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LIC Mutual Fund has announced that Nityanand Prabhu, Chief Operating Officer has been re-designated as Executive Director and Business Head, with effect from 01 April 2021. He will continue to be the Key Personal for the schemes.

Neera Saxena, Nominee Director on the Board of LIC Mutual Fund Asset Management Limited has resigned with effect from 31 March 2021.

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LIC Mutual Fund has announced 25 March 2021 as the record date for the declaration of dividend on the face value of Rs 10 per unit under the following schemes. The amount of dividend (Rs per unit) will be:

LIC MF Banking & PSU Debt Fund - Regular Plan - Monthly Dividend Option: 0.06

LIC MF Debt Hybrid Fund - Direct Plan - Monthly Dividend Option: 0.06

LIC MF Debt Hybrid Fund - Direct Plan - Annual Dividend Option: 0.72

LIC MF Debt Hybrid Fund - Regular Plan - Annual Dividend Option: 0.72

LIC MF Equity Hybrid Fund - Regular Plan - Dividend Option & Direct Plan - Dividend Option: 0.10 each.

LIC MF Flexi Cap Fund - Direct Plan - Dividend Option: 0.50

LIC MF Tax Plan - Regular Plan - Dividend Option & Direct Plan - Dividend Option: 0.25 each.

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LIC Mutual Fund has announced that Sonali Pandit has been designated as Investor Relation Officer of LIC Mutual Fund Asset Management Limited, with effect from 12 March 2021.

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LIC Mutual Fund has announced that Amit Pandit has been appointed as an Independent Director on the board of LIC Mutual Fund Trustee Private Limited, with effect from 04 March 2021.

Details of Amit Pandit

Designation & Age: Independent Director, 50 years

Qualification: B.Com, FCA, DBF

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LIC Mutual Fund has announced that Y Viswanatha Gowd has been appointed as an Associate Director on the board of LIC Mutual Fund Asset Management Ltd, with effect from 24 February 2021.

Details of Y Viswanatha Gowd

Designation & Age: Associate Director, 57 years

Qualification: B.Com

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LIC Mutual Fund has announced 24 February 2021 as the record date for the declaration of dividend on the face value of Rs 10 per unit under the following schemes. The amount of dividend (Rs per unit) will be:

LIC MF Banking & PSU Debt Fund - Regular Plan - Monthly Dividend Option: 0.06

LIC MF Debt Hybrid Fund - Direct Plan - Monthly Dividend Option & Regular Plan - Monthly Dividend Option: 0.06 each.

LIC MF Equity Hybrid Fund - Regular Plan - Dividend Option & Direct Plan - Dividend Option: 0.10 each.

LIC MF Large Cap Fund - Direct Plan - Dividend Option: 0.15

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LIC Mutual Fund has announced that T.C. Suseel Kumar has resigned as a Chairman & Nominee Director on the Board of LIC Mutual Fund Trustee Private Limited, with effect from 01 February 2021.

Siddhartha Mohanty has resigned as a Nominee Director on the Board of LIC Mutual Fund Asset management Limited, with effect from 01 February 2021.

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Pursuant to the guidelines received from AMFI and latest directives of Central & State Governments and Municipal authorities, branch offices of LIC MF AMC and the ISCs (“Official Points of Acceptance”) of the RTA (M/s. KFin Technologies Pvt. Ltd) shall be closed effective 23-March-2020 and thereby no physical transactions shall be accepted till situation improves. Investors are requested to only adopt online means of transacting. For more information click here | KYC IS ONE TIME EXERCISE WHILE DEALING IN SECURITIES MARKET - ONCE KYC IS DONE THROUGH A SEBI REGISTERED INTERMEDIARY {MUTUAL FUND, BROKER, DEPOSITORY, PARTICIPANTS, ETC.}, YOU NEED NOT UNDERGO THE SAME PROCESS AGAIN WHEN YOU APPROACH ANOTHER INTERMEDIARY