LIC Mutual Fund has completed the takeover of IDBI Mutual Fund schemes, giving investors access to a diversified product offering As of June 2023, LIC MF had an AUM of ₹18,400 crore, while IDBI MF had ...

LIC Mutual Fund (LIC MF) has completed the takeover of the schemes of IDBI Mutual Fund (IDBI MF). The merger will take effect on July 29, 2023. The move is in line with LIC MF's mission to strengthen ...

Life Insurance Corporation of India (LIC) is known for its reliable policies. In 2025, LIC introduced some new plans and ...

The merger will help us build a wider market presence and offer a more extensive range of product baskets. With the completion of the merger, out of 20 schemes of IDBI MF, 10 will be merged with ...

The Competition Commission of India (CCI) has approved LIC Mutual Fund Asset Management Ltd’s (LIC AMC) proposed acquisition of the management rights of IDBI MF schemes from IDBI Asset Management Ltd.

India’s largest life insurance provider, Life Insurance Corporation of India (LIC), has announced a major relief for millions ...

LIC Mutual Fund has completed the takeover of IDBI Mutual Fund and merged schemes with effect from July 29. The move is in line with LIC MF’s mission to strengthen and diversify its product offerings, ...

MUMBAI: LIC Mutual Fund (LICMF) will acquire all the schemes of IDBI Mutual Fund. As per the terms of the agreement between the two fund houses, LICMF will manage, operate, and administer all of ...

LIC Mutual Fund (LIC MF) on Monday said it has completed the takeover of schemes of IDBI Mutual Fund. The merger is effective from July 29. Image Courtesy: Reuters. LIC Mutual Fund (LIC MF) on Monday ...

IDBI Bank-promoted IDBI Mutual Fund has signed an agreement with LIC Mutual Fund to transfer its schemes to the latter, the bank said in an exchange filing on Friday. The decision has been taken to ...

LIC Bima Shree Policy vs Jeevan Shiromani Plan: The Life Insurance Corporation of India (LIC) provides several schemes that come with moneyback guarantee. IC Jeevan Shiromani guarantees Rs 1 crore ...