Drawing a sharp line between the cash-spinning business models of America’s “Magnificent Seven” stocks and the cash-burn dynamics of newer AI firms, Rajeev Thakkar, the CIO of PPFAS Mutual Fund and prominent value investor, comes out in defense of their valuations. The US, he says, remains a far safer investment destination than cheaper Chinese equities.
Rajeev Thakkar Age
As per the official information Rajeev Thakkar is 51 years old.
Rajeev Thakkar Daughter
Rajeev Thakkar daughter name is Dhavni Thakkar.
Rajeev Thakkar Net Worth
Rajeev Thakkar’s net worth is not publicly disclosed, but he is the Chief Investment Officer and Director at PPFAS Asset Management Mutual Fund.
His compensation is tied to his leadership role at the company, which manages over ₹1 lakh crore in Assets Under Management (AUM) for its flagship fund, and his overall compensation is likely substantial given his long and successful career in the finance industry.
Rajeev Thakkar Educational Qualification
Rajeev Thakkar’s qualifications include a Bachelor of Commerce (B.Com) from Bombay University, and professional certifications as a Chartered Accountant, Cost Accountant, CFA Charterholder, and CFP Certificant. He also holds a Master’s degree in Finance and has completed executive education from Harvard Business School.
Rajeev Thakkar Salary
Rajeev Thakkar’s salary is not publicly disclosed as a specific annual figure, but his total compensation is subject to approval by the PPFAS board and is capped at Rs. 60 crore for his tenure from November 1, 2023, to October 31, 2026.
This overall amount can be varied, and standard minimum remuneration applies if profits are insufficient, subject to the limits under the Companies Act, 2013.
Rajeev Thakkar View on Market
Fund manager Rajeev Thakkar advocates for simplicity and focus in volatile markets, advising investors to “do nothing when there is nothing to do.” He emphasizes valuation discipline over global events for maintaining cash reserves.
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