
Navneet Munot is the MD & CEO of HDFC Asset Management Company Limited (HDFC AMC). HDFC AMC manages over ₹8 lakh crore across equity and fixed income funds and serves 1.25 crore individual and institutional investors. Navneet is also on the board of HDFC International (IFSC) Limited.
In his prior role, he served as Executive Director and Chief Investment Officer (CIO) at SBI Funds Management Private Limited. As CIO, he was responsible for overseeing investments exceeding USD 150 billion across various asset classes in mutual funds and segregated accounts. He also served as a nominee director on the Board of SBI Pension Funds Private Limited. In a career spanning over three decades, Navneet also worked with Morgan Stanley Investment Management as Executive Director & Head of a multi-strategy boutique and with Birla Sun Life Mutual Fund as Chief Investment Officer – Fixed Income and Hybrid Funds. Funds managed by Navneet have won awards and recognition from independent agencies for consistent risk-adjusted returns.
Navneet is the Chairman of the Association of Mutual Funds in India (AMFI), chair of the SEBI Advisory Committee on Environmental, Social and Governance (ESG), and a member of the Board of the National Institute of Securities Markets (NISM), established by SEBI to enhance capacity and quality standards in the securities markets. He is also a board member of Bombay Chamber of Commerce and Industry (BCCI).
Navneet was Chairperson of CFA Society India and has contributed to several national and international working groups. He served on the CFA Institute’s Education Advisory Committee (EAC), which guides the Global Body of Investment Knowledge (GBIK) and the CFA Program curriculum.
Navneet is a member of the Governance Committee for the Corporate Debt Market Development Fund (CDMDF), managed by SBI Funds Management, and serves on the advisory council of the Indian Association of Investment Professionals (IAIP). He has been a key member of several committees constituted by the International Financial Services Centres Authority (IFSCA). He is also on the Advisory Committee of SEBI’s Investor Protection and Education Fund (IPEF).
Beyond finance, Navneet is part of the Governance Advisory Council (GAC) of the Indian Cancer Society (ICS), which works on awareness, detection, treatment, and support for cancer patients across India.
Navneet holds a Master’s degree in Accountancy and Business Statistics and is a rank-holding Chartered Accountant. He is a CFA Charterholder, a CAIA Charterholder, and has completed the Financial Risk Management (FRM) certification from the Global Association of Risk Professionals.
Interviews and Articles
Navneet Munot’s investment philosophy: Key takeaways from his journey
https://www.livemint.com/money/personal-finance/navneet-munot-s-investment-philosophy-key-takeaways-from-his-journey-11745226831898.html
3 investors who ran mutual fund SIPs for a decade and hit gold: What was their strategy ?
https://economictimes.indiatimes.com/wealth/invest/3-investors-who-ran-mutual-fund-sips-for-a-decade-and-hit-gold-what-was-their-strategy/Articleshow/120414068.cms
'STP': HDFC AMC's Navneet Munot shares 'only' wealth creation formula for youngsters
https://www.businesstoday.in/markets/story/stp-hdfc-amcs-navneet-munot-shares-only-wealth-creation-formula-for-youngsters-467875-2025-03-13
Person of the year 2024
https://www.hdfcfund.com/knowledge-stack/md-ceo-desk/Articles/person-year-2024
Capital Markets to continue to surprise on upside; 3 big trends to bet on
https://economictimes.indiatimes.com/markets/expert-view/capital-markets-to-continue-to-surprise-on-upside-3-big-trends-to-bet-on-navneet-munot/Articleshow/115655293.cms
'We are at an early stage of financialisation of savings'
https://www.valueresearchonline.com/stories/222235/Video-with-navneet-munot-md-and-ceo-at-hdfc-mutual-fund/
The only wealth creation formula you need to survive a market with mood swings
https://www.businesstoday.in/markets/stocks/story/the-only-wealth-creation-formula-you-need-to-survive-a-market-with-mood-swings-hdfc-amc-navneet-munot-md-447908-2024-09-28
Sensex at new heights: Long-term growth prospects hold India in good stead
https://www.business-standard.com/markets/news/sensex-at-new-heights-long-term-growth-prospects-hold-india-in-good-stead-124041000957_1.html
Why this top fund manager believes that the new age of health-tech is the Person of the Year 2023
https://www.cnbctv18.com/healthcare/navneet-munot-this-top-fund-manager-believes-that-the-new-age-of-health-tech-is-the-person-of-the-year-2023-18688611.htm
Person of the year 2023
https://www.hdfcfund.com/knowledge-stack/md-ceo-desk/Articles/person-year-2023
The Final Frontier
https://www.hdfcfund.com/knowledge-stack/md-ceo-desk/Articles/final-frontier
Investors' View: Wider participation in equity markets could enable more equitable distribution of wealth
https://www.cnbctv18.com/views/investors-view-wider-participation-in-equity-markets-could-enable-more-equitable-distribution-of-wealth-16745711.htm
ESG is part of sound investment, but has a long journey to make
https://economictimes.indiatimes.com/mf/mf-news/esg-is-part-of-sound-investment-but-has-a-long-journey-to-make/Articleshow/94326359.cms
4 ESG insights from Navneet Munot
https://www.morningstar.in/posts/64798/4-esg-insights-navneet-munot.aspx
On top of the world, yet a long way to go!
