Quant Mutual Fund, owned by Sandeep Tandon, has bolstered its senior management by hiring seven new leaders, including a CEO, over the past nine months. This marks a shift from its owner-driven, low-cost model to a more institutionalized approach, aligning with industry standards.
The company remains committed to delivering superior risk-adjusted returns to investors, supported by its dynamic money management style.
“As we move ahead, we will continue expanding our teams and capabilities. Our focus will be on strengthening our infrastructure and growing our team,” the company stated.
Recent Key Appointments:
(1) Shashi Kataria: Appointed CFO & Director, bringing 20 years of experience from PPFAS AMC.
(2) Usha Lakshmi Raman: New Chief Compliance Officer (CCO) with 30+ years of experience at SBI AMC and JPMorgan.
(3) Sudha Biju: Now Head of Investor Services, with two decades of experience at HDFC AMC and HSBC Asset Management.
(4) Prem Prakash Dubey: Head of Operations, with 19 years of expertise from PPFAS AMC and DSP Mutual Fund.
(5) Yogesh Kuwad: Engaged as a consultant for process reviews.
(6) Sameer Kate: Appointed as a proposed money manager.
New CEO: An executive with regional and global expertise is expected to join by April 2025.
Quant Mutual Fund aims to position itself as a trusted wealth manager for Indian households, helping them achieve financial security and prosperity. “We sincerely thank you for your continued support in this journey,” the fund mentioned in its December factsheet.
Preparing for Growth Amid Regulatory Scrutiny
The leadership restructuring comes as Quant Mutual Fund’s expanding portfolio has drawn regulatory attention. SEBI conducted a search-and-seizure operation at the fund in June, emphasizing the importance of robust governance. No further actions followed the inspection.
With these changes, Quant is aligning itself with regulatory expectations and preparing for its next phase of growth.
About Quant Mutual Fund
Founded by Sandeep Tandon, the fund secured its mutual fund license from SEBI in 2017. It has emerged as India’s fastest-growing mutual fund, with assets skyrocketing from ₹100 crore in 2019 to over ₹1 lakh crore today.
