“The NBFCs which have been growing very-very fast and the segment which they have been growing, if it is a very-very high-risk segment, so to that extent one has to be cognizant where one is investing,” says Dikshit Mittal, LIC Mutual Fund. Firstly, to start off with, the RBI has continued to maintain its stance. … Read more
LIC Mutual Fund has completed the takeover of schemes of IDBI Mutual Fund. The effective date of merger was July 29. The move is in line with LIC’s mission to strengthen and diversify its product offerings, expand its footprint and grow its assets under management (AUM) to emerge as a leading MF house in the … Read more
“Volatility is part and parcel of the Investment journey and if rightly spotted the volatility or material decline is an opportunity to invest. What helps in separating the signal from the noise is the framework,” says Azeem Ahmad, Head PMS & Principal Officer, LIC Mutual Fund. In an interview with ETMarkets, Ahmad said: “In the … Read more