LIC NOMURA MF has launched the NFO of LIC NOMURA MF FIXED MATURITY PLAN - SERIES 53, a close ended income scheme.
The NFO opens for subscription on July 5, 2012 and closes on July 9, 2012. No entry load or exit load will be applicable for the scheme.
The minimum subscription amount is Rs. 10, 000.
The scheme’s performance will be benchmarked against CRISIL Short Term Bond Fund Index and its fund manager is Y D Prasanna.
The investment objective of the scheme is to minimize interest rate risk by investing in fixed income securities which mature on or before the maturity of the scheme.
Source
: Accord Fintech
