Navi was founded in December 2018, It was a venture by Sachin Bansal and Ankit Agrawal. They started with digital lending through their wholly owned subsidiary ‘navi finserv’ serving more then 1.5 lakh customers countrywide. In Navi AMC, they offers a range of financial services and products such as personal loans, general insurance etc.
Hari Shyamsunder, Chief Executive Officer – Hari Shyamsunder is a Chief Executive Officer of Navi AMC. He joined Navi in September 2021 after over a decade at Franklin Templeton where he was a co-portfolio manager and analyst. He worked with BG Group Plc (now Shell plc) before this. With total experience of over 16 years, Hari has a PGDM from IIM Bangalore and a BE from NIT Trichy. He is a CFA charterholder.
Aditya Mulki, Fund manager – Aditya is CFA Charterholder and Bachelor of Commerce having experience of around 7 years. He is currently working as Equity Fund Manager for Navi AMC Limited. Prior to joining Navi Aditya has worked for close to 6 years at Quantum Advisors Ltd as an Equity Research Analyst, covering the consumer staples, consumer discretionary, building materials and media sectors.
Surbhi Sharma, Fund manager – Surbhi is a Company Secretary and PGDM in Finance with an overall experience of over 7 years in the Fixed Income Markets. Previously, worked with DCB Bank Ltd. As a Money Market Dealer in the Bank’s Treasury.Prior to that, have worked with Goldman Sachs Services India Pvt. Ltd. As an Analyst in the EMEA Fixed Income Sales Team
The website of the AMC does not have any explicitly mentioned investment framework.
Based on the media articles listed below, Navi MF appears to be focused only on passive investing.
Navi MF plans fund to invest in metaverse firms, BusinessToday.in, 6 April 2022
Navi India has submitted a prospectus for a fund dealing with companies associated with metaverse. The scheme will be benchmarked against the Solactive Metaverse Theme Index, which comprises of around 40 companies including AMD, Alphabet, Apple, Amazon, Fubotv, Electronic Arts, Intuitive Surgical, Microsoft, Nvidia Corp, Qualcomm and Twitter, among others.
Navi on why they are Focused on passive funds, Moneycontrol, August 2021
Passive funds have seen strong investor interest in the last couple of years, on the back of performances delivered by active funds in relation to passive funds. There are lots of areas in the passive space which have been identified and where they want to focus first as they begin under the Navi brand.
Why not spell out investment philosophy and supporting rationale on website?
Prepared by – Gaurav Jain, 18 May 2022
Peered reviewed by –