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Essel Mutual Fund announced that Manav Vijay has ceased to be the fund manager and key personnel of the AMC with effect from close of business hours of Dec 6, 2019. As such, the fund management responsibility of Essel Equity Hybrid Fund, Essel Long Term Advantage Fund and Essel Large & Midcap Fund has changed to Saravana Kumar with effective from Dec 7, 2019.