Pramerica Mutual Fund: Change in Fund Manager

Pramerica Mutual Fund has appointed Mr. Ritesh Jain as the new fund manager of Pramerica Liquid Fund, Pramerica Ultra Short Term Bond Fund, Pramerica Short Term Income Fund, Pramerica Treasury Advantage Fund, Pramerica Credit Opportunities Fund, Pramerica Dynamic Bond Fund, Pramerica Short Term Floating Rate Fund, Pramerica Income Fund, Pramerica Fixed Duration Fund- Series 6, 7 and 14 and debt portion of Pramerica Dynamic Monthly Income Fund, Pramerica Large Cap Equity Fund, Pramerica Dynamic Asset Allocation Fund and Pramerica Midcap Opportunities Fund.

Earlier, Mr. Mahendra Jajoo was the fund manager of the above mentioned schemes.

The change will be effective from July 04, 2014.