Navi Mutual Fund has announced significant changes in fund management responsibilities across 16 schemes, effective from October 6, 2026. According to the fund house announcement, the changes involve Rushabh Patel taking over as the new equity fund manager across multiple schemes, while Tanmay Sethi continues in his debt fund management role. The changes represent a comprehensive restructuring of the fund management team for the Navi brand.
The fund management changes affect 16 schemes under the Navi brand, with Ashutosh Shirwaikar being replaced as the equity fund manager across all affected schemes. As reported by the fund house, the changes include Navi Aggressive Hybrid Fund, Navi BSE Sensex Index Fund, Navi ELSS Tax Saver Nifty 50 Index Fund, Navi Flexi Cap Fund, Navi Large & Midcap Fund, and various Nifty-linked index funds. The changes also extend to Navi Nasdaq100 US Specific Equity Passive FoF, Navi Nifty 50 Index Fund, and other sectoral and thematic funds.
The new fund management structure maintains Tanmay Sethi in his debt fund management role while Rushabh Patel assumes the equity fund manager position across all affected schemes. According to the fund house announcement, this change represents a strategic restructuring of the fund management team, with Rushabh Patel taking over as the primary equity fund manager while Tanmay Sethi continues to manage the debt components of these schemes.
