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Dhanavriddhi '89 Fund

Basic Details

Last Declared NAV:
IDCW: 11.4100
Fund House: LIC Mutual Fund
Redemption date: 15-May-2000
Status: Terminated

Investment Strategy

An assured return scheme, it has an additional feature of insurance and accident cover. It has a lock-in period of three years. Sum up to a maximum of Rs 40,000 is eligible for insurance. The investors would enjoy an insurance cover for 7 or 10 years. The investor will also have an accident cover on the amount invested subject to a maximum of Rs 20000. The scheme offers an assured return of 12 % per annum on the number of unit held. The units would be issued fo the balance amount after deducting a minimum amount towards insurance cover.

Contact Information

AMC: LIC Mutual Fund Asset Management Company Ltd

Address: Industrial Assurance Building Ground Floor, Opp. Churchgate Station Mumbai - 400020

Phone: 022-66016177 / 022-66016178

Fax: 022-22880633

Email: [email protected]

Website: http://www.licmf.com

Registrar & Transfer Agent: KFin Technologies Ltd.

Address: 303, Vamsee Estates, Opp. Big Bazaar, Ameerpet, Hyderabad - 500016

Phone: 040-44857874

Email: [email protected]

Website: www.karvymfs.com