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LIC Mutual Fund has announced change in fund managers under the following schemes, with effect from 07 January 2021.

LIC MF Arbitrage Fund:

Existing Fund Managers: Yogesh Patil (Equity Portion) & Marzban Irani (Debt Portion)

Revised Fund Managers: Ritu Modi (Equity Portion) & Marzban Irani (Debt Portion)

LIC MF Children's Gilt Fund:

Existing Fund Managers: Yogesh Patil (Equity Portion) & Marzban Irani (Debt Portion)

Revised Fund Managers: Yogesh Patil and Karan Doshi (Equity Portion) & Marzban Irani (Debt Portion)

LIC MF Debt Hybrid Fund:

Existing Fund Managers: Marzban Irani (Debt Portion) & Yogesh Patil (Equity Portion)

Revised Fund Managers: Marzban Irani (Debt Portion) & Yogesh Patil and Karan Doshi (Equity Portion)

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LIC Mutual Fund has announced 29 December 2020 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 & Direct Plan - Monthly Dividend Option: 0.06 each.

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

LIC MF Debt Hybrid Fund - Regular Plan - Monthly Dividend Option: 0.02

LIC MF Arbitrage Fund - Direct Plan - Monthly Dividend Option: 0.06

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

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

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LIC Mutual Fund has announced 25 November 2020 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 & Direct Plan - Monthly Dividend Option: 0.06 each.

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

LIC MF Debt Hybrid Fund - Regular Plan - Monthly Dividend Option: 0.04.

LIC MF Arbitrage Fund - Direct Plan - Monthly Dividend Option: 0.06

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

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LIC Mutual Fund has announced that M Govindaraju has been appointed as CFO of LIC Mutual Fund, with effective from 27 October 2020.

Details of M Govindaraju

Age: 57 years

Designation: Chief Financial Officer

Qualification: B.Com, CA & CS.

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LICMF Delhi branch will remain closed on 22nd and 25th Jan 2021 post 12:00 P.M. on account of Republic day Celebration | LICMF Coimbatore branch will remain closed on 14th and 15th Jan 2021 on account of Pongal | 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