​​​​​​SBIMF - OUR PEOPLE

Shri Ashwani Bhatia

Managing Director & Chief Executive Officer

Mr. Ashwani Bhatia is an Officer in the rank of Chief General Manager of State Bank of India (SBI) and is on deputation to SBI Funds Management Private Limited since July 09, 2018.

Mr. Bhatia started his career with SBI in 1985 as Probationary Officer. Over a period of 33 years with SBI, he has traversed through various functions and assignments. Before joining SBI Funds Management Private Limited, his last assignment was Chief General Manager (Officer on Special Duty), Corporate Centre in SBI, Mumbai (February 2018– July 2018), where he was responsible for revamping of Credit Structure and processes of the Bank.

• • SBI Capital Markets Limited, President & COO & Whole time Director, Mumbai (November 2015 to February 2018)
• • State Bank of India, Chief General Manager- SME, Mumbai (August 2015 to November 2015)
• • State Bank of India, General Manager, Heading Retail operations in Punjab & Chandigarh, (May 2014 to August 2015)
• • State Bank of India, General Manager, Heading retail operations of Haryana, HP and Jammu & Kashmir (October 2012 to May 2014)
• • State Bank of India, Deputy General Manager, Heading Commercial Branch at Chandigarh (August 2011 to September 2012)
• • State Bank of India, Deputy General Manager, Head of Forex Treasury, Mumbai (April 2011 to August 2011)
• • State Bank of India, Deputy General Manager, Heading the Interest Rates Desk in Treasury, Mumbai (September 2008 to March 2011)
• • State Bank of India, Assistant General Manager, Chief Dealer – Equities in the Treasury Department, Mumbai (July 2003 to September 2008)

Mr. Nicolas Simon

Deputy CEO

Nicolas Simon has been deputed from Amundi Group as Deputy Chief Executive Officer of SBI Funds Management Private Limited w.e.f from November 1, 2015. Prior to joining SBI FM, Nicolas worked as CEO for Amundi Real Estate and CAAM Real Estate (2006 - 2015). Previously, he was associated with Henderson Global Investors as Head of Property, France (2003 - 2005) and with Generali Real Estate as CIO (1996 - 2002). He brings with him over 25 years of rich experience in Financial Services. He holds a post graduation in Law from Paris Pantheon-Assas University and Masters in Business Administration (MBA) from Toulouse Business School.

Mr. Binod Kumar Mishra

Chief Operating Officer

Mr. Mishra is an Officer in the rank of Deputy General Manager of SBI and is on deputation to SBIFMPL as Chief Operating Officer. Mr. Mishra started his career with State Bank of India (SBI) in 1990 as probationary officer.

During his career in SBI, he has held several important positions in SBI and group companies. The assignments held by him in the last 10 years are as under:

• • Deputy General Manager (Funds Management), SBI Global Markets Unit, Kolkata (August 2015 to November 2017)
• •​ Regional Manager, SBI Aurangabad (July 2014 to July 2015)
• • Executive Secretary to Chief General Manager - International Banking Group, SBI, Corporate Center, Mumbai (February 2012 to July 2014)
• • Chief Financial Officer, Nepal State Bank Ltd. (Janaury 2008 to December 2011)
• • Chief Manager - Commercial Banking Division, SBI, Industrial Finance Branch, Aurangabad (April 2004 to Janaury 2008)

Mr. Navneet Munot

Executive Director & Chief Investment Officer

Navneet Munot joined SBI Funds Management as Chief Investment Officer in December 2008. He has over 24 years of rich experience in Financial Markets. In his role, Navneet is responsible for overseeing investments worth over USD 40 billion across various asset classes in mutual fund and segregated accounts. In his previous assignment, he was the Executive Director & Head – multi –strategy boutique with Morgan Stanley Investment Management.

Prior to joining Morgan Stanley Investment Management, he has worked as Chief Investment Officer – Fixed Income and Hybrid Funds at Birla Sun Life Mutual Fund and worked in various areas such as fixed income, equities and foreign exchange.

