SEBI has reconstituted its Mutual Fund Advisory Committee (MFAC), which will continue to be headed by former RBI Deputy Governor Usha Thorat.
Among the key additions is Chairman of NJ India Invest Neeraj Choksi. He is the sole representative of the MFD community in the 24-member panel.
Choksi has previously been a part of committee from 2011 to 2017.
Speaking to Cafemutual, Choksi said he looks forward to working with the committee again. "We will work in the best interest of the investors, which is the primary objective of the committee. We will also look into issues of the MFD community," he said.
The strength of the panel has gone up to 24 from 20 and as many as 17 new faces have joined the committee.
Other new additions to the team include Prathit D Bhobe of Tata MF, Saurabh Jain of Navi MF, Saurabh Nanavati of Invesco MF, Sunil Subramaniam of Sundaram MF, Swarup Mohanty of Mirae Asset MF, Vinay Tonse of SBI MF among others.
They will replace Kailash Kulkarni of L&T MF, Nilesh Shah of Kotak MF, Monika Halan of Mint Money, Nitin Vyakaranam of ArthaYantra, Rajnish Narula of Canara Robeco MF among others.
Here's the complete list of members of the reconstituted MFAC:
|
Name |
Organization and Designation |
|
*Usha Thorat |
Ex-Deputy Governor, Reserve Bank of India |
|
Vinay Tonse |
MD & CEO, SBI Funds Management |
|
Prathit D Bhobe |
MD & CEO, Tata Asset Management |
|
Sunil Subramaniam |
MD, Sundaram Asset Management |
|
Saurabh Jain |
MD & CEO, Navi Asset Management |
|
Navin Agarwal |
MD & CEO, Motilal Oswal Asset Management |
|
Saurabh Nanavati |
CEO, Invesco Asset Management (India) |
|
Swarup Mohanty |
CEO, Mirae Asset Investment Managers (India) |
|
*Ashish Chauhan |
MD & CEO, BSE |
|
Vikram Limaye |
MD & CEO, NSE |
|
A Balasubramanian |
Chairman, Association of Mutual Funds in India |
|
*N.S. Venkatesh |
CEO, Association of Mutual Funds in India |
|
*Sunil Gulati |
Independent Trustee, SBI Mutual Fund |
|
Dharmishta Narendraprasad Raval |
Independent Trustee, DSP Mutual Fund |
|
Neeraj Choksi |
Chairman, NJ India Invest |
|
Neeraj Gambhir |
Group Executive (Treasury, Markets & Wholesale Banking), Axis Bank |
|
J Ranganayakulu |
Consultant, Cyril Amarchand Mangaldas |
|
Aarati Krishnan |
Consulting Editor, The Hindu Business Line; Head – Insurance & Investments, Prime Investor Financial Research |
|
Aditya Agarwal |
MD, Morningstar India |
|
*Nilesh Vikamsey |
Ex- President ICAI & Partner, Khimji Kunverji & Co |
|
*Ananth Narayan |
Associate Professor, Finance, SPJIMR (Ex- Head of Global Markets, Standard Chartered) |
|
Manohar Kamath |
Representative, Consumer Guidance Society of India |
|
*Deepak Ranjan |
Deputy Director, Ministry of Finance |
|
Sujit Prasad |
Executive Director, SEBI |
*Members were part of the previous committee as well
