LIC launched new fund offer LIC NOMURA MF MIDCAP FUND, a open ended equity fund. The NFO Opens for subscription on 2nd February 2015 & closes on 16th February 2015. No entry load will be applicable for the scheme.
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[wptabtitle] Scheme Details[/wptabtitle] [wptabcontent]::Key Scheme Feature::
| Scheme Name | LIC NOMURA MF MIDCAP FUND |
|---|---|
| Fund House | LIC NOMURA Mutual Fund |
| Type | Open Ended Equity Fund |
| Category | Midcap |
| BenchMark | CNX Midcap index |
| Term/Duration | 5,000/-& thereafter multiples of 1/- during NFO |
| Fund manager | Sri Nobutaka Kitajima and Shri.Sachin Relekar |
| Scheme Name | LIC NOMURA MF MIDCAP FUND |
|---|---|
| NFO Open | 2 Feb 2015 |
| NFO Close | 16 feb 2015 |
| Scheme Type | Open ended scheme |
| Plan | Regular |
| Minimum Application Amount | minimum of INR -5000/- and in multiples of INR 1/- thereafter |
| Load Structure | Entry- Nil / Exit - 2 % before completion of 18 month , 1% after 18 month & before 24 month , After 24 month -nil |
Cheque Details : “LIC NOMURA MF MIDCAP FUND”
::Investment Strategy::
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[wptabtitle] Objective[/wptabtitle] [wptabcontent]::Investment Objective::
- Long term capital growth.
- To generate long term capital appreciation by investing substantially in a portfolio of equity linked instruments of midcap companies.
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[wptabtitle] Risk Management Strategy[/wptabtitle] [wptabcontent]::Difference::
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