LIC Mutual Fund has announced change in fund manager under the following schemes, With effect from 24 July 2025
Change in Fund Manager:
| Scheme Name | Existing Fund Managers | New Fund Managers |
|---|---|---|
| LIC MF Large Cap Fund | Mr. Nikhil Rungta Mr. Sumit Bhatnagar | Mr. Sumit Bhatnagar Mr. Mahesh Bendre |
| LIC MF Multi Asset Allocation Fund | Mr. Nikhil Rungta (Equity) Mr. Sumit Bhatnagar (Equity & Commodity) Mr.Pratik Shroff (Debt) | Mr. Sumit Bhatnagar (Equity & Commodity) Mr. Jaiprakash Toshniwal (Equity) (Mr. Pratik Shroff (Debt) |
| LIC MF Small Cap Fund | Mr. Nikhil Rungta Mr. Mahesh Bendre | Mr. Dikshit Mittal Mr. Yogesh Patil Mr. Mahesh Bendre |
| LIC MF Flexi Cap Fund | Mr. Nikhil Rungta Mr. Jaiprakash Toshniwal | Mr. Jaiprakash Toshniwal Mr. Karan Doshi |
| LIC MF Value Fund | Mr. Nikhil Rungta Mr. Mahesh Bendre | Mr. Mahesh Bendre Mr. Sumit Bhatnagar |
| LIC MF Children's Fund | Mr. Nikhil Rungta (Equity) Mr. Pratik Shroff (Debt) | Mr. Karan Doshi (Equity) Mr. Pratik Shroff (Debt) |
| LIC MF Conservative Hybrid Fund | Mr. Pratik Shroff (Debt) Mr. Nikhil Rungta (Equity) | Mr. Pratik Shroff (Debt) Mr. Karan Doshi ( Equity) |
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LIC Mutual Fund has announced 25 July 2025 as the record date for the declaration of Income Distribution cum Capital Withdrawal (IDCW) on the face value of Rs 10 per unit under the following scheme. The amount of IDCW (Rs per unit) will be:
LIC MF Aggressive Hybrid Fund ' Regular Plan - IDCW Option: 0.10
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LIC Mutual Fund has announced 24 June 2025 as the record date for the declaration of Income Distribution cum Capital Withdrawal (IDCW) on the face value of Rs 10 per unit under the following scheme. The amount of IDCW (Rs per unit) will be:
LIC MF Aggressive Hybrid Fund ' Regular Plan - IDCW Option: 0.10
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LIC Mutual Fund has announced that Mr. Lovnish Manocha has been appointed as a Chief Financial Officer on the Board of the Trustee Company with effect from May 19, 2025.
Details of Mr. Lovnish Manocha
Age: 51 years
Designation: Chief Financial Officer
Qualification : ' Master of Financial Management
' Bachelors of Commerce
Experience :29 years
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LIC Mutual Fund has announced 26 May 2025 as the record date for the declaration of Income Distribution cum Capital Withdrawal (IDCW) on the face value of Rs 10 per unit under the following scheme. The amount of IDCW (Rs per unit) will be:
LIC MF Aggressive Hybrid Fund ' Regular Plan - IDCW Option: 0.10
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