MUTUAL FUNDS
LIC Mutual Fund AMC announces Appointment of Fund Manager & Consequent Change in Fund Management Responsibilities
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, Aakash Parash Dhulia, Dealer - Fixed Income has been appointed as the Fund Manager – Fixed Income 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 Aakash Parash Dhulia hereby stand revised under Section ‘Information on Key Personnel’: Aakash Parash Dhulia (32 years), hold a Bachelor of Engineering (BE) degree in Computer Science from Rajiv Gandhi Institute of Technology, Mumbai and a PGDBM in Finance from NL Dalmia Institute of Management Studies and Research, Mumbai. He has overall 8+ years of experience. Aakash previously worked as a Fixed Income Dealer at LIC Mutual Fund Asset Management (September 08, 2023 – August 31, 2025). He was also associated IndiaFirst Life Insurance Co (June 2021 – September 2023), STCI Primary Dealer (May 2019 – May 2021) and Almondz Global Securities (February 2017 – May 2019).

Subsequent to his appointment, Aakash Dhulia will cease to be the Dealer- Fixed Income and he is added to the New Fund Manager of LIC MF Overnight Fund and LIC MF Liquid Fund (the schemes) with the Existing Fund Manager.

Accordingly, the relevant sections of SID and KIM of the aforementioned Schemes and SAI of the LIC Mutual Fund stands modified in accordance with the above. 

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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