Manish Gunwani quits Nippon India Mutual Fund after a stint of five years

Manish Gunwani, who is the chief investment officer (CIO) of equity investments at Nippon India Mutual Fund, will step down from his role from January 1, 2023. Sailesh Bhan will take over the reins from Gunwani and lead the equity division of the fund house. About Manish Gunwani Gunwani joined Nippon India in September 2017. Before this, he served as Deputy CIO-Equity at ICICI Prudential Mutual Fund, managing over Rs 35,000 crore assets. Currently, he manages five schemes, they are Nippon India Growth Fund, Nippon India Balanced Advantage Fund, Nippon India Multi Asset Fund, Nippon India Flexi Cap Fund and Nippon India Passive Felxicap FoF with a collective asset of around Rs 25,200 crore as on September end. A veteran of the Indian mutual fund industry with experience of almost 25 years in fund management and equity research. Manish is known to have a bend towards 'growth at the reasonable price' style of investing. You can read the interview here. N