LIC MF Money Market Fund – LIC Mutual Fund files offer document with SEBI
LIC Mutual Fund has filed offer document with SEBI to launch An open ended debt scheme investing in money market instruments.A relatively low interest rate risk and moderate credit risk.
The New Fund Offer price is Rs.10 per unit.
The objective of the scheme is to generate income through investment in a portfolio comprising of money market instruments.
The fund manager for this scheme is Mr. Rahul Singh
“This product is suitable for investors who are seeking Income over short term
Investment in money market instruments with maturity upto one year”
The scheme asset allocation will be Money Market Instruments having maturity upto 1 year* (0-100%)
The riskometer for this scheme is Moderate
| Name of Mutual Fund | LIC Mutual Fund |
| Scheme Name | LIC MF Money Market Fund |
| About Scheme | An open ended debt scheme investing in money market instruments.A relatively low interest rate risk and moderate credit risk |
| Offer of Unit | Rs.10 |
| Objective | to generate income through investment in a portfolio comprising of money market instruments. |
| Name of Fund Manager | Mr. Rahul Singh |
| This product is suitable for investors who are seeking | Income over short term Investment in money market instruments with maturity upto one year |
| The scheme asset allocation will be | Money Market Instruments having maturity upto 1 year* (0-100%) |
| Riskometer | Moderate |
| DRHP | Click here |
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