LIC Mutual Fund has declared dividend payouts in LIC G-Sec and Bond Funds. The record date for both the funds is November 7, 2001. Both LIC Government Securities Fund and LIC Bond Fund will pay a dividend of 3.5 per cent (Rs 0.35 per unit) each. While LIC G-Sec Fund has posted a one-year return of 14.49 per cent, LIC Bond Fund has provided a one-year return of 16.02 per cent, as on October 30, 2001.
