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PPFAS Mutual Fund :: About Us :: Disclosure of Executive Remuneration

Disclosure of Executive Remuneration [2016-17]

Sr No. Name Designation Remuneration
1 Neil Parikh Chief Executive Officer ₹ 37,08,400
2 Rajeev Thakkar Chief Investment Officer ₹ 1,17,25,585
Details of top 10 employees in terms of remuneration drawn for FY 2016-17
Sr No. Name Designation Remuneration
1 Rajeev Thakkar Chief Investment Officer ₹ 1,17,25,585
2 Neil Parikh Chairman & Chief Executive Officer ₹ 37,08,400
3 Jayant Pai Head Marketing ₹ 26,61,442
4 Aalok Mehta Head Investor Relations - Retail Sales ₹ 25,75,369
5 Raunak Onkar Fund Manager ( Overseas ) ₹ 25,31,833
6 Mahesh Sarode Head - Investor Relations - Distributor Channel ₹ 21,86,256
7 Shashi Kataria Head - Accounts & Taxation ₹ 21,26,793
8 Raju Shelat Head - Back Office Operations ₹ 13,71,919
9 Shailendra Pandey Head - Corporate Communications ₹ 13,10,895
10 Raj Mehta Fund Manager ( Debt ) ₹ 12,91,058
  • AMC has no other employee who is paid annual remuneration equal to or above one crore and two lakh rupees for FY 2016-2017.
  • AMC has no employee who's monthly remuneration in the aggregate was not less than eight lakh and fifty thousand rupees per month for a part of the FY 2016-17.

Ratio of CEO's remuneration to median remuneration of AMC employees : 7.73 times

Average Assets Under Management (AAUM)
₹ in Crores
Particulars 2014-15 2015-16 2016-17
Total AAUM 495 609 675.6
Equity AAUM 495 609 675.6
Debt AAUM Nil Nil Nil
Rate of growth 84.75% 23.03% 10.94%
Note: PPFAS Mutual Fund launched its First Scheme in May 2013.