LIC Mutual Fund Schemes: Investment Opportunity to NRIs
LIC Mutual Fund set up in June, 1989 as a separate Trust by L.I.C of India aims at Providing accessibility of various investment media (shares, debentures, bonds, etc.) to all sections of Investors.
A Mutual Funds pools saving from numerous Investors (who buy Units) and invests them in diversified securities in the capital market in order to optimise the return, safety and liquidity for the maximum benefits to Investor.