With an army of agents at its disposal, LIC Mutual Fund plans a comeback
Left on the back burner for decades, the company now plans to tap its parent firm’s vast network of insurance agents to meet its ₹1 trillion AUM target. But experts warn that even the widest reach can’t compensate for the persistent underperformance of its biggest equity schemes.
Left on the back burner for decades, the company now plans to tap its parent firm’s vast network of insurance agents to meet its ₹1 trillion AUM target. But experts warn that even the widest reach can’t compensate for the persistent underperformance of its biggest equity schemes.
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