LIC Nomura Mutual Fund

LIC Nomura Mutual Fund: Overview

LIC Mutual Fund is the well-known player in the Asset Management with best financial ethics and Systematic Investment options. LIC is the most preferred investment brand by investors.


LIC Mutual Fund was established on 20th April 1989. Currently, the company’s total Assets under Management are Rs 13010.54 Cr under 167 schemes.


Fund Types


LIC Nomura offers varied types of fund options which are suitable for every individual’s needs. Whether it is equity funds, debt funds, Exchange Traded (ETF) Funds or Liquid Funds, LIC Nomura has a solution for every type of saving needs. Given below are the types of funds offered by LIC Nomura and their respective details:

Equity Schemes

Equity schemes offered by LIC Nomura are those mutual fund schemes which invest majorly in equity capital of various companies. These equity shares or stocks have a dual feature of high returns and high risks. Below is the list of equity schemes offered by LIC Nomura:
 

S. No.

Fund Name

Fund Highlights

Riskometer

AUM (Approx)

Fund Manager

1

LIC NOMURA BANKING & FINANCIAL SERVICES FUND-GROWTH

Long Term Capital Appreciation, Invests in Equities of Banking & Financial Services Companies, Regular & Direct Plan, Growth & Dividend Option, Open-Ended

HIGH

INR 27.52 Cr

Ramnath Venkateshwaran

2

LIC NOMURA DIVERSIFIED EQUITY FUND

Long Term Capital Appreciation, Invests in Equities of BSE 200 Index  Companies, Regular & Direct Plan, Growth & Dividend Option, Close-Ended

HIGH

INR 36.04 Cr

Ramnath Venkateshwaran

4

LIC NOMURA EQUITY FUND-GROWTH

Long Term Capital Growth, Invests in Equities & Equity Related Securities, Regular & Direct Plan, Growth & Dividend Option, Open-Ended

MODERATELY HIGH

INR 253.50 Cr

Ramnath Venkateshwaran

5

LIC NOMURA GROWTH FUND-GROWTH

Long Term Capital Growth, Invests in Equities & Equity Related Securities, Regular & Direct Plan, Growth & Dividend Option, Open-Ended

MODERATELY HIGH

INR 110.39 Cr

 

6

LIC NOMURA INDEX FUND NIFTY PLAN-GROWTH

Long Term Capital Appreciation, Invests in Respective Index Stock BSE/NIFTY, Regular & Direct Plan, Growth & Dividend Option, Open-Ended

MODERATELY HIGH

INR 11.31 Cr

Ramnath Venkateshwaran

7

LIC NOMURA INDEX FUND SENSEX PLAN-GROWTH

Long Term Capital Appreciation, Invests in Respective Index Stock BSE/NIFTY, Regular & Direct Plan, Growth & Dividend Option, Open-Ended

MODERATELY HIGH

INR 12.52 Cr

Ramnath Venkateshwaran

8

LIC NOMURA INFRASTRUCTURE FUND-GROWTH

Long Term Capital Appreciation, Invests in Equities of Infrastructure Sector Directly or Indirectly, Regular & Direct Plan, Growth & Dividend Option, Open-Ended

HIGH

INR 49.23 Cr

Sachin Relekar

9

LIC NOMURA MID-CAP FUND-GROWTH

Long Term Capital Growth, Invests in Equities & Related Equity Securities of Mid-Cap Companies, Regular & Direct Plan, Growth & Dividend Option, Open-Ended

HIGH

INR 45.01 Cr

Sachin Relekar

10

LIC NOMURA RGESS FUND

Capital Appreciation, Invests in Equities eligible for Rajiv Gandhi Equity Savings Schemes, Regular & Direct Plan, Growth & Dividend Option, Close-Ended

HIGH

INR 15.89 Cr

Ramnath Venkateshwaran

12

LIC NOMURA TAX PLAN-GROWTH

Open Ended, 3-Year Lock-in Period, ELSS, Long Term Capital Growth, Invest in Equity & Related Securities, Regular & Direct Plan, Growth & Dividend Option

MODERATELY HIGH

INR 56.29 Cr

Sachin Relekar

Debt Schemes

Debt Mutual Funds are those funds which invest primarily in debt instruments like Government stocks, bonds, etc. These debt instruments have a fixed return and are thus non-risky. Thus, debt mutual funds, on the whole, are low risk-low return mutual funds which are suitable for conservative investors who are averse to market risks. Here are the various debt funds offered by LIC Nomura:
 

S.No.

Fund Name

Fund Highlights

Riskometer

AUM (Approx)

Fund Manager

1

LIC NOMURA MF BOND FUND

Regular Income, Invests in Debt & Money Market Instruments, , Regular & Direct Plan, Growth & Dividend Option, Open Ended

MODERATE

INR 142.07 Cr

Marzban N. Irani

2

LIC NOMURA MF INCOME PLUS FUND

Open Ended, Regular Income, Invests in Short Term Debt Securities, Regular & Direct Plan, Growth & Dividend Option

MODERATELY LOW

INR 103.66 Cr

Marzban N. Irani

3

LIC NOMURA MF G-SEC FUND

Open-Ended Gilt Scheme, Regular Income, Invests in Sovereign Securities of Central Government, Regular & Direct Plan, Growth & Dividend Option

MODERATE

INR 46.50 Cr

Marzban N. Irani

4

LIC NOMURA MF SAVINGS PLUS FUND

Open-Ended, Regular Income, Invests in Quality Short-Term Debt Securities, Regular & Direct Plan, Growth & Dividend Option

