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Airawat Indices has appointed Debasish Mohanty as its CEO.
A veteran with three decades of experience, Mohanty was formerly the President and Sales Head at UTI MF. Recently, he had a combined stint of around two years as advisor to L&T AMC and HSBC AMC.
Promoted by ex-SEBI chief M Damodaran, Airawat Indices is an index provider that focusses on corporate governance among other things. The company has created its first thematic index ATOM (Airawat Touchstone Midcap Index) having an overlay of corporate governance factors on financial parameters, designed to serve investors seeking investment in well governed mid-cap companies.
In a press release, Debasish Mohanty, CEO, Airawat Indices said, “Product suitability, innovation and transparency in passive sector will drive the growth in this phase.
The investors stand to benefit from the choice of new indices that will explore greater predictability of higher relative potential return from the blue ocean of passive industry.