In many ways, India is now a global leader. Domestic risk capital is a critical pivot that will help us become Aatmanirbhar and prepare us for the next leap forward.
https://www.hdfcfund.com/investor-desk/message-from-MD-&-CEO/On-top-of-the-world-yet-a-long-way-to-go
Person of the Year 2022
Annual Article by Navneet Munot
https://www.hdfcfund.com/investor-desk/message-from-MD-&-CEO/person-year-2022
India -Soaring high at 75
A look back at the fascinating journey of India's capital markets and their pivotal role in shaping India's future in Amrtikaal
https://www.hdfcfund.com/investor-desk/message-from-MD-&-CEO/india-soaring-high-75
Expecting the unexpected
Over the years, financial markets have grown used to expecting the unexpected. However, it would be fair to say that 2020s have just taken this to an altogether different level.
https://www.hdfcfund.com/investor-desk/message-from-MD-&-CEO/expecting-unexpected
Person of the Year 2021
Annual Article by Navneet Munot
https://www.hdfcfund.com/investor-desk/message-from-MD-&-CEO/Person-of-the-Year-2021
Mutual funds have barely scratched the surface
Given the level of under-penetration of mutual funds and other financial products and services in the country, there is enough room for multiple asset classes and service providers to thrive and grow simultaneously.
https://www.valueresearchonline.com/stories/49925/mutual-funds-have-barely-scratched-the-surface/
Looking back, moving forward
The second wave of Covid turned out to be lot more painful but the public discourse this time was not only on ‘survival’ but also on the big R of “Revival”.
https://www.hdfcfund.com/investor-desk/message-from-MD-&-CEO/looking-back-moving-forward
Contagion of Hope
As the saying goes “A problem is a chance for you to do your best” and this was a year when the world rose to the challenge – individually and collectively.
https://www.hdfcfund.com/investor-desk/message-from-MD-&-CEO/welcoming-the-contagion-of-hope
The debate now is of active and passive
The debate now is not of active vs passive but of active and passive, as there is ample scope for both segments to grow exponentially in the years to come.
https://files.hdfcfund.com/s3fs-public/media-center/2022-11/Mr.%20Navneet%20Munot%27s%20interview%20in%20Mutual%20Fund%20Insight.pdf
The single biggest moat in India has actually been the management
https://www.valueresearchonline.com/stories/48410/the-single-biggest-moat-in-india-has-actually-been-the-management/
India and the ESG challenge
The need to integrate ESG considerations into investment analysis will only grow stronger.
https://inspire.sbimf.com/Home/Details?ID=Mzk=&Title=SW5kaWEgYW5kIHRoZSBFU0cgQ2hhbGxlbmdl
Need for large fund houses to take the lead on sustainable investing
Asset managers should pull up their values-based socks as the need to invest with an eye on ESG issues will only get stronger.
https://inspire.sbimf.com/Home/Details?ID=Mzg=&Title=
A tectonic shift in household savings and investment
India's savings patterns are likely to see a tectonic shift, with far-reaching implications for the economy and financial system- a diversification from real estate, gold etc to mutual funds and pension products
https://inspire.sbimf.com/Home/Details?ID=MTA=&Titl
The Green Investor: Navneet Munot
Following the ESG Framework while picking the right investments for a portfolio is a strategy that has reaped rich returns.
