MANAGEMENT AGREEMENT

MANAGEMENT AGREEMENT

Mutual Funds Series Trust

On behalf of the Eventide Funds

Exhibit 1

Amendment Dated: May 21, 2015

Percentage of Average

Fund                                                                               Daily Net Assets

Eventide Gilead Fund                                                    1.00%

Eventide Healthcare and Life Sciences Fund                    1.10%

Eventide Multi-Asset Income Fund*                                0.73%

* For purposes of Section 10 of the Agreement, the execution date of the applicable Exhibit I for the Fund shall be deemed to be the date on which the Fund commences or commenced investment operations.

Mutual Fund Series Trust

By: /s/ Xxxxx Xxxxxxxx

Print Name: Xxxxx Xxxxxxxx

Title: President

Eventide Asset Management, LLC

By: /s/ Xxxxx Xxxx

Print Name: Xxxxx Xxxx

Title: Chief Executive Officer