Navneet is on the board of Indian association of Investment Professional (India society of CFA charter holders with over 2000 members). His articles on matters related to financial markets have widely been published.

Navneet is a postgraduate in Accountancy and Business Statistics and a qualified Chartered Accountant. He is also a Charter Holder of the CFA Institute and CAIA Institute. He has also done FRM.

Mr. R. S. Srinivas Jain

Executive Director & Chief Marketing Officer (Strategy and International Business)

Srinivas Jain has an experience of over 21 years in the Financial Services industry, with over 14 years in Asset management companies apart from Broking and Investment Advisory companies, he has been associate with SBI Funds Management since 2001. He is currently Executive Director & Chief Marketing Officer (Strategy & International Business) at SBI Funds Management Pvt Ltd He was instrumental in SBI Mutual Fund being awarded as the most preferred Mutual Fund for 2 years in a row from CNBC Awaaz, No. 1 brand in the mutual fund space by AC Neilsen in the survey – ‘Winning Brands’ in terms of consumer preference – equity, saliency, ratios and imagery & Gold Award by Readers Digest as Trusted Brand 2011 in the Investment Management Category. He is a Commerce Graduate from Bangalore University with a Cost Accounting background.

Ms. Aparna Nirgude

Executive Director & Chief Risk Officer

Aparna has rich experience of over 22 years with SBI Mutual Fund and has been heading the Risk function since 2005. Prior to this, she has handled various responsibilities within Investment Management and Research. Before taking charge as Chief Risk Officer, she headed the Research function in SBI Mutual Fund. Aparna holds a degree in Management from the prestigious Jamnalal Bajaj Institute of Management Studies.

Ms. Vinaya Datar

Head – Compliance & Company Secretary

Ms. Vinaya Datar has overall experience of more than 20 years, including over 13 years in the field of financial services. She has extensively worked in the areas of Compliance, Secretarial, and Legal. Prior to this assignment, she was Assistant Vice President - Compliance with Mirae Asset Global Investments (India) Pvt. Ltd. Ms. Datar has also been previously associated with Reliance Capital Asset Management Ltd, IL&FS Limited and UTI Infrastructure & Services Limited. Ms. Datar is a Science and law graduate and a member of Institute of Company Secretaries of India.

Mr. Rahul Mayor

Investor Relations Officer

Mr. Mayor is a PGDBM – Finance and joined SBI Funds Management Private Limited (SBIFMPL) in May 2017 as AVP – Partner Engagement. Mr. Mayor has rich experience of more than 19 years in areas like partner engagement, investor relations, customer service, analytics and distributor value proposition.

During his career, he has held several important positions. The assignments held by him in the last 10 years are as under:

Head - Customer Service and Distributor Experience - Sundaram Asset Management Company Limited (November 2011 to July 2016);

National Head - Customer Service - Franklin Templeton Asset Management (India) Pvt. Ltd. (October 2006 to November 2011).

Mr. Navneet Munot, CFA

Executive Director & Chief Investment Officer

Navneet Munot joined SBI Funds Management as Chief Investment Officer in December 2008. He has over 24 years of rich experience in Financial Markets. In his role, Navneet is responsible for overseeing investments worth over USD 40 billion across various asset classes in mutual fund and segregated accounts. In his previous assignment, he was the Executive Director & Head – multi –strategy boutique with Morgan Stanley Investment Management.

Prior to joining Morgan Stanley Investment Management, he has worked as Chief Investment Officer – Fixed Income and Hybrid Funds at Birla Sun Life Mutual Fund and worked in various areas such as fixed income, equities and foreign exchange.

Navneet is on the board of Indian association of Investment Professional (India society of CFA charter holders with over 2000 members). His articles on matters related to financial markets have widely been published.

Navneet is a postgraduate in Accountancy and Business Statistics and a qualified Chartered Accountant. He is also a Charter Holder of the CFA Institute and CAIA Institute. He has also done FRM.

