Get the free LIC NOMURA MF RGESS* FUND SERIES-2 - sebi gov

For e.g. If an investor invests first time in Eligible Securities under RGESS in FY 2013-14 and avails deduction he may also invest in either or both of FY 2014-15 and FY 2015-16 and avail deduction for the relevant year s. SCHEME INFORMATION DOCUMENT LIC NOMURA MF RGESS FUND SERIES-2 A close ended equity schemes which shall invest in eligible securities as per Rajiv Gandhi Equity Savings Scheme 2012 Offer of Units of Rs. 10/- each during the New Fund Offer New Fund Offer Opens on New Fund...

How to fill out lic nomura mf rgess

How to fill out LIC Nomura MF RGESS:

1. Obtain the RGESS Application Form: Visit the official website of LIC Nomura MF or any of its authorized branches to download the RGESS Application Form. Alternatively, you can also collect the form physically from their branches.
2. Fill in Personal and KYC Details: Fill in all the required personal details such as name, address, contact information, PAN number, and KYC details including identity proof, address proof, and photograph. Make sure all the details are accurate and match your official documents.
3. Provide Bank Account Details: Enter your bank account details such as bank name, branch, account number, and IFSC code. This is necessary for the purpose of investment and redemption.
4. Choose the RGESS Scheme: Select the specific RGESS scheme from LIC Nomura MF that you want to invest in. Carefully read the offering document and the scheme-related information to understand the investment objective and risk factors associated with the scheme.
5. Indicate RGESS Eligibility: In the application form, clearly indicate whether you are a new retail investor or claiming RGESS tax benefits for the present assessment year.
6. Complete the RGESS Declaration: Declare that you fulfill all the eligibility criteria as per the RGESS guidelines. Mention the market value of eligible securities as on the date of investment.
7. Submit the Application Form: After filling out all the required information in the RGESS Application Form, carefully review it to ensure accuracy. Attach the necessary documents, including identity proof, address proof, PAN card copy, and photograph. Submit the completed form along with the required documents to an authorized branch of LIC Nomura MF or as directed by the company.

Who needs LIC Nomura MF RGESS:

1. New Retail Investors: Individuals who have not previously invested in the stock market and are looking to generate potential capital gains along with claiming tax benefits may consider investing in LIC Nomura MF RGESS.
2. Individuals with Tax Liability: Individuals who have taxable income and wish to reduce their tax liability by investing in eligible securities under RGESS can benefit from LIC Nomura MF RGESS.
3. Long-term Investors: Investors looking for long-term investment options with potential market appreciation may find LIC Nomura MF RGESS suitable. RGESS schemes typically have a lock-in period of 3 years, which encourages long-term investment goals.

Please note that it is advisable to consult a financial advisor or refer to the official guidelines and offerings of LIC Nomura MF for specific details and suitability before making any investment decisions.

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What is lic nomura mf rgess?

Lic Nomura MF RGESS stands for LIC Nomura Mutual Fund Rajiv Gandhi Equity Savings Scheme. It is a scheme introduced by the Indian government to encourage new retail investors to invest in equity markets.

Who is required to file lic nomura mf rgess?

Individuals who meet the eligibility criteria set by the government are required to file LIC Nomura MF RGESS. This includes first-time retail investors investing in eligible securities.

How to fill out lic nomura mf rgess?

To fill out LIC Nomura MF RGESS, investors need to provide necessary information such as PAN card details, investment amount, and declaration of eligibility. They can do so through the designated application form or online platform provided by LIC Nomura Mutual Fund.

What is the purpose of lic nomura mf rgess?

The purpose of LIC Nomura MF RGESS is to promote equity market participation, especially among new retail investors, by offering tax benefits and incentives for investments in eligible securities.

What information must be reported on lic nomura mf rgess?

Investors must report their PAN card details, investment amount in eligible securities, and declaration of eligibility to avail tax benefits under LIC Nomura MF RGESS.