Choice Mutual Fund has announced changes in the fund management responsibilities of its Choice Overnight Fund. According to reports from the fund house, the fund will now be managed by Sudip Suresh More (Co-Fund Manager) and Rochan Pattnayak with effect from October 1, 2026. This represents a shift from the previous single-manager structure to a co-fund management approach.
The fund was previously managed by Rochan Pattnayak alone, as reported by the fund house. The change represents a shift from single-manager to co-fund management structure for the overnight fund, indicating a strategic decision to enhance fund management capabilities and diversify expertise.
The new fund management structure will be effective from October 1, 2026, as confirmed by Choice Mutual Fund. This transition involves the addition of Sudip Suresh More as Co-Fund Manager alongside Rochan Pattnayak, marking a significant operational change for the overnight fund.
