Former Jio BlackRock Mutual Fund manager Prateek Nigudkar joins Shriram AMC

Shriram Asset Management Company Ltd. (Shriram AMC) has appointed Prateek Nigudkar as Senior Fund Manager, the company announced on Tuesday.

Nigudkar joins from Jio BlackRock Mutual Fund, where he was part of the equity investments team. He had joined Jio BlackRock in February 2025 and contributed to shaping the fund house's overall investment strategy.

At Shriram AMC, Nigudkar will support portfolio management and investment strategy development, particularly in areas that integrate quantitative models with fundamental research.

“We are excited to welcome Prateek to Shriram AMC. His deep expertise in quantitative portfolio construction and multi-asset strategies aligns perfectly with our Quantamental philosophy—blending quantitative analysis with fundamental research to deliver differentiated investment solutions. Prateek’s addition strengthens our core investment team as we continue building a world-class asset management platform,” said Kartik Jain, Managing Director and CEO, Shriram AMC, in a statement.

Nigudkar brings over 13 years of experience in fund management, asset allocation, and equity research. Before his four-month stint at Jio BlackRock, he spent seven years at DSP Mutual Fund, where he managed multiple strategies including Quantitative, Fundamental, and Asset Allocation funds. His work at DSP included designing investment frameworks that blended data science with bottom-up research.

He began his career at Credit Suisse, where he worked for more than five years as a Quant and Thematic Research Analyst. In that role, he developed analytical tools and provided investment insights for institutional and private clients.

Nigudkar holds a master’s degree in Quantitative Finance from the Olin Business School at Washington University in St. Louis. He has cleared all levels of the CFA and FRM programs.

“I am delighted to be part of Shriram AMC’s growth journey and look forward to applying my experience in data-driven investment strategies to build innovative solutions. It’s a privilege to join a company that’s deeply committed to investor outcomes and long-term value creation,” said Prateek Nigudkar on his appointment.

Nigudkar’s addition to the team is part of broader efforts to strengthen the AMC’s investment bench. “With Sanlam—South Africa’s largest asset manager—coming on board as a promoter, Shriram AMC is committed to strengthening its talent pool and investment processes to deliver innovative, customer-centric solutions, further reinforcing its position in the mutual fund industry,” the company said in a statement.

Shriram AMC, part of the Shriram Group, received a ₹105 crore investment from Sanlam in May. Sanlam became a co-promoter through a preferential allotment of 38.89 lakh shares.