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LIC Mutual Fund has announced change in fund manager under the following schemes, with effect from July 01, 2024.

Change in Fund Manager:

Name of the Scheme Existing Fund Manager(s) New Fund Manager(s)
LIC MF Large Cap Fund Mr. Yogesh Patil and
Mr. Sumit Bhatnagar
Mr. Nikhil Rungta and
Mr. Sumit Bhatnagar
LIC MF Flexi Cap Fund Mr. Jaiprakash Toshniwal Mr. Nikhil Rungta and
Mr. Jaiprakash Toshniwal
LIC MF ELSS Tax Saver Mr. Dikshit Mittal and
Mr. Karan Doshi
Mr. Yogesh Patil and
Mr. Dikshit Mittal
LIC MF Multicap Fund Mr. Yogesh Patil and
Mr. Dikshit Mittal
Mr. Dikshit Mittal and
Mr. Yogesh Patil
LIC MF Infrastructure Fund Mr. Yogesh Patil Mr. Yogesh Patil and
Mr. Dikshit Mittal
LIC MF Dividend Yield Fund Mr. Dikshit Mittal Mr. Dikshit Mittal and Mr. Karan Doshi
LIC MF Focused Fund Mr. Jaiprakash Toshniwal Mr. Jaiprakash Toshniwal and
Mr. Sumit Bhatnagar
LIC MF Small Cap Fund Mr. Yogesh Patil and
Mr. Dikshit Mittal
Mr. Nikhil Rungta and
Mr. Mahesh Bendre
LIC MF Value Fund Mr. Karan Doshi and
Mr. Jaiprakash Toshniwal
Mr. Nikhil Rungta and
Mr. Mahesh Bendre
LIC MF Unit Linked Insurance Scheme Mr. Dikshit Mittal (Equity) and
Mr. Pratik Harish Shroff (Debt)
Mr. Dikshit Mittal (Equity),
Mr. Karan Doshi and
Mr. Pratik Harish Shroff (Debt)
LIC MF Aggressive Hybrid Fund Mr. Karan Doshi and
Mr. Pratik Harish Shroff (Debt)
Mr. Karan Doshi
Mr. Sumit Bhatnagar
Mr. Pratik Harish Shroff (Debt)
LIC MF Balanced Advantage Fund Mr. Yogesh Patil (Equity),
Mr. Jaiprakash Toshniwal (Equity) and
Mr. Rahul Singh (Debt)
Mr. Jaiprakash Toshniwal (Equity),
Mr. Yogesh Patil (Equity) and
Mr. Rahul Singh (Debt)
LIC MF Conservative Hybrid Fund Mr. Pratik Harish Shroff (Debt)
Mr. Karan Doshi (Equity)
Mr. Pratik Harish Shroff (Debt)
Mr. Nikhil Rungta (Equity)
LIC MF Children's Fund Mr. Karan Doshi (Equity)
Mr. Pratik Harish Shroff (Debt)
Mr. Nikhil Rungta (Equity)
Mr. Pratik Harish Shroff (Debt)

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LIC Mutual Fund has announced 25 June 2024 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 schemes. 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 the Fund Management responsibilities of the following Schemes of LIC Mutual Fund are being changed with effect from June 01, 2024:

Change in Fund Management Responsibilities:

Scheme Name Existing Fund Manager New Fund Manager
LIC MF Gold Exchange Traded Fund Mr. Yash Dhoot Mr. Sumit Bhatnagar
LIC MF Gold ETF Fund of Fund Mr. Yash Dhoot Mr. Sumit Bhatnagar

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LIC Mutual Fund has announced that Mr. Yash Dhoot, has resigned from the Fund Manager the Board of LIC Mutual Fund Asset Management Private Limited with effect from 31 May 2024.

