Mumbai:TRUST Mutual Fund today announced the appointment of Mr. Saurabh Kataria as Head – Equities at TRUST Asset Management Private Limited. With over two decades of experience in the financial services and investment industry, Mr. Kataria brings deep expertise in equity investment strategies, marking an important milestone for the organisation.
Prior to joining TRUST Mutual Fund, Mr. Kataria was Senior Fund Manager – Equities at Axis Max Life Insurance, where he managed approximately ₹24,000 crore (~US$ 2.7 billion) as on 31st March 2026 in equity assets across the High Growth Mid Cap Fund and Growth Super Large Cap Fund. During his tenure, these funds demonstrated consistent performance against benchmarks and strong peer rankings.Mr. Kataria’s career also includes stints as Fund Manager at BOI AXA Mutual Fund, and earlier roles as Equity Analyst at Goldman Sachs (India) Securities Private Limited where he developed a strong foundation in equity research and portfolio management.
Commenting on the appointment, Mr. Sandeep Bagla, Chief Executive Officer, TRUST Mutual Fund, said, “We are delighted to welcome Saurabh as a key member of the investment team. His strong track record, disciplined investment approach, and deep understanding of equity markets will add long-term value for our investors.”
Mr. Mihir Vora, Chief Investment Officer, TRUST Mutual Fund, added, “Saurabh brings a rare combination of extensive market experience and analytical depth. His ability to navigate diverse market cycles will be an asset as we continue to build and scale our equity offerings.”
Expressing his views on joining TRUST Mutual Fund, Mr. Saurabh Kataria said,“I am pleased to join TRUST Mutual Fund at this stage where a strong foundation has been created in terms of the team and performance. I look forward to further strengthen equity strategies, with a focus on disciplined processes and consistent long-term outcomes for investors.”
This appointment is expected to further expand the bandwidth of the fund house’s equity platform and support its long-term growth objectives.
About TRUST Mutual Fund
TRUST Mutual Fund launched its first equity scheme in April 2024 and the total AUM of TRUST Mutual was over INR 4,200 crores as on March 31, 2026*. The fund house follows a clearly defined investment framework with a focus on disciplined processes and risk-adjusted returns.
TRUST Mutual Fund has been established as a Trust under the Indian Trusts Act, 1882, sponsored by Trust Investment Advisors Private Limited (liability restricted to ₹1 lakh).
Trustee: TRUST AMC Trustee Private Limited
Investment Manager: TRUST Asset Management Private Limited
The AMC reserves the right to make modifications and alterations to this statement as may be required from time to time. The AMC (including its affiliates), the Mutual Fund, the trust and any of its officers, directors, personnel and employees, shall not liable for any loss, damage of any nature, including but not limited to direct, indirect, loss in any way arising from the use of this material in any manner. The information contained herein should not be construed as a forecast or promise nor should it be considered as an investment advice.
For more information, visit www.trustmf.com
Mutual Fund investments are subject to market risks, read all scheme related documents carefully.
*Disclosure of percentage of AUM by geography
| Geographical Spread | % of Total AUM as on the last day of the Quarter |
| Top 5 Cities | 64.70% |
| Next 10 Cities | 13.64% |
| Next 20 Cities | 3.98% |
| Next 75 Cities | 3.35% |
| Others | 14.33% |
Quarterly Average AUM (Rs. in crores) as on March 31, 2026
| Particulars | Debt | Equity | Hybrid | Total |
| Quarterly Average AUM (Rs. in crores) as on March 31, 2026 | 1,355.43 | 2,826.99 | 70.53 | 4,252.96 |
