L&T Mutual Fund has announced that Alok Ranjan has been appointed as the key personnel of AMC and dedicated fund manager for investment in foreign securities in L&T Hybrid Fund, L&T Equity Fund, L&T India Large Cap Fund, L&T Large & Midcap Fund, L&T India Value Fund, L&T Arbitrage Opportunities Fund, L&T Business Cycles Fund and L&T Emerging Business Fund, with effect from 1 October 2019.