MODERATELY LOW

INR 583.84 Cr

Rahul Singh

5

LIC NOMURA MF CHILDREN FUND

Long Term Capital Appreciation, Current Income, Invests in both Debt and Equity Securities, Regular & Direct Plan, Growth & Dividend Option

MODERATELY HIGH

INR 15.02

Marzban N. Irani

6

LIC NOMURA MF MONTHLY INCOME PLAN

Short Term Regular Income, Invests in both Debt and Equity Securities, Regular & Direct Plan, Growth & Dividend Option

MODERATELY HIGH

INR 68.59 Cr

 

7

LIC NOMURA MF INTERVAL FUND

Debt Oriented Interval Scheme, Short Term Regular Income, Invests in Debt & Money Market, , Regular & Direct Plan, Growth & Dividend Option

MODERATELY LOW

INR 16.19 Cr

Marzban N. Irani

Hybrid Schemes

Hybrid schemes of mutual funds are those types of mutual funds which have a mixture of equity stock and debt in their fund portfolio. These funds promise a balanced return which is higher than debt funds but lower than equity funds. these funds are suitable for investors who have a moderate risk appetite. Below are the different hybrid funds offered by the company:
 

S.No.

Fund Name

Fund HighLights

Riskometer

AUM (Approx)

Fund Manager

1

LIC NOMURA MF BALANCED FUND

Long Term Capital Appreciation, Current Income, Invests in Equities & Fixed Income Securities, Open-Ended, Regular & Direct Plan, Growth & Dividend Option

MODERATELY HIGH

INR 32.09

Marzban N. Irani

2

LIC NOMURA MF DUAL ADVANTAGE FUND

Capital Appreciation, Generates Income Medium to Long Term, Invests in Equity as well as in Debt Securities, Close-Ended, , Growth & Dividend Option

MODERATE

INR 29.06 Cr

Sachin Relekar; Marzban N. Irani

5

LIC NOMURA MF UNIT LINKED INSURANCE SCHEME

Long Term Capital Appreciation, Current Income, Invests in Equity as well as in Debt Securities, Open-Ended, Regular & Direct Plan, Growth & Dividend Option

MODERATELY HIGH

INR 11.78 Cr

 

6

LIC NOMURA MF CAPITAL PROTECTION ORIENTED FUND

Capital Appreciation, Generates Income Medium to Long Term, Invests in Equity as well as in Debt Securities, Close-Ended, Growth & Dividend Option, , Regular & Direct Plan

LOW

INR 57.75 Cr

Sachin Relekar; Marzban N. Irani

Exchange-Traded Funds

These funds are like mutual funds but they follow an index, a commodity or a mix of assets and they are bought and sold at an exchange. Since they behave like a stock, their price fluctuates throughout the day. ETFs replicate the index that they track in terms of their performance. Here are the various ETFs offered by LIC Nomura:
 

S.No.

 Fund Name

Fund Highlights

Riskometer

AUM (Approx)

Fund Manager

1

LIC NOMURA MF EXCHANGE TRADED FUND

Long Term Investment, Invests in Equity Replicating Composition of NIFTY 100 Index, Open-Ended

MODERATELY HIGH

INR 214.43 Cr

Sachin Relekar

4

LIC NOMURA MF G-SEC LONG TERM EXCHANGE TRADED FUND

Medium to Long Term Regular Income, Invests in Securities NIFTY 8-13 Year G-Sec Index, Open-Ended

MODERATE

INR 69.91 Cr

Marzban N. Irani

Liquid Fund

Liquid Funds are those which invest in short term instruments. They have a very short-term investment horizon and give a return of 8-10%. These funds are suitable for individuals who want to park their cash for a brief period of time. LIC offers one type of liquid fund which is described below:
 

S.No.

Fund Name

Fund Highlights

RIskometer

AUM (Approx)

 

1

LIC NOMURA MF LIQUID FUND

Open-Ended, Short Term Regular Income, Invests in Debt & Money Market Securities, High Liquidity, Growth & Dividend Option, Regular & Direct Plan

Low

INR 1769.36 Cr

 

Fund Mangers

Mr. Sachin Relekar
 

Mr. Sachin has completed his Master’s from Jamnalal Bajaj Institute of Management Studies. Before joining LIC Nomura MF he was working with Tata Asset Management Ltd as Fund Manager & Equity Research Analyst


Mr. Ramnath Venkateshwaran
 

Mr. Ramnath completed his PFDM from IIM Kolkata and has degree in B. Tech from IIT Kharagpur. Before joining LIC Nomura he worked with Kotak Institutional Equities, Birla Sun Life Insurance, TCS and Edelweiss Capital


Mr. Marzban N. Irani
 

Mr. Marzban completes his B.Com from Mumbai University and added PGDBM from Chetana’s Institute of Management and Research, Mumbai. He is currently working as Fund Manager of Fixed Income.


Mr. Rahul Singh
 

Mr. Rahul Singh is a B.sc Degree holder in Economics Hons and PGDM from IIM-Ahemadabad. He is currently working as Deb Fund Manager.

How to Buy on PaisaBazaar.com?

Buying Mutual Funds on PaisaBazaar.com is just simple. Anyone can just  log on to www.paisabazaar.com or can download the paisabazar.com application on any smartphone which can be of IOS, Mac OS, Android, and Windows. After downloading the application, just verify your mobile number with the OTP and fill your personal details, contact details and bank details. After that, compare the different Mutual Funds and choose the one that fulfills your financial goals and investment needs.

Get Free Credit Report