L&T launches a new NFO L&T NIFTY INDEX FUND&L&T NIFTY NEXT 50 FUND Hello Everyone today I discus with you a new NFO of L&T AMC so here is every details about NFO(NEW FUND OFFERING). CEO OF L&T MUTUAL FUND:KAILASH KULKARNI FUND MANAGER:Parveen Ayathan NFO open date-24-March-2020 NFO closing date-31-March-2020 Units Allotment Date-9-April-2020 Scheme type-open-ended Equity scheme RISK:MODERATELY HIGH What is NIFTY INDEX FUND&NIFTY NEXT 50 While the Nifty 50 index fund will track the Nifty stocks and the Nifty next 50 fund will tracks the stocks that are the next 50 by market capitalization after the top 50 largest companies. L&T investment management manages Rs.71,000 crore assets as of December 2019 and has around 30 lakh f...
Mutual Funds,NFO,New Fund offer, Equity Mutual Funds