Mutual Fund News

Get the news on mutual fund.
Invesco Mutual Fund announces change in fund manager under its schemes
01-Oct-2026 ( 10:55 )
Invesco Mutual Fund has announced change in fund manager under the following schemes, With effect from October 01, 2026.

Change in Fund Manager:

Name of the Schemes Existing Fund Managers New Fund Managers
Invesco India Contra Fund Mr. Taher Badshah Mr. Taher Badshah and Mr. Deepak Gupta (Arbitrage & Derivatives)
Invesco India Large Cap Fund Mr. Hiten Jain Mr. Hiten Jain and Mr. Deepak Gupta (Arbitrage & Derivatives)
Invesco India Large & Mid Cap Fund Mr. Aditya Khemani Mr. Aditya Khemani and Mr. Deepak Gupta (Arbitrage & Derivatives)
Invesco India Flexi Cap Fund Mr. Taher Badshah and Ms. Fatema Pacha Mr. Taher Badshah, Ms. Fatema Pacha and Mr. Deepak Gupta (Arbitrage & Derivatives)
Invesco India Multi Cap Fund Mr. Taher Badshah and Mr. Manish Poddar Mr. Taher Badshah, Mr. Manish Poddar and Mr. Deepak Gupta (Arbitrage & Derivatives)

Choice Mutual Fund announces change in fund manager under its scheme
01-Oct-2026 ( 11:02 )
Choice Mutual Fund has announced change in fund manager under the following scheme, With effect from October 01, 2026.

Change in Fund Manager:

Name of the Scheme Existing Fund Manager Revised Fund Managers
Choice Overnight Fund Mr. Rochan Pattnayak Mr. Rochan Pattnayak & Mr. Sudip Suresh More

ASK Mutual Fund announces Appointment of Key Personnel
01-Oct-2026 ( 11:29 )
ASK Mutual Fund has announced that Mr. Sheldon Dsouza has been appointed as Head – Information Technology of ASK Asset Management Private Limited with effect from September 25, 2026.

Name: Mr. Sheldon Dsouza

Age: 40 years

Designation: Head – Information Technology

Qualification: BSc

Mr. Chetan Modi has ceased to be a Key Personnel and employee of ASK Asset Management Private Limited with effect from the close of business hours on September 24, 2026.

Kotak Mahindra Mutual Fund announces Appointment of Key Personnel
01-Oct-2026 ( 11:47 )
Kotak Mahindra Mutual Fund Fund has announced that Mr. Chander Prakash Gurnani has been appointed as an Independent Director on the Board of Kotak Mahindra Asset Management Company Limited with effect from September 28, 2026.

Name: Mr. Chander Prakash Gurnani

Age: 67 years

Designation: Independent Director

Qualification: Bachelor of Technology (Chemical)

Groww Mutual Fund announces change in fund manager under its schemes
30-Sep-2026 ( 10:47 )
Groww Mutual Fund has announced change in fund manager under the following schemes, With effect from September 30, 2026.

Change in Fund Manager:

Name of the Schemes Existing Fund Managers New Fund Managers
Groww Small Cap Fund • Mr. Anupam Tiwari (Head of Equity)
• Mr. Saptarshee Chatterjee (Fund Manager – Equity)
• Mr. Nikhil Satam (Fund Manager & Dealer – Equity)
• Mr. Anupam Tiwari (Head of Equity)
• Mr. Saptarshee Chatterjee (Fund Manager – Equity)
• Mr. Nikhil Satam (Fund Manager & Dealer – Equity)
• Mr. Hitesh Das (Fund Manager)
Groww Large Cap Fund • Mr. Anupam Tiwari (Head of Equity)
• Mr. Saptarshee Chatterjee (Fund Manager – Equity)
• Mr. Nikhil Satam (Fund Manager & Dealer – Equity)
• Mr. Hitesh Das (Fund Manager)
• Mr. Anupam Tiwari (Head of Equity)
• Mr. Saptarshee Chatterjee (Fund Manager – Equity)
• Mr. Nikhil Satam (Fund Manager & Dealer – Equity)
Groww Value Fund • Mr. Anupam Tiwari (Head of Equity)
• Mr. Saptarshee Chatterjee (Fund Manager – Equity)
• Mr. Nikhil Satam (Fund Manager & Dealer – Equity)
• Mr. Anupam Tiwari (Head of Equity)
• Mr. Saptarshee Chatterjee (Fund Manager – Equity)
• Mr. Nikhil Satam (Fund Manager & Dealer – Equity)
• Mr. Hitesh Das (Fund Manager)
Groww Multicap Fund • Mr. Anupam Tiwari (Head of Equity)
• Mr. Saptarshee Chatterjee (Fund Manager – Equity)
• Mr. Nikhil Satam (Fund Manager & Dealer – Equity)
• Mr. Anupam Tiwari (Head of Equity)
• Mr. Hitesh Das (Fund Manager)
• Mr. Saptarshee Chatterjee (Fund Manager – Equity)
• Mr. Nikhil Satam (Fund Manager & Dealer – Equity)
Groww Banking & Financial Services Fund • Mr. Anupam Tiwari (Head of Equity)
• Mr. Saptarshee Chatterjee (Fund Manager – Equity)
• Mr. Nikhil Satam (Fund Manager & Dealer – Equity)
• Mr. Saptarshee Chatterjee (Fund Manager – Equity)
• Mr. Anupam Tiwari (Head of Equity)
• Mr. Nikhil Satam (Fund Manager & Dealer – Equity)
• Mr. Hitesh Das (Fund Manager)

