News

LIC AMC announces change in risk-o-meter under various schemes LIC Mutual Fund Asset Management has informed that pursuant to Securities and Exchange Board of India (SEBI) circular no. SEBI/HO/IMD/DF3/CIR/P/2020/197 dated October 05, 2020, regarding Product Labeling in Mutual Fund Schemes – Risk-o-meter, the risk profiling of the following Schemes of LIC Mutual Fund stands modified.  The Risk-o-meter of LIC MF Overnight Fund & LIC MF Ultra Short Duration Fund stands revised from Existing ‘Low’ to ‘Low to Moderate&rsquo...
LIC AMC announces change in risk-o-meter under various schemes
LIC AMC announces change in risk-o-meter under various schemes
Source: Accord Fintech
6/09/2023 3:58:15 PM
LIC soars on infusing incremental capital in LIC Mutual Fund Asset Management Life Insurance Corporation of India is currently trading at Rs. 678.30, up by 18.20 points or 2.76% from its previous closing of Rs. 660.10 on the BSE. The scrip opened at Rs. 661.05 and has touched a high and low of Rs. 690.00 and Rs. 661.05 respectively. So far 504563 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 754.40 on 20-Dec-2022 and a 52 week low of Rs. 530.20 on 29-Mar-2023. Last one week high and lo...
LIC soars on infusing incremental capital in LIC Mutual Fund Asset Management
LIC soars on infusing incremental capital in LIC Mutual Fund Asset Management
Source: Accord Fintech
6/09/2023 3:31:20 PM
LIC Mutual AMC announces cessation of Independent Director LIC Mutual Fund Asset Management (AMC) has informed that, pursuant to SEBI Circular dated November 30, 2017 Ref no. SEBI/HO/IMD/DF2/CIR/P/2017/125 read with SEBI Circular dated February 7, 2018, pertaining to Enhancing fund governance for Mutual Funds, Satish Kamat, ceases to be an Independent Director on the Board of AMC on completion of the maximum term prescribed as per the aforesaid SEBI circulars from the close of business hours of August 29, 2023. Accordingly, all reference to Satish Ka...
LIC Mutual AMC announces cessation of Independent Director
LIC Mutual AMC announces cessation of Independent Director
Source: Accord Fintech
4/09/2023 2:06:48 PM
LIC MF declares IDCW under Aggressive Hybrid Fund LIC Mutual Fund (MF) has informed that LIC Mutual Fund Trustee, the Trustee to LIC Mutual Fund, has approved distribution under Income Distribution cum Capital Withdrawal (IDCW) under LIC MF Aggressive Hybrid Fund (the scheme). The record date for the same is 29th August 2023 or the immediate next Business Day if that day is not a Business Day. The quantum of IDCW on the face value of Rs 10.00 per unit will be Rs 0.10 under Direct Plan IDCW Option and Regular Plan IDCW Option.
LIC MF declares IDCW under Aggressive Hybrid Fund
LIC MF declares IDCW under Aggressive Hybrid Fund
Source: Accord Fintech
28/08/2023 3:26:13 PM
Quote on MPC meet outcome from Mr. Marzban Irani, CIO - Debt at LIC MF Below the Quote on MPC meet outcome from Mr. Marzban Irani, CIO - Debt at LIC MF     "No change in rates inline with market expectations. Policy rates expected to remain higher for longer. Inflation projections have been increased due to food prices which might settle by September to December. Excess liquidity due to 2000 notes, RBI dividend and capital flows might fuel Inflation. Hence incremental deposits CRR has been increased by 10 percent. This will abso...
