LIC Debt Mutual Funds
About This AMC
LIC Mutual Fund was established on April 20, 1994 as a Trust sponsored by Life Insurance Corporation of India. It was in April 1994 whenLIC Mutual Fund Asset Management Limited, got a green signal from SEBI to commence its mutual fund business and operations as LIC Mutual Fund.
LIC of India holds the majority stake (45%) in LIC Mutual Fund Asset Management. Other significant shareholders include LIC Housing Finance (39.30%), GIC Housing Finance (11.70%), and Union Bank of India (4%).
Currently, Mr. Ravi Kumar Jha is the Managing Director & CEO of LIC Mutual Fund. Mr. Marzban Irani is the CIO (Chief Investment Officer) of LIC Mutual Fund.
LIC Mutual Fund offers 26 schemes across different categories and has an AUM of ₹30,305 crore.
As of April 2024
Schemes
26
AUM
₹30,884 Cr
AUM growth
₹881 Cr
Fund managers
8
Top LIC Debt Fund Managers
₹33,124 Cr
AUM
10
Schemes
₹6,655 Cr
AUM
6
Schemes
Dikshit Mittal
₹5,552 Cr
AUM
6
Schemes
Jaiprakash Toshniwal
₹3,209 Cr
AUM
6
Schemes
₹2,078 Cr
AUM
6
Schemes
₹3,780 Cr
AUM
5
Schemes
Get your investment
reviewed in few clicks
Identify red flags in your mutual funds and how to fix them
All about LIC Debt Mutual Funds
Key Information
| Mutual Fund Name | LIC Mutual Fund |
| Asset Management Company Name | LIC Mutual Fund Asset Management Limited |
| AMC Setup Date | April 20, 1994 |
| AMC Incorporation Date | April 20, 1994 |
| Sponsor Name | Life Insurance Corporation of India |
| Name Of Trustees | Mr. Paul Alphonso Lobo Mr. Praveen Garg Mr. Raghunandan Maluste Mr. Ravi Kumar Jha Mr. Siddhartha Mohanty Mr. Tribhuwan Adhikari Mr. Vijay Sharma Ms. Reema Diddee Shri Sanjay A. Muthal |
| CIO | Mr. Marzban Irani |
| MD And CEO | Mr. Ravi Kumar Jha |
| Compliance Officer | Mr. Mayank Arora |
| Investor Service Officer | Mr. Prashant Thakkar |
| Updated As Of | April 2024 |
Other Fund Houses
Related Articles
Mutual fund investments are subject to market risks, read all scheme related documents carefully. Past Performance of the Scheme is neither an indicator nor a guarantee of future performance.
Mutual Fund distribution services are offered through Dezerv Distribution Services Pvt Limited with AMFI Registration No.: ARN -248439, a wholly owned subsidiary of Dezerv Investments Private Limited. Terms and conditions of the website are applicable. Privacy policy of the website is applicable.