On April 20, 1989 Life Insurance Corporation of India established LIC Mutual Fund. It is one of most reputed and trustworthy asset management company in India. LIC Mutual Fund governs high financial ethics with systematic investment plan to cater to all sections of investors. It adopts innovation driven and strong investment plans to add value to its priceless investors. LIC Mutual Fund believes in "Khushiyaan, Zindagi Ki".
The shareholders of LIC Mutual Fund Asset Management Ltd. are namely- LIC Of India with 45% of shares, LIC Housing Finance Ltd. with 39.30% of shares, GIC Housing Finance Ltd. with 11.70% of shares and Corporation Bank with 4% of shares. Since 2011, LIC offers mutual fund through joint-venture with Nomura Group of Japan.
LIC Mutual Fund has the earned trust of its customers by providing them superior investment experience. So, it has emerged as the best investment choice for the investors.
LIC Mutual Fund has been serving its customers for over 25 years. It has come across as well-known player in the asset management sector.
LIC Mutual Fund offers various options depending on different needs of investors.
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Here are the different types of LIC Mutual Fund -
Along with the KYC application of the applicant, following are the essential documents for investing in ICICI Prudential Mutual Fund -
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