We use cookies for analytics and ads to improve your experience. You can accept or decline. See our Privacy Policy.
Grow With Trust
Trust Investment Advisors Pvt. Ltd. (TIAPL, CIN: incorporated under the Companies Act 1956) is a SEBI-registered Portfolio Manager (PMS Reg: INP000001843, registered since October 1, 2006) and is the PMS operating entity of the TrustPlutus Group. It operates under the TrustPlutus brand and shares management, offices, and client-facing team with the broader TrustPlutus platform. Registered and corporate offices: 109/110, First Floor, Balarama Premises, Bandra Kurla Complex, Bandra (East), Mumbai 400051; correspondence also at 802, Naman Centre, G-Block, BKC, Bandra East, Mumbai 400051 (Phone: +91 22 6274 6000). TrustPlutus is an independent and trusted Wealth Management firm providing an open-architecture platform for investing with fiduciary responsibility to clients. The broader TrustPlutus Group includes TrustPlutus Family Office & Investment Advisers (India) Private Limited (SEBI IA Reg: INA000000557) and Trust-Plutus Wealth (India) Private Limited (AMFI ARN 81449). The group was expanded by promoter Nipa Sheth from a debt products distribution house in 2001 to a full-fledged investment bank offering services across Origination, Intermediation, Advisory, Fund Management, and Distribution. The group is linked to the Trust Group (www.trustgroup.in), chaired by Utpal Sheth.
TrustPlutus is built on the principle of fiduciary responsibility — always acting in the best interest of the client. As an independent, open-architecture platform, TrustPlutus provides objective investment advice not influenced by product manufacturers. The firm's wealth management strategy is a process-based approach to accumulate, protect, and grow clients' wealth by providing long-term support for their financial goals. The Non-Discretionary PMS, managed by Trust Investment Advisors Pvt. Ltd., is driven by disciplined asset allocation across fixed income, equities, and capital markets, managed in-house or via third-party managers. Clients benefit from holistic, multi-dimensional wealth planning — spanning Investment Advisory, Wealth Management (Financing, Real Estate, Protection, Offshore Solutions), and Legacy Services (Succession Planning, Philanthropy, Next Generation Education). The firm's client base is UHNI and HNI families and family offices, with a minimum relationship size of INR 5 crore.
Chetan Pandya
FMDirector and Portfolio Manager
Chetan Pandya (FRM) is a Director and Portfolio Manager at TrustPlutus with 25+ years across investments and banking. He has led strategic roles in Investment Advisory, Institutional Sales, Product Strategy, and Asset Allocation. His earlier stints with RBS, Motilal Oswal, Kotak Bank, and ICICI Bank shaped a deep understanding of markets, client behaviour, and portfolio construction. Since 2014, he has been leading the Advisory practice at TrustPlutus, serving families, family offices, and enterprises. He was ranked among the Top 3 Financial Planners in Asia by PlanPlus (2016). He holds an MBA in Finance and is a Certified Financial Risk Manager (FRM).
Utpal Sheth
Chairman and Chief Mentor
Utpal Sheth is the Chairman and Chief Mentor of TrustPlutus and the driving force behind the Trust Group. He is the CEO of Rare Enterprises, the asset management arm of late investor Rakesh Jhunjhunwala. He was a former Director of Insight Asset Management (India) Pvt. Ltd. — an equity research and portfolio advisory firm — and HRS Insight Financial Intermediaries Pvt. Ltd. (a broking firm). He was also a former Principal Relationship Manager of Investment Banking with Enam Financial Consultants Pvt. Ltd. He is a Cost Accountant and CFA (ICFAI, India).
Nipa Sheth
Director & Promoter
Nipa Sheth is a Promoter Director of the Trust Group and TrustPlutus. She expanded the Trust Group from being a distribution house of Debt Products in 2001 into a full-fledged investment bank providing services across Origination, Intermediation, Advisory, Fund Management, and Distribution. She is a Chartered Accountant and CFA (ICFAI, India).
Sameer Kaul
MD & CEO (Principal Officer)
Sameer Kaul is the MD & CEO and Principal Officer of TrustPlutus / Trust Investment Advisors Pvt. Ltd. He spent 23 years at Citibank in various roles across the consumer and institutional bank — including Operations, product management for investment products, setting up the insurance distribution business, running the Mortgage business, and heading the retail branch network for Citi in India (wealth management and commercial banking). In his last stint at Citi, Sameer ran the Private Bank — the ultra-high-net-worth practice providing coverage to clients across wealth management and financing. He holds a Bachelor's degree in Economics from the University of Delhi and an MBA (concentration in Marketing and Finance) from the University of Illinois at Urbana-Champaign, USA. Contact: sameer.kaul@trustplutus.com, +91 22 6274 6078.
No insights published yet.
Investments in securities markets are subject to market risks. Read all the related documents carefully before investing. Past performance is not indicative of future returns.
