The Hindu·3 min read·medium
LIC Mutual Fund plans SIF launch by October, targets ₹500 crore corpus
B
Balasubramanyam C.P.
✦AI Summary
LIC Mutual Fund plans to launch a Specialised Investment Fund (SIF) by October, targeting a ₹500 crore corpus from high-net-worth investors. The fund aims to bridge the gap between traditional mutual funds and portfolio management services.
LIC Mutual Fund is planning to launch its first Specialised Investment Fund (SIF) by October, targeting an initial mobilisation of ₹500 crore from high-net-worth investors (HNIs).
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