MUTUAL FUNDS
LIC Mutual Fund Asset Management announces appointment, redesignation of key personnel’s
Jun-15-2026

LIC Mutual Fund Asset Management (AMC) has announced addendum to Scheme Information Document (SID) and Key Information Memorandum (KIM) of the Schemes and Statement of Additional Information (SAI) of LIC Mutual Fund.

LIC Mutual Fund has informed about the following change in details of Key Personnels pursuant to their appointment and re-designation(s) with effect from June 11, 2026: 

  • Prashant Thakkar currently designated as President- Retail Strategy, Operations & Technology has been appointed as Executive Director- Retail Strategy, Operations and Technology. 
  • Marzban Irani currently designated as President-Fixed Income Strategy has been appointed as Executive Director - Investments. 
  • Sudhanshu Asthana currently designated as Head - Equity is re-designated as Chief Investment Officer- Equity.
  • Rahul Singh currently designated as Head - Fixed Income, is re-designated as Chief Investment Officer- Fixed Income.
  • Pratik Shroff currently designated as Fund Manager- Fixed Income is re-designated as Senior Fund Manager- Fixed Income.
  • Mahesh Bendre currently designated as Fund Manager & Senior Equity Analyst is redesignated as Fund Manager- Equity. 

The above-mentioned employees shall continue to be designated as Key Personnel of the AMC.

Accordingly, the relevant sections of SID, KIM and SAI of LIC Mutual Fund stand modified in accordance with the above. All other contents of the SIDs, KIMs and SAI will remain unchanged.
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