Deputy Manager/Manager - Products

POSITION: Products Reports to (Position): VP – Products Business Unit: Mutual Fund Location: Mumbai Position Purpose: Support the development, launch, and lifecycle management of passive investment products including ETFs, index funds, and factor strategies. The role will focus on execution, analytics, and cross-functional coordination to build a scalable passive product platform. Principal Accountabilities: 1. Product Development & Launch Execution · Support end-to-end launch of passive products: · Product notes and feasibility analysis · Benchmark and index evaluation · Expense modeling and positioning · Regulatory documentation (SID/KIM, filings) · Coordinate with internal teams (investments, compliance, ops, legal). 2. Sales & Marketing Enablement · Create product notes, FAQs, and training material for distribution teams. · Support sales with data, competitor comparisons, and insights. · Work with marketing on passive education content. 3. Analytics & Monitoring · Track key passive metrics · Tracking error and tracking difference · Portfolio replication efficiency · Cash drag and rebalancing impact · Monitor ETF liquidity, spreads, and volumes. · Work with market makers and exchanges to improve secondary market efficiency. 4 . Product Research · Conduct market research on: · Support development of new product ideas and white spaces. · Prepare periodic product reviews: o AUM trends o Performance vs peers o Profitability metrics o Support product repositioning or rationalization decisions. Knowledge, Skills, Competencies, and Certifications: · Strong understanding of passive investing concepts: · Index methodologies · Tracking error drivers · ETF structure and liquidity · Strong analytical and Excel skills. · Attention to detail and execution rigor. · Ability to work across multiple stakeholders Preferred Industry Experience: · Min 5 years in asset management, ETFs, passive funds, or product roles. · Experience with ETFs, index funds, or quant products preferred. · Candidates from: o AMC product teams o Index providers