Published on 23/03/2026 12:42 PM
Axis Mutual Fund’s problems start at the topThree CIOs in 10 years have tried to improve the performance of its funds and to lure new investors. Will the fourth one be the charm?By Furquan Moharkan March 23, 2026, 12:42:26 PM IST (Updated)Axis Mutual Fund has appointed a new Chief Investment Officer (CIO). Its strategy and product head — R Sivakumar — has been elevated as Chief Investment Officer of the bank. He’d be the fourth person to occupy the chair at the eighth-largest fund house by assets under management in India in 10 years — Pankaj Murarka (till 2016), Jinesh Gopani (2016-2023), Ashish Gupta (2023-2026), and Sivakumar (incumbent). Continue Reading with CNBC-TV18 Access MembershipPriority Access and Networking: CNBC-TV18's flagship events Interaction with CNBC-TV18's journalists Webinars & LIVE Q&As with India Inc. Leaders Exclusive CNBC-TV18 studio & newsroom tours Premium business insights, expert opinions & analysis Curated lifestyle privileges & offers