Fund Manager on WebNotes

Anand Radhakrishnan

Tue, 19 May 2026 00:00:00 +0000

Anand Radhakrishnan is a senior equity fund manager at Franklin Templeton India Mutual Fund and lead manager of the Franklin India Bluechip Fund, one of the firm’s flagship equity schemes.

Career

Anand Radhakrishnan has been with Franklin Templeton India for many years, managing large-cap equity strategies. The Franklin India Bluechip Fund under his management has had a long historical track record.

Investment philosophy

Quality-bias large-cap equity, focus on management quality, sustainable business models, and predictable cash flows.

Anil Ghelani

Tue, 19 May 2026 00:00:00 +0000

Anil Ghelani is the Head of Passive Investments and Products at DSP Mutual Fund , specialising in index funds and ETF strategies in the Indian context.

Career

Anil Ghelani has been a long-tenured Indian asset management professional with focus on passive investing, smart-beta strategies, and ETF product design. Under his leadership at DSP, the firm has expanded its passive-fund offerings.

Investment philosophy

Passive investing principles, smart-beta strategies, factor-based portfolio construction.

Industry contribution

Public commentary on the structural rise of passive investing in India, ETF market development, and factor-based investment approaches.

D P Singh

Tue, 19 May 2026 00:00:00 +0000

D P Singh is the Deputy Managing Director and Joint CEO of SBI Funds Management , India’s largest mutual fund AMC by AUM. He oversees critical functions including distribution, operations, and key strategic initiatives at SBI MF.

Career

D P Singh has been with SBI Mutual Fund across multiple leadership transitions and product expansions. SBI MF under the broader leadership team has grown to be India’s largest AMC.

Industry contribution

Public commentary on Indian mutual fund industry structure, distribution evolution, and the role of public-sector bank-backed AMCs in financial inclusion. Serves on industry committees.

Dinesh Khara

Tue, 19 May 2026 00:00:00 +0000

Dinesh Khara served as the Chairman of the State Bank of India (until late 2024), having earlier been instrumental in the strategic positioning of SBI Mutual Fund (a subsidiary of SBI). Under broader SBI leadership during his tenure, SBI Mutual Fund grew to become India’s largest mutual fund AMC by AUM.

Career

Dinesh Khara held senior positions across the State Bank of India before becoming Chairman. The SBI group’s mutual fund subsidiary grew substantially during his association with the institution.

Fund manager limits in mutual funds

Tue, 19 May 2026 00:00:00 +0000

SEBI’s fund manager limits framework caps the number of schemes a single fund manager can simultaneously manage. The framework ensures adequate attention per scheme and reduces the concentration risk of having one individual responsible for too many funds.

For Indian retail investors, the framework is rarely directly visible but matters because:

A fund manager managing 10+ schemes has less time per scheme.
Concentration of multiple schemes under one manager can reflect AMC organisational depth (or lack thereof).
Manager-departure risk is elevated when one person runs many AMC schemes.

Framework

SEBI limits

Per SEBI guidelines:

How to evaluate a mutual fund manager's track record

Tue, 19 May 2026 00:00:00 +0000

Fund manager evaluation is one of the highest-leverage decisions in fund selection. The manager + the process drive 70% of long-term alpha; the rest is luck and market.

Conflict-of-interest disclosure. This guide is published by WebNotes Editorial Team for informational purposes. WebNotes has no commercial relationship with any AMC or platform. No affiliate commission is earned.

Step-by-step procedure

See the procedure infobox above for the seven steps.

Kalpen Parekh

Tue, 19 May 2026 00:00:00 +0000

Kalpen Parekh is the President of DSP Investment Managers , responsible for client engagement, distribution, and firm growth at DSP Mutual Fund. He is a regular commentator on Indian capital markets and a frequent presenter at industry events.

Career

Kalpen Parekh joined DSP and has led client engagement and business development as DSP MF has grown into a top-12 Indian AMC. Prior to DSP, he held senior positions across the Indian financial services industry.

Milind Barve

Tue, 19 May 2026 00:00:00 +0000

Milind Barve served as the Managing Director of HDFC Asset Management Company (HDFC AMC) for many years, leading the firm through its substantial growth phase to become one of India’s three largest AMCs by AUM. His leadership tenure included the highly successful HDFC AMC IPO (2018) .

Career

Milind Barve was MD of HDFC AMC for over 20 years, overseeing the firm’s growth from a smaller AMC to industry leadership. His tenure coincided with the build-out of HDFC AMC’s flagship schemes under Prashant Jain and others.

