LIC money plus
Lower return

I have invested money in Money Plus (180) 2006. The performance of this fund is very poor Today on April 13 the NAV of growth fund is 11.73 whereas NAV of Money plus-1 (193) 2008 growth fund is 13.52. The Fund launched two years later is yielding very good but the previous fund is lingering on. If the fund collected by Money plus 2006 has been invested in poor performing instruments why not lic diverts it to other profiting instruments in the interest of investors and well being of its scheme.

My humble suggestion is that lic should think upon it as this is the poorest fund of lic. and widraw from unyielding areas.

Thanks.

V.D.Binjola

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