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Axis Mutual Fund has announced change in the fund management responsibilities of multiple funds effective from Sep 4. Accordingly, Axis Ultra Short Term Fund will be jointly managed by Mr. Aditya Pagaria and Mr. Sachin Jain. Axis Regular Saver Fund will be managed by Mr. Ashish Naik, Mr. Devang Shah and Mr. Sachin Jain. Axis Gilt Fund will be managed by Mr. Devang Shan and Mr. Kaustubh Sule; Axis Children’s Gift Fund to be managed by Mr. Ashish Naik, Mr. R. Sivakumar and Mr. Kaustubh Sule. Finally, Axis Credit Risk Fund to be managed by Mr. Devang Shah and Mr. Dhaval Patel.