Citrus is associated with freshness and purity. It is also a source of a vital nutrient and adds value to the consumer. These are the core values of Citrus Advisors.

  • Citrus Advisors was founded in 2012 by Mr. Sanjay Sinha (ex-CEO L&T Mutual Fund, ex- CIO SBI Mutual fund, ex-Fund Manager UTI)
  • It is now co-promoted by Mr. M Damodaran (Founder of Excellence Enablers, ex-Chairman SEBI, ex-Head of IDBI, ex-Chairman UTI)
  • Our primary strength currently is Indian equities and we intend to add multiple asset classes in our repertoire going forward.
M. Damodaran
(Co-promoter Citrus Advisors)
(Founder-Excellence Enablers and
ex-Chairman SEBI, UTI ,IDBI)
Sanjay Sinha
(Founder, Citrus Advisors)
(ex- CEO L&T MF, ex-CIO SBI MF,
ex- Fund manager UTI)

Sanjay Sinha - Founder

Sanjay Sinha: Sanjay was till recently the CEO of L&T Mutual Fund which was known as DBS Chola Mutual Fund before it was acquired by L&T Finance in January 2010. During his 3 year stint with the company, he has managed to grow the assets under management fivefold.

Before joining DBS Cholamandalam Asset Management in September 2008, Sanjay was the Chief Investment Officer at SBI Mutual Funds.

He started his career with UTI AMC Pvt. Ltd. and was with them for over 16 years. Funds managed by him were the first few funds from UTI that won awards for their performance. Sanjay joined SBI Funds Management in 2005 (a joint venture between SBI and Societe General Asset Management (SGAM)). During this tenure, the Fund House won 34 awards in a span of 3 years i.e. from 2005 – 08 for the performance of its funds. In this period funds managed by SBI Funds Management grew from Rs 6500 crs to Rs 36000 crs.

He has managed the entire spectrum of equity funds - from exchange traded fund, index funds, diversified equity to sector funds. In UTI he has also had hands on experience in sales and marketing and operations in the initial part of his stint. He, therefore, has the unique distinction of having an experience in all the three key areas of functioning of a mutual fund – mobilization of funds, investments and investor servicing.

He is currently also an active member of Mumbai Angels.

He has also served as a Director on the Board of Association of Mutual Funds in India (AMFI)

He is an Honours Graduate in Economics from University of Delhi and a Post Graduate from IIM Calcutta.

M. Damodaran - Chairman and Co Promoter, Citrus Advisors

40+ Years of experience in India’s Financial sector across Institutions

  • Founder & Chairperson of Excellence Enablers (one of India’s esteemed Corporate Governance Advisory firm)
  • Currently Board Member of several marquee organization (L&T, Crisil, Biocon etc.) Has also been the Chairman of Interglobe Aviation (Indigo) and Board Member of Tech Mahindra, Hero MotoCorp, Experian, etc.
  • Chief representative in India (ING) and Chairman of ING Vysa Bank before its merger with Kotak
  • Chairman of SEBI
    • Instrumental in strengthening Corporate Governance practices and formally introduced Corporate Governance
    • Was elected Chairman of the EMC of the International Organisation of Securities Commission (IOSCO)
  • Chairman of IDBI and UTI – Headed the restructuring efforts in both the institutions
  • Officer on Special Duty at RBI
    • Scripted the turnaround of 3 Public Sector Banks , Indian Bank, UCO Bank, United Bank of India
  • Joint Secretary , Ministry of Finance (1995-2000)
  • He is also an ex-IAS officer and served various ministries from 1977 to 1995
Hemant Patel - Senior Fund Manager
  • Is founding partner and Chief Investment officer at Alder Capital
  • 22+ years of Capital Market experience and 15+ years of Institutional Equity Research
  • Executive Director – Consumer Equity Research at Axis Capital
  • Voted by Wall Street Journal as India's top analyst for home and personal care sector
  • He Hemant holds an MBA from Australian Graduate School of Management, University of NSW
Dheeraj Singh - Advisor: Debt Strategies
  • 30+ years of experience in Investment, Risk Management and Entrepreneurship
  • Ex-CIO Fixed Income and equity portfolios at leading AMCs overseeing AUM of US$ 2bn+
  • Self confessed technophile and is currently also involved in projects in the Web 3.0 space and at the cutting edge of latest technological trends
Pavan Tourani - Vice President

Part of the team for ~3 years

7+ years experience as an Equity Analyst and Commodities trader

Part of Equity Research Team at UBS Asia and Crisil

Part of IR team and MD’s office at an Indian listed e-commerce entity

He has done his MBA from NITIE