Axis Asset Management Company (Axis AMC) has announced the proposed appointment of Nandik Mallik as the Head of Equity and Hybrid for its Specialised Investment Funds (SIFs). Mr. Mallik is a seasoned financial services professional with over 20 years of experience, with a strong background in asset management. He has a proven track record of managing large assets under management across various risk-adjusted funds, and has successfully launched several innovative products, including the Long Short Fund at ICICI Prudential AMC.
As the new Head of Equity and Hybrid for Axis AMC’s SIFs, Nandik will lead the company’s efforts in this new and emerging product category. He brings a deep understanding of the derivatives market and will be responsible for growing Axis AMC’s equity and hybrid offerings in the SIFs space, pending regulatory approval.
Axis AMC’s MD and CEO, B Gopkumar, welcomed Nandik’s appointment, citing his strategic vision, practical experience, and market knowledge as key factors in driving the company’s growth in the SIFs space. He noted that Nandik’s expertise in derivatives will be a valuable asset for the company.
Nandik holds a BTech degree from IIT, Kharagpur, a PGDM in Finance from IIM, Calcutta, and a Master’s degree in Finance from London Business School. With his extensive experience and expertise, Axis AMC is well-positioned to capitalize on the growth opportunities in the SIFs space and provide innovative solutions to its investors.