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Managed by PGIM India Asset Management
Complex or leveraged strategies — long-short, hedge-fund-style and quant funds. Often open-ended, within SEBI leverage limits.
PGIM India Asset Management Private Limited (formerly DHFL Pramerica Asset Managers Pvt. Ltd., and before that Deutsche Asset Management India Pvt. Ltd.) is a SEBI-registered Portfolio Manager (INP000006952) and the Investment Manager of PGIM India Mutual Fund. Incorporated on 24 September 2008 and operational since 13 May 2010, it is a wholly owned subsidiary of PGIM — the global investment management arm of US-based Prudential Financial, Inc. (PFI). PGIM is among the world's top 10 global investment managers with over USD 1.4 trillion in AUM, operating in 17 countries across 39 offices with 1,300+ investment professionals. As of early 2025, PGIM India Mutual Fund manages over ₹27,000 crore in domestic mutual fund AUM across 29 schemes managed by a team of 18 investment professionals. In addition to domestic mutual funds, the firm offers Portfolio Management Services, Offshore Funds, and Alternative Investment Funds. The AIF business (CIO Alternates: Aniruddha Naha) was launched from April 2023. PGIM India is headquartered in Mumbai with presence in 26 cities across India. Compliance Officer: Sandeep Kamath. Trustee Organisation: PGIM India Trustees Private Limited.
Aniruddha Naha
FMCIO – Alternates (AIF) & Senior Fund Manager – Equities
Aniruddha Naha is CIO of PGIM India's AIF business (from April 2023) and Senior Fund Manager – Equities. He joined PGIM India Mutual Fund in 2018. Previously he was Director of Equities at Avendus (2016), Fund Manager at IDFC Asset Management (2013), Head of Offshore Advisory at Mirae Asset (2012), Vice President & Portfolio Manager at Mirae Asset (2010), and Fund Manager at DSP BlackRock Mutual Fund (from 2004). He currently manages PGIM India Diversified Equity Fund and PGIM India Midcap Opportunities Fund. Education: B.Com; Master of Finance and Control (MFC), Delhi University.
Alok Agarwal
FMSenior Fund Manager – Equities
Alok Agarwal is a Senior Fund Manager – Equities at PGIM India Asset Management, with over 17 years of experience in equity markets. He joined PGIM India (then Deutsche Asset Management India) in 2016. Previously, he joined Deutsche Asset Management as Fund Manager in 2010, and before that was Head of PMS and Fund Manager of Equities at K.R. Choksey Shares and Securities Pvt. Ltd. from 2008. He manages PGIM India Large Cap Fund, PGIM India Global Equity Opportunities Fund, PGIM India Euro Equity Fund, PGIM India Hybrid Debt Fund, PGIM India Equity Savings Fund and others. Education: B.Com, St. Xavier's College, Kolkata; M.Com, Annamalai University; MS Finance, ICFAI; Chartered Accountant; CFA Charterholder.
Kumaresh Ramakrishnan
FMFund Manager & Head of Fixed Income
Kumaresh Ramakrishnan is Fund Manager and Head of Fixed Income at PGIM India Asset Management, having joined in 2016 when the fund house was Deutsche Asset Management. He has been Fund Manager and Head of Fixed Income at Deutsche Asset Management (India) Pvt. Ltd. since 2007, having joined in 2005 as Credit Risk Analyst. Prior to Deutsche, he was a Senior Credit Analyst at Societe Generale (2000) and Senior Rating Analyst at CARE Ratings (from 1996). He manages PGIM India Ultra Short Term Fund, Premier Bond, Insta Cash Fund, Credit Risk Fund, Short Maturity Fund, Low Duration Fund, Hybrid Debt Fund, Hybrid Equity Fund, Equity Savings Fund, and Arbitrage Fund. Education: B.E., University of Mumbai; MBA, NMIMS.
Puneet Pal
FMHead – Fixed Income & Fund Manager
Puneet Pal is Head of Fixed Income and Fund Manager at PGIM India Asset Management. He has more than 17 years of experience in debt markets. Before joining PGIM India, he was associated with BNP Paribas Mutual Fund, UTI Mutual Fund, and Tata Mutual Fund. He manages PGIM India Premier Bond Fund, Banking & PSU Debt Fund, Dynamic Bond Fund, Gilt Fund, Short Maturity Fund, and others. Education: MBA in Finance, Symbiosis Institute of Business Management.
