LIC Nomura MF launches midcap fund

The NFO, which opened for subscription today, will close on February 16, 2015, LIC Nomura MF said in a statement.

LIC Nomura MF launches midcap fund
NEW DELHI: LIC Nomura Mutual Fund today launched the New Fund Offer ( NFO) of LIC Nomura midcap fund, a close ended income scheme.

The NFO, which opened for subscription today, will close on February 16, 2015, LIC Nomura MF said in a statement.

The minimum subscription amount is Rs 5000. The investment objective of the scheme is to generate long term capital appreciation by investing substantially in a portfolio of equity and equity linked instruments of midcap companies.
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