LIC Mutual Fund & Bank of Rajasthan have entered into a stategic tie up whereby Bank of Rajasthan will distribute the products of LIC MF through network of its branches. This move will enable LIC MF to extend its reach to investors across the country.
With such a strategic tie-up Bank of Rajasthan as a distributor will now help millions of investors to invest in the schemes promoted by LIC Mutual Fund. Bank of Rajasthan, with netwok of its branches and potential client base will undoubtedly prove an important distribution partner to LIC Mutual Fund. Bank of Rajasthan will benefit through a new value added service at its end by promoting a trusted brand in Mutual Fund Industry.
The arrangement will presently cover open - ended schemes of LIC MF viz. LIC MF Bond Fund, LIC MF G-Sec Fund, LIC MF Equity Fund, LIC MF Children's Fund, LIC MF Liquid Fund, LIC MF Index Fund, LIC MF Tax Plan & Dhanaraksha 89.
The MOU has been signed at Jaipur on 01/02/2003.