Quant Mutual Fund expands senior management, appoints new CEO and 6 other key appointments in past 9 months

Quant Mutual Fund has expanded its senior management team by appointing seven new executives, including a new CEO, over the past nine months. The fund house emphasized its commitment to delivering superior risk-adjusted returns for its investors, supported by a dynamic approach to money management.

“Our endeavour remains to continue generating superior risk-adjusted returns for our investors, backed by our dynamic style of money management. As we move forward, we will invest further in expanding our teams and capabilities. We shall devote ourselves to further fortification of our infrastructure and investment in the expansion of our team,” said the fund house.

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In the last nine months, the fund house has expanded its senior management team by hiring the following:

Shashi Kataria: Appointed as CFO & Director. He joins from PPFAS AMC.

Usha Lakshmi Raman: Appointed as CCO (Chief Compliance Officer) and Head of Internal Controls. She has held leadership roles at SBI AMC as Head of Internal Audit and at JPMorgan, where she was responsible for Custody Securities Operations and Risk Management.

Sudha Biju: Appointed as Head of Investor Services. She previously worked with HDFC AMC and HSBC Asset Management.

Premprakash Dubey: Appointed as Head of Operations. He previously worked with PPFAS AMC as Chief Manager – Operations, handling NAV, trade operations, banking operations, and reporting. He has also worked with DSP Mutual Fund.

Yogesh Kuwad: Appointed as a Professional Consultant. Prior to joining, he worked at HDFC AMC.

Sameer Kate: Appointment proposed as a money manager. Before joining Quant Mutual Fund, Sameer worked at Investec Capital and Kotak Securities.

The fund house has also appointed a new CEO, who brings strong regional and global experience, and is expected to join by April 2025.

The fund house aims to establish itself as a trusted wealth manager for the many, guiding an ever-growing number of Indian households toward a more secure and prosperous financial future.

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“Our aim is to establish ourselves as a trusted wealth manager for the many, guiding an ever-growing number of Indian households toward a more secure and prosperous financial future. To you, the discerning investor, we extend our heartfelt gratitude for being an essential part of our endeavors,” said the fund house.

Commenting on the current market scenario, the fund house stated that the market has the potential to recover and gradually rally from this point onward. They believe the timing is right to adopt a constructive outlook on the markets and selectively build positions in segments with the potential for a faster recovery.

“As we prepare to close out 2024, we reflect on being early in calling out the correction, and we are now starting to see early signs of a revival. We believe the market has the potential to recover and gradually rally from this point onward. Sentiment has become negative, and many segments have fallen into neglected or ‘hated’ territory. From our perspective at Quant Mutual Fund, the timing is right to adopt a constructive view on the markets and selectively build positions in segments that have the potential for a faster recovery,” the fund house stated in its monthly factsheet.

Sandeep Tandon-led Quant Mutual Fund had an AUM of Rs 96,791 crore as of October 2024 and manages 27 mutual fund schemes.