Vikram Chopra, the existing Fund Manager of a few schemes of L&T Mutual Fund has resigned and ceases to be the Fund Manager effective May 30, 2016. The change of the Fund Manager in respect of the aforementioned Schemes of the Fund is as follows:
| Name of the Scheme | New Fund Managers |
| L&T Floating Rate Fund, L&T Short Term Income Fund | Shriram Ramanathan |
| L&T India Prudence Fund | Shriram Ramanathan (Debt) |
| L&T Short Term Opportunities Fund, L&T Flexi Bond Fund | Shriram Ramanathan & Jalpan Shah |
| L&T Gilt Fund, L&T Low Duration Fund, L&T Ultra Short Term Fund, L&T Cash Fund, L&T FMP - Series X Plan S (1500Days) & Plan T (1500 Days), L&T FMP Series XI Plan A (1484 Days) & Plan C (1139 Days) | Jalpan Shah |
| L&T Monthly Income Plan, L&T Dynamic Equity Fund, L&T Equity Savings Fund | Jalpan Shah (Debt) |
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