Amitabh Mohanty, who heads the fixed income team currently at Reliance CapitalAsset Management (RCAM), will assume a bigger responsibility at Reliance Capital as its Head of Debt Strategies
Reliance Mutual Fund today announced
the appointment of Amit Tripathi as the Head of Fixed Income from November 1,
2012. Amit Tripathi is currently the debt fund manager at RCAM.
Amitabh Mohanty will move to Reliance
Capital (RCL) as its Head of Debt Strategies with increased responsibilities
across RCL businesses.
Reliance Capital group companies
manage debt assets of over Rs 1.23 lakh crore, spread across mutual funds, life
insurance, general insurance and EPFO. Reliance AMC alone manages over Rs
50,000 crore in debt assets.
“We are pleased to announce the elevation of Amit Tripathi as the Head of Fixed Income at RCAM. At the age of 28 years. he became one of the youngest debt fund managers at RCAM. He has since been a key member of RCAM’s debt fund management team. Over the last 9 years, Amit has played a crucial role in the growth of RCAM and successfully managed various fixed income funds which have been recognized for superior performance both nationally and internationally” said Mr Sundeep Sikka, CEO, RCAM.