LIC MF Money Market Fund

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 FundLIC Mutual Fund
Scheme NameLIC MF Money Market Fund
About SchemeAn open ended debt scheme investing in money market instruments.A relatively low interest rate risk and moderate credit risk
Offer of Unit Rs.10
Objectiveto  generate  income  through  investment  in  a  portfolio  comprising  of  money  market instruments.
Name  of  Fund ManagerMr. 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 beMoney Market Instruments having maturity upto 1 year* (0-100%)
RiskometerModerate
DRHPClick here

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