Trust Mutual Fund

Mr. Utpal Sheth is the founder and mentor of Trust Group, one of India’s prime finance management firms. Apart from this, he also serves as the CEO and Senior partner of RARE Enterprises, a proprietary asset management firm with AUM exceeding $1Bn, and co-manages Chanakya Wealth Creation. With vast experience in assets and securities management, he has previously assumed the roles of Principal Relationship Manager with Enam Financial Consultants, Director at HRS Insight Financial Intermediaries, CEO with Insight Asset Management, and Head of Research at ASK Financial Consultants. Holding directorships in multiple publicly listed companies, he has also contributed to the education domain by visiting faculty for Capital Market-related courses in numerous business schools and institutions.

Ms. Nipa Sheth is the founder and Director of Trust Group, one of the key players in the wealth management industry of India. Utilizing her rich background in market analysis, she serves as a member on various committees, including the HR Khan Committee Round table on developing the corporate bond market, Advisory Board – NSE, and ASSOCHAM National Council on Capital Market. With the help of her commendable guidance and mentorship, TRUST Group has won the prestigious IFR Asia’s India Bond House for the years 2014 and 2017.

Mr. Nerurkar was associated with Tata Steel for more than 35 years. After joining the company in 1972, he gained immense experience in the managing sector, eventually becoming the Managing Director in India and South East Asia Operations. He currently oversees much of the operations at Tata as the Chairman of the Board of Directors in TRL Krosaki Refractories Limited (formerly Tata Refractories Limited – a JV company of Tata Steel and Krosaki Harima Corporation, Japan) and NCC Ltd (formerly Nagarjuna Construction Company Limited). Besides the roles mentioned above, he fulfills other directorial duties at Tega Industries, Adani Enterprises Ltd., Skill Council for Mining Sector, Crompton Greaves Consumer Electricals Ltd, DFM Foods Limited, etc. Possessing expansive knowledge in the field of finance and management has helped him achieve prestigious accolades, including CEO with HR orientation by Star New and Asia’s Best Employer Brand Awards, Best CEO of the Year Award – 2011 conferred by Indian Institute of Materials Management, and “Icons of Maharashtra” award by the CBD Foundation.

Mr. Agarwal has profuse experience in taxation, securities markets, and commodities markets. His most prominent roles were as the Whole Time Member of SEBI for 5 years, along with being the Commissioner of the Regulatory Commission. Apart from this, he was associated with the investigation and enforcement divisions of the Indian Revenue Service, participating in quite a few policy reforms in security instruments such as Mutual Funds, AIFs, Foreign Portfolio Investors, International Affairs, Market Intermediaries, Legal and Surveillance affairs. He was engaged in Indo-US Economic and Financial form at an international platform. On a consultative front, he guides Indian startups about regulatory issues, administration, and funding. He is an active advisory to domestic corporates and a few global firms that want to achieve a better understanding of the Indian market.

He is the fund manager for the Fixed Income schemes at Trust Asset Management. He has worked with the Trust Group across different departments and roles for about two decades.

Some areas he has served in include Research & Analysis, Advisory Services, and Portfolio Strategies. Before taking up this role at Trust AMC, he managed the Fixed Income Portfolio Management Services.