Nomura MF has declared dividend on the face value of Rs 10 per unit under the
dividend option of LIC Nomura Fixed Maturity Plan- Series 50. The record date
for dividend is July 10, 2012.
quantum of dividend will be entire distributable surplus as on the record date.
The scheme recorded NAV of Rs 10.2167 per unit as on June 29, 2012.
investment objective of the scheme is to minimize interest rate risk by
investing in a portfolio of fixed income securities which mature on or before
maturity of the scheme.
: Accord Fintech