Women fund managers oversee nearly Rs 3.41 lakh crore of property. That’s about 15 percent of the Indian Mutual Fund Industry Assets below Management.
But then, the hard reality hits you on your face. Though their tribe is growing, they form a minuscule eight consistent with a cent of the pie.
In that sense, the Morningstar file brings many aspects to the fore. We ruined it for you.
There are 29 female fund managers who manage the budget either as number one or secondary managers or have oversight as heads of fairness or debt. This is an improvement from the suggested 24 female managers last year and 18 in the 12 months before.
Women represent a meager 8% of the full fund managers across fund houses. In percentage terms, the property treated via women fund managers was 15% of the general enterprise for both open and near-ended cumulatively, totaling approx. Rs three.Forty-one lakh crores, up approximately 11% from the closing year.
From the belongings controlled through girls fund managers, fifty-two % of the AUM outperformed the benchmark/peer organization average over one 12-month foundation, 55% over a 3-year foundation, and fifty-six % over a 5-year foundation, out of the entire budget managed by way of women, approx. Seventy-four % of those assets were debt finances, and 26% have been equity.
Some of the women fund managers championing the purpose of gender diversification are
* Lakshmi Iyer – CIO (Debt) and Head of Products at Kotak Mahindra Asset Management Co. Ltd
* Bekxy Kuriakose – Head- Fixed Income at Principal PNB Asset Management Co Pvt Ltd
* Sunaina Da Cunha – Fund Manager at Aditya Birla Sun Life Asset Management Co. Lt
* Anju Chhajer– Senior Fund Manager at Reliance Nippon Life Asset Management.
The other names that jewelry a bell right away from the Equity facet
* Roshi Jain – Vice President and Fund Manager (Equities) at Franklin Templeton Asset Mgmt (IND) Pvt Ltd,
* Sohini Andani – Fund Manager at SBI Funds Management Private Limited
* Swati Kulkarni – Executive Vice President and Fund Manager (Equities) at UTI Asset Management Company Ltd.Mansi Sajeja: She is co-dealing with SBI Credit Fund and Lokesh Mallya. For nearly a decade, Mansi has been with SBIFM, becoming a member as a credit score analyst, returned in 2009, and now has been given the reigns to co-control the fund since early 2017.
* Hetal Shah—Hetal is one of the key employees at Baroda Pioneer Mutual Fund, where she manages more than one budget across diverse constant profit categories.
* Snigdha Sharma- Snigdha is one of the few girls fund managers who’ve been bestowed the mission of managing equity funds. Snigdha co-manages three fairness finances throughout Dynamic Asset Allocation, ELSS, and Multicap area for Motilal Oswal AMC.
* Meenakshi Dawar—With over ten years of experience, Meenakshi started out managing the Reliance Value fund in mid-2018, which now has property over Rs 3000 Crs.
