
IDBI Mutual Fund has decided to change the fund manager of the following schemes with effect from August 16, 2021.
| Schemes | Existing | Revised |
| IDBI India Top 100 Equity | Uma Venkatraman and Alok Ranjan | Alok Ranjan |
| IDBI Small Cap Fund | Uma Venkatraman and Alok Ranjan | Alok Ranjan |
| IDBI Equity Advantage Fund | Uma Venkatraman and Alok Ranjan | Alok Ranjan |
| IDBI Healthcare Fund | Uma Venkatraman and Alok Ranjan | Alok Ranjan |
| IDBI Banking & Financial Services Fund | Uma Venkatraman and Alok Ranjan | Alok Ranjan |
| IDBI Long Term Value Fund | Uma Venkatraman and Alok Ranjan | Alok Ranjan |
| IDBI Flexi Cap Fund | Uma Venkatraman and Alok Ranjan | Alok Ranjan |
| IDBI Midcap Fund | Uma Venkatraman and Alok Ranjan | Alok Ranjan |
| IDBI Focused 30 Equity Fund | Uma Venkatraman and Alok Ranjan | Alok Ranjan |
| IDBI Dividend Yield Fund | Uma Venkatraman and Alok Ranjan | Alok Ranjan |
| IDBI Equity Savings Fund | Uma Venkatraman and Alok Ranjan | Alok Ranjan |
| IDBI Hybrid Equity Fund | Uma Venkatraman and Alok Ranjan | Alok Ranjan |