LIC Nomura MF declared dividend on the face value of Rs 10 per unit under the quarterly dividend option of LIC Nomura Fixed Maturity Plan - Series 51. The Record date for dividend is July 24, 2012.
The quantum of dividend will be entire distributable surplus as on the record date. The scheme recorded NAV of Rs 10.1962 per unit as on July 12, 2012.
The 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 the date of the maturity of the scheme.
Source : Accord Fintech