Quote on MPC meet outcome from Mr. Marzban Irani, CIO - Debt at LIC MF
Quote on MPC meet outcome from Mr. Marzban Irani, CIO - Debt at LIC MF
Source: PR Agency
10/08/2023 12:51:08 PM
LIC Mutual Fund Asset Management announces change in scheme name LIC Mutual Fund has informed the change in scheme name of LIC MF Debt Hybrid Fund, LIC MF Govt. Securities Fund and LIC MF Savings Fund to LIC MF Conservative Hybrid Fund, LIC MF Gilt Fund and LIC MF Low Duration Fund respectively, with effect from August 07, 2023. This Notice cum addendum shall form an integral part of the Scheme Information Document (SID) and Key Information Memorandum (KIM) of the Schemes of LIC Mutual Fund as amended from time to time. All other terms and conditions of...
LIC Mutual Fund Asset Management announces change in scheme name
LIC Mutual Fund Asset Management announces change in scheme name
Source: Accord Fintech
7/08/2023 4:15:57 PM
LIC AMC announces resignation of nominee director LIC Mutual Fund Asset Management has informed that Y. Viswanatha Gowd, Nominee Director has resigned from the Board of Directors of LIC Mutual Fund Asset Management with effect from the close of business hours of 31st July 2023. Accordingly, all references to Y. Viswanatha Gowd in the SAI stands deleted.  All other terms & conditions of SAI remain unchanged. This Notice cum addendum shall form an integral part of the SAI of LIC Mutual Fund as amended from time to time.  
LIC AMC announces resignation of nominee director
LIC AMC announces resignation of nominee director
Source: Accord Fintech
4/08/2023 12:58:57 PM
LIC MF AMC informs about effective date for completion of transfer of all schemes from IDBI MF to LIC MF LIC Mutual Fund Asset Management has informed that in terms of Notice Cum Addendum number 16 of 2023-24 dated 16th June 2023 (referred to as ‘said Notice’) issued by LIC AMC, all the schemes of IDBI MF shall stand transferred to LIC MF on and from July 29, 2023 (‘Completion Date’). Pursuant to the same: 1) IDBI MF Trustee Company (‘IDBI Trustee’) shall transfer the trusteeship of all the schemes of IDBI MF (‘IDBI MF Schemes’) (along with all ass...
LIC MF AMC informs about effective date for completion of transfer of all schemes from IDBI MF to LIC MF
LIC MF AMC informs about effective date for completion of transfer of all schemes from IDBI MF to LIC MF
Source: IANS
28/07/2023 3:42:44 PM
LIC MF declares IDCW under Tax Plan LIC Mutual Fund (MF) has informed that LIC Mutual Fund Trustee, the Trustee to LIC Mutual Fund, approved distribution under Income Distribution cum Capital Withdrawal (IDCW) under LIC MF Tax Plan (the scheme). The record date for the same is July 24, 2023 or the immediate next Business Day if that day is not a Business Day. The quantum of IDCW on the face value of Rs 10.00 per unit will be Rs 0.25 under Direct Plan IDCW Option and Regular Plan IDCW Option .
LIC MF declares IDCW under Tax Plan
LIC MF declares IDCW under Tax Plan
Source: Accord Fintech
21/07/2023 12:41:49 PM
LIC AMC announces addendum for investments made in name of minor LIC Mutual Fund Asset Management has informed that, pursuant to SEBI Circular No. SEBI/HO/IMD/PODII/CIR/P/2023/0069 dated May 12, 2023, following process/change shall be applicable with respect to Investments made in the name of a minor through a guardian with effect from June 15, 2023: Payment for investment by any mode shall be accepted from the bank account of the minor, parent or legal guardian of the minor, or from a joint account of the minor with parent or legal guardian. Irrespective ...
LIC AMC announces addendum for investments made in name of minor
LIC AMC announces addendum for investments made in name of minor
Source: Accord Fintech
19/06/2023 3:55:33 PM
LIC AMC announces change in address of branch office LIC Mutual Fund Asset Management has informed that Branch Office of AMC located at ‘Rjavee Enclave Shop No.2 Gr. Floor, Near Old Muncipial Corporation New Pandit colony Nasik- 422002. Telephone-+91 253 2579507’ has been shifted to new location at ‘Bedmutha’s Navkar Heights Office No: 03, 3rd Floor, New Pandit Colony, Sharanpurroad, Nasik- 422002. Telephone-+91 253 2579507’ with effect from June 15, 2023. The branch office will be an Official Point of Acceptance f...
