Exit of a Market Maven: Roshi Jain Steps Down from HDFC AMC After Four Years

Updated: November 22, 2025 04:32

Image Source: Economic Times

Roshi Jain, one of India’s most respected fund managers, has resigned from HDFC Asset Management Company after a four-year tenure. Managing assets worth over ₹1.3 trillion across flagship schemes, Jain’s departure marks a significant shift for the fund house. She is expected to join another leading asset management firm soon.

HDFC Asset Management Company (AMC) has witnessed a major leadership change with the exit of Roshi Jain, senior fund manager and one of the industry’s most prominent names. Jain, who joined HDFC AMC in 2021, managed some of the largest equity schemes in India, including the HDFC Flexi Cap Fund, HDFC Focused Fund, and HDFC ELSS Tax Saver Fund.

Her departure comes at a crucial time for the fund house, which has been navigating leadership transitions since the exit of veteran CIO Prashant Jain in 2022. Roshi Jain had stepped into those “giant shoes,” successfully steering flagship funds and building investor confidence during a period of change.

Major Takeaways

Assets Managed: Jain oversaw ₹1.3 trillion in assets, with the Flexi Cap Fund alone accounting for over ₹90,000 crore AUM.

Career Background: She began her asset management career in 2005 with Franklin Templeton, later moving to HDFC AMC.

Leadership Role: Took charge of flagship schemes after Prashant Jain’s exit, ensuring continuity for investors.

Future Plans: Sources suggest she is set to join another large fund house, though details remain undisclosed.

Industry Standing: Jain is widely regarded as one of the top fund managers in India, known for her disciplined approach and long-term outlook.

Notable Updates

Jain’s exit highlights the competitive talent landscape in India’s mutual fund industry, where experienced managers are in high demand.

Her tenure at HDFC AMC was marked by steady fund performance and a focus on systematic investing rather than short-term market timing.

The move raises questions about succession planning at HDFC AMC, which has already undergone significant leadership changes in recent years.

Conclusion: Roshi Jain’s resignation underscores the dynamic nature of India’s asset management industry. With her proven track record and reputation, her next role will be closely watched by investors and peers alike. For HDFC AMC, the challenge lies in maintaining stability and investor trust as it navigates another high-profile transition.

Sources: Business Standard, Moneycontrol, LinkedIn

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