MF News LIC Nomura MF launches FMP Series 68

LIC Nomura MF launches FMP Series 68

Team Cafemutual Aug 13, 2013

LIC Nomura Mutual Fund has launched its close ended scheme with tenure of 370 days i.e. Fixed Maturity Plan Series 68. The scheme aims at minimizing interest rate risk by investing in a portfolio of debt, money market and fixed income securities which matures on or before the maturity of the scheme.

The NFO of the scheme opens on August 12, 2013 and closes at August 13, 2013.

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