The Indian mutual fund industry may be facing its worst top-level churn ever. DSP BlackRock Investment Managers may be on the verge of losing Anup Maheshwari, currently the Chief Investment Officer (CIO) equities at the fund house. Business Standard was the first to report that Maheshwari had put in his papers. Maheshwari, formerly the head of equities and corporate strategy, has been with DSP BlackRock for more than two decades.
Maheshwari is not alone. Gopal Agrawal, who recently joined Tata MF as CIO of equities, and Ravi Gopalakrishnan, head of equities at Canara Robeco Asset Management have also put in their papers. Ritesh Jain, CIO at BNP Paribas Asset Management may also be on his way out. Dhiraj Sachdev, VP and senior fund manager at HSBC Asset Management has also quit.
