LIC Mutual Funds?

Gentlemen,
Greetings.

I am a NRI. I want to invest in LIC Mutual Funds.
Is it open for NRIs?
What is the procedure to Invest?
Whom shall I contact?
What will be the returns after say 1 year if I invest say Rs. 1 lac
Appreciate your expert advise

First one should know before investing that one cannot predict the return as it is subject to market trends.Why opt for LIC when other MFs are well in form? Pls. study the offer documents of any schemes and the past records of the scheme, which one cannot guarentee that could sustain in the future, take the advice of the MF advisors and you choose the best and invest. Best of lucks.

Check out this link. This explains most of the things

http://www.licindia.com/faqs.htm

Tags

　　Investment Advice 　　Investment Account 　　Invest Money 　　Invest in Gold 　　Invest Fund 　　Income Fund 　　HYIP 　　High Yield

Related information

What would you do if i gave you $100?

It would be cool to go on a road trip just get a few friends fill up your tank and buy some munchies. Or it would be kinda cool to by some chemicals for some harmless pranks. Like Sodium Polya...

Once again, will need your brains to help me out with something.?

I get 7.9% for the 1st year; 12.68% for the 2nd.

...

Is it worth buying mutual funds and then investing the money made over time in the share market ?

Interesting question. Why do people buy mutual funds to begin with rather than stocks in companies in the first place? There might be several reasons. Do not know how to pick stocks. Nee...

Anyone knows that ING funds lets $1000 min. investment?

If you are pleased, that is all that really matters. Pages and pages can be written as to the relative worth of particular mutual funds vs others. In fact they have. Just review your investments ...

Help with investing?

Great, start learning the basics of fundamentals and technical analysis so you will be more informed in your investments. You can find all the basic info you need to learn on websites for free. Th...

Please explain IRA In Layman's terms?

Individual Retirement Account, if your money is before taxes you can contribute to a traditional IRA, this means you earn interest on the untaxed money. You are taxed when you make take the money o...

Investments in india?

You definitely should invest in India. One option is in its ICT sector. Or the other is in its relatively poor states, which borders with Bangladesh, Myanmar & China, i.e. the North Eastern sta...

What's the word on USAA mutual funds, any good funds there you know about?

USAA has historically had a terrible return rate on their funds. I don't think their fund managers know anything. I took my money outta there. Go with Fidelity, T Rowe Price or tdameritrade...