Widely read:
IDFC Mutual Fund has appointed Mr. Daylynn Pinto and Mr. Sumit Agrawal as the Fund Managers in the Equity Investment Team effective October 20, 2016.
Consequently, the following schemes will be managed by the new fund manager mentioned as under:
| Scheme Name | Existing Fund Manager | New Fund Manager |
| IDFC Sterling Equity Fund | Anoop Bhaskar | Anoop Bhaskar & Daylynn Pinto |
| IDFC Tax Advantage (ELSS) Fund | Anoop Bhaskar | Daylynn Pinto |
| IDFC Tax Saver (ELSS) Fund | Meenakshi Dawar | Daylynn Pinto |
| IDFC Imperial Equity Fund | Meenakshi Dawar | Sumit Agrawal |
| IDFC Monthly Income Plan (Equity portion) | Anoop Bhaskar | Sumit Agrawal |
| IDFC Arbitrage Fund IDFC Arbitrage Plus Fund | Yogik Pitti & Meenakshi Dawar | Yogik Pitti & Meenakshi Dawar (Equity portion) & Harshal Joshi (Debt portion) |
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