Religare MF: Change in the Fund Managers'

Effective June 28, 2010, Religare Mutual Fund has appointed Mr Vinay Paharia as a co-fund manager for Religare Tax Plan and he will also be solely managing Religare Mid Cap and Religare Mid and Small Cap Fund.

Mr. Umesh Sharma has also resigned from the AMC. Consequently, the following schemes: Religare Liquid Fund, Religare Ultra Short Term Fund, Religare Short Term Plan, Religare Active Income, Religare Overnight Fund, Religare Gilt Fund (Longer and Short Duration), Religare FMP Series II (A, B, C, E and F) which he was jointly managing with Ashish Nigam will now solely be managed by Ashish Nigam.

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