ITI Mutual Fund announces the appointment of Mr. Rajesh Bhatia as Chief Investment Officer

ITI Asset Management Limited has appointed Mr. Rajesh Bhatia as Chief Investment Officer (CIO), effective 6^th December, 2022.

As CIO, he will spearhead the entire Investment Function in the organization. He brings with him more than 3 decades of experience in Indian Equities and of which he has more than a decade of experience heading Alternative Investments (Long Short Fund Management).

Previously, he was operating as Managing Director and CIO- AIF III (ITI Long Short Equity Fund). In his previous assignments, Mr. Bhatia held the position as the CIO of Simto Investments (a subsidiary of Tata Investments); and was Co- founder & CIO in Heritage India Advisors, Indian advisors to New York- based Heritage Capital, an India long-short equity fund. The Heritage Fund was nominated as among the Top 5 funds in India for its performance in 2010, by Eureka Hedge, an independent international data provider and alternate research firm. He also served as Senior VP & Head, Portfolio Management Services (PMS), Reliance Capital Asset Management where he started the business unit for the firm in 2004.

He is a Commerce graduate from H.R. College of Commerce & Economics and holds a degree in ACMA (Cost and Management Accounting) and CFA from the CFA Institute of USA.

Speaking on the appointment, Mr. Sudhir Valia, Trustee Chairman, said “We are delighted to have Rajesh on board. He brings with him enormous experience of over three decades in Indian equity and investments. His in-depth knowledge and rich experience would be of great value for our organization as we have completed three years of operations, embarking on a big scale up strategy. We already have the relevant product suite in the market and with the renewed & rigorous investment processes set up at our fund house. I am sure we will be able to generate excellent investment experience for our investors in the coming years.”