LIC Mutual Fund has announced 7 March 2008 as record date for declaration of dividends in three schemes: LIC Index Fund-Sensex Plan. The fund house has decided to pay dividend of 22% i.e. Rs 2.20 on the face value of Rs 10.
LIC Index Fund-Sensex Plan is an open-ended scheme. The investment objective of the fund is to provide capital growth by investing in index stocks.
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