IDFC Mutual Fund has appointed Nemish Sheth as the Associate Vice President – Fund Management – Equity. Sheth will be part of the team managing IDFC Arbitrage Fund – Equity portion, IDFC Equity Savings Fund – Equity portion, IDFC Sensex ETF and IDFC Nifty ETF. He brings with him over 12 years of experience in the equity, arbitrage and passive funds.
In a press release, Anoop Bhaskar, Head – Equity, IDFC AMC said, “Nemish is a valuable addition to our team, as we look to strengthen our arbitrage and ETF portfolio further.”
IDFC MF has also appointed Vivek Shetty as Vice President – Digital Marketing. Shetty will focus on expanding the digital footprint of the fund house. He brings with him an experience of over 10 years in digital marketing across customer acquisition, cross-sell & up-sell and media planning.
IDFC MF manages assets of Rs.1.27 lakh crore as on October 2021.