Founder, MD & CEO – IIFL Wealth
Karan Bhagat is the Founder, Managing Director, and Chief Executive Officer of IIFL Wealth & Asset Management. Karan joined IIFL Holdings Ltd. (formerly India Infoline) to set up IIFL Wealth & Asset Management in 2008.
Karan has more than two decades of experience in the financial services industry. He is responsible for providing direction and leadership towards the achievement of the organization’s philosophy, mission, vision and its strategic goals and objectives. He has built a team of experienced and talented professionals, who manage some of the most distinguished families in India & abroad.
Under his able leadership, IIFL Wealth & Asset Management has grown from its humble beginnings to one of the leading wealth management companies in India managing more than USD25 billion in client assets.
He featured in Fortune India’s ‘40 under 40’ list in 2016 and 2017 and The Economic Times ‘40 under Forty’ list in 2017. He has received the URS Asia One Global Indian of the Year award in 2018. Karan holds an MBA in Finance from the Indian Institute of Management, Bangalore and acquired his bachelor’s degree in Commerce from St. Xavier’s College, Kolkata.
PMS Product Performance
|Company Name /
|Product Name||Fund Manager||Date of inception||AUM||1m return||3m return||6m return||1y return||2y return||3y return||5y return||10y return||Since inception return|
|IIFL Wealth & AMC Multicap||Multicap||Anup Maheshwari||31 Dec 2014||3461.58||-2.4%||-5.7%||-4.9%||17.7%||33.7%||19.7%||16.9%||-||19.1%|
|IIFL Wealth & AMC Multicap Advantage||Multicap Advantage||Anup Maheshwari||01 Dec 2017||-||-2.4%||-5.8%||-5.1%||14.9%||27.7%||18.9%||-||-||15.5%|
|IIFL Wealth & AMC Phoenix Portfolio||Phoenix Portfolio||Anup Maheshwari||01 Jan 2021||-||1.1%||-2.7%||-1.5%||23.1%||-||-||-||-||20.2%|