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  Management Team

Mr. Dilip Kumar Mandal
Managing Director and Chief Executive Officer
(DIN: 03313130)
Mr. Dilip Kumar Mandal is the Managing Director and Chief Executive Officer of IDBI Asset Management Ltd. Mr. Mandal has over three decades of experience in various fields of financial services viz. venture capital financing, project finance, credit appraisal and monitoring, NPA resolution, loan syndications, retail banking among others. Immediately prior to joining IDBI Asset Management Ltd, Mr. Mandal was Chief General Manager & Zonal Head of Retail Banking Group, IDBI Bank Ltd., covering the states of Odisha, Chattisgarh & Jharkhand and based at Bhubaneswar.




Mr. Amit Radheshyam Bhavsar

Chief Financial Officer (CFO) & Head – Operations

Mr. Amit Radheshyam Bhavsar has experience of more than a decade with various Asset Management Companies (AMC), Insurance Company and Financial Institutions. Prior to joining IDBI Asset Management Limited, he was associated with SBI Funds Management Pvt. Ltd. for 7 years. He has also been associated with LIC Nomura Mutual Fund, SBI Life Insurance Co. Ltd. and Corporation Bank. He has rich experience in the fields of Banking, Treasury Operations, and also in equity and debt market research.


Mr. Manesh G. Jiandani
Company Secretary
(Membership No.: FCS 7360)

Mr. Manesh G. Jiandani (Membership No.: FCS 7360) has over 10 years of experience including 6 years in securities market. His prior assignments were with various subsidiaries of IDBI Bank namely IDBI Capital Markets and Securities Limited (Formerly known as IDBI Capital Market Services Limited), IDBI Gilts Limited and IDBI Infrafin Limited as Company Secretary, Legal & Compliance and over a year of experience in IDBI Bank Legal Department.


Mr. A. Jayadevan

Compliance Officer

Mr. A. Jayadevan is the Compliance Officer of IDBI Asset Management Ltd. He has around 8 years of experience in the securities market. He is with the Compliance department of IDBI Asset Management Ltd since July 2010. His prior assignment was with National Stock Exchange (NSE) in the Investor Grievances and Arbitration Department.


Mr. V. Balasubramanian

Head - Equity & Fund Manager
Mr. V Balasubramanian has over 35 years of work experience of which 17 years have been in the Mutual Fund Industry and 8 years in Treasury of a nationalized bank. He has rich experience as a Dealer in Bank Treasury as well as Mutual Fund, Fund Accounting and Software Development for fund accounting. Prior to joining IDBI Mutual Fund, he was a Senior Manager of the Treasury branch of Indian Bank.
He manages IDBI Equity Advantage Fund, IDBI Diversified Equity Fund and IDBI Prudence Fund (Equity Component).


Mr. Anshul Mishra

Fund Manager – Equity & Gold

Mr. Anshul Mishra has more than 9 years overall experience in the Equity markets having earlier worked with IDBI Bank Ltd in the Treasury Department and ING Investment Management Pvt. Ltd. in Fund Management Department. He has more than 5 years experience in Equity Fund Management in Mutual Fund. Presently, he is the Fund Manager for IDBI Nifty Index Fund, IDBI Nifty Junior Index Fund, IDBI Gold Exchange Traded Fund, IDBI Gold Fund, IDBI India Top 100 Equity Fund and IDBI Monthly Income Plan (Equity Component)


Mr. Ganti N. Murthy

Head - Fixed Income & Fund Manager

Mr. Ganti N. Murthy has 22 years of experience in the mutual fund industry having worked with SBI Funds Management Co. Ltd., UTI AMC and Cholamandalam AMC in various capacities in Funds Management Department. He manages IDBI Liquid Fund, IDBI Dynamic Bond Fund, IDBI Gilt Fund, IDBI Monthly Income Plan (Debt Portion) & IDBI Prudence Fund (Debt Portion). Prior to his current assignment, Mr. Murthy was Head-Fixed Income at Peerless AMC.


Mr. Bhupesh Kalyani

Fund Manager - Fixed Income

Mr. Kalyani has around 15 years of work experience of which 12 years has been into fixed income fund management and dealing. Prior to joining IDBI Mutual Fund his major associations has been with LIC Mutual Fund, TATA Mutual Fund and Star Union Dai-ichi Life Insurance Co. Ltd.. He manages IDBI Ultra Short Term Fund, IDBI Short Term Bond Fund & IDBI Corporate Debt Opportunities Fund.


Mr. S. V. Durga Prasad

Investor Relations Officer

Mr. S. V. Durga Prasad has over 24 years of total experience, out of which 19 years have been in the Mutual Fund industry in the fields of Investor & Distributor Services, Banking operations and Unit Admin. Prior to the current assignment, he was with Edelweiss Asset Management Ltd and had handled Investor & Distributor Services.


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