IDBI Mutual Fund (IDBI MF) has signed Scheme Transfer Agreement with LIC Mutual Fund (LIC MF) for transfer of Schemes of IDBI MF to LIC MF to comply with Regulation 7B of SEBI Mutual Fund Regulations.
IDBI Mutual Fund has been set up as a trust sponsored by IDBI Bank with IDBI MF Trustee Company as the Trustee (Trustee under the Indian Trusts Act, 1882) and with IDBI Asset Management as the Investment Manager.
IDBI Bank is the youngest, new generation public sector universal bank that rides on a cutting edge Core Banking platform with strong service orientation.
