Investments

India’s LIC Mutual Fund hires new whole time director

LIC Mutual Fund has named Raj Kumar as a whole time director, effective as of now.

This is a position created after Sarojini Dikhale was previously transferred to LIC as executive director, marketing and product development.

With an average AUM at INR21,475 crore as on March 31, LIC Mutual Fund is currently ranked 17th in the domestic industry.