MUTUAL FUNDS
LIC Mutual Fund Asset Management announces Modification in SAI
Apr-29-2024

LIC Mutual Fund has informed that LIC MF Asset Management (AMC) was registered with SEBI for carrying out Portfolio Management Services (PMS) as per SEBI (Portfolio Managers) Regulations, 2020. However, the AMC has surrendered the PMS Registration with effect from April 22, 2024.

Accordingly, the following paragraph appearing under the heading ‘D. Asset Management Company’ under Section ‘I. Information about Sponsor, AMC And Trustee Company’ stands deleted with immediate effect:

'The AMC is also carrying out Portfolio Management Services as per SEBI (Portfolio Managers) Regulation 1993. The SEBI registration number for Portfolio Management Services is INP000001694.’

Necessary / incidental changes, as applicable, in the above regard shall be made in the SAI of the Fund. This Notice cum addendum shall form an integral part of the SAI of the Fund as amended from time to time. All other terms & conditions of SAI remain unchanged.


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