LIC Nomura Mutual Fund has announced that Y.D. Prasanna, Fund Manager shall cease to the Fund Manager and Key Personnel of LIC Nomura Mutual Fund Asset Management Company Ltd., with effect from the close of business hours on May 19, 2014. All the schemes managed by Y.D. Prasanna, will be managed by Killol Pandya, with effect from May 20, 2014. Accordingly LIC Nomura MF Bond Fund, LIC Nomura MF Government Securities Fund, LIC Nomura MF Interval Fund Series 1 - Yearly, LIC Nomura Fixed Maturity Plans and LIC Nomura MF Capital Protection Oriented Fund - Series 1,2 & 3 will be managed by Killol Pandya.
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