Mr. R Srinivasan

Head of Equity

R Srinivasan joined SBI Funds Management as a Senior Fund Manager in May 2009; he is now the Head of Equity and also directly manages a number of funds. He has an experience of more than 25 years in equities having worked with Future Capital Holding, Principal PNB, Oppenheimer & Co (later Blackstone), Indosuez WI Carr and Motilal Oswal, among others. Srinivasan is a post graduate in Commerce and has an MFM degree from the University of Mumbai.

Ms. Sohini Andani

Fund Manager

Sohini joined SBIFM as Head of Research in 2007 and was subsequently promoted as a portfolio manager in 2010. Prior to joining SBIFM, Sohini was a senior research analyst at ING Investment Management. Sohini has over.11 years of experience in research on the sell side. Her previous assignments were with leading broking outfits such as ASK Raymond James, LKP Shares and Securities, Advani Share Brokers and KR Choksey Shares and Securities. Sohini is a Commerce graduate from Mumbai University and a Chartered Accountant from ICAI.

Mr. Richard D'Souza

Fund Manager

Mr. Richard D'Souza

Richard currently manages thematic funds at SBIMF. He joined SBIFM in 2010 as Fund Manager for the Retail PMS division. Richard had joined us from ASK Investment Managers where he was the portfolio manager for PMS schemes. Prior to joining ASK, Richard was a sell side analyst with various broking firms such as Antique Shares, Sunidhi Consulting and Alchemy Shares for 17 years. He started his career in 1992 as a research analyst at Ajit Vajani Share Brokers. Richard is a Science graduate from Mumbai University.

Mr. Dinesh Balachandran, CFA

​Fund Manager

Dinesh joined SBI FM in 2012 as a Senior Credit Analyst. He subsequently became Head of Research and is now an equity fund manager. Dinesh started his career with Fidelity in Boston USA in 2001 where as an analyst he covered Structured Finance, and local US fixed income market over 10 years. Dinesh holds a B.Tech degree from IIT, Mumbai and M.S degree from Massachusetts Institute of Technology (MIT). He is also a Charter holder of the CFA Institute, USA.

Mr. Anup Upadhyay, CFA

Head of Research

Anup joined SBIFM in 2007 after completing Post-graduate Diploma in Management from IIM Lucknow. He was set on the learning path of equity market, as an Equity Analyst for the IT Services industry. He got an opportunity to cover Telecom, Media and some Capital Goods stocks also later. He is now contributing as the Head of Research and as the Fund Manager for Equity Opportunities Fund and SBI IT Fund. He worked as a programmer for Tata Consultancy Services for a year after graduating from IIT Kharagpur in 2004. He is also a Charter holder of the CFA Institute, USA, like most analysts in the team.

Ms. Nidhi Chawla

Analyst & Fund Manager

Nidhi joined SBIFM in 2007. Nidhi has completed Bachelor in Business Studies from CBS, Delhi University and holds a Masters’ Degree in Economics from University of Delhi. Nidhi is also a Charter holder of the CFA Institute, USA.

Mr. Saurabh Pant

Analyst & Fund Manager

Saurabh joined SBIFM in 2007 as Research Analyst. Saurabh is a Commerce graduate and holds Masters Degree in Business Economics from University of Delhi.

Mr. Tanmaya Desai

Analyst & Fund Manager

Tanmaya joined SBIFM in 2008. Tanmaya is an Engineering Graduate with specialization in electronics and holds a Master Degree in Finance from Narsee Monjee Institute of Management Studies. He is also a Charter holder of the CFA Institute, USA. Prior to pursuing his Masters, Tanmaya was a Software Engineer at Patni Computer Systems for a year and a lecturer in Electronics Department at D J Sanghvi College of Engineering, Mumbai for two years.

Mr. Ruchit Mehta

Analyst & Fund Manager

Ruchit joined SBIFM in 2010. Ruchit joined us from HSBC Asset Management where he was an analyst and assistant fund manager for four years. Prior to HSBC, Ruchit was as a sell side analyst with leading broking firms like ASK Raymond James and Prabhudas Liladhar for two years. Ruchit is a Commerce graduate from Mumbai University and holds Master’s Degree in finance from Lancaster University, UK. He is also a Charter holder of the CFA Institute, USA.

