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LIC Mutual Fund has announced that Mukesh Kumar Gupta has been appointed as an Associate Director on the board of LIC Mutual Fund Asset Management Ltd, with effect from 02 June 2021.

Details of Mukesh Kumar Gupta

Designation & Age: Associate Director, 59 years

Qualification: B.Sc, MBA (HRM)

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LIC Mutual Fund has announced that Harish Shah has been appointed as Equity Dealer and key personnel for Schemes of LIC Mutual Fund, with effective from 18 May 2021 .

Details of Harish Shah

Age: 35 years

Designation: Equity Dealer

Qualification: Trade Management, Electronics & Telecom Engineering.

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LIC Mutual Fund has announced that Rohit Mistry has been designated as Head - Business Development & Marketing of LIC Mutual Fund Asset Management Limited, with effect from 17 May 2021.

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LIC Mutual Fund has announced 25 May 2021 as the record date for declaration of IDCW on the face value of Rs 10 per unit under Regular IDCW Plan & Direct IDCW Plan of LIC MF Equity Hybrid Fund. The rate of IDCW will be Rs 0.10 per unit under each plan / option as on the record date.

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LIC Mutual Fund has announced that Smt G Shobha Reddy has been appointed as an Associate Director on the board of LIC Mutual Fund Asset Management Ltd, with effect from 28 April 2021.

Details of Smt G Shobha Reddy

Designation & Age: Associate Director, 58 years

Qualification: M.SC Foods & Nutrition

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LIC Mutual Fund has announced 29 April 2021 as the record date for declaration of Income Distribution cum Capital Withdrawal (IDCW) on the face value of Rs 10 per unit under Regular IDCW Plan & Direct IDCW Plan of LIC MF Equity Hybrid Fund. The rate of IDCW will be Rs 0.10 per unit under each plan / option as on the record date.

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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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Investor are requested to note that, pursuant to SEBI circular no. SEBI/HO/IMD/DF2/CIR/P/2020/175 dated September 17, 2020 read with circular no. SEBI/HO/IMD/DF2/CIR/P/2020/253 dated December 31, 2020, effective from February 1, 2021, the applicable NAV in respect of purchase of units of mutual fund scheme shall be subject to realization & availability of the funds in the bank account of mutual fund before the applicable cut off timings, irrespective of the amount of investment, under all mutual fund schemes. To know more about payment modes available : CLICK HERE   |   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