Vinay Sharma, known to be the star fund manager at ICICI Prudential Asset Management Company, will soon be joining Reliance Mutual Fund, senior officials said.
He is managing ICICI Prudential Banking & Financial Services Fund with monthly assets to the tune of over Rs 2,800 crore.
It is speculated that he may take the charge of managing Reliance Banking Fund along with other funds. Prior to that, Manish Gunwani, who was managing assets worth more than Rs 40,000 crore at ICICI Prudential Mutual Fund, joined as chief investment officer for equities at Reliance Mutual Fund last year.