TRUST Mutual Fund announced the appointment of veteran fund manager Mihir Vora as its Chief Investment Officer (CIO).
Mihir will head investments for the mutual fund, which aims to widen its product offerings to other asset classes including equity mutual funds. Mihir has a distinguished career spanning nearly three decades in investing across asset classes including equity, fixed income, real estate and alternative investment funds. TRUST MF is promoted by TRUST Group, a multi-line and multi-asset financial services platform, as per the statement.
Mihir Vora joins TRUST Mutual Fund from Max Life Insurance where he served as Senior Director & Chief Investment Officer, managing assets of over INR 130,000 crores. He has formerly held senior positions at prominent financial institutions, like Aditya Birla Sun Life Mutual Fund, Abu Dhabi Investment Authority, HSBC Mutual Fund, ABN AMRO Mutual Fund, ICICI Prudential Mutual Fund, and SBI Mutual Fund.
Mihir has successfully built high-performing investment teams across different organizations, including mutual funds, sovereign wealth funds, and insurance companies. His expertise spans large-cap, mid-cap, sectoral, as well as thematic mandates, the statement said.
Utpal Sheth, Director, TRUST Asset Management, mentioned, “We’re excited to welcome Mihir Vora as an invaluable addition to our Mutual Fund leadership team. Mihir’s long-term orientation, growth mindset and deep expertise in the asset management space will undoubtedly contribute to the continued growth and success of TRUST Mutual Fund. His client-first thinking and commitment to excellence align perfectly with our values. We extend our best wishes to Mihir for this exciting new chapter.”
Sandeep Bagla, CEO, TRUST Mutual Fund said, “We are delighted to welcome Mihir Vora on board. Mihir’s knowledge and expertise will be instrumental in advancing TRUST Mutual Fund’s mission to serve our investors and distributors and to make TRUST Mutual Fund a significant player in the mutual funds space.”
“I am honored to be a part of a team that prioritizes providing consistent value to our investors. We are excited about the future of the asset management industry and aspire to provide relevant investment solutions for investors”, expressed Mihir Vora
Mihir is a mechanical engineer and has a degree in management from Indian Institute of Management, Lucknow. He is also a Chartered Financial Analyst, holding accreditation from the CFA Institute, USA.
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