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Mikesh Gangar resigns from JM Financial Mutual Fund

JM Financial Mutual Fund has announced that with effect from 31 January, 2011, Mr. Mikesh Gangar, Fund Manager of JM Arbitrage Advantage Fund has resigned from the services of JM Financial Asset Management Pvt. Ltd.

Subsequent to his resignation, Mr. Chaitanya Choksi has been designated as the new fund manager for JM Arbitrage Advantage Fund, with effect from February 1, 2011.

Mr. Chaitanya Choksi holds MMS (Finance), CFA degree. He has around 10 years of experience in equity research and capital markets. He is associated with JM Financial Mutual Fund since 2008. Prior to joining JM Financial, he has worked with Lotus AMC, Chennai Finance, IL & FS Investmart and UTI Investment Advisory Services.