LIC AMC announces change in address of branch office
LIC AMC announces change in address of branch office
Source: Accord Fintech
19/06/2023 3:46:14 PM
Debt Market commentary by LIC Mutual Fund CIO (Debt) Mr. Marzban Irani on FOMC Below the quote on  FOMC Update: • As expected, the Fed has kept the rates unchanged at 5-5.25%. A 90bps fall in headline inflation possibly comforted Fed to keep policy rates unchanged. However, sticky core inflation at 5.3% might prompt Fed to keep the option to hike open at the moment. • The surprising factor was the dot plot signaling 2 more rate hikes in 2023. • On rate cuts, Powell mentioned that rate action is unlikely until inflation declines. As already fact...
Debt Market commentary by LIC Mutual Fund CIO (Debt) Mr. Marzban Irani on FOMC
Debt Market commentary by LIC Mutual Fund CIO (Debt) Mr. Marzban Irani on FOMC
Source: PR Agency
16/06/2023 10:51:18 AM
LIC AMC announces Change in Fund Manager under Large & Mid Cap Fund and Large Cap Fund LIC Mutual Fund Asset Management has informed that the Fund Management responsibilities of LIC MF Large & Mid Cap Fund and LIC MF Large Cap Fund (the Schemes) of LIC Mutual Fund are being changed with effect from June 01, 2023:  The Existing Fund Manager under LIC MF Large & Mid Cap Fund is Yogesh Patil -Fund Manager, while New Fund Manager(s) are Yogesh Patil & Dikshit Mittal - Co Fund Manager. For the LIC MF Large Cap Fund the Existing Fund Manager is Yogesh Patil - Fund Ma...
LIC AMC announces Change in Fund Manager under Large & Mid Cap Fund and Large Cap Fund
LIC AMC announces Change in Fund Manager under Large & Mid Cap Fund and Large Cap Fund
Source: Accord Fintech
1/06/2023 5:28:24 PM
LIC AMC announces resignation of Debt Dealer LIC Mutual Fund Asset Management has informed that Ayan Nandy, Debt Dealer has resigned from the services of LIC Mutual Fund Asset Management and hence ceases to be a Key Personnel for the schemes of LIC Mutual Fund from the closing business hours of May 16, 2023. All references of Ayan Nandy in the SAI stands deleted. This Notice cum addendum shall form an integral part of the SAI of LIC Mutual Fund as amended from time to time. All other contents of the SAI will remain unchanged. &nbs...
LIC AMC announces resignation of Debt Dealer
LIC AMC announces resignation of Debt Dealer
Source: Accord Fintech
19/05/2023 2:42:52 PM
LIC MF AMC announces Requirement of Minimum application amount for ETFs LIC Mutual Fund Asset Management Company (AMC) has announced Addendum to the Scheme Information Document (SID) And Key Information Memorandum (KIM) of LIC MF Nifty 50 ETF,LIC MF NIFTY 100 ETF, LIC MF S & P BSE SENSEX ETF & LIC MF NIFTY 8-13 YR G-SEC ETF (collectively referred to as the Exchange Traded Funds - ETFs) of LIC Mutual Fund. LIC Mutual Fund has informed that that in line with SEBI Circular nos. SEBI/HO/IMD/DOF2/P/CIR/2022/69 dated May 23, 2022, SEBI/HO/IMD/DF2/CIR/P/2022/...
LIC MF AMC announces Requirement of Minimum application amount for ETFs
LIC MF AMC announces Requirement of Minimum application amount for ETFs
Source: Accord Fintech
8/05/2023 4:04:18 PM
LIC MF AMC announces Change in Risk-o-meter of Banking & PSU Debt Fund LIC Mutual Fund Asset Management has informed that pursuant to SEBI circular no. SEBI/HO/IMD/DF3/CIR/P/2020/197 dated October 05, 2020, regarding Product Labeling in Mutual Fund Schemes – Risk-o-meter, the risk profiling of the following Schemes of LIC Mutual Fund stands modified. The Risk-o-meter of LIC MF Banking & PSU Debt Fund (an open-ended debt scheme predominantly investing in debt instruments of banks, public sector undertakings, public financial institutions, and municipal ...
