MUTUAL FUNDS
LIC Mutual Fund Asset Management announces Appointment of President
Sep-02-2025

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

LIC Mutual Fund has informed that, Prashant Thakkar, Chief of Operations & Technology has been appointed as the President- Retail Strategy, Operations & Technology of AMC with effect from September 01, 2025 and shall continue to be designated as a Key Personnel for the Schemes of LIC Mutual Fund.

Accordingly, following details of Prashant Thakkar hereby stand revised under Section ‘Information on Key Personnel’: Prashant Thakkar (48 years), hold a Diploma in Oracle & Developer 2000, a Diploma in Computer Applications and Internet Technologies and a Diploma Engineering in Computer Technology. He has over 25 + years of experience. Prior to this, Thakkar has also held various positions like Chief of Operations & Technology (November 01, 2021- August 31, 2025), Executive Vice President (EVP) -Operations & Technology (May 17, 2021 -October 31, 2021), Chief Technology Officer & Head – Strategy (April 2016- May 2021), Head – Information Technology (July 2012 – April 2016) in LIC Mutual Fund Asset Management. Thakkar was also associated with Mirae Asset Global Investments (India) as Head – Information Technology (July 2007 – July 2012).

This Notice cum addendum shall form an integral part of the SID, KIM of the forementioned Schemes and SAI of LIC Mutual Fund as amended from time to time. All other contents of the SIDs, KIMs and SAI will remain unchanged.


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