LIC of India

LIC Mutual Fund Asset Management company ltd., is the investment manager to LIC Mutual Fund. LIC Mutual Fund has launched 100 schemes since inception. Out of 36 ongoing schemes, continous sale and repurchase is available under 20 open ended schemes. The AMC was able to mobilize substantial funds for the financial year and the Average [...]

Mutual Funds – The Logic behind Investing A mutual fund is a professionally managed type of collective investment scheme that pools money from many investors and invests typically in investment securities (stocks, bonds, short-term money market instruments, other mutual funds, other securities, and/or commodities such as precious metals). In accordance with the fund’s investment objective [...]