Sadanand Shetty joins Taurus Mutual Fund as Vice President

Taurus Mutual Fund has appointed Mr. Sadanand Shetty as Vice President & Sr. Fund Manager - Equity with effect from 3rd May, 2010.

He joins Taurus from Kotak Securities Ltd. At Kotak, he was responsible for managing portfolios in his capacity as VP and Portfolio Manager – Equity, for nearly six years. He successfully managed portfolios which aggregated over US$200m discretionary fund on behalf of private clients spread across India.

Prior to Kotak he had successful stints with Global firms in India such as SocGen( one of the largest European banks), Newscorp, as well Indian groups such as  Principal Capital Markets Ltd  and Capital Markets Publishers Pvt Ltd.

With Post graduate specialization from Xavier’s Institute of Management as well as post graduate from Mumbai University with specialization in Banking & Finance, Sadanand Shetty has joined Taurus Mutual Fund with 16 years of rich experience as Vice President & Senior Fund Manager – Equity.

Commenting on his appointment, Mr. Waqar Naqvi, CEO, Taurus Mutual Fund said “We are delighted to welcome Sadanand Shetty. His wealth of asset management knowledge and experience, proven track record of growing assets under management, and ability to identify good stocks, will further enhance our capabilities and Taurus' overall investment success."

About Taurus Mutual Fund:
Taurus Mutual Fund is one of the fastest growing asset management company with 1007.25 % YOY growth in Average AUM between March 2009-2010. Taurus Mutual Fund offers investment for all categories of investors, with 5 Equity oriented schemes, 4 Debt based schemes and an Equity Linked Savings Scheme, in the open ended product basket. It was amongst the first few private sector Mutual Funds registered with SEBI. 

Taurus Mutual Fund has established its presence across demographics of the country. With branches in top 13 cities and representative in smaller cities, Taurus Mutual Fund's distribution network is strongly supported by more than 4000 outlets of business associates.

For more details www.taurusmutualfund.com