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Escorts Asset Management Ltd

Escorts Mutual Fund is the premier Asset Management Company offering Investment products across a broad cross-section of Financial Assests covering both Debt and Equity. It was registered with Securities and Exchange Board of India (SEBI) in 1996.The Company is the one of the earliest entrants into the Indian Mutual Funds Industry.

It is associated with Escorts Group - with Escorts Limited as its Flagship Company, which is amongst India's leading corporations, operating in diverse fields of Agri-Machinery, Construction and Railway Ancillaries and Financial Services. The genesis of Escorts goes back to 1944 and over the decades, Escorts has surged ahead and evolved into one of the India's leading conglomerates. The group holds a great repute and trust amongst people.

Escorts Mutual Fund has been established as a trust in accordance with the provisions of the Indian Trusts Act, 1882 and the Deed of Trust dated 15th April, 1996 has been registered under the Indian Registration Act, 1908.

Backed by one of the most trusted and valued brands in India, Escorts Mutual Fund has earned the trust of lakhs of investors with its consistent performance and excellent service
Shareholding pattern of the AMC (as on the date of last AGM i.e. 31.08.2012) specifying the percentage holding of various groups / companies and their activities:



% of paid up equity share capital



Escorts Finance Ltd


Non Banking Financial Company


Escorts Ltd.




AAA Portfolios Pvt. Ltd.


Non Banking Financial Company





The Board of directors of the Escorts Asset Management Company Limited consists of the following eminent persons
Ms. Ritu Nanda
Ms. Nitasha Nanda
Dr. Ashok Agarwal
Prof. Ashish K. Bhattacharyya
Mr. Arvind Walia
Mr. Amul Dhru
Ms. Pushpa Rai
Mr. Chakradhar Bharat Chhaya
Ms. Ritu Nanda
She has sharp business acumen and in-depth knowledge experience and was awarded for being No. 1 Agent in India for Life Insurance Corporation of India Ltd.

Ms. Nanda is a graduate in Arts (B.A).
Ms. Nitasha Nanda
She has varied experience in the field of finance ranging from Financial Planning, Budgeting, Forecasting, dealing with Financial Institutions & Banks to reviewing the operations and investment decisions of the Company and advising the research team.

She has done her graduation in Commerce (B.Com).
Dr. Ashok Agarwal
He has over 25 years of experience and has been associated with the Escorts Group since 1993 and has looked after various important functions ranging from Equity Research, Portfolio Management, Merchant Banking.

Mr. Agarwal is a M.A (Eco) and a fellow from IIM-Ahmedabad.
Prof. Ashish K. Bhattacharyya
He worked for 18 years in accounting and finance functions in public & private sector as consultant, worked as Technical Director at the Institute of chartered Accountants of India. He worked as Professor with IIM- Calcutta, Currently working as Director with ICWAI Management Accounting Research Foundation, Delhi.

Mr. Bhattacharyya is a M.Com, Chartered Accountant from ICWA.
Mr. Arvind Walia
He has over 25 years of experience in the fields of Finance, Control and Internal Audit Departments. He has vast exposure and knowledge in the area of corporate and financial development. He has looked after various segments like Raising of Funds from Financial Institutions, Analysis of financial Statements, Strategic Investments, Project Appraisal, Financial and Business Planning .

Mr. Walia is a B.Sc, M.B.A & Chartered Accountant.
Mr. Amul Dhru
He has been the Director with many organizations like Comprehensive Financial Services Pvt. Ltd., since 1995. Member of the Governing Council of GSFC University from Feb 2015, held different levels of management positions in Finance, Control and Internal Audit Departments

Mr. Dhru is a B.COM, F.C.A, and M.B.A from IIMA
Ms. Pushpa Rai
She has around 20 years of experience in the financial sector on both, fixed income products as well as equity markets. She has previously managed US$2-bn fund comprising surplus and pension funds.

Ms. Rai has done her master in Commerce (M.Com), MFM from Narsee Monji Institute Mumbai.
Mr. Chakradhar Bharat Chhaya
He held various positions in Bank of Baroda over a period of 4 decades and retired as MD of Bob Cards Ltd. in December 2003. He was also Principal Officer for Sultanate of Oman Territory for 5½ years and was in-charge of Compliance with Regulations of the Central Banking Authority of the country.

Mr. Chakradhar is a graduate in commerce B.Com, CAIIB, FCMA member of ICWA and CAIIB.
Key Personnel of Escorts Asset Management Company Limited
Dr. Ashok K. Agarwal - Chief Executive Officer
He has over 25 years of experience and has been associated with the Escorts Group since 1993 and has looked after various important functions ranging from Equity Research, Portfolio Management, Merchant Banking.

Mr. Agarwal is a M.A (Eco), M.B.A fellow from IIM-Ahmedabad.
Mr. Sanjay Arora - Chief Investment Officer
He has 17 years of experience in the financial sector looking after investment and portfolio management related functions.

Mr. Arora is Accounts graduate with CWA.
Mr. Prabhash Chandra - National Sales Head
He has total 19 years of experience. He also worked with UTI AMC – Product distribution, business development and other related activities.

Mr. Chandra is a graduate in Eco (H), MMS SIBM pune, certified AFP.
Ms. Sunjit Sahel - Compliance Officer
She has over 17 years of experience in Compliances and Company Secretariat.

Ms. Sahel done her graduation in B.Com (H), certified FCS.
Mr. Anuj Jain - Fund Manager
He has 4 years experience in the fixed income domain. Managing Corporate Bond issues in Primary and Secondary market.

Mr. Jain is a graduate in B.Com (H) from Hansraj college, M.B.A from Amity Business school.
Mr. Shivin Kumar - Registrar & Investor Service Officer
He has 10 years experience in the Mutual Fund Industry having worked in various capacities.

Mr. Kumar is a graduate in B.A (H).
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Premises No. 2/90, First Floor, Block - P, Connaught Circus,
New Delhi - 110001.

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