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  • MF News CAMS and KFinTech representatives now part of SEBI MFAC committee

    CAMS and KFinTech representatives now part of SEBI MFAC committee

    Also, SEBI has increased the total numbers of MFAC members to 25.
    Team Cafemutual Jun 7, 2022

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    SEBI has reconstituted its mutual fund advisory committee (MFAC) in which it has inducted three new members.

    With this, both RTAs – CAMS and KFinTech have now become part of MFAC committee along with one executive director of SEBI.

    The three new members are Anuj Kumar, Managing Director, CAMS, Manoj Kumar, Executive Director, SEBI and Sreekanth Nadella, Whole Time Director and CEO, KFin Technologies.

    The new members have replaced two members - Saurabh Jain, MD and CEO, Navi MF and Sunil Prasad, Executive Director, SEBI. Also, SEBI has increased the total number of members from 24 to 25.

    Usha Thorat, former RBI Deputy Governor will continue to head MFAC.

    Here is the complete list of MFAC members:

    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
    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
    Anuj Kumar MD, CAMS
    Sreekanth Nadella Whole Time Director and CEO, KFin Technologies
    Manoj Kumar Executive Director, SEBI
    Have a query or a doubt?
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    5 Comments
    ARN · 2 years ago `
    NO REPRESENTATION OF PURE MFD IN ADVISORY COMMITEE
    Mutual fund Bazaar · 2 years ago
    Right
    Prashant · 2 years ago
    How can they have any MFD in this committee as theynwant to remove us completely from this business? And MFDs are also divided and don't want to fight.
    Reply
    Sachin J Sangle · 2 years ago `
    No one representing MFD / RIA
    praveen gupta · 2 years ago `
    way not require mfd /ria fo his problem and betterment of investor those direct connected with them
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