LIC Nomura Mutual Fund launches LIC NOMURA MF EXCHANGE TRADED FUND SENSEX

NFO period: 09^th November – 23^rd November 2015

Highlights of the NFO:

• Scheme type – An open ended Exchange Traded Fund


• Investment objective – The investment objective of the scheme is to provide returns that, closely correspond to the total returns of the securities as represented by the S&P BSE SENSEX by holding S&P BSE SENSEX stocks in same proportion, subject to tracking errors. However there is no assurance that the objective of the scheme will be achieved.


• Product suitability – The product is suitable for investors who are seeking long term investment by Investing in securities covered by S&P BSE SENSEX, subject to tracking errors.


• Minimum Application Amount – First investment Rs. 5000/- and multiples of Rs. 1/- thereafter.


• Plan/ Options available – Not Applicable


• Fund Managers – Mr. Sachin Relekar


• Benchmark – S&P BSE SENSEX