06-Aug-2015 •News Desk
LIC Nomura Mutual Fund has decided to change the minimum application amount and minimum SIP Amount under the following schemes:
In LIC Nomura MF Tax Plan the minimum application amount for Purchase is ₹500 and for SIP (for Monthly Mode ₹500 and for Quarterly Mode ₹1500).
The minimum SIP period at the time of registration will be 12 months for all the schemes.
The minimum balance to be maintained in a folio henceforth will be Nil.