Anoop Bhaskar joins IDFC Mutual Fund

Bhaskar, who has been associated with the mutual fund industry for over two decades, is considered one of the best fund managers

Anoop Bhaskar has joined IDFC Mutual Fund (MF) as head of equities with effect from 5 February. Bhaskar was formerly head of equities at UTI MF and is considered one of the finest fund managers in the Rs 13 lakh-crore industry. His appointment comes after Kenneth Andrade, chief investment officer, IDFC MF quit last year.

Vikram Limaye, managing director of IDFC Limited, said, "Anoop's expertise will definitely be a growth driver for IDFC AMC (Asset Management Company) and will help us in delivering value to our investors." IDFC AMC, backed by IDFC Ltd, is one of the largest fund houses in the country.

The AMC manages a range of funds across debt and equity asset classes and has a distribution reach that covers 39 cities directly and has an indirect presence in over 283 towns across India.