Peerless Mutual Fund has changed the fund managers of the following schemes:
| Scheme Name | Existing Fund Managers | Revised Fund Managers |
| Peerless Equity Fund | Vikram Pamnani & Vishal Jain | Amit Nigam |
| Peerless Income Plus Fund | Vikram Pamnani & Vishal Jain | Amit Nigam & Ramesh Rachuri |
| Peerless MF Child Plan | Vikram Pamnani & Vishal Jain | Amit Nigam & Ramesh Rachuri |
| Peerless Liquid Fund | Vikram Pamnani | Ramesh Rachuri |
| Peerless Ultra Short Term Fund | Vikram Pamnani | Ramesh Rachuri |
| Peerless Short Term Fund | Vikram Pamnani | Ramesh Rachuri |
| Peerless Flexible Income Fund | Vikram Pamnani | Ramesh Rachuri |
The fund house has also revised the exit load of the below mentioned schemes:
| Scheme Name | Existing Exit Load | Revised Exit Load |
| Peerless Short Term Fund | 1% if redeemed within 9 months | 1% if redeemed within 6 months |
| Peerless MF Child Plan | 1% if redeemed within 1 year | 1.5% if redeemed within 12 months 1% if redeemed within 18 months |
| Peerless Income Plus Fund | 1% if redeemed within 1 year | 1.5% if redeemed within 12 months 1% if redeemed within 18 months |
| Peerless Equity Fund | 1% if redeemed within 1 year | 2% if redeemed within 12 months 1% if redeemed within 18 months |
| Peerless Flexible Income Fund | 3% if redeemed within 1 year 2% if redeemed between 1-2 years 1% if redeemed between 2-3 years | 1% if redeemed within 6 months |
The above mentioned changes will be effective from November 01, 2014.
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