Vishal Chandiramani
Chief Operating Officer
Vishal Chandiramani (CFA, CFP) is the COO of TrustPlutus, having led the Products business unit since November 2013. He brings over two decades of experience in financial services and consulting across sales, investment advisory, portfolio management, and research. Earlier in his career he held roles at Religare Macquarie Wealth Management, ASK Wealth Advisors, and McKinsey & Company. He holds an MBA from SP Jain Center of Management (Dubai/Singapore) and is accredited as a Chartered Financial Analyst (CFA Institute, USA) and Certified Financial Planner (FPSB, India).
Jayeeta Sen
Managing Partner
Jayeeta Sen is a Managing Partner at TrustPlutus, part of the UHNI private banking practice since November 2010. She is a seasoned private banker with over two decades of diversified experience spanning wealth management, asset management, insurance, and family-office advisory. Her career includes tenures at DSP Merrill Lynch, Birla Sun Life Distribution, and Aviva Life Insurance. She holds an MBA from ICFAI, Hyderabad, and an advanced two-year MBA from INSEAD, France.
Satwick Tandon
Managing Partner – Client Coverage (Mumbai)
Satwick Tandon is a Managing Partner at TrustPlutus, responsible for Wealth Management in Mumbai. He has over two decades of Private Banking and Capital Markets experience in financial planning, investment strategy, and portfolio management. He previously served as Market Director & Head of Investment Advisory at DSP Merrill Lynch Wealth Management and as Executive Director and Head of International at Sanctum Wealth Management (ex-RBS Coutts Private Banking business in India). He holds a B.Tech from IIT Bombay and a PGP from IIM Lucknow.
Anisha Chopra
Client Coverage (New Delhi)
Anisha Chopra has over two decades of Private Banking experience, of which 17 years were with Citi. Prior to Citi, she was with Bank of America's Corporate Banking team. Her expertise covers Structuring, Investment Management, and Capital Markets. She holds a BA (Economics) from SRCC Delhi and an MBA from the International Management Institute (IMI), Delhi.
Naushil Shah
Head of Research
Naushil Shah is the Head of Research at TrustPlutus Wealth since April 2014, with over two decades of experience across sell-side and buy-side roles. He began as an equity analyst covering IT and Telecom, then transitioned into investment advisory and portfolio management. His career includes analytical and leadership roles at Anand Rathi Share & Stock Brokers, Karvy Stock Broking, and Sunidhi Securities & Finance. He holds an MBA from Jamnalal Bajaj Institute of Management Studies (JBIMS), Mumbai.
Dipanjan Chowdhury
Client Coverage (Kolkata)
Dipanjan Chowdhury (CFP) has over 17 years of experience in Banking and Wealth Management, with core competence in client engagement and Wealth Advisory for HNI clients. Prior to TrustPlutus, he was at RBS N.V. handling HNI clients. He holds an Engineering degree from Bangalore University and an MBA from IISWBM Kolkata. He is a Certified Financial Planner (FPSB, India).
Hitesh Teckwani
Client Coverage (Bangalore)
Hitesh Teckwani (CFP) has over 20 years of experience in Wealth Management across NRI Business, Branch Banking, and Insurance. Prior to TrustPlutus, he was at RBS N.V., ABN AMRO Bank, Tata AIG, and HDFC Standard Life Insurance. He holds a Post Graduate degree in Marketing Management from Tolani Institute of Management Studies and is a Certified Financial Planner (FPSB, India).
Vaishali Lale
Client Coverage (Pune)
Vaishali Lale covers the Pune region at TrustPlutus. Prior to joining, she was VP at Wealth Advisors India Pvt. Ltd., responsible for corporate wealth management across Maharashtra. She has been instrumental in setting up the Private Banking business in Pune. Earlier she was with HDFC Bank, Aptech Limited, and Sea Consortium (UK) Pvt Ltd, Singapore. She holds an MSc (BioChemistry) from G.S. Medical College, Mumbai University.
Rishi Tiwari
Client Coverage (New Delhi)
Rishi Tiwari has over two decades of experience in private banking and investment banking. Prior to TrustPlutus, he was with ICICI Securities, and earlier with HDFC Bank, Bank Sarasin, Merrill Lynch, and Standard Chartered. He holds an MBA (Marketing) from FMS, Delhi University (2004).
Reshma Sawant
Business Planning & Analytics
Reshma Sawant has over 15 years of experience in Financial and Accounting functions. Prior to TrustPlutus, she was with Axis Private Equity Limited, a wholly-owned subsidiary of Axis Bank. She holds a BCom degree and an MBA in Finance from Welingkar Institute of Management.
Khanika Anand
Head – Human Resources
Khanika Anand has over 15 years of experience in the HR function. Prior to TrustPlutus, she was with Star India and Cadbury India Pvt. Ltd. She holds a Post Graduate degree in Human Resources from NMIMS, Mumbai.
Soumya Mahajan
Compliance Officer
Ms. Soumya Mahajan is the Compliance Officer at TrustPlutus. She has prior experience in regulatory and secretarial compliances for private and listed organisations, including contract drafting and getting a PSU listed on NSE and BSE. She holds a CS qualification (ICSI 2021), LLB (2019), and BBA from Panjab University (2016). Contact: jyotsna.dudye@trustplutus.com, +91 22 6274 6022.