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LIC MF Dividend


LIC Mutual Fund has declared a dividend of 3.00 per cent under its Bond Fund and Government Securities Fund scheme for the first quarter of FY 2002-03.

All unit holders as on 5th July 2002, will be eligible for the dividend.

Launched in May 1999,LIC MF Bond Fund-D, a debt medium term fund, has given an annualised return for the year to date as on July 01,2002 stands at 6.32 percent which has marginally outperformed the category average.

Launched in November 1999,LIC MF Government Securities Fund-D, a gilt-medium & long-term fund, has given an annualised return for the year to date as on July 01,2002 stands at 7.48 percent which has bettered the category average.