Anandha Padmanabhan Anjeneyan
FMSenior Fund Manager – Equities
Anandha Padmanabhan Anjeneyan is a Senior Fund Manager – Equities at PGIM India Asset Management, with over 13 years of experience in Indian financial markets, primarily in equity research. Before taking the additional charge as Fund Manager, he was a Dedicated Fund Manager for Overseas Investments and an Equity Analyst at PGIM India. Previously, he was an Equity Analyst at Renaissance Investment Managers Pvt. Ltd. and a Fixed Income Dealer at Canara Robeco Asset Management. He manages PGIM India Healthcare Fund and other schemes.
Utkarsh Katkoria
FMFund Manager – Arbitrage
Utkarsh Katkoria is a Fund Manager at PGIM India Asset Management, managing PGIM India Arbitrage Fund and related schemes. He began his career in 2005 as an Investment Banking Analyst at JM Financial, moved to Reliance as an Equity Research Analyst in Treasury in 2011, and joined Deutsche Asset Management in 2014 as Equity Research Analyst. He joined PGIM India Mutual Fund in 2016. Education: MBA in Finance, Cass Business School, London.
Rakesh Suri
FMFund Manager – Fixed Income
Rakesh Suri is a Fund Manager – Fixed Income at PGIM India Asset Management, having joined Deutsche Asset Management (India) Pvt. Ltd. in 2010 as a Fixed Income Trader (promoted to Fund Manager of Fixed Income in 2011). He started his career as a Debt Manager at RR Financial Ltd. in 1998, then was a Fixed Income Dealer at SREI International Securities (2002), Senior Fixed Income Trader at Derivium Capital Pvt. Ltd. (2002), Senior Manager Treasury at ICICI Bank Ltd. (2005), and Fixed Income Trader at Samba Financial Group (2008). He manages PGIM India Floating Rate Fund, Premier Bond Fund, and related debt schemes. Education: B.Sc and B.Ed, Maharshi Dayanand Sarswati University; PGDBM Finance, Guru Nanak Institute of Management.
Abhishek Tiwari
Managing Director & Chief Executive Officer (from September 1, 2025)
Abhishek Tiwari is the Managing Director and CEO of PGIM India Asset Management, having assumed the role on September 1, 2025, succeeding Ajit Menon. He was previously Executive Director and Chief Business Officer at PGIM India Mutual Fund. He has been a key senior leader at the firm responsible for business growth and distribution strategy.
Ajit Menon
Former MD & CEO; Senior Advisor (to March 2026)
Ajit Menon served as MD & CEO of PGIM India Asset Management from its inception until August 31, 2025, when he announced his retirement. He continues as Senior Advisor to the board until March 2026, supporting retail investor and retirement planning initiatives. During his tenure, he oversaw all aspects of the asset management business including mutual funds, PMS and AIF. With over 31 years of experience in sales and asset management, he held senior leadership roles at Tata Mutual Fund, DSP BlackRock Investment Managers (15+ years), Standard Chartered Bank, Vodafone and Crompton Greaves before joining PGIM India. He has authored papers on the AMC business, co-designed a six-month certification course in wealth management, and a two-month retirement readiness certification course. Education: MMS in Marketing, Chetana's Institute of Management and Research, Mumbai.
Vinay Paharia
Chief Investment Officer (CIO)
Vinay Paharia is the Chief Investment Officer at PGIM India Asset Management, a role he assumed in April 2023. He oversees both equity and fixed income divisions. He has nearly two decades of experience in equity research and fund management. Prior to joining PGIM India, he served as CIO at Union Mutual Fund. He manages the equity portion of flagship funds including PGIM India Retirement Fund, Flexi Cap Fund, and others.
Srinivas Rao Ravuri
Head – International Business (from April 2023)
Srinivas Rao Ravuri was previously CIO of PGIM India Mutual Fund (equities) and from April 2023 was promoted to set up and lead PGIM India's new international business. In this new role, he leads the International Business division, leveraging PGIM's global relationships to expand the firm's international AUM and distribution. He is a highly experienced equity fund manager with a long tenure at PGIM India.
Sandeep Kamath
Compliance Officer
Sandeep Kamath is the Compliance Officer at PGIM India Asset Management, responsible for regulatory compliance across the firm's mutual fund, PMS, and AIF operations.
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