LIC MF AMC announces Change in Risk-o-meter of Banking & PSU Debt Fund
LIC MF AMC announces Change in Risk-o-meter of Banking & PSU Debt Fund
Source: Accord Fintech
8/05/2023 4:01:49 PM
LIC AMC announces change in address of OPA LIC Mutual Fund Asset Management has informed that Investor Service Centre (ISC) and Official Point of Acceptance (OPA) of KFin Technologies located at ‘Kfin Technologies, Ali Arcade, 1st Floor, kizhavana Road, Panampilly Nagar, Near Atlantis Junction, Ernakulam, Kerala- 682036, Phone No: 0484- 4025059’ is shifting to new premises ‘KFin Technologies, Door No:61/2784, 2nd Floor, Sreelakshmi Tower, Chittoor Road, Ravipuram, Ernakulam, Kerala – 682015, Phone No: 0484- 402...
LIC AMC announces change in address of OPA
LIC AMC announces change in address of OPA
Source: Accord Fintech
27/04/2023 12:23:49 PM
Quote on Mutual Fund Net Inflow by Ashwin Patil, LIC Mutual Fund Below is Quote on Mutual Fund Net Inflow by Mr. Ashish Patil, Head - Product & Strategy, LIC Mutual Fund  FY23 belonged to passive funds and SIPs. Open ended domestic passive funds saw net inflows of Rs.1.56 lakh crore in FY23. SIP AUM also closed at Rs.6.83 lakh crore in FY23 which is 17% of overall MF industry AUM. SIP contributions to mutual fund schemes increased to Rs.1.56 lakh crore in FY23 from Rs.1.25 lakh crore in FY22, registering an increas...
Quote on Mutual Fund Net Inflow by Ashwin Patil, LIC Mutual Fund
Quote on Mutual Fund Net Inflow by Ashwin Patil, LIC Mutual Fund
Source: LIC Mutual Fund
17/04/2023 4:51:38 PM
LIC AMC announces appointment of Independent Director LIC Mutual Fund Asset Management has informed that Praveen Garg (DIN 00208604) has been appointed as Independent Director on the Board of AMC with effect from April 06, 2023. Brief Profile of Praveen Garg as follows: Praveen Garg (age 61 years). He is (Retd.) IAS and also a Chartered Accountant. Currently, he is working as Advisor in Mobius Foundation at New Delhi (June 09, 2022 till date). He is also working as Member, Appellate Authority under CA, CS and CMA acts (February 2022 till date...
LIC AMC announces appointment of Independent Director
LIC AMC announces appointment of Independent Director
Source: Accord Fintech
12/04/2023 4:43:01 PM
LIC AMC announces Change in Risk-o-meter under various schemes LIC Mutual Fund Asset Management has informed that pursuant to Securities and Exchange Board of India (SEBI) circular no. SEBI/HO/IMD/DF3/CIR/P/2020/197 dated October 05, 2020, regarding Product Labeling in Mutual Fund Schemes – Risk-o-meter, the risk profiling of the following Schemes of LIC Mutual Fund stands modified. The Risk-o-meter of LIC MF Liquid Fund & LIC MF Banking & PSU Debt Fund stands revised from Existing ‘Moderate’ to ‘Low to Moderate’ ...
