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Change in Fund Manager of Peerless Liquid Fund


Peerless Mutual Fund has changed the fund managers of the following schemes:

Scheme NameExisting Fund ManagersRevised Fund Managers
Peerless Equity FundVikram Pamnani & Vishal JainAmit Nigam
Peerless Income Plus FundVikram Pamnani & Vishal JainAmit Nigam & Ramesh Rachuri
Peerless MF Child PlanVikram Pamnani & Vishal JainAmit Nigam & Ramesh Rachuri
Peerless Liquid FundVikram PamnaniRamesh Rachuri
Peerless Ultra Short Term FundVikram PamnaniRamesh Rachuri
Peerless Short Term FundVikram PamnaniRamesh Rachuri
Peerless Flexible Income FundVikram PamnaniRamesh Rachuri

The fund house has also revised the exit load of the below mentioned schemes:

Scheme NameExisting Exit LoadRevised Exit Load
Peerless Short Term Fund1% if redeemed within 9 months1% if redeemed within 6 months
Peerless MF Child Plan1% if redeemed within 1 year1.5% if redeemed within 12 months 1% if redeemed within 18 months
Peerless Income Plus Fund1% if redeemed within 1 year1.5% if redeemed within 12 months 1% if redeemed within 18 months
Peerless Equity Fund1% if redeemed within 1 year2% if redeemed within 12 months 1% if redeemed within 18 months
Peerless Flexible Income Fund3% if redeemed within 1 year 2% if redeemed between 1-2 years 1% if redeemed between 2-3 years1% if redeemed within 6 months

The above mentioned changes will be effective from November 01, 2014.