Chirag setalvad linkedin

Chirag Setalvad

HDFC Asset Management Co. Ltd. (Invt Mgmt)

HDFC Asset Management Co. Ltd. (Invt Mgmt)

Investment ManagersFinance

HDFC Asset Management Co. Ltd. (Investment Management) (HDFC AMC-IM) is the fund management division of HDFC Asset Management Co. Ltd. (NSE: HDFCAMC), which is ultimately owned by HDFC Bank Ltd. (NSE: HDFCBANK) in India. The firm was founded in 1999 as a joint venture between HDFC and Standard Life Investments Ltd. Headquartered in Mumbai, HDFC AMC-IM manages the HDFC Mutual Fund and provides portfolio management and advisory services for institutional investors and private individuals.

Head-Equity Investments 2022-06-30

Meet Chirag Setalvad — the new head of equities at HDFC AMC

Chirag Setalvad, the new head of equities at HDFC Asset Management Co Ltd (AMC), India’s third-largest mutual fund house, is one of the fund house’s longest-serving fund managers.

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He handles the following at HDFC AMC — HDFC Mid Cap Opportunities Fund, HDFC Small Cap Fund, HDFC Hybrid Equity Fund, and HDFC Children’s Gift Fund.

Based in Mumbai, Setalvad mainly invests in Indian equities. He collectively has over 24 years of experience, of which 20 years have been in fund management and equity research and four in investment banking.

In Jul

All you need to know about HDFC AMC’s Prashant Jain

After 19 years of service, India's one of the top asset fund managers, Prashant Jain has decided to exit HDFC AMC. Jain will resign from his post of Chief Investment Officer (CIO) at the HDFC-led asset management company. The company announced the exit of Jain on Friday while presenting its financial performance for the quarter ending June 30, 2022 (Q1FY23). He has been among the longest-serving fund managers, collectively holding about 28 years of experience in the mutual fund industry. 

As per the regulatory filing, HDFC AMC said that Prashant Jain, Chief Investment Officer of the Company after 19 years, has decided to move on and has tendered his resignation to the Company. Further, the AMC's board has approved the appointment of Chirag Setalvad as Head - of Equities and Shobhit Mehrotra as Head-Fixed income. Both, Setalvad and Mehrotra will be reporting to Navneet Munot, Managing Director & CEO of the Company.

Recently, Jain became the country's first fund manager to cumulatively manage ₹1 lakh crore in asset

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