Widely read:
Axis Mutual Fund has appointed Mr. Aditya Pagaria as the Fund Manager - Fixed Income with effect from August 1, 2016. Also, Sudhanshu Asthana has resigned from the services of the AMC with effect from August 13, 2016.
Accordingly, the fund management responsibilities stand revised with effect from August 13, 2016 as follows:
| Scheme Name | Existing Fund Manager | New Fund Manager |
| Axis Midcap Fund | Sudhanshu Asthana | Ashish Naik |
| Axis Liquid Fund Axis Treasury Advantage Fund | Devang Shah | Devang Shah & Aditya Pagaria |
| Axis Banking Debt Fund | Devang Shah | Aditya Pagaria |
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