LIC Mutual Fund appoints Nikhil Rungta as Co-Chief Investment Officer–Equity

LIC Mutual Fund named Nikhil Rungta as co-chief investment officer – equity (Co-CIO) from June 19, 2024, and notified unitholders via a notice-cum-addendum. Currently, LIC MF manages 39 schemes: 14 equity, 9 debt, 5 hybrid, 1 solution-oriented, and 10 passive (ETF and Index funds), with approximately 7.07 lakh folios.