Sunday, February 16, 2003 1:46:14 PM IST 
 
 
 
 
 
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SET UP OF THE FUND
 
Life Insurance Corporation of India set up LIC Mutual Fund on 19th June 1989 and contributed Rs. 2 Crores towards the corpus of the Fund. LIC Mutual Fund was constituted as a Trust in accordance with the provisions of the Indian Trust Act, 1882. The settlor is not responsible for the management of the Trust. The settlor is also not responsible or liable for any loss or shortfall resulting in any of the schemes of LIC Mutual Fund.
 
The Trustees of the LIC Mutual Fund have exclusive ownership of Trust Fund and are vested with general power of superintendence, discretion and management of the affairs of the Trust. Jeevan Bima Sahayog Asset Management Company Ltd. was formed on 20th April 1994 in compliance with the Securities and Exchange Board of India (Mutual Funds) Regulations, 1993. The Company commenced business on 29th April 1994. The Trustees of LIC Mutual Fund have appointed Jeevan Bima Sahayog Asset Management Company Ltd as the Investment Managers for LIC Mutual Fund. The Trustees are responsible for appointing a Custodian. The Trustees should also ensure that the activities of the Trust and the Asset Management Company are in accordance with the Trust Deed and the SEBI Mutual Fund Regulations as amended from time to time. The Trustees have also to report periodically to SEBI on the functioning of the Fund.
 
The investors under the schemes can obtain a copy of the Trust Deed, the text of the concerned Scheme as also a copy of the Annual Report, on a written request made to the Jeevan Bima Sahayog Asset Management Company Limited at a nominal price of Rs. 10/-.
 
 
Board of Trustees
NAME ADDRESS
SHRI V. N. NADKARNI
Retd. Chairman
State Bank of India
12,"JAYSHRI", Abdul
Ghaffar Khan Marg, Worli,
Sea Face , MUMBAI-400 025
SHRI N. C. SINGHAL
Retd. Vice Charman & MD
SCICI LTD
C-45, MAYFAIR GARDENS
Little Gibbs Road
MUMBAI - 400 001
SHRI S. C. ANAND
Retd. Addl. Dy. Comptroller
& Auditor General
R-47, RAJ NAGAR
GHAZIABAD - 201002
SHRI N. RAMAMURTHI
Retd. Executive Director
LIC OF INDIA
"VAIBHAV", Plot No. 26,
LIC Officers Colony, Sikh Village
SECUNDRABAD - 500 009
SHRI P. N. MEHTA
90, Anand Lok,
August Kranti Marg,
NEW DELHI - 110 049
SHRI R. N. BHARADWAJ
Managing Director
LIC of India
4, Jeevan Anand,
Rajab Ali Patel Lane,
Opposite Breach Candy Hospital,
Wardew Road
MUMBAI - 400 026

Board of Directors of JBS-AMC LIMITED
NAME ADDRESS
SHRI D. M. SUKTHANKAR
Chief Secretary (Retd.)
NO.5 , 'PRIYA', Abdul
Ghaffar Khan Marg, Worli,
Sea Face , MUMBAI-400 025
SHRI C. R. THAKORE
Acturial & Financial Consultant
"MRUDUL", 8 Jeevan Prakash
Society, ST. Xavier School Rd.,
PO : NAVJIVAN,
AHMEDABAD - 380 014
SHRI R. M. HONAVAR
Hon. Director
Indian School of Political Economy
"LAKSHMI KAMAL", 20 Chintamani
Co-operative Housing Society
Karve Nagar, PUNE - 411 052
SHRI M. R. MURALI
Chief Executive
Jeevan Bima Sahayog A.M.C
Industrial Assurance Building
4th Floor, OPP:Churchgate Station,
MUMBAI - 400 020
SHRI AJIT M. Sharan
Service,IAS Officer
Jt. Secretary (Insurance)
2-C, Hudco Place,
Andrews Ganj,

DELHI - 110 049
SHRI M. M. CHITALE
Practising Chartered Accountant
4/46, Vishnu Prasad Society Shahaji Raje marg, Ville Parle (E) Mumbai - 400 057.

Experience/Exposure of The Key Personnel
 
SHRI M. R. MURALI
is a graduate in Science, A.C.A. He has been the Chief Executive and Director of JBS AMC Ltd. since 29/9/2000. Earlier he was on deputation to GIC as General Manager & Chief Vigilance Officer. He has held various positions and responsibilities in LIC of India including the post of Marketing Manager, Sr. Divisional Manager & Regional Manager.
 
Shri K. J. Punnathra
is the General Manager (Marketing) Of JBSAMC Ltd, responsible for the marketing activities of various schemes of LICMF. He is a graduate in science and a postgraduate in literature. He has held various positions of responsibility in marketing, administration & industrial relations including those of Marketing Manager, Sr. Divisional Manager & Regional Manager in LIC Of India.
 

For Detailed Balance Sheet of JEEVAN BIMA SAHAYOG ASSET MANAGEMENT COMPANY LIMITED. Click Here
For Detailed Half Yearly Financial Results For The Period Ended 30/09/2002 (Unaudited)  of LIC Mutual Fund .Click Here
For detailed Schemewise ABRIDGED AUDITED REVENUE ACCOUNTS FOR THE YEAR ENDED 31ST MARCH 2002 of LIC Mutual Fund,Click Here
For Latest Portfolio of Schemes Click Here
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