diff --git a/CHANGES.md b/CHANGES.md
index b16ec3a..8dd8f58 100644
--- a/CHANGES.md
+++ b/CHANGES.md
@@ -9,6 +9,8 @@
 
  - [#357](https://github.com/Day8/re-frame/pull/357)
  - [#340](https://github.com/Day8/re-frame/pull/340)
+ - [#341](https://github.com/Day8/re-frame/pull/341) Fix `re-frame.std-interceptors/on-changes` to work even if effect handler does not set `:db`. 
+
  
 ## 0.9.4 (2017.06.01)
 
diff --git a/src/re_frame/std_interceptors.cljc b/src/re_frame/std_interceptors.cljc
index c029220..64b260f 100644
--- a/src/re_frame/std_interceptors.cljc
+++ b/src/re_frame/std_interceptors.cljc
@@ -294,7 +294,9 @@
                    ;; work out if any "inputs" have changed
                    new-ins      (map #(get-in new-db %) in-paths)
                    old-ins      (map #(get-in old-db %) in-paths)
-                   changed-ins? (some false? (map identical? new-ins old-ins))]
+                   ;; make sure the db is actually set in the effect
+                   changed-ins? (and (contains? (get-effect context) :db)
+                                     (some false? (map identical? new-ins old-ins)))]
 
                ;; if one of the inputs has changed, then run 'f'
                (if changed-ins?
diff --git a/test/re-frame/interceptor_test.cljs b/test/re-frame/interceptor_test.cljs
index 4ebfc07..c1cc75d 100644
--- a/test/re-frame/interceptor_test.cljs
+++ b/test/re-frame/interceptor_test.cljs
@@ -106,8 +106,6 @@
                     (get-effect))]
     (is (= e {:db 5 :dispatch [:a]}))))
 
-
-
 (deftest test-on-changes
   (let [change-handler-i  (->  (fn [db v] (assoc db :a 10))
                                db-handler->interceptor)
@@ -115,6 +113,9 @@
         no-change-handler-i  (->  (fn [db v] db)
                                db-handler->interceptor)
 
+        no-db-handler-i (-> (fn [ctx v] {})
+                            fx-handler->interceptor)
+
         change-i   (on-changes + [:c] [:a] [:b])
         orig-db    {:a 0 :b 2}]
 
@@ -127,7 +128,13 @@
             (-> (context [] [] orig-db)
                 ((:before change-handler-i))       ;; cause change to :a
                 ((:after change-i))
-                (get-effect :db))))))
+                (get-effect :db))))
+
+    (is (=  ::not-found
+            (-> (context [] [] orig-db)
+                ((:before no-db-handler-i))       ;; no db effect in context
+                ((:after change-i))
+                (get-effect :db ::not-found))))))
 
 (deftest test-after
   (testing "when no db effect is returned"