LIC AMC announces Change in Risk-o-meter under various schemes
LIC AMC announces Change in Risk-o-meter under various schemes
Source: IANS
6/04/2023 3:28:10 PM
LIC Mutual Fund Asset Management announces change in benchmark LIC Mutual Fund has informed that pursuant to CRISIL communication to AMFI and subsequent AMFI communication to LIC Mutual Fund Asset Management (AMC), the nomenclature of Benchmarks for following schemes of LIC Mutual Fund are being revised with effect from April 03, 2023. The Existing Benchmark of LIC MF Bond Fund (the scheme) is CRISIL Medium to Long Duration Fund BIII Index, while the Revised Benchmark will be CRISIL Medium to Long Duration Debt B-III Index, LIC MF Liquid Fund the Exis...
LIC Mutual Fund Asset Management announces change in benchmark
LIC Mutual Fund Asset Management announces change in benchmark
Source: Accord Fintech
5/04/2023 10:05:09 AM
LIC AMC announces Change in risk-o-meter of Balanced Advantage Fund LIC Mutual Fund Asset Management has announced that pursuant to Securities and Exchange Board of India (SEBI) circular no. SEBI/HO/IMD/DF3/CIR/P/2020/197 dated October 05, 2020, regarding Product Labeling in Mutual Fund Schemes - Risk-o-meter, the risk profiling of LIC MF Balanced Advantage Fund (the scheme) of LIC MF stands modified. The risk-o-meter of LIC MF Balanced Advantage Fund (an open-ended Dynamic Asset Allocation Fund) stands revised from existing ‘Moderately High’ to &...
LIC AMC announces Change in risk-o-meter of Balanced Advantage Fund
LIC AMC announces Change in risk-o-meter of Balanced Advantage Fund
Source: Accord Fintech
9/03/2023 2:56:11 PM
CPI inflation came in at 6.52% vs market expectation of 6.25% Says Mr Marzban Irani, LIC Mutual Fund Below are Views On CPI Data By Mr Marzban Irani,  CIO - Debt , LIC Mutual Fund CPI inflation came in at 6.52% vs market expectation of 6.25%. Food inflation was the main culprit driven by inflation in cereals prices which rose at the rate of 16% yoy increase. Core CPI continues to be around 6%. Impact of CPI On account of higher than market expected CPI numbers, yields have inched up by 3bps - 4bps in the 10 year segment. View going Ahead Food inflation is sea...
CPI inflation came in at 6.52% vs market expectation of 6.25% Says Mr Marzban Irani, LIC Mutual Fund
CPI inflation came in at 6.52% vs market expectation of 6.25% Says Mr Marzban Irani, LIC Mutual Fund
Source: PR Agency
14/02/2023 2:59:25 PM
Post Budget Reaction : Secondly, limiting the increase on small savings like FD for women Mr Marzban Irani, LIC Mutual Fund Below are Views On Post Budget Reaction By Mr Marzban Irani,  CIO - Debt , LIC Mutual Fund "In Spite of spending on Capex, the government has managed to keep the market borrowings lower and parallel adherence to FRBM act by keeping fiscal deficit at 5.9 percent compared to 6.4 percent earlier. Secondly, limiting the increase on small savings like FD for women, senior citizens and MIP of the post office is a good step. Lastly focus is increased on health and educa...
Post Budget Reaction : Secondly, limiting the increase on small savings like FD for women Mr Marzban Irani, LIC Mutual Fund
Post Budget Reaction : Secondly, limiting the increase on small savings like FD for women Mr Marzban Irani, LIC Mutual Fund
Source: PR Agency
1/02/2023 4:24:30 PM
LIC MF declares Income Distribution cum Capital Withdrawal under Equity Hybrid Fund LIC Mutual Fund (MF) has informed that LIC Mutual Fund Trustee, the Trustee to LIC Mutual Fund, has approved distribution under Income Distribution cum Capital Withdrawal (IDCW) in LIC MF Equity Hybrid Fund (the scheme). The record date for the same is 24th January 2023. The quantum of IDCW on the face value of Rs 10 per unit will be Rs 0.10 under Direct Plan IDCW Option and Regular Plan IDCW Option.
