Widely read:
Edelweiss Mutual Fund has revised the Fund Management Structure of its certain Schemes as Mr. Rahul Aggarwal has resigned from the services of the AMC in the scope of Fund Manager and Key Person with effect from December 01, 2015.
The Revised structure is as follows:
| Scheme Name | Existing Fund Manager | Revised Fund Manager |
| Edelweiss Liquid Fund | Fund Manager : Mr. Rahul Aggarwal Assistant Fund Manager : Mr. Bhavesh Jain | Fund Manager: Mr. Bhavesh Jain Assistant Fund Manager: Mr. Swayam Mangwani |
| Edelweiss Gilt Fund | ||
| Edelweiss Ultra Short Term Bond Fund | ||
| Edelweiss Short Term Income Fund | ||
| Edelweiss Equity Savings Advantage Fund | Fund Manager(Equity) : Mr. Kartik Soral Fund Manager(Debt) : Mr. Rahul Aggarwal | Fund Manager : Mr. Kartik Soral Co-Fund Manager : Mr Bhavesh Jain |
The Fund House has also revised the Termination provision of the Systematic Investment Plan (SIP) with effect from December 01, 2015. Under the revised provision in case the Investor's bank account does not have sufficient balance to honour the SIP payment for three consecutive times,then the AMC shall terminate the SIP facility.
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