at the very Core of it all … is Content!
At the monetary policy review today (April 5, 2016), RBI cut the repo rate by 25bps. This was in line with our and market expectation. The RBI has tightened the reverse repo and MSF (Marginal Standing Facility) band by 50bps. This will reduce the volatility in money market rates and is a consequence of RBI’s …
Mumbai, 18th February, 2016: LIC Nomura Mutual Fund Asset Management Company today announced the appointment of Mr. Rajesh Patwardhan as its new Chief Marketing Officer, effective immediately. Mr. Patwardhan brings with him a rich experience of over 28 years, out of which 22 years are in financial industry. He joins the AMC from Deutsche Asset …
Highlights: · The annual AAUM has gone up to Rs. 12384 cr as on Dec ‘15 as compared to Rs. 7618 cr as on Dec ‘14 · Equity Schemes like LIC Nomura MF Growth Fund, a flagship equity scheme and LIC Nomura MF Equity Fund have been consistently beating the benchmark returns for …
Mumbai, September 09, 2015: LIC Nomura Mutual Fund plans to launch its closed ended income scheme- LIC Nomura MF Dual Advantage Fixed Term Plan – Series 2, tomorrow. The new fund offers open on Thursday, September 09, 2015 and closes on Thursday, September 24, 2015. It comes with a maturity of 43 months and combines …