
Cat III · Managed by Aditya Birla Sun Life AMC
Complex or leveraged strategies — long-short, hedge-fund-style and quant funds. Often open-ended, within SEBI leverage limits.
Aditya Birla Capital Limited (“ABCL”) is a listed systemically important nondeposit taking Non-Banking Financial Company (NBFC) and the holding company of the financial services businesses. ABCL and its subsidiaries/JVs provides a comprehensive suite of financial solutions across Loans, Investments, Insurance, and Payments to serve the diverse needs of customers across their lifecycles. Powered by over 66,000 employees, the businesses of ABCL have a nationwide reach with over 1,742 branches and more than 200,000 agents/channel partners along with several bank partners. ABCL and its subsidiaries/JVs manage aggregate assets under management of about Rs. 6 Lakh Crore with a consolidated lending book of over Rs 1.90 Lakh Crore as of Dec 31, 2025.
Salvin Shah
Fund managerPortfolio Manager - Alternate Assets - Equity
ICAI member, B.Com
Mr. Salvin Shah has over 13 years of experience in portfolio management and equity research. His investment approach focuses on maximizing investor returns while closely monitoring portfolio risk. He has demonstrated success in identifying investment themes and stocks at an early stage, resulting in multi-bagger outcomes for investors. Before joining ABSLAMC, he worked as Co-Fund Manager in the PMS business at Sanctum Wealth Management and was previously associated with the equity research teams at Edelweiss Securities and Athena Investment Management. He is a Member of the Institute of Chartered Accountants of India (ICAI) and is a Commerce graduate from the University of Mumbai.
Ashok Suvarna
Chief Executive Officer
Ashok Suvarna leads Aditya Birla Money Limited as CEO. He brings extensive experience in capital markets, broking operations and financial services leadership, driving strategic growth and digital transformation initiatives across the business.
Ravindera Nahar
Chief Financial Officer
Ravindera Nahar oversees financial strategy, compliance and corporate governance at ABML. He has significant experience in financial management, regulatory frameworks and capital market operations.
Vivek Mahajan
Head – Equity Research & PMS
Vivek Mahajan heads Equity Research and Portfolio Management Services at ABML. He leads research-driven investment strategies, thematic coverage and portfolio construction across multiple market segments.
Hemant Thukral
Head – Derivative Research
Hemant Thukral leads the derivatives research division, focusing on technical analysis, market trends and trading strategies across equity derivatives and related instruments.
Anju Jumde
Head – HR & Administration
Anju Jumde oversees human resources and administration functions, supporting organizational development, talent strategy and operational governance within the company.
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Saurabh Shukla
Business Head – Broking & Distribution
Saurabh Shukla leads broking and distribution operations, focusing on client acquisition, channel partnerships and revenue expansion across retail and institutional segments.
Karan Dave
Head - Alternate Investments - Fixed Income
MBA (IIM Bangalore), Chartered Accountant
Mr. Karan Dave brings over 19 years of experience in Project and Structured Finance, with more than 15 years of association with the Aditya Birla Group. He played a key role in scaling up the Project and Structured Finance portfolio at Aditya Birla Finance and has previously worked with ICRA and Maruti. He holds an MBA degree from the Indian Institute of Management, Bangalore, and is a Rank Holder Chartered Accountant.
Vishakha Mulye
BoardNon-Executive Director
Sandeep Asthana
BoardNon-Executive Director
Manjit Singh
BoardNon-Executive Director
Sushil Agarwal
BoardNon-Executive Director
Navin Puri
BoardIndependent Director
Sunder Rajan Raman
BoardIndependent Director
Ramesh Abhishek
BoardIndependent Director
Supratim Bandyopadhyay
BoardIndependent Director
Anita Ramachandran
BoardIndependent Director
See every PMS strategy and AIF from Aditya Birla Sun Life AMC.