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Mahindra Mutual Fund strengthen its equity team by roping an Equity CIO
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Mumbai/ Delhi, October 24, 2019: Mahindra Asset Management Company Private Limited (‘Mahindra AMC’), a wholly owned subsidiary of Mahindra and Mahindra Financial Services Limited (MMFSL) announces appointment of Mr. Krishna Sanghavi as Chief Investment Officer – Equities for strengthening its investment and portfolio management team.
Mr Krishna Sanghavi has 24 years of experience in research and fund management. In his new appointment, he will be responsible for overseeing the entire equity investment department of the company He was previously associated with Canara Robeco AMC, where he held the position of Head of Equities and was responsible for managing equity schemes with total equity assets at over ₹ 10,000 crores. Before Canara, he has also been associated with companies like Kotak Asset Management Company Ltd, AVIVA Life Insurance and IDBI Bank.
Mahindra AMC also announces appointment Mr. Ketul Sakhpara for the position of Head of the Equity Research function. An Alumnus of The University of Texas and also a Chartered Financial Analyst, Ketul leads the equity Research function at the company.
Ketul has around 20 years of experience and has worked with Franklin Templeton Investments, New York, as a Portfolio Manager for Franklin Templeton’s Global Listed Infrastructure Fund. Prior to joining Franklin Templeton, Mr. Sakhpara worked for Tudor Pickering's Energy Infrastructure Long-Short Equity Hedge Fund as well as EQC Funds, a Long-Short Equity Hedge Fund investing in Power, Telecom, Transportation and Energy Infrastructure. In his pre-MBA position, Mr. Sakhpara worked as a senior research engineer, Wireless Terminals Laboratory at Samsung and holds multiple patents for innovations in mobile devices.
peaking on the key appointments Mr Ashutosh Bishnoi, MD & CEO, Mahindra Asset Management Company Private Limited said, “We are in extremely interesting times as far as the capital markets are concerned, and with the strong new team in equities we believe that this is a good time to look at larger opportunities to scale our business to a competitive size.”
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