“To promote financial inclusion, by assisting the common man in making informed investment choices, through mutual funds and thus bring to him, the prosperity of the capital markets.”

 

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Mr. Jorty M. Chacko
-Additional Nominee Director
(DIN: 08307961)
Jorty M Chacko, a post graduate in Commerce and Associate of IIBF is a career banker with 2.5 decades of experience in commercial Banking.  He has started his career in banking with Federal Bank Ltd and gained experience in branch banking, treasury and risk management.  He was a dealer in treasury for 5 years and contributed handsomely to the bottomline of the Bank.  On joining the erstwhile IDBI Bank Ltd as senior Manager in the year 2000 he has been handling branch banking, operations and sales management in various capacities.  At present he is Executive Director in charge of retail Banking with assignments of Retail Asset business, Credit card business and Third Party Distribution.  Important positions held by him prior to this includes National Sales Head, Zonal Head South and General Manager – Business for West I (Mumbai) Zone, Head – Branch Operations etc.  He is 55 years old and hails from Kochi Kerala.  His other interests are literature andmusic.
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Lt. Gen.(Dr.) Mukesh Sabharwal
-PVSM, AVSM**, VSM (Retd) Independent Director
(DIN: 05155598)
Lt. Gen.(Dr.) Mukesh Sabharwal, PVSM, AVSM**, VSM (Retd.), had an outstanding career of 40 years with the Indian Army. During the course of his service, he had served as the Corps Commander in Srinagar and Security Advisor to the J&K Government. He was also the Adjutant General of the Indian Army and in this capacity, the Principal Staff Officer to the Government of India and Advisor to the Chief of Army Staff. As the Chairman of ‘Army Group Insurance Fund’ and ‘Ex- servicemen Contributory Health Scheme’, he oversaw investments amounting to over Rs 20000 crores. Besides, in his capacity as the Chairman of ‘Army Welfare Housing Organisation’, he was responsible for directing policies for provision of housing to soldiers.
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Ms. Geeta P. Shetti
-Independent Director
(DIN: 02948958)
Ms.Geeta P. Shetti has nearly four decades of experience in Banking sector. She superannuated as General Manager of Indian Overseas Bank in 2014. She has rich experience in the fields of Inspection, Risk Management, Compliance, Customer Service and Anti Money Laundering. She has served as the Principal Officer of Indian Overseas Bank in her capacity as the Head of Operation Department of the Bank. She had been on the Boards of CORDEX, a company formed under the auspice of IBA, and Universal Sompo General Insurance Co. Limited.
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Mr. A. V. Rammurty
-Independent Director
(DIN: 00050455)
Mr. Annavarapu Venkat Rammurty during his illustrious career with IDBI Bank Ltd. has headed various functions of the Bank such as Research & Planning and Market Research Dept, Corporate Debt Restructuring (CDR) Cell, Risk Management Dept and the Corporate Strategy & Planning Dept. He has served as the Banks’ nominee Director on the Boards of various Companies. He has been an Independent Director on the Board of Man Industries (India) Ltd.
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Mr. Arvind Kumar Jain
-Independent Director
(DIN: 07911109)

Mr. Arvind Kumar Jain has more than four decadesofexperience in the Banking sector. He superannuated as Executive DirectorofPunjab & Sind Bank. He has the rich experience in the field ofIntegratedTreasury, Large & Mid Corporate Credit, Merchant Banking andInvestorrelations.


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Mr. Dilip Kumar Mandal
-Managing Director & Chief Executive Officer
(DIN: 03313130)
Mr. Dilip Kumar Mandal is the Managing Director and Chief Executive Officer of IDBI Asset Management Ltd. Mr. Mandal has over three decades of experience in various fields of financial services viz. venture capital financing, project finance, credit appraisal and monitoring, NPA resolution, loan syndications, retail banking among others. Immediately prior to joining IDBI Asset Management Ltd, Mr. Mandal was Chief General Manager & Zonal Head of Retail Banking Group, IDBI Bank Ltd., covering the states of Odisha, Chattisgarh & Jharkhand and based at Bhubaneswar.
Management Team
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Mr. Dilip Kumar Mandal
-Managing Director & Chief Executive Officer (CEO)
(DIN: 03313130)
Mr. Dilip Kumar Mandal is the Managing Director and Chief Executive Officer of IDBI Asset Management Ltd. Mr. Mandal has over three decades of experience in various fields of financial services viz. venture capital financing, project finance, credit appraisal and monitoring, NPA resolution, loan syndications, retail banking among others. Immediately prior to joining IDBI Asset Management Ltd, Mr. Mandal was Chief General Manager & Zonal Head of Retail Banking Group, IDBI Bank Ltd., covering the states of Odisha, Chattisgarh & Jharkhand and based at Bhubaneswar.
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Mr. Amit Radheshyam Bhavsar
-Chief Operating Officer (COO) and Chief Financial Officer (CFO)

Mr. Amit Radheshyam Bhavsar has experience around 20 years in the financial services covering Asset Management, Life Insurance, Banking, and Treasury Operations. He has handled various functions that include Finance, Accounts, Audit, Treasury, Operations, Banking, Taxation, Risk, HR, Admin, Product, Equity and Debt Market segment and General Management. Prior to joining IDBI Asset Management Limited, he was associated with SBI Funds Management Pvt. Ltd. for around 7 years. He has also been associated with LIC Mutual Fund, SBI Life Insurance Co. Ltd. and Corporation Bank. Mr. Amit Radheshyam Bhavsar is a graduate in Commerce, LLB, CAIIB, CFP  and qualified Fellow Chartered Accountant. He is also a Charter holder of the CFA (ICFAI).