Navneet Munot

Tue, 19 May 2026 00:00:00 +0000

Navneet Munot is the Managing Director and CEO of HDFC Asset Management Company (HDFC AMC). He leads one of India’s three largest AMCs by AUM, overseeing the firm’s strategy, operations, and growth.

Career

Navneet Munot joined HDFC AMC, succeeding the previous leadership, and has continued the firm’s market-leadership position. Before HDFC AMC, he held senior positions at major Indian asset management and banking firms.

Industry contribution

Public commentary on Indian capital markets, asset-allocation principles, and the structural drivers of Indian retail mutual fund growth. He serves on industry advisory committees and contributes to AMFI initiatives.

Neelesh Surana

Tue, 19 May 2026 00:00:00 +0000

Neelesh Surana is the Chief Investment Officer of Mirae Asset Investment Managers India (Mirae Asset MF India). Mirae Asset MF under his investment leadership has built a strong reputation for consistent equity returns and risk-aware management.

Career

Neelesh Surana has been with Mirae Asset Investment Managers India through its growth phase, overseeing equity investment strategies across the AMC’s scheme universe. Schemes notable for his oversight include Mirae Asset Large Cap Fund, Mirae Asset Emerging Bluechip Fund, and Mirae Asset Tax Saver Fund.

Neil Parikh

Tue, 19 May 2026 00:00:00 +0000

Neil Parikh is the Chief Executive Officer of PPFAS Asset Management , continuing the firm’s value-investing legacy as son of founder Parag Parikh . He provides operational and strategic leadership at PPFAS while Rajeev Thakkar leads investment strategy.

Career

Neil Parikh joined PPFAS and rose to CEO, leading firm operations through its substantial AUM growth following the launch of Parag Parikh Flexi Cap Fund . He represents the second-generation leadership of the firm.

Industry contribution

Stewardship of PPFAS’s value-investing philosophy. Public engagement on long-term investing principles, behavioural finance, and the structural growth of Indian mutual fund participation.

Nilesh Shah

Tue, 19 May 2026 00:00:00 +0000

Nilesh Shah is the Managing Director of Kotak Mahindra Asset Management Company (Kotak Mahindra MF). With over three decades in Indian capital markets and asset management, he is one of the most recognised voices on Indian financial markets and a frequent commentator across business television and print media.

Career

Nilesh Shah has held senior leadership positions across major Indian financial services firms. He joined Kotak Mahindra Asset Management as Managing Director, leading the AMC through periods of substantial AUM growth. Prior roles include senior positions at other major Indian asset managers and financial-services firms.

Nimesh Shah

Tue, 19 May 2026 00:00:00 +0000

Nimesh Shah is the Managing Director and CEO of ICICI Prudential Asset Management Company (ICICI Prudential AMC). He leads one of India’s three largest AMCs by AUM, with broad responsibility for the firm’s strategy, growth, and distribution.

Career

Nimesh Shah has been with ICICI Prudential AMC, leading the firm through its market-leadership growth phase. The AMC under his leadership has expanded across equity, debt, hybrid, and passive scheme categories.

Industry contribution

Public commentary on Indian asset management industry structure, scheme innovation, and the evolution of retail mutual fund distribution. Serves on industry committees and contributes to AMFI initiatives.

Prashant Jain

Tue, 19 May 2026 00:00:00 +0000

Prashant Jain is the Founder and Chief Investment Officer of 3P Investment Managers, a PMS / advisory firm. He is widely regarded as one of India’s most respected value-oriented equity investors following his 25+ year tenure as Chief Investment Officer of HDFC Asset Management Company , where he managed several of HDFC MF’s flagship schemes through multiple market cycles.

Career

Prashant Jain joined HDFC Mutual Fund early in its history and rose to become CIO. Schemes he managed included HDFC Top 100 (large-cap flagship), HDFC Mid-Cap Opportunities, and HDFC Balanced Advantage Fund. He stepped down from HDFC AMC in 2022 and subsequently founded 3P Investment Managers.

R Janakiraman

Tue, 19 May 2026 00:00:00 +0000

R Janakiraman is a senior equity fund manager at Franklin Templeton India Mutual Fund . With long industry tenure, he has managed several Franklin equity schemes through multiple market cycles.

Career

R Janakiraman has been with Franklin Templeton India for many years, managing equity schemes including Franklin India Prima Fund and related mid-cap / multi-cap offerings. He continues to provide investment management at the firm post the firm’s broader 2020 events.

