Mr. Pradeep Kumar, Equity-Fund Manager, has resigned from Religare Mutual Fund, with effect from November 8, 2010. Subsequent to his resignation, Religare Banking and Religare Infrastructure will be managed by Mr. Amit Ganatra, Religare Growth will be jointly managed by Mr. Vetri Subramaniam and Mr. Vinay Paharia and Religare PSU Equity will be managed by Mr. Vetri Subramaniam jointly with Mr. Amit Ganatra.
Mr. Abbas Ratnani also has been appointed as a fund manager, with effect from November 9, 2010. He will now manage Religare Arbitrage, Religare AGILE and Religare AGILE Tax.
Earlier these schemes were being managed by Mr. Vetri Subramanjam.