Mutual Fund Updates | LIC Mutual Fund

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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LIC Mutual Fund Updates