DHFL Pramerica Mutual Fund has announced change in the fund’s management for a number of schemes. Accordingly, DHFL Pramerica Ultra Short Term Fund, which was earlier jointly managed by Mr. Nitish Gupta and Mr. Kumaresh Ramakrishnan, will now be solely managed by Mr. Kumaresh Ramakrishnan. The equity portion of DHFL Pramerica Equity Income Fund, which was previously managed by Mr. Akash Singhania, will now be managed by Mr. Alok Agarwal. Furthermore, the equity portion of DHFL Pramerica Income Advantage Fund and DHFL Pramerica Hybrid Fixed Term Fund - Series (4, 5, 6, 7, 10, 11, 12, 13, 14, 17, 19, 21, 22, 23, 26, 27, 29, 31, 32, 33, 34, 35, 37, 39, 40 & 41) will be managed by Mr. Alok Agarwal. The same was previously managed by Mr. Akash Singhania. The changes will be effective from Aug 22.