Aakash Chauhan

About Aakash Chauhan

As a results-driven equity trader with over 8 years of experience in dynamic financial…

Experience

1. Passive Fund Manager

   Groww Mutual Fund

   Apr 2025 — Present · Mumbai, IN

   Passive Role:• Build and maintain a portfolio that closely replicates the composition andweightage of a chosen benchmark index• Monitor and minimize tracking error, which is the difference between thefund\'s performance and the benchmark index\'s performance.• Optimize operational costs to maintain low expense ratios, a key feature ofpassive funds, ensuring higher net returns for investors.• Ensure compliance with regulations set by the Securities and ExchangeBoard of India (SEBI), including adherence to investment guidelines andethical standards.• Rebalance the portfolio periodically to account for changes in the index,such as corporate actions (e.g, stock splits, dividends, or index constituentchanges).• Prepare periodic performance reports for stakeholders, including investorsand fund houses, detailing fund performance, tracking error, and othermetrics.• Track index changes, corporate actions, and market developments toensure the portfolio remains aligned with the benchmark.• Analyze inflows and outflows to manage liquidity and maintain portfolioalignment.• Assist in designing new passive investment products, such as ETFs or smartbeta funds, based on market trends and investor demand.• Manage transaction costs arising from rebalancing or trading activities.Active Role:• Monitor and Execute buy and sell orders of equity by ensuring pricemovements• Communicate and monitor key market developments, trading ideas,regulatory changes, market volatility to CIO / Fund manager• Strong networks with quality brokers• Ensure all the trades comply with regulatory standards and Workingclosely with BO for timely and accurate trades settlementPrepare morning meeting reports and EOD trades/market reports