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LIC Nomura MF to launch capital protection fund soon

rom the new fund offer, LIC Nomura MF aims to raise around Rs. 2 billion from investors

November 06, 2013 3:07 IST | India Infoline News Service
LIC Nomura Mutual Fund plans to launch a capital protection fund shortly, according to a media report.

From the new fund offer, LIC Nomura MF aims to raise around Rs. 2 billion from investors, the report added.

LIC Nomura Mutual Fund is a tie-up between insurance major LIC and Japan-based Nomura, with LIC holding 65 percent stake in the joint venture.

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