Edelweiss Asset Management has announced the appointment of Ankit Singhania as its Head of Passive Business.
Ankit is a seasoned professional with over 14 years of rich experience in product research, development & sales. In this role, Ankit will report to Deepak Jain, President and Sales Head, Edelweiss Asset Management, and will lead the strategic growth and development of the passive investment segment within the organisation.
Prior to joining Edelweiss, Ankit was associated with UTI Mutual Fund as Head – Passives and had earlier worked with prominent institutions such as HDFC Mutual Fund, Nippon Life AMC, and PGIM India Mutual Fund.
Radhika Gupta, MD & CEO of Edelweiss Asset Management, said, “We believe investing in passive businesses to be a crucial element not only in balancing investors’ portfolios but also towards achieving long-term wealth creation. Ankit’s appointment is a strategic move towards strengthening our team as we deepen our focus on this space. It underscores our commitment to building a robust and differentiated passive franchise. His leadership and innovative execution capabilities will help us deliver smart, efficient, and accessible passive investment solutions for our growing investor base.”
Deepak Jain, President and Sales Head, Edelweiss Asset Management, said, “We are delighted to welcome Ankit to the Edelweiss family. His deep industry knowledge and leadership experience will be instrumental in strengthening our position in the under-served passive investments landscape.”
Ankit Singhania said, “I am excited to join Edelweiss Mutual Fund at a time when passive investing is gaining significant momentum in India. Edelweiss has built a strong foundation in this space, and I look forward to working with the team to scale new heights and deliver differentiated value to investors.”
