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Mahindra Mutual Fund named V Balasubramaniam as securities strategist, a press release from the fund house.
Before joining Mahindra Mutual Fund, Balasubramaniam was Chief Investment Officer at IDBI Mutual Fund. As a strategic leader for all equity activities, Balasubramaniam will also manage some of the funds on a practical basis.
The fund house also named Srinivasan Ramamurthy as a fund manager. He has also been badociated with the IDBI group where he has managed equity and hybrid strategies.
Mahindra Mutual Fund also integrated Clyton Fernandes as a research badyst in the portfolio management team. He was previously with BOB Capital Markets as a specialist in banking and financial services. As of June 30, the badets under management of Mahindra Mutual Fund amounted to R $ 3,961 crore spread over six plans. The Fund House is a wholly owned subsidiary of Mahindra and Mahindra Financial Services Ltd.
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