Radhika Gupta

Tue, 19 May 2026 00:00:00 +0000

Radhika Gupta is the Managing Director and Chief Executive Officer of Edelweiss Asset Management Company . She is among the most prominent women leaders in the Indian asset management industry and a frequent commentator on capital-markets and behavioural-finance topics.

Career

Radhika Gupta joined Edelweiss Asset Management as Managing Director and CEO, building the AMC into a top-15 player. Prior to Edelweiss, she co-founded the wealth management firm Forefront, which was subsequently acquired by Edelweiss, integrating her into the Edelweiss financial-services group.

Rajeev Thakkar

Tue, 19 May 2026 00:00:00 +0000

Rajeev Thakkar is the Chief Investment Officer and Equity Fund Manager at PPFAS Mutual Fund . He is one of the architects of PPFAS’s distinctive value-investing approach and the lead manager of the flagship Parag Parikh Flexi Cap Fund.

Career

Rajeev Thakkar has been with PPFAS since its early years, working closely with founder Parag Parikh on the firm’s distinctive value-investing philosophy. He became CIO and the principal equity fund manager. Under his management, the Parag Parikh Flexi Cap Fund has built a strong long-term performance record.

Sailesh Raj Bhan

Tue, 19 May 2026 00:00:00 +0000

Sailesh Raj Bhan is the Deputy Chief Investment Officer of Nippon India Mutual Fund . He oversees equity strategy and is the lead manager of multiple Nippon India equity schemes.

Career

Sailesh Raj Bhan has been with the AMC across its Reliance-era and Nippon-era phases. He has managed flagship Nippon India equity schemes including Nippon India Multi Cap Fund and Nippon India Large Cap Fund.

Investment philosophy

Bottom-up stock selection, quality-bias, focus on management quality and predictable business models.

Samir Arora

Tue, 19 May 2026 00:00:00 +0000

Samir Arora is the Founder of Helios Capital Management and Helios Mutual Fund (the recent AMC entrant in India). He is a globally-recognised hedge-fund manager and an early pioneer of quality-focused, concentrated equity investing approaches applied to Indian and broader emerging-market equities.

Career

Samir Arora founded Helios Capital, building a global hedge-fund franchise focused on Indian and Asian equities. Subsequently launched Helios Mutual Fund (India), bringing concentrated equity investing principles to Indian retail investors.

Sandeep Tandon

Tue, 19 May 2026 00:00:00 +0000

Sandeep Tandon is the Founder of Quant Mutual Fund and Quant Capital, parent of Quant Mutual Fund . He is known for data-driven, quant-style investment approaches that have differentiated Quant MF from traditional fundamental-investing AMCs in India.

Career

Sandeep Tandon founded Quant Capital with a quantitative-investing approach. The asset management arm has grown rapidly with its concentrated equity strategies and rotation-based investment methodology. Quant MF schemes have garnered attention for their high-conviction positioning across themes.

Saurabh Mukherjea

Tue, 19 May 2026 00:00:00 +0000

Saurabh Mukherjea is the Founder and Chief Investment Officer of Marcellus Investment Managers, a PMS firm focused on high-quality Indian equities. He is a prominent value investor, author of multiple books on Indian capital markets, and frequent commentator on quality investing and behavioural finance.

Career

Saurabh Mukherjea founded Marcellus Investment Managers with a quality-focused investment approach for HNI investors. Prior to Marcellus, he was a senior research analyst at major Indian and international brokerages. His books on Indian equity investing have been influential in shaping the quality-investing discourse in India.

Sundeep Sikka

Tue, 19 May 2026 00:00:00 +0000

Sundeep Sikka is the Executive Director and CEO of Nippon Life India Asset Management (Nippon India MF). He led the firm through its transition from Reliance Nippon Life Asset Management (the 50/50 joint venture era) to fully Nippon-owned post the October 2019 Nippon-Reliance acquisition .

Career

Sundeep Sikka has been with the AMC through multiple ownership transitions and brand evolutions. He led the firm through the Reliance-era growth, the Nippon partnership phase, and the post-acquisition rebrand.

Sunil Singhania

Tue, 19 May 2026 00:00:00 +0000

Sunil Singhania is the Founder of Abakkus Asset Management , an Indian asset management firm with PMS, AIF, and now mutual fund offerings. Previously he was the Global Head of Equities at Reliance Nippon Life Asset Management (now Nippon India Mutual Fund ).

