L&T Mutual Fund has elevated Soumendra Nath Lahiri to the position of CIO. He was the head of equity earlier.
So far, L&T Mutual Fund has not had a CIO position. Though the news is confirmed, the fund house is awaiting SEBI approval to make an official announcement.
Lahiri holds a Post Graduate Diploma in Management from IIM Bangalore and an engineering degree as well. He has 24 years of experience of which 20 years of experience is in equity investments and research.
Lahiri was appointed as the head of equity at L&T Mutual Fund in September 2012. Prior to this, he was head of equity at Canara Robeco Mutual Fund. He was the Chief Investment Officer - PMS at Emkay Investment Managers Ltd (January2011 to March, 2011), Chief Investment Officer at Fortuna Capital (May, 2008 to December, 2010) and was also Co-Head - Equities with DSP Black Rock Investment Managers (June, 2004 to March, 2008).
L&T MF manages AUM of Rs.22,213 crore as on June 2015.
