News From Press LIC Mutual files papers for Balanced Advantage NFO

LIC Mutual files papers for Balanced Advantage NFO

Source: The Hindu Business Line Sep 7, 2021

LIC Mutual Fund has filed papers with SEBI for launching new fund offer of Balanced Advantage Fund.

Notwithstanding the boom in equity markets, large fund houses have been attracting huge investment through NFO. SBI Mutual Fund recently raised ₹15,000 crore through Balanced Advantage NFO last month.

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