https://beta.sbimf.com/docs/default-source/esg-fund-documents/forbes-india-magazine-the-green-investor-navneet-munot.pdf
Boosting domestic equity flows key to India’s economic self-reliance, says Navneet Munot of HDFC AMC
https://www.thehindubusinessline.com/markets/boosting-domestic-equity-flows-key-to-indias-economic-self-reliance-says-navneet-munot-of-hdfc-amc/article66803769.ece
Fireside Chat with Navneet Munot, MD & CEO, HDFC Asset Management Company Limited
https://www.expresscomputer.in/videos/the-digital-leadership-symposium/fireside-chat-with-navneet-munot-md-ceo-hdfc-asset-management-company-limited/97022/
Navneet Munot of HDFC AMC shares key investing lessons for volatile times
https://www.livemint.com/news/india/navneet-munot-of-hdfc-amc-shares-key-investing-lessons-for-volatile-times-11654515193569.html
Navneet Munot Of HDFC AMC Shares His Top Investment Themes And Market Mantra
https://www.businesstoday.in/bt-tv/union-budget-2023/video/navneet-munot-of-hdfc-amc-shares-his-top-investment-themes-and-market-mantra-369766-2023-02-10
“Person of the Year 2021” by Navneet Munot, CFA
https://cfasocietyindia.org/person-of-the-year-2021-by-navneet-munot-cfa/
Looking back, Moving forward by Navneet Munot, CFA
https://cfasocietyindia.org/looking-back-moving-forward-by-navneet-munot-cfa/
Nilesh Shah, Navneet Munot and Vivek Prasad deliberate on India's growth beyond 5 Trillion Economy at TLOI's exclusive on-ground engagement
https://www.aninews.in/news/business/business/nilesh-shah-navneet-munot-and-vivek-prasad
Navneet Munot, MD & CEO, HDFC Asset Management Company honored with the prestigious Mumbai Ratna Awards 2021
https://nrinews24x7.com/navneet-munot-md-ceo-hdfc-asset-management-company-honored-with-the-prestigious-mumbai-ratna-awards-2021/
Market Outlook (Aug 2019) - Navneet Munot, CIO – SBI Funds Management Private Limited
Sustainable Investing (Aug 2019) - Navneet Munot, CIO – SBI Funds Management Private Limited
SBI MF's Navneet Munot on why it makes sense to invest in multicap funds now
https://economictimes.indiatimes.com/markets/expert-view/why-it-makes-sense-to-invest-in-multicaps-now-navneet-munot-sbi-mf/articleshow/65963026.cms?from=mdr
Firms that ignored environment got severely punished on D-Street: Navneet Munot, SBI MF
https://economictimes.indiatimes.com/markets/stocks/news/firms-that-ignored-environment-got-severely-punished-on-d-street-navneet-munot-sbi-mf/videoshow/67991817.cms
SBIMF - CIO'S Desk
https://www.sbimf.com/en-us/cio-desks?CIOSpeakcategory=Person%20of%20the%20Year
Coffee Can Investing | Navneet Munot feels investing in equities is more about EQ than IQ
https://www.moneycontrol.com/news/business/coffee-can-investing-navneet-munot-feels-investing-in-equities-is-more-about-eq-than-iq-3912741.html
Is it time to bottom fish in mid, smallcaps? Navneet Munot of SBI MF tells you
https://www.timesnownews.com/videos/et-now/companies/is-it-time-to-bottom-fish-in-mid-smallcaps-navneet-munot-of-sbi-mf-tells-you/10812
SBI CIO Navneet Munot is the new Chairman of CFA Society India
https://cafemutual.com/news/industry/14855-sbi-cio-navneet-munot-is-the-new-chairman-of-cfa-society-india
In conversation with Mr. Navneet Munot
https://annamrita.org/blog/in-conversation-with-mr-navneet-munot/
Market Outlook- May 2019 by Navneet Munot,CFA
https://cfasocietyindia.com/2019/05/08/market-outlook-may-2019-by-navneet-munotcfa/
Market Outlook (December 2017): Navneet Munot, CIO, SBI Funds management Private Limited
Person of the year 2016: Navneet Munot, CIO, SBI Funds management Private Limited
Get ready for a long winter and India should not be complacent: Navneet Munot, CIO, SBI Mutual Fund
http://economictimes.indiatimes.com/markets/expert-view/get-ready-for-a-long-winter-and-india-should-not-be-complacent-navneet-munot-cio-sbi-mutual-fund/articleshow/52967948.cms
Worst may be over for earnings, to grow 15 per cent: Navneet Munot, SBI Mutual Fund
http://economictimes.indiatimes.com/opinion/interviews/worst-may-be-over-for-earnings-to-grow-15-per-cent-navneet-munot-sbi-mutual-fund/articleshow/50373997.cms
Rural economy can be a very big driver of growth for the next couple of years: Navneet Munot, SBI Mutual Fund
http://economictimes.indiatimes.com/markets/expert-view/rural-economy-can-be-a-very-big-driver-of-growth-for-the-next-couple-of-years-navneet-munot-sbi-mutual-fund/articleshow/53809531.cms
India a stock picker's paradise, safety in large-caps: SBI MF
India stands out amongst emerging markets in the long term and is less vulnerable to global factors, says Navneet Munot, CIO of SBI MF.
