Disclosure of Executive Remuneration [2019-20]

Sr No.	Name	Designation	Remuneration
1	Neil Parikh	Chief Executive Officer	₹ 91,17,624
2	Rajeev Thakkar	Chief Investment Officer	₹ 1,21,36,464
3	Shashi Kataria	Chief Operating Officer	₹ 27,64,466

Details of Top Ten employees in terms of remuneration drawn for FY 2019-20

Sr No.	Name	Designation	Remuneration
1	*Rajeev Thakkar	Chief Investment Officer	₹ 12,136,464
2	Neil Parikh	Chairman & Chief Executive Officer	₹ 9,117,624
3	Aalok Mehta	Head Investor Relations - Retail Sales	₹ 3,067,187
4	Raunak Onkar	Fund Manager ( Overseas )	₹ 2,972,109
5	Jayant Pai	Head Marketing	₹ 2,939,155
6	Shashi Kataria	Chief Operating Officer	₹ 2,764,466
7	Mahesh Sarode	Head - Investor Relations - Distributor Channel	₹ 2,574,355
8	Raj Mehta	Fund Manager ( Debt )	₹ 1,722,539
9	Shailendra Pandey	Head - Corporate Communications	₹ 1,624,231
10	Raju Shelat	Head - Back Office Operations	₹ 1,571,118

• *Employee whose annual remuneration was equal to or above one crore and two lakh rupees for FY 2019-2020
• 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 2019-20.

Ratio of CEO's remuneration to median remuneration of AMC employees : 17.81 times

Average Assets Under Management (AAUM)

₹ in Crores
Particulars	2017-18	2018-19	2019-20
Total AAUM	878.76	1463.11	2600.52
Equity AAUM	878.76	1320.97	2277.06
Debt AAUM	Nil	142.14	323.45
Rate of growth	30.07%	66.50%	77.74%

Note: PPFAS Mutual Fund launched its First Scheme in May 2013.