
IDBI Mutual Fund has decided to change the fund manager of the following schemes with effect from October 09, 2018.
| Schemes | Existing | New |
| IDBI Nifty Index | Uma Venkatraman | Firdaus Marazban Ragina |
| IDBI Nifty Junior Index | Uma Venkatraman | Firdaus Marazban Ragina |
| IDBI Banking & Financial Services Fund | Uma Venkatraman | Uma Venkatraman & Ayushi Sethia (Co-Fund Manager) |
| IDBI Equity Advantage Fund | Uma Venkatraman | Uma Venkatraman & Ayushi Sethia (Co-Fund Manager) |
| IDBI Long Term Value Fund | Uma Venkatraman | Uma Venkatraman & Ayushi Sethia (Co-Fund Manager) |