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Mr. Rajender Kumar
-Head-Compliance & Risk Management

Mr. Rajender Kumar has around 30 years of rich experience in the Mutual Fund industry. He is B.Com (Hons), LLB , MBA and CAIIB. Prior to joining IDBI Mutual Fund, he was the National Head (Operations) at Softage Information & technology, Zonal Head - Institutional sales at Edelweiss MF and Vice President with UTI mutual fund. Further he had handled various fields of Accounts , operations , Legal and Marketing.

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Mr. Ajit Joshi
-Company Secretary
(Membership No.: ACS: 22359)
Mr. Ajit Joshi is an Associate Member (ACS: 22359) of Institute of Company Secretaries of India (ICSI). He has more than 10 years of experience in managing Corporate Secretarial, Governance & Compliance. Prior to joining IDBI Asset Management Limited he has worked with Aryaman Financial Services Ltd. and SBICAP Trustee company Ltd. 
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Mr. Raju Sharma
-Head Fixed Income and Fund Manager
Mr. Raju Sharma has 25 years of experience in financial services industry encompassing fund management, debt capital markets and treasury. Prior to joining IDBI Mutual Fund, he has worked with Tata Mutual Fund, India bulls Mutual Fund, JM Morgan Stanley, and DHFL. He manages IDBI Liquid Fund, IDBI Dynamic Bond Fund, IDBI Gilt Fund, IDBI Equity Savings Fund (Debt Portion) & IDBI Hybrid Equity Fund (Debt Portion).
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Mrs. Uma Venkatraman
-Fund Manager – Equity
Mrs. Uma Venkatraman has 15 years of experience in the financial services industry, with a focus on equities. Prior to becoming a fund manager, she was heading the Research function in IDBI Mutual Fund. Prior to joining IDBI Mutual Fund, she had worked with B&K Securities, ASK Raymond James, Morgan Keegan and UTI Mutual Fund. She Manages IDBI Equity Advantage Fund, IDBI Diversified Equity Fund, IDBI Healthcare Fund, IDBI Dividend Yield Fund,IDBI Banking & Financial Services Fund, IDBI Long Term Value Fund, IDBI Focused 30 Equity Fund, IDBI Smallcap Fund, IDBI Midcap Fund, IDBI India Top 100 Equity Fund, IDBI Hybrid Equity Fund (Equity Portion) & IDBI Equity Savings Fund (Equity Portion).
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Mr. Bhupesh Kalyani
-Fund Manager – Fixed Income

Mr. Bhupesh Kalyani has around 16 years of work experience of which 12 years has been into fixed income fund management and dealing. Prior to joining IDBI Mutual Fund his major associations has been with LIC Mutual Fund, TATA Mutual Fund and Star Union Dai-ichi Life Insurance Co. Ltd. He manages IDBI Ultra Short Term Fund, IDBI Short Term Bond Fund & IDBI Credit Risk Fund.

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Mr. Firdaus Marazban Ragina
-Fund Manager-Equity
Mr.Firdaus Marazban Ragina has 20 years of work experience in financial service industry, with core focus on equities.  His earlier associations were with IL&FS Broking Services, Avendus Securities, IL&FS Investsmart, UTI Securities and RefcoSify Securities. Currently he is managing IDBI Nifty Index Fund, IDBI Nifty Junior Index Fund, IDBI Gold Fund & IDBI Gold Exchange Traded Fund.
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Ms. Ayushi Sethia
-Co-Fund Manager-Equity

Ms. Ayushi Sethia has over two years of experience in equityresearch. She graduated with B.Sc. (Hons.) in Mathematics from JadvapurUniversity, followed by an MBA from Indian School of Business. She is currentlyco-managing IDBI Equity Advantage Fund, IDBI Banking & Financial ServicesFund and IDBI Long Term Value Fund.


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Mr. S. V. Durga Prasad
-Investor Relations Officer
Mr. S. V. Durga Prasad has over 24 years of total experience, out of which 19 years have been in the Mutual Fund industry in the fields of Investor & Distributor Services, Banking operations and Unit Admin. Prior to the current assignment, he was with Edelweiss Asset Management Ltd and had handled Investor & Distributor Services.
Our Service Providers
Statutory Auditors
M/s. Ray and Ray,
Chartered Accountants (ICAI Membership No.301072E)
305, Eastern Court, C-Wing, Tejpal Road,
Vile Parle (E), Mumbai - 400 057.