Aditya Birla Sun Life Mutual Fund announces Appointment of Key Personnel
30-Sep-2026 ( 11:01 )
Aditya Birla Sun Life Mutual Fund has announced that Mr. Rishi Awasthi will be appointed as Chief Information Security Officer (CISO) Aditya Birla Sun Life AMC Limited (“ABSLAMC”) with effect from Thursday, October 01, 2026.

Name: Mr. Rishi Awasthi

Age: 37 years

Designation: Chief Information Security Officer (CISO)

Qualification: B. Tech – Computer Science Engineering, SRM University MBA – IT Business Management (ITBM) – Symbiosis Internation University (SIU) General Management Programme, ISB. Certified in CISA, CISM, ISC, CDPSE, CEH, CC (ISC2), Associate CCISO, ISO 27001:2013 Lead Auditor, CPISI

Further, Mr. Basil Dange – CISO ceases to be Key Personnel w.e.f. close of business hours of Friday, September 25, 2026.

ICICI Prudential MF announces Income Distribution cum Capital Withdrawal (IDCW) under four schemes
30-Sep-2026 ( 11:13 )
ICICI Prudential Mutual Fund has announced 05 October 2026 as the record date for declaration of Income Distribution cum Capital Withdrawal (IDCW) option under the following schemes. The amount of IDCW (Rs per unit) on the face value of Rs 10 per unit will be:

ICICI Prudential Arbitrage Fund:

Regular Plan – IDCW: 0.0500

Direct Plan – IDCW: 0.0500

ICICI Prudential Aggressive Hybrid Fund:

Regular Plan – Monthly IDCW: 0.16

Direct Plan – Monthly IDCW: 0.16

ICICI Prudential Balanced Advantage Fund:

Regular Plan – Monthly IDCW: 0.07

Direct Plan – Monthly IDCW: 0.07

ICICI Prudential Multi Asset Allocation Fund:

Regular Plan – IDCW: 0.1600

Direct Plan – IDCW: 0.1600

ITI Mutual Fund announces Appointment of Key Personnel
30-Sep-2026 ( 11:25 )
ITI Mutual Fund has announced that Mr. Nigel Goveas has been appointed as Junior Dealer – Fixed Income of ITI AMC with effect from September 28, 2026.

Name: Mr. Nigel Goveas

Age: 31 years

Designation: Junior Dealer – Fixed Income

Qualification: Bachelor's in Electrical Engineering

Tata CRISIL-IBX Financial Services 3-6 Months Debt Index Fund announces change in Exit Load Structure
30-Sep-2026 ( 12:04 )
Tata Mutual Fund has announced change in exit load structure under following scheme stands revised with effect from September 25, 2026.

Change in Exit Load:

Name of the Scheme Existing Exit Load Revised Exit Load
Tata CRISIL-IBX Financial Services 3-6 Months Debt Index Fund On or before 30 days from the date of allotment: 0.25%

After 30 days from the date of allotment: NIL

NIL

Bajaj Finserv Mutual Fund announces change in fund manager under its scheme
29-Sep-2026 ( 10:51 )
Bajaj Finserv Mutual Fund has announced change in fund manager under the following scheme, With effect from September 28, 2026.

