 56% of survey respondents said that poor ethics is the main cause of mistrust in the financial industry. Of these, mis-selling by financial advisers tops the list. If you think youre in that category, be introspective. Ask yourself, Am I doing the wrong things? If yes, make a commitment this year to set forth on a path of doing the right things.
Know the terms commonly associated with the stock market
The survey is significant because when chief executives get worried they start to put off investment choices. They retrench, they make decisions to consolidate rather than expand.
In a newly released research report, it likens Olam to Enron in that there are material similarities in the way their businesses developed and their aggressive accounting. Olam refutes Muddy Waters findings and is suing the California-based firm.
A prime example: cross-border issues related to OTC derivatives reform. In August 2012, regulators from Hong Kong, Australia, and Singapore collectively raised concerns over the U.S.
Last year saw jobs primarily in sectors like healthcare, hospitality and IT/ITES. Apart from these, the other sectors involved in the process of in hiring were non-machinery manufacturing, media and entertainment.
These werent Bernanke innovations nor was the term QE. Many of them had been applied by policy authorities in the late 1930s and 40s as well as Japan in recent years.
Market will rally only after the Budget is passed. By next March, it should fetch 10 to 12% return....