Friday, February 07, 2003 4:21:12 AM IST 
 
 
 
 
 
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LIC MF Liquid Fund provides an ideal opportunity to make your surplus funds productive even in the short term, while assuring liquidity.
 
The scheme proposes to invest only in money market instruments and short-term debt securities, making your investment safe.
 
It offers weekly tax-free dividend under Dividend Re-investment Plan, which will be automatically re-invested. Returns under the Growth Plan will be reflected in the NAV.
 
So go ahead, make your surplus funds work for you.
H I G H Ll G H T S
Objective: An open ended scheme which seeks to generate reasonable returns with low risk and high liquidity through judicious mix of investment in money market instruments and quality debt instruments
 
INITIAL ISSUE EXPENSES:
The scheme is launched on no load basis, that is initial issue expenses will be borne by JBS AMC Ltd. Thus the scheme would open at par
 
INVESTMENT PATTERN:
About 80% of the corpus will be invested in money market securities and 20% in short-term debt securities
 
LOAD:
No entry or exit load.
 
CHOICE OF PLANS:
(a) Dividend re-investment plan (b) Growth plan.
 
WEEKLY DIVIDEND DECLARATION:
Every Monday
 
NAV:
Calculation of NAV on all 365 days and declaration / publication on all business days
 
Applicable NAV:
Previous day NAV for high value cheques. For non-high value cheques, received upto cut off time, NAV of following business day will be applicable
 
CUT OFF TIME:
10.30 a.m for high value cheques and 1 p.m. for non-high value cheques
 
Initial public offer open from 11 th to 13th March. 2002
Reopens on 18th March, 2002
 
STATUTORY DETAILS:
LIC Mutual Fund has been set up as a Trust sponsored by Life Insurance Corporation of India. Jeevan Bima Sahayog Asset Management Co. Ltd. is the Investment Manager to the Fund.

RISK FACTORS: Mutual Funds and Securities investments are subject to market risks and therels no assurance and no guarantee that the objectives of the Mutual Fund v,ill be achieved. s with any investment in stocks and shares, the NAV of the units issued under the scheme can go up or down depending on the factors and forces affecting the capital markets. Past performance of the Sponsor/AMC/ Mutual Fund does not indicate the future performance of the schemes of the Mutual Fund. LICMF Liquid Fund is the name of the scheme and does not in any manner indicate either the quality of the scheme, its future prospects or returns.

SCHEME SPECIFIC RISK FACTORS: The NAV of units of the scheme may be affected by changes in general level of interest rates.
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