Mumbai, 31st July 2017: Motilal Oswal Asset Management Company (MOAMC)has appointed Mr. Akash Singhania as Sr. Vice President &Fund Manager for their Scheme, Motilal Oswal MOSt Focused Midcap 30 Fund. Mr. Singhania has joined MOAMC with effect from July 31, 2017. At MOAMC, he will be working as a part of the equity mutual fund management team along with Mr. Aashish Somaiyaa, MD & CEO – MOAMC.
Akash brings with him over 16 years of overall experience. Prior to joining MOAMC, he was associated with DHFL Pramerica AMC as Deputy CIO Equities, Deutsche AMC – DWS Mutual Fund as Head of Equities & ICICI Prudential AMC as Senior Analyst – PMS. In addition, he also held important roles in organizations like Ernst & Young, KPMG and PWC in his formative years.
Mr. Singhania has completed his PGDM (MBA) Finance & Marketing from IIM Lucknow, Chartered Accountancy in Accounting & Auditing from ICAI in 2001 & he is a qualified Company Secretary – Corporate Laws & Taxation from ICSI – 2001.
About Motilal Oswal Asset Management Company:
Motilal Oswal Asset Management Company (MOAMC) is registered with SEBI as Investment Manager to Motilal Oswal Mutual Fund. MOAMC is a 100% subsidiary of Motilal Oswal Securities Limited. It provides Investment Management and Advisory Services to investors based within and outside India and manages assets worth (AUM) over Rs. 12024.5 crores under Portfolio Management Services, Rs. 11,275.70 crores under* Mutual Funds and Rs. 873.54 crores under Alternative Investment Funds.
MOAMC is one of the fastest growing Asset Management Companies in India with a unique investment philosophy, ‘Buy Right; Sit Tight’ which means buying high quality high growth companies at a reasonable price and holding on through their entire growth cycle.
*Data as on June 30, 2017. For regulatory disclosure related to AUM, please refer the enclosed annexure.
Mutual Fund Investments are subject to market risks, read all scheme related documents carefully. Investment in Securities is subject to market and other risks and there is no assurance or guarantee that the objectives of any of the Schemes of Alternative Investment Funds and Strategies of Portfolio Management Services will be achieved.