LIC Mutual Fund moves to new premises in Mangaluru
The Hindu
LIC Mutual Fund relocates its Mangaluru branch to a larger, upgraded facility for enhanced service and support.
LIC Mutual Fund on Wednesday, moved its Mangaluru branch office to a larger, upgraded and more accessible premises.
Managing director and CEO of LIC Mutual Fund Ravi Kumar Jha inaugurated the new premises located on the first floor of Rambhavan Complex, Navbharath Circle.
He said with over 535 Mutual Fund Distributors (MFDs) active in the region, the upgraded branch aims to offer superior walk-in support, faster service delivery and an improved experience for both investors and channel partners.
As on January 31, LIC Mutual Fund’s Assets Under Management (AUM) in Mangaluru stood at ₹281.29 crore, comprising ₹247.80 crore in Equity, ₹6.1 crore in Cash, ₹8.46 crore in Long Duration Debt, ₹15.65 crore in Short Duration Debt and ₹3.28 crore in ETFs, he said.
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