Sunday, November 23, 2008

***--Investment of Funds of LIC's CHILD FORTUNEPLUS (194).......

Investment of Funds:
Plan offers following four Funds detailed below:

  • Fund Type
    1.Investment in Government / Government Guaranteed Securities / Corporate Debt
    2.Short-term Investment such as money market Instruments (Including Govt. Securities & Corporate Debt)
    3.Investment in Listed Equity Shares
    4.Details and objective of the fund for risk/return
  • I.Bond Fund
    1.Not less than 60%
    2.100%
    3.Nil
    4.Low risk
  • II.Secured Fund
    1.Not less than 45%
    2.Not more than 85%
    3.Not less than 15% & Not more than 55%
    4.Steady Income - Lower to Medium risk
  • III.Balanced Fund
    1
    .Not less than 30%
    2.Not more than 70%
    3.Not less than 30% & Not more than 70%
    4.Balanced Income and growth - Medium risk
  • IV.Growth Fund
    1.
    Not less than 20%
    2.Not more than 60%
    3.Not less than 40% & Not more than 55%
    4.Long term Capital growth - High Risk

# The Policyholder has the option to choose any ONE of the above 4 funds.

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