Career

Sunil Singhania spent many years at Reliance / Nippon as Global Head of Equities, managing flagship equity schemes. In 2017, he founded Abakkus Asset Management, building a sophisticated PMS, AIF, and subsequently mutual fund franchise.

Suresh Soni

Tue, 19 May 2026 00:00:00 +0000

Suresh Soni is the Chief Executive Officer of Baroda BNP Paribas Mutual Fund , leading the AMC following the 2022 merger of Baroda Mutual Fund and BNP Paribas Mutual Fund .

Career

Suresh Soni led the integration of the two predecessor AMCs into the unified Baroda BNP Paribas franchise. Prior senior positions across Indian financial services.

Industry contribution

Steering the post-merger AMC’s scheme rationalisation, distribution build-out, and brand development in the Indian mutual fund market.

Vetri Subramaniam

Tue, 19 May 2026 00:00:00 +0000

Vetri Subramaniam is the Chief Investment Officer of UTI Asset Management . He leads investment strategy at one of India’s largest and most historically significant AMCs.

Career

Vetri Subramaniam joined UTI as CIO, having previously held senior research and investment positions across major Indian asset managers. He has overseen UTI’s equity, debt, and hybrid scheme universe.

Investment philosophy

Quality-bias equity strategies, risk-aware portfolio construction, focus on long-term wealth creation.

Industry contribution

Public commentary on Indian equity market valuations, mutual fund investment principles, and the role of UTI in Indian retail investing.

Vinit Sambre

Tue, 19 May 2026 00:00:00 +0000

Vinit Sambre is the Head of Equities at DSP Asset Managers (DSP MF). He is known for his small-cap and mid-cap equity management expertise, leading DSP’s small-cap and mid-cap fund offerings.

Career

Vinit Sambre has been with DSP for many years, building the firm’s small-cap and mid-cap fund management capability. Schemes he has managed include DSP Small Cap Fund and DSP Mid Cap Fund, both with strong long-term track records.

Investment philosophy

Bottom-up stock selection in mid and small-cap segments, focus on quality management, growth at reasonable price, willingness to hold concentrated positions in conviction picks.

How to submit questions for the PPFAS Annual Unitholders' Meet

Sun, 17 May 2026 00:00:00 +0000

The Q&A is the segment of the AUM where the fund managers go off-script. The CIO and Head of Research presentations cover the year systematically and the slides do most of the work; the Q&A is where the answers depend entirely on which questions get pulled in and which don’t. If you want yours to land, the writing matters more than the platform: a specific, focused question that couldn’t be answered from the latest factsheet has a real chance of being read out, while a generic query about NAV doesn’t.

AMFI scheme factsheet for mutual funds

Tue, 12 May 2026 00:00:00 +0000

An AMFI scheme factsheet (also called a fund factsheet or scheme information factsheet) is a standardised monthly disclosure document that each Asset Management Company (AMC) in India is required to publish for every actively managed mutual fund scheme it operates. The factsheet consolidates scheme-level data – investment objective, portfolio holdings, NAV history, performance versus benchmark, risk ratios, and fund manager biography – into a single document that investors, distributors, and analysts can use to evaluate and compare schemes. The format and minimum content requirements are prescribed by SEBI and operationalised through AMFI guidelines.

Mutual Fund Industry Employment and Careers in India

Tue, 12 May 2026 00:00:00 +0000

Mutual fund industry careers in India span a range of functions from investment management and research to distribution, compliance, operations, technology, and investor education. With 44 SEBI -registered asset management companies (AMCs), two registrar-and-transfer agents (CAMS and KFin), multiple custodians, and a network of national distributors and IFAs, the mutual fund industry directly employs tens of thousands of professionals and supports a broader ecosystem of hundreds of thousands of registered agents and advisers.

SEBI fund manager qualification and scheme limits (India)

Tue, 12 May 2026 00:00:00 +0000

SEBI’s fund manager qualification and scheme limits framework for mutual funds in India prescribes the minimum qualifications required for individuals appointed as fund managers by asset management companies (AMCs), the maximum number of schemes a single fund manager may manage simultaneously, and the disclosure requirements relating to fund manager assignments in the Scheme Information Document (SID) and Statement of Additional Information (SAI) . The framework is embedded in the SEBI (Mutual Funds) Regulations, 1996 (particularly Regulation 25) and the SEBI Master Circular, and is administered by the SEBI Investment Management Department .