Expands to 26thbranch across the country.
Mumbai – October 16, 2018 (GPN) : LIC Mutual Fund, India’s one of the leading fund house with assets under management of ₹ 20,171 Crore (Avg as on 31st March 2018) and wide product suite across asset classes, launches its new branch at Guwahati, Assam. The new branch is located at Office no -19, Ground floor, Zest Business Center, M G Road, Ghatkopar (E), Mumbai – 400077
The expansion is a part of the LIC Mutual Fund’s continuous efforts towards assisting investor convenience and simplifying wealth creation. The company’s effort has been to remain holistically investor-centric with a passion to serve its customers well.
The new branch was inaugurated by Mr. Raj Kumar, Chief Executive Officer, LIC Mutual Fund & Rajesh Patwardhan Chief Marketing Officer, LIC Mutual Fund, along with the chief guest, there were several senior LIC Mutual Fund officials who graced the branch opening ceremony.
Commenting on the launch, Mr. Rajesh Patwardhan Chief Marketing Officer, LIC Mutual Fund said, “We are excited to launch the new branch in financial capital of the country, Mumbai. The new branch will aid essential service support and facilitate better understanding of investor demands specific to the region. We continuously aim to deliver efficient investment products and solutions with excellence in customer service”.
With the aim to increase the penetration in the mutual fund industry, the company remains committed to reach across the length and breadth of the country. This will also enable increase in the contribution from the retail investors. LIC Mutual Fund plans to further strengthen its presence and customer reach in Mumbai with more branches in the coming quarters.
About LIC MF
LIC Mutual Fund was established on 20th April 1989 by LIC of India. Being an associate company of India’s premier and most trusted brand, LIC Mutual Fund is one of the well-known players in the asset management sphere. With a systematic investment discipline coupled with a high standard of financial ethics and corporate governance, LIC Mutual Fund is emerging as a preferred Investment Manager amongst the investor fraternity.
LIC Mutual Fund endeavours to create value for its investors by adopting innovative and robust investment strategies, catering to all segments of investors. LIC Mutual Fund believes in providing delight to its customers and partners by way of superior investment experience and unparalleled service thereby truly bring them Khushiyaan, Zindagi Ki. ENDS