
LIC Nomura Mutual Fund has changed the fund managers of the following schemes with effect from March 05, 2015:
| Scheme Name | New Fund Manager | Existing Fund Manager |
| LIC Nomura MF Equity LIC Nomura MF Index-Sensex Plan LIC Nomura MF Index-Sensex Advantage LIC Nomura MF Index-Nifty Plan | Ramnath Venkateshwaran | Nobutaka Kitajima |
| LIC Nomura MF Balanced LIC Nomura MF Children Fund LIC Nomura MF RGESS Series 1 LIC Nomura MF RGESS Series 2 LIC Nomura MF RGESS Series 3 LIC Nomura MF Diversified Equity Series 1 LIC Nomura MF Diversified Equity Series 2 | Ramnath Venkateshwaran | Ramnath Venkateshwaran & Nobutaka Kitajima |
| LIC Nomura MF Midcap LIC Nomura MF ULIS | Sachin Relekar | Sachin Relekar & Nobutaka Kitajima |
| LIC Nomura MF Growth LIC Nomura MF Tax Plan | Sachin Relekar | Nobutaka Kitajima |
The fund house has also removed the exit load of LIC Nomura MF Savings Plus Fund. Currently, it is 0.10 per cent if redeemed within 15 days. The effective date is March 16, 2015.