Fund News

4 Reliance Funds to Have New Managers

Effective February 12, 2005, HDFC Cash Management Fund, HDFC Gilt Fund, HDFC Sovereign Gilt Fund, and HDFC Cash Management Fund would have new managers

Effective February 12, 2005, HDFC Cash Management Fund (Saving Plus Plan), HDFC Gilt Fund (Long-term and Short-term Plan), HDFC Sovereign Gilt Fund (Savings Plan, Investment Plan & Provident Plan), and HDFC Cash Management Fund (Savings Plan & Call Plan) would have new managers. While Shabbir Kapasi would manage the first three funds, Anil Bamboli would look after the affairs of HDFC Cash Management Fund (Savings Plan & Call Plan). The changes have been effected as Mustafa Mahmood, who used to manage the above-mentioned funds, has submitted his resigned.

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