http://www.moneycontrol.com/news/mf-interview/indiastock-pickers-paradise-safetylarge-caps-sbi-mf_7813661.html
The disruptive power of technology
The fund industry may have embraced machines and robots, but managing money still needs the human touch
http://www.business-standard.com/article/markets/the-disruptive-power-of-technology-116092801461_1.html
Archives from the CIO's Desk
https://www.sbimf.com/AboutUs/CIO_Desk/Archives.aspx
The green investor: Navneet Munot
SBI Mutual Fund's Navneet Munot follows the ESG framework while picking the right companies for his portfolio, a strategy that has reaped rich returns
http://forbesindia.com/article/investment-guide-2016/the-green-investor-navneet-munot/42051/0
Broaden your portfolio, don't chase defensives: Navneet Munot
Interview with CIO, SBI Mutual Fund
http://www.business-standard.com/article/markets/broaden-your-portfolio-don-t-chase-defensives-navneet-munot-113121700177_1.html
Equity Outlook: Focus on stock picking to generate alpha
http://www.business-standard.com/article/markets/equity-outlook-focus-on-stock-picking-to-generate-alpha-114121500026_1.html
Navneet Munot on credit
Navneet Munot, Executive Director and CIO, SBI Mutual Fund, shares his views during a panel discussion at the Morningstar Investment Conference held in Mumbai.
http://www.morningstar.in/posts/35400/navneet-munot-on-credit.aspx
Credit quality matters in debt funds
http://www.morningstar.in/posts/34997/3/.aspx
Mint conclave: Tax advantage for arbitrage funds should go
Panellists at Mint’s mutual fund conclave talked about various lessons learnt from their experiences in the mutual fund industry
http://www.livemint.com/Money/Ly7eHI6IxKFPNIJ5z0MOOJ/Mint-conclave-Arbitrage-causing-tax-laws-must-go.html
Videos
Indian Stocks Are Being Buffeted By Global And Local Shocks. Is There A Profitable Path Ahead?
Navneet Munot on Markets, Life and Finances | Sonia Shenoy | Money Mindset
Long-term Investing rests on the skill of delayed Gratification Navneet Munot
Balance Sheets are healthy despite…
Navneet Munot & Shankar Sharma Discuss 'Where Indian Share Market Is Headed' | IEC 2024
Inside HDFC AMC: Driving India's Wealth Creation Journey
Investing Masterclass With Nilesh Shah & Navneet Munot | BQ Prime
Keynote: Investing In The New “New Normal” | Navneet Munot, CFA | 9th Aug 2022
कैसे मिलेगी Financial Freedom? | Financial Freedom Ka Formula, Anil Singhvi और Navneet Munot के साथ
HDFC AMC's Navneet Munot Discusses The Way Ahead For Mutual Funds Industry
Navneet Munot, CIO, SBI Mutual Fund on CNBC Markets Today - The Fear Factor on 4th October 2018
Navneet Munot, CIO SBI Mutual Fund on Nivesh Ki Baat, May 2018
CNBC Awaaz Budget 2016 - 29 Feb 2016 - Mr Navneet Munot CIO, SBI Mutual Fund
NDTV Profit Value Investing Decoded Season 3 - Mr Navneet Munot - CIO, SBI Mutual Fund
The Perspective 2016, held on February 08 2016 - SBI Mutual Fund
Nivesh Ki Baat with Navneet Munot- CIO SBIMF on 13th May 2016
Nivesh Ki Baat by Navneet Munot, CIO - SBI MF
Mr. Navneet Munot, CIO, SBI Mutual Fund on Wealth Manager Bloomberg TV - July 2, 2015
Navneet Munot on Indian Economy the Entrepreneurship Summit 2014 – IIT Bombay
ET Now Market Makers 06 Feb 2016 - Mr Navneet Munot CIO, SBI Mutual Fund