LIC Nomura MF Diversified Equity Fund-Series 1 - NFO

FO launch of LIC Nomura MF Diversified Equity Fund-Series 1. The NFO period starts from 19th  August,2014 and closes on 2nd  September,2014 it is a 1100 days close ended scheme and will mature after the scheme period. 

Equity Investment team at LIC Nomura MF..

It is a 5 member team headed by Mr. Nobutaka Kitajima – CIO Equity, Mr. Ramnath V- Fund Manager to the scheme, Mr. Sachin Relekar- Fund Manager and they are supported by two analysts. The collective work experience is over 60 years.

The equity investment team adopts a three step investment process:

· Research (cover stocks in BSE-200)

·  Portfolio Construct (Company potential)

· Evaluation and Risk Monitoring (Investment process review)

LIC Nomura MF Diversified Equity Scheme –Series 1:

The scheme is a 1100 close ended equity scheme and will invest in equity and equity related securities. The benchmark for the scheme is S&P BSE 200.

NFO Period:

The NFO starts from 19th  August,2014 and closes on 2nd  Sept,2014 (including both days)

Why Invest in LIC Nomura MF Diversified Equity Series-1?

·                  The equity market is trading at attractive valuations from a medium to long term perspective.

·                  Close ended equity fund by nature provides a potential to create wealth over medium term to long term.

·                  The scheme endeavors to invest in fundamentally strong businesses which are available at attractive valuation.

·                  It will adopt a value style of investing as the current situation offers a huge opportunity to identify under- valued potential and strong businesses.

·                  Unbaised towards market capitalization of companies.

 

Equity Investment Strategy..

  The fund manager will invest in companies where the long term potential is not fully reflected in their current market price. The stock selection will be based on fundamental analysis which will include the historical and current financial condition of the company, quality of the management, business prospects and valuation relative to its fundamentals.

 

Equity Investment Outlook..

The current valuations are reasonable from a historical perspective and provide a good opportunity to investors. The long period of lackluster returns in the capital markets(equity) have led to pockets of undervalued and ignored companies. The stock prices are yet to factor in economic recovery fully. Expected improvement in economic activity will open up new sectors and provide investment opportunities.

 

Equtiy investment management track record - Mr Ramnath V-Fund Manager

Mr Ramnath V is qualified B-Tech from IIT Kharagpur and PGDBM from IIM-Kolkata. He has over 10 years of work experience on the investment side, prior to joining LIC Nomura he was with Birla Sun Life Insurance Company Ltd.   Ramnath has joined the company in late 2012.

 

Mr Ramnath manages the following schemes at LIC Nomura MF

·  LIC Nomura MF Equity Fund ( since joining the firm)

· LIC Nomura MF RGESS Series-1(since Jan-2013)

· LIC Nomura MF RGESS Series-2 (Since March 2014)

·  LIC Nomura MF Balanced Fund (Since April-2014)

· LIC Nomura MF Children’s Fund. (Since April,2014)

 

As of 30th July,2014.

 

For More details

LIC Nomura Mutual Fund Asset Management Co. Ltd.

South India Co-operative Building , 3rd Floor,

15, (old no. 38), Anna Salai

Chennai-600 002

Tel: (91 44) 2841 1984

Telefax: (91 44) 2855 5883

Email: chennai.licmf@gmail.com

www.licnomuramf.com

Toll Free No. 1800 258 5678

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