The appointment takes effect a day after Aditya Mulki’s resignation as chief executive takes effect
Navi Mutual Fund has appointed Subramaniam T as Chief Executive Officer of Navi AMC, effective 7 October 2026, according to a Value Research report dated the same day.
Leadership change
The appointment follows the exit of Aditya Mulki, whose resignation as CEO of Navi Mutual Fund took effect on 6 October 2026. Mulki also served as a Whole-time Director of Navi AMC and earlier led the company's investments. Reports on the change do not state the reasons for his departure.
About Navi AMC
Navi AMC Limited is the investment manager of Navi Mutual Fund. The fund house was founded by Flipkart co-founder Sachin Bansal and Ankit Agarwal, and the group entered mutual funds in 2021 by acquiring Essel Mutual Fund and renaming it Navi. It is known for low-cost index funds. Groww’s listing puts its assets under management at about ₹10,030 crore, as of the end of the most recent quarter at the time of its update.
What’s not yet public
The reports I found do not give Subramaniam T’s previous role or career background, any statement from him or Navi’s leadership, or details of regulatory approvals.