LIC-Nomura MF expects G-Sec ETF AUM to touch Rs 1K-cr in 1 year

LIC-Nomura MF was the first AMC to get Sebi approval and launched the open-ended G-Sec ETF last December.


LIC says not exiting LIC Nomura Mutual Fund

Life insurance major LIC today said it has no plans of exiting LIC Nomura Mutual Fund Asset Management Company as well as reducing its holding in LIC Housing Finance.

LIC Nomura eyes Rs 200 cr from new capital protection fund

"We plan to launch a capital protection oriented fund soon. From this NFO, we aim to raise at least Rs 200 crore," chief executive Nilesh Sathe said.

LIC Nomura MF keen on acquisitions to fuel growth

LIC Nomura Mutual Fund, the MF arm of the nation's largest financial entity, may look at inorganic growth route to emerge as a major player in the cluttered industry that has been bleeding for years due to falling margins and flight of investors.

LIC Nomura targets over Rs 15,000 cr AUM in Q3

After posting an impressive 17 percent rise in business in the second quarter, LIC Nomura Mutual Fund aims to cross the Rs 15,000-crore mark in absolute AUM collection in the current quarter, a 50 percent growth q-o-q with focus on new client addition, a top official said.

LIC Nomura eyes Rs 10,000 cr AUM in FY'14

Despite volatility being witnessed in the bond and equity markets in recent months, LIC Nomura Mutual Fund is confident of achieving Rs 10,000 crore of assets under management (AUM) this fiscal on the back of sound performance in its debt schemes.

LIC Nomura eyes 2-fold rise in AUM in FY14; sees profit in FY13

The fund house, which had posted losses in FY2011 and FY2012, also hopes to report profit in 2012-13.

LIC Nomura MF hopes to garner Rs 100 cr from RGESS

"We hope to garner around Rs 100 crore from around 20,000 retail investors from the newly-launched RGESS," LIC Nomura Mutual Fund Chief Executive and Director Nilesh Sathe said here.

LIC Nomura MF aims to touch Rs 10,000-cr AUM by fiscal end

LIC Nomura Mutual Fund aims to reach average assets under management (AUM) mark of Rs 10,000 crore by the end of current fiscal with growth coming in from open-ended tax-saving scheme along with other funds.

LIC Nomura Mutual Fund re-launches ULIS with more features

LIC Nomura Mutual Fund has re-launched its open ended Unit-Linked Insurance Scheme (ULIS) Tuesday with additional features aiming at Rs 500 crore assets under management (AUM) by the end of FY13, with one lakh new investors.