Mr. Shashank Tulsyan, CFA

Analyst & Fund Manager

Shashank joined SBIFM in 2008. Shashank had joined us from Citicorp Financial where he worked as an analyst for over a year. Shashank holds a Bachelor’s degree in Management Studies from Mumbai University and is a CFA charter holder.

Ms. Kanchan Mahbubani

Quantitative Analyst

Kanchan joined SBIFM as a quantitative analyst in 2010. Prior to joining SBIFM, Kanchan was a database analyst with Deutsche Equities and HSBC Securities. Kanchan began her career as a research analyst with JP Morgan in 2004. Kanchan holds a Bachelor’s degree in Management studies from Mumbai University.

Ms. Namrata Mittal

Economist

Namrata joined SBIFM as an Economist in 2014. Prior to this, she has worked as a consultant at Department of Economic Affairs, Ministry of Finance, India in various capacities. She has also been associated with HSBC where she assisted in tracking South East Asian economies. Namrata holds a Masters Degree in Economics from Delhi School of Economics and Bachelors Degree from Hansraj College, University of Delhi.

Harish Bihani

Equity Analyst​

Harish joined SBI Funds Management as a Senior Analyst in January 2017. He has 10 years of experience in Financial Markets. In his previous assignment, he was the lead Industrials & Infrastructure analyst at Kotak Institutional Equities. Prior to Kotak, has worked with CIMB Securities and RBS Equities, amongst others. Harish has gained several recognition over the past few years- The Wall Street Journal awarded him Asia’s Best Utilities Analyst for 2013 and 2014, Institutional Investor's All-India Research ranking placed him in second position for Capital Goods sector for the years 2015 and 2016 and Asiamoney Brokers Poll ranked him in first position for Industrial sector for the year 2016. He is an MBA from IBS Hyderabad and a B.Com (Hons) from Calcutta University. He has also done an advanced executive program on leadership at IIM Ahmedabad and a program on Behavioral Finance and Value Investing by Prof. Sanjay Bakshi at FLAME Investment Lab.

Suchita Shah

Quantitative Analyst​

Suchita joined SBIFM in 2007. Her last assignment was with Brics Securities Pvt. Ltd as sales cum research analyst .Prior to Brics securities she has worked with Franklin Templeton International services in the Portfolio Analysis & Investment Risk department. Suchita holds a Master’s degree in Statistics from Mumbai University and is a FRM charter holder of Global Association of Risk professionals (GARP).

Sukanya Ghosh

Quantitative Analyst​

Sukanya Ghosh joined SBIFM in 2014. In 2015, she joined the Investment Team as quantitative analyst. Prior to joining SBIFM, she worked with Axis Asset Management Company Ltd, Fortis Investment Management (India) Pvt. Ltd and Birla Sun Life Asset Management Co. Ltd. Sukanya is Commerce graduate from Mumbai University and is a Chartered Accountant from the Institute of Chartered Accountants of India and FRM charter holder from Global Association of Risk professionals, USA (GARP).​

Mr. Raviprakash Sharma, CFA

Head of Equity Dealing & Fund Manager

Raviprakash joined SBIFM in 2011. He has over 17 years of experience in Indian capital markets, spanning across Equity & Fixed Income. Raviprakash had joined us from HDFC Asset Management where he was part of the portfolio management team for almost four years. Prior to that, he was a financial advisor at Citigroup Wealth Advisors, India. Raviprakash has also worked with Kotak Securities, a leading securities brokerage house in India, where he was a part of the Equity Dealing platform. He started his career in 1999 with Birla Sun Life Securities.

Raviprakash is a Commerce graduate from Mumbai University and a Chartered Accountant from ICAI. He is also a Charter holder of the CFA Institute, USA.

Mr. Neeraj Kumar

Equity Dealer& Fund Manager

Neeraj joined SBIFM in 2006 as an Equity Dealer. Prior to joining SBIFM Neeraj was associated with Life Insurance Corporation of India (LIC) for 10 years. He started his career as an assistant administration officer in finance and accounts department of LIC. Thereafter he worked as an equity analyst for five years and subsequently as a dealer for three years.