Change in Fund Manager:

Name of the Scheme Existing Fund Managers New Fund Managers
Bajaj Finserv Healthcare Fund Equity portion (Jointly):
Mr. Vinay Bafna, Associate Fund Manager
Mr. Bharat Hegde, Associate Fund Manager

Debt portion:
Mr. Siddharth Chaudhary, Head – Fixed Income and Fund Manager

Equity portion (Jointly):
Mr. Bharat Hegde, Associate Fund Manager
Mr. Sorbh Gupta, Head – Equity and Fund Manager

Debt portion: Mr. Siddharth Chaudhary, Head – Fixed Income and Fund Manager

Axis Mutual Fund announces change in fund manager under its schemes
29-Sep-2026 ( 11:39 )
Axis Mutual Fund has announced change in fund manager under the following scheme, With effect from September 28, 2026.

Change in Fund Manager:

Name of the Schemes Existing Fund Managers New Fund Managers
Axis Services Opportunities Fund Mr. Sachin Relekar
Ms. Krishnaa N (for Foreign Securities)
Mr. Sachin Relekar Mr. Nikhil Walecha
Ms. Krishnaa N (for Foreign Securities)

(w.e.f. October 01, 2026)

Axis Large & Mid Cap Fund Mr. Shreyash Devalkar
Mr. Hitesh Das
Mr. Mayank Hyanki
Ms. Krishnaa N (for Foreign Securities)
Mr. Shreyash Devalkar
Mr. Mayank Hyanki
Ms. Krishnaa N (for Foreign Securities)

(w.e.f. September 28, 2026)

Axis Consumption Fund Mr. Hitesh Das
Mr. Jayesh Sundar
Ms. Krishnaa N (for Foreign Securities)
Mr. Jayesh Sundar
Ms. Krishnaa N (for Foreign Securities)

(w.e.f. September 28, 2026)

LIC Mutual Fund announces Appointment of Mr. Ashis Kumar as Managing Director and Chief Executive Officer
29-Sep-2026 ( 11:55 )
A. Appointment of Mr. Ashis Kumar as Managing Director and Chief Executive Officer on the Board of LIC Mutual Fund Asset Management Limited (AMC)

LIC Mutual Fund has announced that Mr. Ashis Kumar, who was serving as the Chief Operating Officer of LIC Mutual Fund Asset Management Limited (AMC), has been appointed as the Managing Director & Chief Executive Officer (CEO) of the AMC with effect from 26(th) September 2026. He will continue to be designated as Key Personnel of the AMC. Accordingly, upon his appointment as Managing Director & CEO, Mr. Ashis Kumar ceased to hold the position of Chief Operating Officer with effect from the close of business hours on 25(th) September 2026.

B. Cessation of Mr. Ravi Kumar Jha, Managing Director and Chief Executive Officer from the Board of LIC Mutual Fund Asset Management Limited (AMC).

LIC Mutual Fund has announced that Mr. Ravi Kumar Jha, Managing Director & CEO of the AMC has resigned from the services of LIC Mutual Fund Asset Management Limited, on account of his impending superannuation from LIC of India. Accordingly, he ceased to be a Key Personnel for the Schemes of LIC Mutual Fund from the close of business hours of 25(th) September 2026.

UTI Mutual Fund announces IDCW Income Distribution cum Capital Withdrawal (IDCW) under its schemes
29-Sep-2026 ( 12:11 )
UTI Mutual Fund has announced 01 October 2026 as the record date for declaration of Income Distribution cum Capital Withdrawal (IDCW) in the following scheme. The proposed IDCW on the face value of Rs 10 per unit will be:

UTI-Conservative Hybrid Fund – Regular Plan – Monthly IDCW Option: Rs 0.80 per unit.

UTI-Conservative Hybrid Fund – Direct Plan – Monthly IDCW Option: Rs 0.80 per unit

UTI-Arbitrage Fund Fund – Direct Plan – IDCW Option: Rs 1.00 per unit

The Wealth Company Mutual Fund announces change in fund manager under its scheme
28-Sep-2026 ( 10:38 )
The Wealth Company Mutual Fund has announced change in fund manager under the following scheme, With effect from September 25, 2026.

