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LIC Nomura Mutual Fund has launched the New Fund Offer (NFO) of LIC Nomura midcap fund, an open ended equity scheme.
The NFO, which opened for subscription yesterday, will close on February 16, 2015, LIC Nomura MF said in a statement.
The minimum subscription amount is Rs 5,000.
The investment objective of the scheme is to generate long term capital appreciation by investing substantially in a portfolio of equity and equity linked instruments of midcap companies.
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