has revised the fund management team of its Dynamic Asset Allocation Active Fund of Funds, replacing its ace fund manager and CIO Sankaran Naren with Sharmila D’silva.
The changes are effective Thursday, according to an addendum published by the asset management company.
The fund was earlier managed by Sankaran Naren, Dharmesh Kakkad, Manish Bhantia and Ritesh Lunawat, but it has now been revised to include D’silva while Naren is no longer part of the team.
The updated fund managers for the scheme will be Dharmesh Kakkad, Manish Bhantia, Ritesh Lunawat and Sharmila D’silva, as per the addendum, Scheme Information Documents and Key Information Memoranda issued by the fund house.
Business cycle fund
Similarly, the fund management team of ICICI Prudential Business Cycle Fund has been revised to include Divya Jain.
The revised fund manager line-up for Business Cycle Fund will be Anish Tawakley, Manish Banthia, Manan Tijoriwala and Divya Jain.