- January 2, 2026
- Posted by: vidhi@india.cfasociety.org
- Category:
For more than 18 years, Shamit led the offshore funds group at Indian asset manager(s), advising or raising ~6BN USD of cumulative investments of institutional or wholesale clients largely in Asia, Europe and GCC. His career includes previous significant tenures with ICICI Prudential AMC and Nippon Life India AMC, working alongside their affiliates worldwide. Shamit brings a unique perspective of advising Foreign Portfolio Investors into Indian public markets since early mid 2000’s, developing several international equity MF strategies for Indian clients, and executing cross border partnerships with managers in USA, Japan and other regions. He has been a contributor on the AMFI ESG working group for mutual funds, and directly led industry led group advocacy and recommendations to simplify regulations for the onshore management of offshore funds or the safe harbour clause (popularly known as Section 9A). His expertise spans all functional aspects of developing and advising offshore fund strategies and expanding international business for asset managers. Earlier, he was seconded to Nippon Life Insurance Japan to collaborate for funds and related synergies between the Indian and Japanese shareholder. He started his career with financial firms in NewYork, Boston and Mumbai. He holds a MBA from Boston College, M.Com and B.Com degrees from University of Mumbai. He is a CFA Charterholder and Board Member at the CFA Society India (Indian Association of Investment Professionals)