MUTUAL FUNDS
LIC AMC announces cessation of independent director
Jun-24-2025

LIC Mutual Fund Asset Management (AMC) has announced modification to Statement of Additional Information (SAI) of LIC Mutual Fund.

LIC Mutual Fund has informed that, Rammohan Bhave ceases to be an Independent Director on the Board of LIC Mutual Fund Trustee (‘Trustee’) from the close of business hours of June 21, 2025 on completion of the maximum term prescribed as per paragraph 6.4.1.1 of SEBI Master Circular for Mutual Funds. 

All references of Rammohan Bhave in the SAI stand deleted. 

This Notice cum Addendum forms an integral part of the SAI of LIC Mutual Fund as amended from time to time.  All other contents of the SAI will remain unchanged.


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