Last updated: 08-Jul-2024•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.
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