LIC MF declares Income Distribution cum Capital Withdrawal under Equity Hybrid Fund
LIC MF declares Income Distribution cum Capital Withdrawal under Equity Hybrid Fund
Source: Accord Fintech
23/01/2023 11:09:08 AM
LIC MF declares IDCW under Tax Plan LIC Mutual Fund (MF) has informed that LIC Mutual Fund Trustee, the Trustee to LIC Mutual Fund, has approved distribution under Income Distribution cum Capital Withdrawal (IDCW) in LIC MF Tax Plan (the scheme). The record date for the same is 28th December, 2022. The quantum of IDCW on the face value of Rs 10 per unit will be Rs 0.25 under Direct Plan IDCW Option and Regular Plan IDCW Option.
LIC MF declares IDCW under Tax Plan
LIC MF declares IDCW under Tax Plan
Source: Accord Fintech
26/12/2022 12:44:09 PM
LIC MF declares IDCW under Equity Hybrid Fund LIC Mutual Fund (MF) has informed that LIC Mutual Fund Trustee, the Trustee to LIC Mutual Fund, has approved distribution under Income Distribution cum Capital Withdrawal (IDCW) in LIC MF Equity Hybrid Fund (the scheme). The record date for the same is 28th December, 2022. The quantum of IDCW on the face value of Rs 10 per unit will be Rs 0.10 under Direct Plan IDCW Option and Regular Plan IDCW Option.
LIC MF declares IDCW under Equity Hybrid Fund
LIC MF declares IDCW under Equity Hybrid Fund
Source: Accord Fintech
26/12/2022 11:46:49 AM
LIC AMC announces re-opening of ISC and OPA LIC mutual Fund (MF) has informed about re-opening of the below mentioned Investor Service Centre (ISC) of KFin which is Official Point of Acceptance (OPA) of the Schemes of LIC MF with effect from 15-12-2022. Address: KFin Technologies, 2nd Floor, Sahni Arcade Complex Adjoining Indra Colony Gate, Railway Road, Pathankot Punjab – 145001. Landline no. 0186-5074362. This ISC will be an Official Point of Acceptance for Transactions of LIC MF. This Notice cum addendum shall form an in...
LIC AMC announces re-opening of ISC and OPA
LIC AMC announces re-opening of ISC and OPA
Source: Accord Fintech
16/12/2022 2:25:41 PM
LIC AMC announces change in risk-o-meter under various schemes LIC Mutual Fund Asset Management has announced that pursuant to Securities and Exchange Board of India (SEBI) circular no. SEBI/HO/IMD/DF3/CIR/P/2020/197 dated October 05, 2020, regarding Product Labeling in Mutual Fund Schemes – Risk-o-meter, the risk profiling of the following Schemes of LIC Mutual Fund stands modified. The Risk-o-meter as on November 30, 2022 for the LIC MF Liquid Fund is ‘Moderate’, for the LIC MF Overnight Fund is ‘Low to Moderate’, for the ...
LIC AMC announces change in risk-o-meter under various schemes
LIC AMC announces change in risk-o-meter under various schemes
Source: Accord Fintech
8/12/2022 2:56:52 PM
LIC MF declares IDCW under Equity Hybrid Fund LIC Mutual Fund (MF) has informed that LIC Mutual Fund Trustee, the Trustee to LIC Mutual Fund, has approved distribution under Income Distribution cum Capital Withdrawal (IDCW) in LIC MF Equity Hybrid Fund (the scheme). The record date for the same is 28th November 2022. The quantum of IDCW on the face value of Rs 10 per unit will be Rs 0.10 under Direct Plan IDCW Option and Regular Plan IDCW Option.
LIC MF declares IDCW under Equity Hybrid Fund
LIC MF declares IDCW under Equity Hybrid Fund
Source: Accord Fintech
24/11/2022 2:05:58 PM
LIC AMC informs about resignation of nominee director LIC Asset Management Company (AMC) has informed that, Shobha Reddy, Nominee Director has resigned from the Board of Directors of LIC Mutual Fund Asset Management with effect from the closing business hours of November 14, 2022. Accordingly, all references to Shobha Reddy in the SAI stands deleted. All other terms & conditions of SAI remains unchanged. This Notice cum addendum shall form an integral part of the SAI of LIC Mutual Fund as amended from time to time.
