LIC Mutual Fund Asset Management announces Modification in SAI
LIC Mutual Fund has announced that the Shareholding Pattern of LIC Mutual Fund Asset Management (AMC) given under the heading ‘D. Asset Management Company’ under Section ‘I. Information about Sponsor, AMC And Trustee Company’ stands revised.
Revised Shareholding Pattern: Life Insurance Corporation of India (including 7 nominee shareholders): 44.61%, LIC Housing Finance: 33.52%, GIC Housing Finance: 9.98%, Union Bank of India: 3.40% and IDBI Asset Management: 8.49%.
Necessary / incidental changes, as applicable, in the above regard shall be made in the (Statement of Additional Information) 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.
