Mumbai: Edelweiss Asset Management (Edelweiss MF/EMF/EAMC) has appointed Ankit Singhania as the Head of Passive Business, marking a key strategic move as the company intensifies its focus on the rapidly evolving passive investment landscape.
Ankit brings over 14 years of experience across product research, development, and sales in the mutual fund industry. In his new role, he will report to Deepak Jain, President and Sales Head, Edelweiss Asset Management, and will lead the expansion and innovation of Edelweiss’s passive product portfolio.
Previously, Ankit was Head–Passives at UTI Mutual Fund and has held leadership roles at HDFC Mutual Fund, Nippon Life AMC, and PGIM India Mutual Fund. A Chartered Accountant by qualification, Ankit’s expertise and market insight are expected to play a vital role in shaping Edelweiss’s passive strategy going forward.
Radhika Gupta, MD & CEO, 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 AMC, added, “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.”
On his new role, Ankit Singhania shared, “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.”
With Ankit’s appointment, Edelweiss AMC aims to further its mission of offering innovative, transparent, and investor-focused passive solutions, reinforcing its leadership in India’s growing passive investment space.
