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LIC Nomura Mutual Fund lines up retirement plans

Last Updated: Thursday, April 30, 2015, 15:06

Encouraged by tax incentives for investment in retirement schemes floated by mutual fund houses, LIC Nomura MF has lined up plans to launch such product.

Mutual Fund industry SIP count up 18% to 73 lakh

Last Updated: Wednesday, April 29, 2015, 14:11

Showing a strong surge in retail investor interest, mutual fund industry has seen the number of its new Systematic Investment Plans grow by 18 per cent to 73 lakh at the end of March 2015.