L&T Mutual Fund has announced that Abhijeet Dakshikar, the dedicated fund manager in foreign securities in a few schemes, has resigned and shall cease to be the fund manager of L&T Investment Management Limited, with effect from February 3, 2017.
In view of the aforesaid, there is a change in the dedicated fund manager for managing investments in foreign securities in respect of a few schemes of the fund, which is as given below:
L&T India Prudence Fund, L&T Equity Fund, L&T India Large Cap Fund, L&T India Special Situation Fund, L&T India Value Fund, L&T Arbitrage Opportunities Fund, L&T Business Cycles Fund and L&T Emerging Business Fund will be managed by Karan Desai, with effect from the same.