Neeraj is a Commerce graduate from Magadh University and Chartered Accountant from ICAI.​

Mr. Rajeev Radhakrishnan, CFA

Head of Fixed Income & Fund Manager

Rajeev joined SBIFM as a fixed income portfolio manager in 2008. He currently heads the Fixed Income desk at the AMC. Prior to joining SBIFM, Rajeev was Co-Fund Manager for Fixed Income with UTI Asset Management for seven years.

Rajeev is an Engineering graduate and holds a Masters degree in finance from Mumbai University. He is also a charter holder of the CFA Institute, USA

Mr. Dinesh Ahuja

Fund Manager

Dinesh Ahuja joined SBIFM in 2010. Prior to joining SBIFM, Dinesh was a fund manager with L&T Investment Management and Reliance Group for four years. Dinesh started his career in 1998 as a fixed income dealer on the sell side. Thereafter he worked in leading broking outfits for eight years before moving on the buy side in 2006.

Dinesh is a Commerce graduate and holds his Masters degree in Finance from Mumbai University.

Mr. R. Arun

Fund Manager

R Arun joined as a credit analyst at SBIFM in 2009 and subsequently became a fund manager for cash funds in April 2012. Prior to joining SBIFM, Arun was a credit analyst with ING Asset Management and Deutsche Bank for two years each. He started his career as a credit analyst with Crisil Ltd. in 2006.

Arun is a commerce graduate from Mumbai University and holds Masters in Finance degree from Mumbai Education Trust. He is also a FRM Charter holder of Global Association of Risk professionals (GARP)

Ms. Mansi Sajeja, CFA

Credit Analyst, Fund Manager

Mansi Sajeja joined SBIFM in 2009. Prior to joining SBIFM Mansi was a senior rating analyst at ICRA Limited (A Moody’s Investors Service Company) for over three years. Mansi holds bachelor’s degree in Financial & Investment analysis from Delhi University and has completed post graduation diploma in Business Management from MDI, Gurgaon. She is also a Charter holder of the CFA Institute, USA.

Mr. Lokesh Mallya, CFA

Credit Analyst

Lokesh Mallya joined SBIFM in 2014. He brings along 9 years of experience in research in the Indian fixed income market and fund management. Prior to joining SBIFM, Mr. Mallya was working with Birla Sunlife Asset Management, Investment Team as fund manager for short term and ultra-short term funds. He is a Charter holder of the CFA Institute, USA and also a FRM charter holder of Global Association of Risk Professionals (GARP).

Mr. Mohit Jain, CFA

Credit Analyst

Mohit Jain joined SBIFM in 2015. Prior to joining SBIFM, Mohit was working as a Senior Research Analyst in CRISIL Limited. He is a graduate in Engineering from Sathyabama University and has completed CFA level III from the CFA Institute, USA.

Ms. Ranjana Gupta

Fixed Income Dealer & Fund Manager​​

Ranjana Gupta joined SBIFM in 2008. Prior to joining SBIFM, Ranjana was heading the broking activities at 21st Century Shares and Securities for 12 years. She started her career as a dealer in 1995 with OTCEI (Over the Counter Exchange of India). Ranjana is a Commerce graduate from Mumbai University.

Mr. Mahak Khabia,FRM,CFA

Dealer & Fund Manager

Mahak Khabia joined SBIFM in May 2014. Prior to joining SBIFM, Mahak was a Trader with STCI Primary Dealer. He has also worked with Edelweiss Capital Ltd and ICAP India Pvt Ltd.

Mahak is a commerce graduate from University of Mumbai and holds a post-graduation in management studies from N.L.Dalmia Institute, Mumbai. He is also a FRM charter holder of Global Association of Risk professionals (GARP) and a Charter holder of the CFA Institute, USA.

Mr. Ravi Ratanpal

Fund Manager, Fixed Income

Ravi has joined SBIFM as a Fund Manager – Fixed Income (PMS) in December 2016. Prior to joining SBIFM Ravi worked with JPMorgan for more than 12 years. In his last assignment, Ravi was the fixed income fund manager at JPMorgan Asset Management India. Ravi started his career with JPMorgan India in 2004 and initially worked in different roles, before he moved to JPMorgan Asset Management India in January 2007 as a Fixed Income Investment Analyst.

