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Change in Fund Manger under SBI Mutual Fund

SBI Mutual Fund has announced that with effect from June 27, 2011, Mr. R Srinivasan has been designated as Head of Equities and Mr. Rajeev Radhakrishnan has been designated as Head (Fixed Income). Further, Ms. Nidhi Chawla shall be the dedicated fund manager for investing in foreign securities.

Subsequently, following is the revised list of Fund Managers:

Scheme Fund Manager
Magnum Contra R Srinivasan
Magnum FMCG Saurabh Pant
Magnum Income Plus - Investment Ruchit Mehta
Magnum IT Anup Upadhyay
Magnum MIP - Floater Ruchit Mehta & Dinesh Ahuja (Debt Portion)
Magnum Pharma Tanmaya Desai
SBI Infrastructure - Series I Ajit Dange