Fund News

LIC Mutual Launches Short Term Plan

LIC Mutual Fund is launching LICMF Short Term Plan. The fund would be open for subscription from May

LIC Mutual Fund is launching LICMF Short Term Plan. The fund would be open for subscription from May 29, to June 6, 2003. The minimum investment amount is Rs. 10,000 and in multiples of Rs. 1000/- thereafter. Entry into the fund is without any load, but an exit load of 0.25 per cent would be charged if redeemed within 15 days. The plan offers Growth, Dividend and Dividend Re-investment options.

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