Fund News

Change in Fund Manager of Five funds of HDFC Mutual

With effect from 2nd April 2007, Mr. Chirag Setalvad will be managing the following funds:- HDFC Cap

With effect from 2nd April 2007, Mr. Chirag Setalvad will be managing the following funds:- HDFC Capital Builder Fund, HDFC Long Term Advantage Fund, HDFC Children’s Gift- Savings Plan, HDFC Children’s Gift- Investment Plan, HDFC Multiple Yield Fund- Plan 2005 and HDFC Balanced Fund. Earlier these funds were being managed by Mr. Vinay Kulkarni.

Mr Setalvad has a degree in Business Administration from Unversity of North Carolina and brings with him an experience of over 10 years in Fund Management and Equity Research.

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