Summary

Nilesh Shah is a renowned financial professional and the managing director of Kotak Mahindra Asset Management Company, India's leading asset management company. Having spent over 25 years in the capital markets, he has managed equity, fixed-income and real estate funds for domestic and international investors. Shah has also worked in leadership positions at Axis Capital, ICICI Prudential Asset Management and Franklin Templeton India and has received appreciation for his work in the mutual fund space.

Personal Information

Achievements

• He is a gold medallist chartered accountant and merit-rank cost accountant.
• He also won Business Standard Fund Manager of the Year – Debt Award (2004).
• He was a member of a team that won "Best Fund House of the Year" at Kotak Mutual Fund, ICICI Prudential and Franklin Templeton.
• He is presently the chairman of Association of Mutual Fund in India and member of the Mutual Fund Advisory Committee constituted by Sebi.
• He co-authored A Direct Take, a financial planning book.
• He is a leading member of Sebi committees for market development.

Major Events Timeline

• 1992: He became a chartered accountant (Gold Medallist).
• 2015: He was appointed managing director at Kotak Mahindra Asset Management.
• 2019: He was chosen as AMFI Chairman.

Challenges & Controversies

Shah says the most important challenge he faced was investing three years ago in innovative companies globally, which is still down by 16%.