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Trustee Company

( Essel MF Trustee Limited )

Essel MF Trustee Limited (the "Trustee"), through its Board of Directors, shall discharge its obligations as Trustee of the Mutual Fund. The Trustee ensures that the transactions entered into by the AMC are in accordance with the SEBI (Mutual Funds) Regulations, 1996 and will also review the activities carried on by the AMC.

Mr. Arvind Jadhav


Mr. Arvind Jadhav has 38 years of experience in government and corporate governance - tourism; aviation; energy - gas, coal, thermal electricity, project, worked as CEO of federal and provincial level organizations in aviation, energy, finance, minerals, housing & urban development, and textiles.

He had also Board level experience for last 30 years.

He has earlier held various senior positions including Chief Secretary Government of Karnataka, Head of the State bureaucracy in Karnataka, assisting the Council of Ministers and the State Cabinet and carrying out the Cabinet decisions and many other senior positions.

Mr. Sudhir Joshi


Mr. Sudhir Joshi has over 38 years of experience in the banking industry out of which the last 15 years he was with private sector banks as a member of the top management team.

Mr. Joshi was previously associated with State Bank of India, Times Bank Ltd. (later merged with HDFC Bank Ltd.) and HDFC Bank Ltd. He is also director on the Board of various other companies.

Mr. Arun V. Goel


Mr. Arun V. Goel is a senior private equity / financial services professional with over 35 years of experience in real estate investments / funding, and financial services, of which over 15 years have been as CEO / MD in Board level positions. He is a B. Tech. from IIT Kanpur, and is also the Fellow of The Indian Institute of Valuers.

He was formerly the CEO of LICHFL Asset Management Co. a private equity asset management business promoted by the LIC Group. Mr. Goel has also worked with DHFL Venture Capital India Pvt. Ltd. as C.E.O. and Chairman of Investment Committee, Insignia Brooke as Managing Director & CEO, and before that with Lloyds Housing Finance Ltd. as President & CEO.

Mr. Goel is active in consulting on private equity, & investment structuring for private equity investors and companies in real estate and infrastructure sectors as Principal and CEO of India Development & Real Estate Advisors. He is also mentoring SAAS startups focused at developing business solutions targeted at banking / financial services/real estate construction.

Mr. Goel is presently an Independent Director on the Boards of Essel Finance Home Loans Ltd., Superwise Solutions Private Limited, and Virtspaces Private Limited.

Dr. M. Yousuf Khan


Dr. M. Yousuf Khan is a Science Graduate from University of Kashmir and has also completed Doctorate of Philosophy in Business Management (PHD) from Burkes University in U. K.

Dr. Khan has earlier held various senior positions including Chairman of J & K Bank, Managing Director of J & K Agro Industries Development Corporation, Managing Director of J & K Tourism Development Corporation, advisor for Berenson & Company, New York, advisor for Yes Bank, Director of Steel Authority of India, IREDA.

Dr. Khan was also nominated as Member of the Chhattisgarh Economic Advisory Committee, Government of India, Member of the Banking and Financial Institutions Committee of FICCI and Member of the Managing Committee of India Banking Association, Mumbai.

Dr. Khan is the recipient of several prestigious awards like (a) Udyog Rattan award, (b) Pride of India & IMM award, for excellence as top professional manager, (c) Excellence Award by Institute of Economic Studies, and (d) Star Achievers Award.

Dr. Khan is presently Director & Chairman of Chenab Valley Power Projects Jammu, Unitech Corporate Parks ISLE of Man UK, ETA Star Health Insurance Company, Chennai and Raheja Developers, New Delhi.

Terms and Conditions of Appointment of Independent Directors