| Indiabulls Mutual Fund has announced that Vikrant Mehta ceases to be the Head – Fixed Income of Indiabulls Mutual Fund with effect from 29 May 2020.
Change in the Fund Management Team of Indiabulls Mutual Fund with effect from 29 May 2020 as follows:
Indiabulls Liquid Fund, Indiabulls Ultra Short Term Fund and Indiabulls Savings Fund:
Existing Fund Management Team: Vikrant Mehta
Proposed Fund Management Team: Karan Singh
Indiabulls Nifty 50 Exchange Traded Fund and Indiabulls Value Fund:
Existing Fund Management Team:
Equity Segment: Rajeev Desai
Debt Segment: Vikrant Mehta
Proposed Fund Management Team:
Equity Segment: Rajeev Desai
Debt Segment: Karan Singh
Indiabulls Arbitrage Fund:
Existing Fund Management Team:
Equity Segment: Rajeev Desai & Vishal Ashar
Debt Segment: Vikrant Mehta
Proposed Fund Management Team:
Equity Segment: Rajeev Desai & Vishal Ashar
Debt Segment: Karan Singh
Indiabulls Equity Hybrid Fund, Indiabulls Tax Savings Fund and Indiabulls Savings Income Fund:
Existing Fund Management Team:
Equity Segment: Rajeev Desai
Debt Segment: Vikrant Mehta
Proposed Fund Management Team:
Equity Segment: Rajeev Desai
Debt Segment: Karan Singh
Indiabulls Dynamic Bond Fund, Indiabulls Overnight Fund & Indiabulls Banking & PSU Deebt Fund:
Existing Fund Management Team: Vikrant Mehta
Proposed Fund Management Team: Karan Singh
Indiabulls Short Term Fund & Indiabulls Income Fund:
Existing Fund Management Team: Vikrant Mehta & Karan Singh
Proposed Fund Management Team: Karan Singh
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