UTI MUTUAL announced a change in fund manager in some of its debt schemes. Mr Amandeep S Chopra will now be the fund manager for UTI Bond, UTI Dynamic Bond, UTI Gilt Advantage, UTI G-Sec, UTI Short-term Income and UTI Treasury Advantage. These funds were so far managed by Mr Puneet Pal.

FT INDIA FEEDER- FRANKLIN US OPPORTUNITIES will charge, effective February 14, an exit load of 1 per cent on redemptions or switch-outs made within a year of investment. This fund was launched in January 2011.

FIDELITY MUTUAL has changed the fund manager for some of its debt schemes from February 15. Mr Shriram Ramanathan and Mr Mahesh A. Chhabria will now manage the following schemes: Fidelity Cash Retail, Fidelity FMP Series V – Plan A, Plan C, Plan E and Plan F, Fidelity FMP Series VI Plan A and Plan F, Fidelity Ultra Short Term Debt and Fidelity Wealth Builder Plan A.

Mr Ramanathan and Mr Vikram Chopra will manage Fidelity Flexi Bond, Fidelity Flexi Gilt, Fidelity India Children's series – Education, Marriage and Savings, and also Fidelity Short Term Income.

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