Ravi is a commerce graduate from Mumbai University and holds MBA (Finance) Degree from ICFAI University. He is also a FRM Charter holder of Global Association of Risk professionals (GARP)​

Ms. Aparna Shanker

Fund Manager

Aparna joined SBIFM in 2007. Prior to that Aparna was a research analyst with Sahara Asset Management and Birla Global Finance for four years. Aparna started her career in 1989 with UTI Asset Management. She had been associated with the investment and fund management team of UTI for over 11 years.

Aparna is a Science graduate and also a graduate in general law from Mumbai University. She also holds a Master’s degree in Finance and a post graduate diploma in Treasury & Forex Management from ICFAI University.

Mr. Ajit Dange, CFA

Fund Manager& Head of PMS (Domestic)

Ajit is working as a Fund Manager & Head of Domestic PMS since July 2014. Ajit joined SBIFM as a research analyst in 2007 and was subsequently promoted as a fund manager in last quarter of 2010. Prior to joining SBIFM, Ajit was a sell side analyst with leading broking firms such as HDFC Securities and UTI securities for two years. Before that Ajit worked at SICOM Ltd. on various project finance assignments for eight years. Ajit is an engineering graduate with specialization in Metallurgy and holds Masters in Finance degree. He is also a Charter holder of the CFA Institute, USA.

Mr. Rohit Shimpi, CFA

Fund Manager

Rohit has been with SBI Funds Management since 2006. He has been engaged with our International Fund Management since March 2011. Rohit has also been a member of our research team. Before joining SBI funds Management, he worked with Television Eighteen Group as a research analyst for the firm’s flagship financial news channel, CNBC TV18. Prior to that, he was an analyst with JP Morgan’s offshore research centre. Rohit started his career as a management trainee with HDFC Standard Life Insurance.

Rohit is a Commerce graduate from Mumbai University and has completed his Post Graduate Diploma in Business Management (PGDBM) with specialization in Finance from Sydenham Institute of Management Studies. He is also a Charter holder of the CFA Institute, USA.

Mr. Amruth Rao

Fund Manager, Institutional Debt

Amruth joined SBIFM as a portfolio manager in 2008. Prior to joining SBIFM Amruth was a fixed income portfolio manager with Canara Robeco Asset Management for 16 years. Amruth started his career with Canara Bank where he covered all facets of banking for 11 years and was last designated as a Branch Manager. Amruth holds a bachelors degree in Science and general law from Mumbai University. He also holds a masters degree in finance from New Port University.

Mr. Sanjeev Patkar

Portfolio Manager

Sanjeev is the Fund Manager for AIF. Sanjeev joined SBIFM as Head of Research in 2011. He has been tracking the Indian equity markets for over 22 years. Sanjeev started his career as a Rating Analyst with Crisil in 1992. He has also been associated with the Portfolio Management Services of Kotak Securities and ENAM as a core member of their investment team. He has worked on the buy side with reputed asset management companies like GE Capital and Jardine Fleming for eight years. Sanjeev joined SBIFM from Almondz Global Securities where he was the Director–Research for two years. Prior to that, he was Director (Research) at Dolat Capital, a leading broking outfit. In these assignments he was instrumental in identifying multibagger ideas. Sanjeev also has a complementary experience in Corporate Strategy with Welspun Group of 2 years.

Sanjeev is an Engineering graduate with specialization in Electronics from Mumbai University and holds Masters degree in Management Studies (MMS – Marketing) from Jamnalal Bajaj Institute of Management Studies (JBIMS), Mumbai.

Mr. Vishal Saraf, CFA

Analyst

Vishal joined SBIFM in 2007. Prior to joining SBI FM, Vishal was an analyst with Motilal Oswal Securities for three years. Vishal is a Commerce graduate from Nagpur University and a Chartered Accountant from ICAI. He is also a Charter holder of the CFA Institute, USA.​