Portfolio manager based in Pune
Janak Merchant Securities Pvt. Ltd is a portfolio management company based in Pune and registered with SEBI (Registration Number INP000001215) that invests in listed Indian Equities. The firm has five decades of experience in the Indian Capital markets. The business started as a traditional stock-broking firm and investment-banking business. An emotionally and financially difficult decision – a transition to an asset management business – was made in year 2005 and the firm launched its Portfolio Management Service. The firm's clients are individuals and amongst them some families for whom the firm has been advising them for three generations now.
Sorted by 3-year return. Returns are TWRR, net of fees; CAGR above 1 year.
Dynamic Investment Approach
Janak Merchant
Founder and Managing Director
Founded the Pune Stock Exchange in 1983. Been a part of the transformation in the Indian financial markets. Has been instrumental in moving the business from a stock broker to an Asset Manager. 50 years experience in Stock-broking and Investment Banking.
Jaideep Merchant
Founder and Chief Investment Officer
CA, CFA
Chartered Accountant and CFA Charter holder. 25 years' experience in fund management and equity research. Successfully managing portfolios of clients at Janak Merchant Securities since 2005.
Saher Merchant
Compliance Officer
Member of ICAI
Saher brings close to 20 years of experience in Accounting, Auditing, Company Law and Financial Markets. She began her career with A.F. Ferguson & Co. followed by Deloitte Haskins & Sells and joined the company in 2008. She is our Compliance Officer and a Member of the Institute of Chartered Accountants of India (ICAI).
Karan Sandhu
Business Development
Karan manages all our client relationships which involves effective communication of our investment strategy of existing and prospective clients. He has been with the company for the last seven years and brings almost 12 years of experience in the Capital Markets. He has earlier worked with Anagram Finance and Dalal & Broacha. He also worked in dealing, equity research and distribution of mutual fund products. He is an alumnus of the Mumbai University.
Samarth Shedshale
Research Analyst
Samarth is a Research Analyst with 7 years of experience. He worked at BP Equities, Mumbai in their PMS division. He has extensive knowledge of small-cap stocks across industries. He studied Mechanical Engineering at University of Pune.
Investments in securities markets are subject to market risks. Read all the related documents carefully before investing. Past performance is not indicative of future returns.
Jayalaxmi Rajendran
Operations
Jaya has been a part of the company for close to three decades and is one of the pillars of our back-office operations. She looks after clearing & settlement operations as well as client onboarding. Her perspective of the evolution the Indian Equity markets from an operation viewpoint and deep understanding of most of our client relationships is key to running our operations smoothly.
Ritu Shah
Research Analyst
CFA Level 3 passed
Ritu is a Research Analyst with 3 years of experience and has passed the CFA Level 3 examination. She has been with the Company since 2021.
Sujata Thorave
Fund Accounting
BSc, PGDM
Sujata is responsible for Fund Accounting and manages our custodial relationship as well. She has worked for almost 11 years in the equity markets starting with dealing, clearing & settlement and now fund Accounting. She is with the company since 2011. She completed her Bachelors in Science from Pune University and her PGDM from Pune University.
Madhuri Kulkarni
Client Servicing
Masters in Computer Management
Madhuri has been a part of the financial services industry for the last sixteen years. Having extensive knowledge of the Non- Life Insurance Industry operations. She has worked at Bajaj Allianz, TATA AIG, ICICI Lombard and Maruti Nexa. She has been with the company since 2019. Her job involves client servicing. She has completed her Masters in Computer Management from the Pune University.
Tanya Ratna
Compliance and Operations
B.Com
Tanya has three years of experience in the Wealth Management Industry and holds a Bachelor of Commerce degree from Pune University. She is pursuing her Master of Business Administration (MBA) in Finance. She oversees client onboarding and regulatory compliance functions.
Vinita Choudhary
Fund Accounting
B.Com, MBA
Vinita holds a Bachelor of Commerce degree and a Master of Business Administration (MBA) in Accounting and Finance. She is a part of the Fund Operations and Accounting team.
Vedang Gaidhani
Junior Research Analyst
B.Com; pursuing CFA
Vedang is a part of the Research team. He holds a Bachelor of Commerce degree from the Pune University and is currently pursuing CFA.
Madhushree Pillay
Risk Management
Cost and Management Accountant
Madhushree Pillay is a qualified Cost and Management Accountant with over 5 years of professional experience at a reputed hedge fund administrator.
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