At Tata MF, Gopal lead the fund management and equity research team. Agrawal confirmed the development, but refused to comment on his future plans. Industry insiders believe he is likely to join another asset management company (AMC). Tata Mutual Fund, which is the 13th largest AMC in the 42-member Indian mutual fund industry, manages assets worth Rs 47,000 crore as on March 2018.
Agrawal played an instrumental role in turning around Mirae Asset Management where he worked for 9.5 years from October 2007 to March 2017. Prior to Mirae, he has worked at SBI Mutual Fund, UTI Securities, IDBI Capital, Kotak Securities and HDFC Securites as an equity analyst.
Earlier in January 2018, Tata Mutual Fund had appointed Prathit Bhobe as MD and CEO of Tata Mutual Fund after R Ganesh, the earlier CEO moved out in July 2017.