Dhanvidya Fund

Investment Strategy

  • The scheme seeks regular income and guarantee returns in the form of fixed scholarship to children after a certain waiting period. The scheme can be opened in favor of children less than 18 years of age and the scholarship is payable on a half-yearly or annual basis. The payment of scholarship would initially be 25 per cent of the face value in the yearly scheme and 12 per cent in the halfyearly scheme. The scheme would invest in equities, CDs and NCDs, and money market instruments.

Contact Information

  • AMC

    LIC Mutual Fund Asset Management Company Ltd

  • Website

    http://www.licmf.com

  • Email

    [email protected]

  • Phone

    022-66016177 / 022-66016178

  • Fax

    022-22880633

  • Address

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

Registrar Agent

  • Registrar & Transfer Agent

    KFin Technologies Ltd.

  • Website

    www.karvymfs.com

  • Email

    [email protected]

  • Phone

    040-44857874

  • Address

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

Basic Details

  • Last Declared NAV:
    Growth: 7.8832
  • Fund House

    LIC Mutual Fund

  • Redemption date

    15-Dec-2003

  • Status

    Redeemed