Widely read:
LIC Mutual Fund announces Yash Dhoot as fund manager following the merger and takeover of IDBI Mutual Fund schemes, as mentioned below:
| Scheme(s) | Fund Manager |
|---|---|
| LIC MF Gold ETF | Yash Dhoot |
| LIC MF Gold ETF FoF | Yash Dhoot |
| LIC MF Small Cap Fund |
Yogesh Patil and Dikshit Mittal |
| LIC MF Midcap Fund |
Karan Doshi and Dikshit Mittal |
| LIC MF Long Term Value Fund |
Karan Doshi and Jaiprakash Toshniwal |
| LIC MF Equity Savings Fund |
Jaiprakash Toshniwal and Marzban Irani |
| LIC MF Healthcare Fund | Karan Doshi |
| LIC MF Focused 30 Equity Fund | Jaiprakash Toshniwal |
| LIC MF Nifty Next 50 Index Fund | Jaiprakash Toshniwal |
| LIC MF Dividend Yield Fund | Dikshit Mittal |
Also, Amit Nadekar ceases to be a fund manager in LIC Mutual Fund. Fund manager responsibilities has been revised as follows:
| Scheme(s) | Existing | Revised |
|---|---|---|
| LIC MF Flexi Cap Fund | Amit Nadekar | Jaiprakash Toshniwal |
| LIC MF ELSS | Amit Nadekar |
Dikshit Mittal and Karan Doshi |
All the above changes are with effect from July 31, 2023.
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