LIC AMC informs about resignation of nominee director
LIC AMC informs about resignation of nominee director
Source: Accord Fintech
22/11/2022 12:36:40 PM
LIC AMC announces change in risk-o-meter under various schemes LIC Mutual Fund Asset Management has announced that pursuant to Securities and Exchange Board of India (SEBI) circular no. SEBI/HO/IMD/DF3/CIR/P/2020/197 dated October 05, 2020, regarding Product Labeling in Mutual Fund Schemes – Risk-o-meter, the risk profiling of the following Schemes of LIC Mutual Fund stands modified. The Risk-o-meter as on October 31, 2022 for the LIC MF Government Securities Fund is Moderate, for the LIC MF Overnight Fund is Low, for the LIC MF Debt Hybrid Fund &a...
LIC AMC announces change in risk-o-meter under various schemes
LIC AMC announces change in risk-o-meter under various schemes
Source: Accord Fintech
9/11/2022 12:57:54 PM
LIC AMC informs about resignation of equity dealer LIC Mutual Fund Asset Management has informed that Dhawal Pandya, Equity Dealer has resigned from the services of LIC Mutual Fund Asset Management and hence ceases to be a Key Personnel for the schemes of LIC Mutual Fund (MF) from the closing business hours of 20th October 2022. All reference of Dhawal Pandya in the SAI stands deleted. This Notice cum addendum shall form an integral part of the SAI of LIC MF as amended from time to time. All other contents of the SAI will remain unchanged.
LIC AMC informs about resignation of equity dealer
LIC AMC informs about resignation of equity dealer
Source: Accord Fintech
25/10/2022 12:46:50 PM
Kotak Mahindra MF introduces Nifty SDL Plus AAA PSU Bond Jul 2033 60:40 Index Fund Kotak Mahindra Mutual Fund (MF) has launched Kotak Nifty SDL Plus AAA PSU Bond Jul 2033 60:40 Index Fund, an open-ended Target Maturity Index Fund investing in constituents of Nifty SDL Plus AAA PSU Bond Jul 2033 60:40 Index. A relatively high interest rate risk and relatively low credit risk. The NFO opens for subscription on October 06, 2022 and closes on October 17, 2022. The Entry load is nil for the scheme. The Exit load will be 0.15% of applicable NAV, for redemption / switch-out of uni...
Kotak Mahindra MF introduces Nifty SDL Plus AAA PSU Bond Jul 2033 60:40 Index Fund
Kotak Mahindra MF introduces Nifty SDL Plus AAA PSU Bond Jul 2033 60:40 Index Fund
Source: Accord Fintech
6/10/2022 11:52:11 AM
LIC MF introduces Multi Cap Fund LIC Mutual Fund (MF) has launched LIC MF Multi Cap Fund, an open-ended equity scheme investing across large cap, mid cap and small cap stocks. The NFO opens for subscription on October 06, 2022 and closes on October 20, 2022. The Entry load is not applicable for the scheme. The 12% of the units allotted shall be redeemed or switched out without any exit load, on or before completion of 12 months from the date of allotment of units, 1% on remaining units if redeemed or switched out on or befor...
LIC MF introduces Multi Cap Fund
LIC MF introduces Multi Cap Fund
Source: Accord Fintech
6/10/2022 11:52:05 AM
Overnight funds witness inflows in July after one month pause Overnight funds category witnessed heavy inflows in July after registering outflows in the previous month. This is because of the rise in overnight rates which has made this category attractive for most investors. According to the AMFI data, overnight fund saw inflows worth Rs 19,918.66 crore, as compared to Rs 20,668.02 crore outflows in the previous month. June remained the only month where the overnight funds had witnessed outflows. "Two things have been happening simultaneously...
