UTI Mutual Fund has decided to change fund managers for some of the schemes and accordingly UTI-Pharma & Healthcare Fund will now be managed by Mr. V Srivatsa & Mr. Ritesh Rathod instead of Mr. Lalit Nambiar. UTI-Banking Sector Fund will be managed by Mr. Amit Premchandani instead of Mr. Lalit Nambiar and Mr. Amit Premchandani. Mr. Sharwan Kumar Goyal will be dedicated fund manager for making Overseas Investments in place of Mr. Ritesh Rathod. The changes will be applicable with immediate effect.