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    • LIC gets board nod to infuse Rs 25 crore in asset management arm

      Infusion of funds will be done on a preferential basis, LIC said in an exchange filing.

    • We want to ensure there is performance in every scheme going forward: LIC MF CEO

      The fund house is undertaking a review of the schemes that got added to its portfolio following the IDBI MF merger.

    • LIC MF launches daily SIP scheme for investors

      Under the plan, LIC MF is offering investors the option to invest in SIPs (systematic investment plans) with as low as Rs 300 per day which would be available in five equity schemes.

    • Budget 2017: Should align tax treatment of MF retirement plans with NPS

      We look forward to few changes in terms of (a) increase in tax exemption limit under Section 80C for ELSS Schemes (b) additional limit under Section 80CCD for investment in mutual fund linked retirement benefit/pension schemes.

    • Foreign interest giving Indian MFs much-needed impetus

      The Indian mutual fund industry is not clear of challenges, but that's not keeping foreign players at bay, report CNBC-TV18's Mitra joshi and Priyanka Ghosh.

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