Edelweiss Mutual Fund Continues to Strengthen its Investment Team Appoints Aniruddha Kekatpure as Head of Research
Edelweiss Mutual Fund (Edelweiss MF/ EMF / EAMC) has appointed Aniruddha Kekatpure as its Head of Research. Aniruddha is a seasoned professional with over two decades of rich industry experience in the financial services industry and asset management.
Edelweiss Mutual Fund now has a 15+ member strong equity investment team managing money across equities and factor investing. The equity & hybrid Asset Under Management (AUM) across these strategies has grown 2x in the last 2 years and now stands at over Rs. 53,000 crores as of June 30, 2024. This expanded team now strengthens and prepares the Asset Management Company (AMC) to be future-ready for further growth. With over 15 lakh investors investing in EMF’s well-diversified offerings, the total AUM have reached over Rs. 1.35 lakh crore as of June 30, 2024.
Radhika Gupta, MD & CEO of Edelweiss Mutual Fund, commented on the appointment: " We are delighted to welcome Aniruddha to the Edelweiss MF family. His expertise in strategy and macro research, along with his extensive experience across key sectors, will significantly enhance our capabilities. We believe his leadership will empower our research team to support our fund and portfolio managers in helping India's retail investors grow their wealth through the capital markets. We are excited about his contributions as we pursue our strategic goals."
On his appointment, Aniruddha Kekatpure cited, “With inflation stabilising and India showing a robust GDP growth trajectory, the capital markets are poised for an exciting growth phase. Mutual funds are fast becoming one of the favoured investment avenues for India’s growing middle class. EMF is today one of India’s youngest and fastest growing mutual fund houses. It is a bunch of dynamic and vibrant finance professionals. I look forward to working closely with my team to unearth opportunities and identify risks to enable our investors maximise their wealth.”
Aniruddha joins EMF after an extensive stint with JM Financial, where he was a member of the core fund management team. He was involved in spearheading strategy and macro research apart from covering a wide range of sectors with primary focus on Consumption and Financial Services. Other areas which Aniruddha has covered at various points include Auto, Building Materials, Industrials, Telecom and Media. Aniruddha is a Chartered Financial Analyst with an MBA (dual degree) from ICFAI University, Hyderabad. He has also completed the PGPMX MBA from IIM-Indore
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