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The seasoned fund manager is expected to build the equity vertical at the fund house, with a focus on retail equities.

Veteran fund manager Mihir Vora is set to join Trust Mutual Fund as chief investment officer, according to two people with direct knowledge of the matter, who requested anonymity.
“He is expected to join Trust MF by mid-October,” says one of the two people cited above.
Trust Mutual Fund is sponsored by Trust Investment Advisors Pvt. Ltd, a company promoted by Nipa Sheth, wife of Utpal Sheth, senior partner and CEO of stock-trading firm Rare Enterprises. The company declined to comment on the queries sent by The Morning Context.
Vora had been chief investment officer at Max Life Insurance since …
The acquisition of IDBI Bank puts his Fairfax smack dab in the middle of the RBI’s rules on bank ownership. It must now decide whether to sell CSB Bank or merge the two lenders, neither of which will be easy.
Once seen as a threat, global capability centres appear to be becoming a potential growth driver for the country’s IT giants.
Lenders stand to gain a lot more than borrowers in the current challenging market environment