TET 2/Senior Clerk Mp3:-GK Mp3:-General Knowledge In Audio Format Download GK Part-51 (Gujarati Sahitya-17) In MP3 | By Current Gujarat.
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/-.
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