Saturday, March 15, 2008

LIC MF Declares Dividends

LIC Mutual Fund has announced 18 March 2008 as record date for declaration of dividends in three schemes: LIC Index Fund-Nifty Plan. The fund house has decided to pay dividend of 20% i.e. Rs 2.00 on the face value of Rs 10.

LIC Index Fund-Nifty Plan is an open-ended index scheme. The investment objective of the fund is to provide capital growth by investing in Nifty index stocks.

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