Get the free LIC NOMURA MF RGESS* FUND Series 1

Name of the Asset Management Company LIC NORA MUTUAL FUND ASSET MANAGEMENT COMPANY LIMITED Name of the Mutual Public NORA MUTUAL FUNDED INFORMATION MEMORANDUM LIC NORA MF LESS* FUND Series 1 (A close

How to fill out lic nomura mf rgess

How to fill out lic nomura mf rgess

1. Obtain the application form for LIC Nomura MF RGESS from the official website of LIC Nomura.
2. Fill in your personal details such as name, address, contact information, PAN number, etc.
3. Provide your bank account details and nominee information.
4. Tick the appropriate boxes to indicate your investment amount and investment preference.
5. If you are new to mutual fund investments, you may need to complete the KYC (Know Your Customer) process by submitting relevant documents.
6. Read and understand the terms and conditions before signing the form.
7. Submit the filled application form along with the required documents to the nearest LIC Nomura branch or collection center.

Who needs lic nomura mf rgess?

1. Individuals who fulfill the eligibility criteria for Rajiv Gandhi Equity Savings Scheme (RGESS) may consider investing in LIC Nomura MF RGESS.
2. RGESS was introduced by the Government of India with the aim of encouraging small investors to enter the capital market and invest in eligible securities.
3. Individuals having an annual income below a certain threshold and who have not invested in equity shares before can benefit from tax benefits and lower lock-in periods offered by RGESS.
4. However, it is advisable to consult a financial advisor or tax professional before making any investment decisions.

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What is lic nomura mf rgess?

lic nomura mf rgess is a mutual fund scheme that is eligible for Rajiv Gandhi Equity Savings Scheme (RGESS) tax benefits.

Who is required to file lic nomura mf rgess?

Individual taxpayers who meet the eligibility criteria for Rajiv Gandhi Equity Savings Scheme (RGESS) are required to file lic nomura mf rgess.

How to fill out lic nomura mf rgess?

To fill out lic nomura mf rgess, taxpayers need to provide information about their investment in the mutual fund scheme and details required for RGESS compliance.

What is the purpose of lic nomura mf rgess?

The purpose of lic nomura mf rgess is to encourage retail investors to invest in equity markets and provide them with tax benefits under RGESS.

What information must be reported on lic nomura mf rgess?

Information such as investment amount in lic nomura mf rgess, holding period, and details required for claiming RGESS tax benefits must be reported on the form.