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Thursday, July 31, 2014

Mirae Asset Mutual Fund Announces Change In Fund Managers

With effect from 01 August 2014

Mirae Asset Mutual Fund has announced the following change in the fund managers of the equity schemes, with effect from 01 August 2014. 

Accordingly, Sumit Agarwal shall cease to be the Fund Manager (Overseas Investments) for Mirae Asset Global Commodity Stocks Fund, Mirae Asset China Advantage Fund and Mirae Asset China Consumption Fund. 

Gopal Agarwal shall cease to be the Co-Fund Manager (Overseas Investments) for Mirae Asset India Opportunities Fund and Mirae Asset China Consumption Fund. However, he shall continue to be the Co-Fund Manager for Mirae Asset Global Commodity Stocks Fund and continues to be Chief Investment Officer (CIO) of the AMC. 

Further, Sumit Agarwal has been appointed as the Co-Fund Manager for Mirae Asset India Opportunities Fund and Mirae Asset India China Consumption Fund (Domestic Portion).
Bharti Sawant, Research Analyst has been appointed as the Associate Fund Manager and has also been designated as the key personnel of the AMC. Accordingly, Sawant shall be the fund manager for Mirae Asset China Advantage Fund and associate fund manager for Mirae Asset Global Commodity Stocks Fund and Mirae Asset China Consumption Fund (dedicated fund manager for Overseas Investments). She is aged 27 years and holds M.S. Finance (ICFAI, Hyderabad), CFA, B.Com as her educational qualification. 

The fund managers of the schemes as below: 

Mirae Asset India Opportunities Fund - Neelesh Sharma and Sumit Agarwal. 

Mirae Asset Global Commodity Stocks Fund - Gopal Agarwal (Domestic portion) and Bharti Sawant (Overseas portion). 

Mirae Asset China Advantage Fund - Bharti Sawant. 

Mirae Asset China Consumption Fund - Neelesh Surana & Sumit Agarwal (Domestic portion) and Bharti Sawant (Overseas portion).
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