Mumbai(IndiaPRwire)
Nine aspirants will battle for the crown of the best amateur ‘Indian Investor of the Year’, in the last phase of a reality television game show, presented by ING Vysya Mutual Fund, in association with CNBC Awaaz TV channel. The nine finalists, who were short listed by an eminent jury panel from amongst 6,000 registered participants, will be seen battling for top honor during the ‘Indian Investor of the Year’ show episode to be telecast on CNBC Awaaz TV channel at 7 p.m. on June 2 and at 9:30 p.m. on June 3, 2007.
Mr. Vikaas M. Sachdeva, Country Head – Business Development, ING Vysya Mutual Fund, says, “ING Vysya Mutual Fund, in association with CNBC Awaaz TV channel, conceptualized the innovative game show with the idea of hunting for the ‘best amateur’ investor in the country and also to connect to the ever-growing investor community. ING Vysya Mutual Fund has given an opportunity of a lifetime to aspirants and the 9 finalists to prove their investment business and fund management skills in addition to the other ancillary soft skills. The winner might get a chance to undergo a training program in Hong Kong and could probably land a Job at ING Vysya Mutual Fund.”
The 9 finalists Mr. Ashish Mahajan (Gurgaon), Mr. Greenize Jain (New Delhi), Mr. Rahul Garg (New Delhi), Mr. Dewang Rajpal (Mumbai), Mr. Naveen Singh (Mumbai), Mr. Sujit Sharma (Kolkata), Mr. Bharat Arora (Ahmedabad), Mr. Neeraj Khaitan (Kolkata) and Mr. V Mahajan (Kolkata) will now individually plan out their portfolios. At the end of each week, an eminent Jury Team would eliminate 2 candidates based on their performance.
The jury comprises renowned personalities of the corporate world, many industry veterans and technical analysts. Mr. Dhirendra Kumar, founder and CEO of Value Research and India’s foremost expert on mutual funds, was an active member of the Jury. The other panelists include:
Mr. Jayesh Desai, General Manager, Torrent Group
Mr. Rostow Ravanan, Co-founder, CFO and Company Secretary of MindTree
Mr. Ravi Sud, Senior Vice President & CFO, Hero Honda
Mr. Puneet Jain, Ex-Editor Economic Times, Investors Guide
Mr. Jagdish Singh, Head – Treasury, ITC Limited
Mr. Abhay Aima, Country Head-Equity, Private Banking & Third Party Products, HDFC Bank
Ms. Kavita Hurry, MD & CEO, ING Vysya Mutual Fund
Mr. Vikaas M Sachdeva, Country Head – Business Development, ING Vysya Mutual Fund
Mr. Anil Singhvi, Markets Editor, CNBC Awaaz
Mr. P. B. Parasnis, Assistant MD and CFO, Finolex Cables Ltd
Mr. Nitesh Chand, Head of Research and Chief Technical Analyst at Sykes and Ray Equities (I) Ltd.
In Phase 1, 6,000 participants registered themselves to build a virtual portfolio with a notional corpus on moneycontrol.com. The portfolios were evaluated on both qualitative and quantitative parameters. In Phase 2, 200 of the best performing portfolios from these entries were short listed for the next round. These 200 candidates were interviewed by an eminent Jury across 6 cities: Ahmedabad, Bangalore, Delhi, Kolkata, Mumbai and Pune. The jury judged them on various parameters including knowledge of markets, analytical abilities, communication skills, news awareness, etc. While the initial elimination round looked at absolute returns, thereafter, it became an entirely different ballgame. In Phase 3, the distinguished Jury short listed 25 candidates based on their performance. These 25 contestants were then dividend into 5 teams. Each team had to work together to construct portfolios with the given notional corpus of Rs. 10 crores. In addition to this, various challenges were thrown their way while they were trading and they were also given a few tasks to accomplish. At the end of one week, the Jury Team evaluated their performance and selected the Lucky 9, who made it to the final round.
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