Lic Mutual Fund Asset Management Limited logo

Lic Mutual Fund Asset Management Limited

Manages investments and offers various schemes for investors.
1994 | Mumbai, Maharashtra (India) | Active

Last Updated:

June 20, 2024
HomeCompanyLic Mutual Fund Asset Management Limited

Who are the key members and board of directors at Lic Mutual Fund Asset Management?

Executive Team (2)

NameDesignationAppointment DateStatus
Ravi JhaManaging Director16-Feb-2024Current
Mayank AroraCompany Secretary29-Oct-2014Current

Board Members(8)

NameDesignationAppointment DateStatus
Praveen Garg In Director 06-Apr-2023Current
Raghunandan Maluste In Director 19-Feb-2020Current
Rima Dhawan In Director Current
Sanjay Muthal In Director 29-Jun-2015Current
Vijay Sharma In Director 01-Mar-2017Current
Siddhartha Mohanty In Nominee Director 11-Sep-2019Current

Financial Performance and Corporate Structure Insights of Lic Mutual Fund Asset Management.

Lic Mutual Fund Asset Management Limited, for the financial year ended 2023, experienced modest growth in revenue, with a 8.38% increase. The company also saw a substantial fall in profitability, with a 49.71% decrease in profit. The company's net worth moved up by a moderate rise of 0.1%.

Revenue Growth Graph
Profit Loss Graph
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metric
(FY 2023)YOY Growth
(FY 2022)(FY 2021)(FY 2020)(FY 2019)
Total Revenue
8.38%
Revenue from Operations
4.63%
Total Assets
1.33%
Profit or Loss
-49.71%
Net Worth
0.10%
EBITDA
11.07%

Related Corporates (Common Directorship)

Charges (Loans)

Charges

There are no open charges registered against the company as per our records.

How Many Employees Work at Lic Mutual Fund Asset Management?

Lic Mutual Fund Asset Management has a workforce of 244 employees as of Apr 07, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.

Employee Graph

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Latest Updates, News, and FAQs on Lic Mutual Fund Asset Management

Recent activity within the organization

  • Director Appointment

    Ravi Kumar Jha was appointed as a Managing Director was appointed as a Managing Director on 16 Feb 2024 & has been associated with this company since 10 months 2 days .

    16 Feb 2024

  • Director Appointment

    Ravi Kumar Jha was appointed as a Ceo was appointed as a Ceo on 16 Feb 2024 & has been associated with this company since 10 months 2 days .

    16 Feb 2024

  • Annual General Meeting

    Lic Mutual Fund Asset Management Limited last Annual general meeting of members was held on 28 Jul 2023 as per latest MCA records.

    28 Jul 2023

  • Director Appointment

    Praveen Garg was appointed as a Director was appointed as a Director on 06 Apr 2023 & has been associated with this company since 1 year 8 months .

    06 Apr 2023

  • Balance Sheet

    Lic Mutual Fund Asset Management Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Mumbai.

    31 Mar 2023

  • Director Appointment

    Paul Alphonso Lobo was appointed as a Nominee Director was appointed as a Nominee Director on 28 Nov 2022 & has been associated with this company since 2 years 21 days .

    28 Nov 2022

Recent News, Updates & Announcement

Frequently asked questions

  • Lic Mutual Fund Asset Management Limited was incorporated on 20 Apr 1994.

  • The authorized share capital of Lic Mutual Fund Asset Management Limited is ₹ 25.00 Cr and paid-up capital is ₹ 15.39 Cr.

  • Currently 11 directors are associated with Lic Mutual Fund Asset Management Limited.

    • Praveen Garg
    • Raghunandan Dattatray Maluste
    • Rima Dhawan
    • Sanjay Achyutrao Muthal
    • Vijay Sharma
    • Siddhartha Mohanty
    • Paul Alphonso Lobo
    • Tribhuwan Adhikari
    • Ravi Kumar Jha
    • Mayank Kishan Arora
    • Ravi Kumar Jha
  • As per Ministry of Corporate Affairs (Mca), the registered address of Lic Mutual Fund Asset Management Limited is Indl Assurance Bldg 4Th Flropp Churchgate Station, Mumbai, Maharashtra, India, 400020.

  • The corporate identification number (CIN) of Lic Mutual Fund Asset Management Limited is U67190MH1994PLC077858 and the company number is 077858 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Lic Mutual Fund Asset Management Limited is https://www.licmf.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Lic Mutual Fund Asset Management Limited has risen by 8.38%.

  • As Per 2023 financial reports, 244 employees are currently employed by Lic Mutual Fund Asset Management Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Lic Mutual Fund Asset Management Limited has experienced an upsurge of 0.10%.

  • The most recent Balance Sheet for Lic Mutual Fund Asset Management Limited was filed with the ROC on 31 Mar 2023.

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