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HDFC Mutual Fund has announced change in the fund management of multiple funds. Accordingly, HDFC Arbitrage Fund, HDFC Equity Savings Fund, HDFC Index Fund - NIFTY 50 Plan, HDFC Index Fund - Sensex Plan, HDFC Nifty 50 ETF, HDFC Sensex ETF, HDFC Banking ETF and HDFC Multi-Asset Fund will be jointly managed by Mr. Krishan Kumar Daga and Mr. Arun Agarwal. Mr. Amit Ganatra will be managing HDFC TaxSaver. HDFC Equity Savings Fund (equity assets), HDFC Focused 30 Fund and HDFC Growth Opportunities Fund will be managed by Mr. Gopal Agrawal. The change is effective from Aug 24.