Overnight funds witness inflows in July after one month pause
Overnight funds witness inflows in July after one month pause
Source: IANS
11/08/2022 1:54:24 PM
`If rupee continues to be under pressure, RBI may look at alternate measures` Rahul Singh, Senior Fund Manager  Fixed Income,LIC Mutual Fund  Asset Management Ltd, said that if the rupee continues to be under pressure, the RBI may look at alternate measures. The recent fall in 10-year US yield and dollar index may also have provided some respite for the time being. Excerpts from the interview: Q. How much repo rate hike do you expect in the upcoming monetary policy and what will be the stance? A: We expect 35-50 bps repo rate hike in the upcoming p...
`If rupee continues to be under pressure, RBI may look at alternate measures`
`If rupee continues to be under pressure, RBI may look at alternate measures`
Source: IANS
2/08/2022 12:51:55 PM
LIC MF Equity Hybrid Fund: change in investment factsheets for June 2022 LIC MF Equity Hybrid Fund has announced change in investment factsheets and fund flash for the month ended June 30, 2022. As on Jun 30, 2022, the total size of the Fund was Rs 406.04 crores, compared with Rs 422.75 crores in the last month.The Equity - Hybrid fund with IDCW plan was launched on Jan 01, 1991 and managed by Fund Managers Yogesh Patil, Karan Doshi. The top five companies based on a percentage of total holdings were ICICI Bank Ltd. (33.84 Cr.), Infosys Ltd. (26.00 Cr.), HDFC Bank...
LIC MF Equity Hybrid Fund: change in investment factsheets for June 2022
LIC MF Equity Hybrid Fund: change in investment factsheets for June 2022
Source: Dion Global Solutions Ltd
13/07/2022 11:37:26 AM
LIC MF Equity Hybrid Fund: change in investment factsheets for June 2022 LIC MF Equity Hybrid Fund has announced change in investment factsheets and fund flash for the month ended June 30, 2022. As on Jun 30, 2022, the total size of the Fund was Rs 406.04 crores, compared with Rs 422.75 crores in the last month. The Equity - Hybrid fund with IDCW plan was launched on Jan 01, 1991 and managed by Fund Managers Yogesh Patil, Karan Doshi. The top five companies based on a percentage of total holdings were ICICI Bank Ltd. (33.84 Cr.), Infosys Ltd. (26.00 Cr.), HDFC ...
LIC MF Equity Hybrid Fund: change in investment factsheets for June 2022
LIC MF Equity Hybrid Fund: change in investment factsheets for June 2022
Source: Dion Global Solutions Ltd
13/07/2022 10:54:20 AM
LIC Mutual Fund files offers document for Multi Cap Fund LIC Mutual Fund has filed offer document with SEBI to launch open-ended equity named ‘LIC MF Multi Cap Fund'. The New Fund Offer price is Rs 10. Entry load will be nil and Exit load will be 12% of the units allotted shall be redeemed or switched out without any exit load, on or before completion of 12 months from the date of allotment of units; 1% on remaining units if redeemed or switched out on or before completion of 12 months from the date of allotment of units will be Nil, if r...
LIC Mutual Fund files offers document for Multi Cap Fund
LIC Mutual Fund files offers document for Multi Cap Fund
Source: Accord Fintech
17/06/2022 4:37:26 PM
LIC MF introduces Balanced Advantage Fund LIC Mutual Fund (MF) has launched the LIC Balanced Advantage Fund, an open-ended Dynamic Asset Allocation Fund. The NFO opens for subscription on October 20, 2021 and closes on November 03, 2021. The Entry load is not applicable for the scheme. The exit load will be nil, if 12% of the units allotted shall be redeemed or switched out, on or before completion of 12 months from the date of allotment of units, 1% of exit load on remaining units if redeemed or switched out on or before completion ...
LIC MF introduces Balanced Advantage Fund
LIC MF introduces Balanced Advantage Fund
Source: Accord Fintech
20/10/2021 3:07:01 PM