Change in Fund Manager:

Name of the Scheme Existing Fund Manager(s) New Fund Manager(s)
The Wealth Company Flexi Cap Fund Ms. Aparna Shanker
Ms. Saloni Kapadia
Ms. Aparna Shanker
Mr. Chinmay Sathe

Mahindra Manulife Mutual Fund announces change in fund managers under its schemes
28-Sep-2026 ( 10:51 )
Mahindra Manulife Mutual Fund has announced change in fund manager under the following schemes, With effect from September 25, 2026.

Change in Fund Manager:

Scheme(s) Name Existing Fund Manager(s) New Fund Manager(s)
Mahindra Manulife ELSS Tax Saver Fund 1. Mr. Neelesh Dhamnaskar 1. Mr. Hemang Kapasi
2. Mr. Neelesh Dhamnaskar
Mahindra Manulife Large Cap Fund 1. Ms. Kirti Dalvi 1. Mr. Hemang Kapasi
2. Ms. Kirti Dalvi
Mahindra Manulife Consumption Fund 1. Mr. Navin Matta 1. Mr. Navin Matta
2. Mr. Hemang Kapasi
Mahindra Manulife Balanced Advantage Fund 1. Mr. Neelesh Dhamnaskar (Equity portion)
2. Mr. Rahul Pal (Debt portion)
3. Mr. Amit Garg (Debt Portion)
1. Mr. Hemang Kapasi (Equity portion)
2. Mr. Neelesh Dhamnaskar (Equity portion)
3. Mr. Rahul Pal (Debt portion)
4. Mr. Amit Garg (Debt portion)

DSP Mutual Fund announces change in fund manager under its scheme
28-Sep-2026 ( 10:58 )
DSP Mutual Fund has announced change in fund manager under the following scheme, With effect from September 25, 2026.

Change in Fund Manager:

Name of the Scheme Existing Fund Manager New Fund Manager(s)
DSP Banking & Financial Services Fund Ms. Preethi R S Ms. Preethi R S
Mr. Vinit Sambre

Tata CRISIL-IBX Financial Services 3-6 Months Debt Index Fund announces Re-Open date change
25-Sep-2026 ( 10:00 )
Tata Mutual Fund has announced Change in the Re-opening date of the New Fund Offer (NFO) of Tata CRISIL-IBX Financial Services 3-6 Months Debt Index Fund.

Name of the Scheme Existing Revised
Tata CRISIL-IBX Financial Services 3-6 Months Debt Index Fund Scheme Re-Opens for Continuous Sale & Repurchase on 29.09.2026 Scheme Re-Opens for Continuous Sale & Repurchase on 25.09.2026

Mirae Asset Aggressive Hybrid Fund announces Income Distribution cum Capital Withdrawal (IDCW)
25-Sep-2026 ( 10:11 )
Mirae Asset Mutual Fund has announced 29 September 2026 as the record date for declaration of Income Distribution cum Capital Withdrawal (IDCW) in the following scheme. The proposed IDCW on the face value of Rs 10 per unit will be:

Mirae Asset Aggressive Hybrid Fund – Regular Plan – IDCW Option: Rs 0.10 per unit.

Mirae Asset Aggressive Hybrid Fund – Direct Plan – IDCW Option: Rs 0.10 per unit

PGIM India Large Cap Fund announces Income Distribution cum Capital Withdrawal (IDCW)
24-Sep-2026 ( 10:58 )
PGIM India Mutual Fund has announced 25 September 2026 as the record date for declaration of IDCW under the following scheme. The amount of IDCW (Rs per unit) on the face value of Rs 10 per unit will be:

PGIM India Large Cap Fund:

Regular Plan – IDCW Option: 0.3671

Direct Plan – IDCW Option: 0.5335

Franklin Templeton MF announces Income Distribution cum Capital Withdrawal (IDCW) under its schemes
24-Sep-2026 ( 11:06 )
Franklin Templeton Mutual Fund has announced 25 September 2026 as the record date for declaration of Income Distribution cum Capital Withdrawal (IDCW) under the following schemes. The amount of IDCW (Rs per unit) on the face value of Rs 10 per unit will be:

Franklin India Dividend Yield Fund – Regular - IDCW Option: 1.100

Franklin India Dividend Yield Fund – Direct – IDCW Option: 1.300

Franklin India Balanced Advantage Fund – Regular - IDCW Option: 0.550

Franklin India Balanced Advantage Fund – Direct – IDCW Option: 0.850

<< < 123> >> 
Close