LIC Mutual Fund announced the change in fund manager of LIC MF Exchange Traded Fund – Nifty 50, LIC MF Exchange Traded Fund – Nifty 100, LIC MF Exchange Traded Fund – Sensex, LIC MF Index Fund – Nifty Plan, LIC MF Index Fund – Sensex Plan and LIC MF Large Cap Fund. The new fund manager would be Ritu Modi effective Nov 1, 2019. For LIC MF Large Cap Fund, he will be designated as the co-fund manager.