INDIA'S NO-1 INSURANCE COMPANY CHANCE TO MAKE MONEY

 '' LIC MUTUAL FUND WILL LAUNCHED ITS BALANCED ADVANTAGE FUND ''



               '' VERY GOOD OFFER FROM LIFE INSURANCE CORPORATION OF INDIA''


             ''THE FUND WILL OPEN ON-OCT-2021-AND-CLOSED ON ON-3rd-NOV-2021 ''





NOW SCOPE TO INVEST TO MAKE MONEY

LIC  Mutual fund Asset Management  Ltd is one of the most trusted plyers of the Mutual Fund Market, A Subsidiary of the India's No-1 Insurance Company- LIFE INSURANCE COMPANY has announced the Introduction of Balanced Advantage fund. The LIC said that it will be an Opened-Ended Dynamic Asset Allocation Fund, This Investment can be made in Equity, Debt and Money Market. 

LIC MF is a India's  Largest and Leading player in Mutual Fund house and offers in Markets -26 Schemes to Investors, Such as : Equity- 8- Schemes, Debt-9-Schemes, Hybrid-5-Schemes and ETF-4-Schemes.



INVESTOR  SERVICE OFFICER : Mrs. SONALI PANDIT

COMPLIANCE OFFICER : Mr. MAYANK ARORA

TRUSTEE : LIC MUTUAL FUND  TRUSTEE PVT.  LTD.

CHAIRMAN : Mr. V.K.CHOPRA

TAXATION BENEFIT FROM EQUITY :



In-20th-April-1989, was Established, LIC Mutual fund Balanced Advantage fund - RAHUL SINGH Portion of MUTUAL FUND-      '' BAF '' of Equity YOGESH PATIL and Debt Portion will be the Fund Managers- Benchmarked against the Customized Index LIC MF HYBRID Composite 50:50 index And in order to pass on the Equity Taxation and The index Composition will be 50%- Nifty-TRI and 50%- Nifty-10-yr- Benchmark Under G-Sec. The fund will aim to keep Gross equity Allocation-65% or Above to enable for Investors available of EQUITY - TAXATION BENEFITS.

LIC MF ensures equity like taxation at a lower risk level, If an Equity-Oriented MF is Redeemed after one year and Investors are taxed  at 10% for Capital gains over Rs- 1Lakh. This fund will be based on a fundamental driven mathematical model and would Be using this inverse relationship between equity and debt in LIC MF BAF for Switching From equity to debt.

There will be a 1% exit load for redemption  before SINGLE-YEAR to be charged only Above 12% of units Allotted and there will be nil exit load the date of Allotment.


 






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