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LIC Mutual Fund has announced change in scheme name under the following scheme, with effect from 01 June 2024:

Change in the Scheme Name:

Existing Name Revised Name
LIC MF S & P BSE Sensex ETF LIC MF BSE Sensex ETF
LIC MF S & P BSE Sensex Index Fund LIC MF BSE Sensex Index Fund

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LIC Mutual Fund has announced change the benchmark for the following schemes, with effect from 01 June 2024. Accordingly, the revised benchmark index will be:

LIC MF Healthcare Fund

Scheme Name Name of Existing Benchmark Revised Name of Benchmark
LIC MF Healthcare Fund S&P BSE Healthcare Total Return Index BSE Healthcare Total Return Index
LIC MF S & P BSE Sensex ETF S&P BSE Sensex Total Return Index BSE Sensex Total Return Index
LIC MF S & P BSE Sensex Index Fund S&P BSE Sensex Total Return Index BSE Sensex Total Return Index

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LIC Mutual Fund has announced change in scheme name under the following scheme, with effect from 01 June 2024.

Change in the Scheme Name:

Existing Name of the Schemes Revised Name of the Schemes
LIC MF Children?s Gift Fund LIC MF Children?s Fund
LIC MF Medium to Long Duration Bond Fund LIC MF Medium to Long Duration Fund
LIC MF Banking & PSU Debt Fund LIC MF Banking & PSU Fund
LIC MF Focused 30 Equity Fund LIC MF Focused Fund
LIC MF Long Term Value Fund LIC MF Value Fund

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LIC Mutual Fund has announced that the exit load of the following Schemes will be revised as under with effect from May 27, 2024 (?Effective Date?):

Change in Exit Load:

Fund Name Existing Exit Load Revised Exit Load
LIC MF Large Cap Fund ? 12% of the units allotted shall be redeemed or switched out without any exit load, on or before completion of 12 months from the date of allotment of units.
? 1% on remaining units if redeemed or switched out on or before completion of 12 months from the date of allotment of units.
? Nil, if redeemed or switched out after completion of 12 months from the date of allotment of units.
? 12% of the units allotted shall be redeemed or switched out without any exit load, on or before completion of 3 months from the date of allotment of units.
? 1% on remaining units if redeemed or switched out on or before completion of 3 months from the date of allotment of units.
? Nil, if redeemed or switched out after completion of 3 months from the date of allotment of units.
LIC MF Large & Mid Cap Fund ? 12% of the units allotted shall be redeemed or switched out without any exit load, on or before completion of 12 months from the date of allotment of units.
? 1% on remaining units if redeemed or switched out on or before completion of 12 months from the date of allotment of units.
? Nil, if redeemed or switched out after completion of 12 months from the date of allotment of units.
? 12% of the units allotted shall be redeemed or switched out without any exit load, on or before completion of 3 months from the date of allotment of units.
? 1% on remaining units if redeemed or switched out on or before completion of 3 months from the date of allotment of units.
? Nil, if redeemed or switched out after completion of 3 months from the date of allotment of units.
LIC MF Flexi Cap Fund ? 12% of the units allotted shall be redeemed or switched out without any exit load, on or before completion of 12 months from the date of allotment of units.
? 1% on remaining units if redeemed or switched out on or before completion of 12 months from the date of allotment of units.
? Nil, if redeemed or switched out after completion of 12 months from the date of allotment of units.
? 12% of the units allotted shall be redeemed or switched out without any exit load, on or before completion of 3 months from the date of allotment of units.
? 1% on remaining units if redeemed or switched out on or before completion of 3 months from the date of allotment of units.
? Nil, if redeemed or switched out after completion of 3 months from the date of allotment of units.
LIC MF Aggressive Hybrid Fund ? 12% of the units allotted shall be redeemed or switched out without any exit load, on or before completion of 12 months from the date of allotment of units.
? 1% on remaining units if redeemed or switched out on or before completion of 12 months from the date of allotment of units.
? Nil, if redeemed or switched out after completion of 12 months from the date of allotment of units.
? 12% of the units allotted shall be redeemed or switched out without any exit load, on or before completion of 3 months from the date of allotment of units.
? 1% on remaining units if redeemed or switched out on or before completion of 3 months from the date of allotment of units.
? Nil, if redeemed or switched out after completion of 3 months from the date of allotment of units.

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LIC Mutual Fund has announced 28 May 2024 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 schemes. The amount of IDCW (Rs per unit) will be:

LIC MF Aggressive Hybrid Fund ? Regular Plan - IDCW Option: 0.10

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