LIC Mutual Fund eyes Rs 1,000 crore from new money market fund - open-ended debt scheme
Nityanand Prabhu, executive director and business head of LIC MF, told PTI that it has set an internal target of garnering at least Rs 1,000 crore from the scheme during the primary subscription period.
The new fund is an open-ended debt scheme that facilitates investing in money market instruments, LIC said in a statement. Pic: Reuters