LIC P/e Ratio Fund Review

LIC Mutual Fund is set to launch a fund that would invest based on P/E ratios. The scheme would invest in companies whose P/E ratios is less than that of Sensex or Nifty. The scheme blends an allocation comprising 65 per cent to equities and equity related instruments, and also in derivatives. The balance 35 per cent of the assets will be invested in those companies whose P/E ratio is more than the index at the time of investment.