Mumbai: Shriram Asset Management Company Ltd. (Shriram AMC), part of the Shriram Group, has announced the appointment of Amit Modani as Senior Fund Manager and Lead – Fixed Income. In this role, Modani will contribute to the company’s investment strategy and AUM with a focus on Fixed Income Markets, helping both institutional and individual investors build resilient debt portfolios.
Amit brings over 13 years of experience in fixed income markets, spanning money markets, macro and duration strategies. He joins Shriram AMC from Mirae Asset Mutual Fund, where he managed a range of funds including Liquid, Money Market, Arbitrage, Short Term, and Corporate Bond Funds. He has also worked with BOI Mutual Fund and PGIM Mutual Fund, managing portfolios across the fixed income yield curve and trading in government securities, corporate bonds, and money market instruments.
Welcoming him to the team, Kartik Jain, Managing Director and CEO, Shriram AMC, said, “We are delighted to welcome Amit to Shriram AMC. His strong track record in managing fixed income strategies with a data led mindset to risk, coupled with deep market understanding, makes him the right fit for our growing quantamental investment platform. With Amit on board, we are confident of further enhancing our debt portfolio and delivering differentiated solutions aligned with the evolving needs of investors including treasuries. His appointment reflects our commitment to building a strong talent pool and strengthening our investment capabilities as we continue to scale Shriram AMC into a trusted and world class asset management company.”
Amit is a Chartered Accountant and a member of the Institute of Company Secretaries of India, and was recently awarded the “CA 40 under 40” prestigious award by The Institute of Chartered Accountants of India.
Sharing his enthusiasm, Amit Modani said, “I am delighted to join Shriram AMC at a pivotal stage of our growth journey. Our investors look for stable risk adjusted returns from their debt portfolios, with the promise of a steady stream of income and capital preservation with predictability, that can complement higher-risk assets and contribute to long-term wealth creation. Well managed Fixed Income plays a critical role in ensuring portfolio stability and I look forward to leveraging my experience to design data led risk adjusted strategies that are responsive to policy directions and create consistent value for investors in the long run.”
With Sanlam Emerging Markets (Mauritius) Limited (SEMM) coming on board as a promoter alongside the existing joint promoter Shriram Credit Company Limited, Shriram AMC continues to strengthen its talent pool and investment processes to deliver innovative, customer-centric solutions, reinforcing its position in the mutual fund industry.
