MUTUAL FUNDS
LIC Mutual Fund Asset Management announces appointment of Associate Director
Sep-23-2026

LIC Mutual Fund Asset Management (AMC) has announced addendum to the Statement of Additional Information (‘SAI’) of LIC Mutual Fund. LIC Mutual Fund has informed that, Sandeep Kumar (DIN:11239285) has been appointed as an Associate Director on the Board of the AMC with effect from September 21, 2026.

Accordingly, the following details pertaining to Sandeep Kumar stand added under the Section ‘Details of AMC Directors’ in the SAI: Sandeep Kumar, 58 years, holds a Master of Science (M.Sc) degree. He is currently serving as an Associate Director of LIC Mutual Fund Asset Management with effect from September 21, 2026 onwards. Prior to this, he serves as the Managing Director & CEO of LIC Housing Finance from August 29, 2026 onwards and as its Chief Operating Officer from May 2026 to August 2026.

Earlier, he was the Director & Chief Executive Officer of LICHFL Financial Services from August 2025 to May 2026 and its Chief Operating Officer from April 2025 to August 2025. Mr Kumar also served as Chief Personnel at LIC of India, CO, Mumbai (May 2023 - April 2025), as Secretary Marketing at LIC of India, North Zone, Delhi (May 2021 – April 2023), as Senior Divisional Manager at LIC of India, Delhi (May 2019 - April 2021) and as Senior Divisional Manager – LIC of India, Nadiad, Gujarat (May 2016 - April 2019).

This Notice cum Addendum forms an integral part of the SAI of LIC Mutual Fund as amended from time to time. All other contents of the SAI remain unchanged.



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