LIC Mutual Fund announces 1.75% div
07/12/2017 15:24
LIC Mutual Fund has announced 1.75 per cent dividend under dividend payout option of scheme named as “LIC MF Growth Fund” on the face value of Rs 10 per unit. The record date for the dividend is November 30. The latest NAV of the scheme is Rs 17.34. The investment objective of the open ended equity diversified scheme is to provide capital growth by investing mainly in a mix of equity instruments. The performance of the scheme was benchmarked against S&P BSE Sensex. Sachin Relekar is the fund manager of the scheme.