MoneyFront is a brand owned by MoneyMap Investment Advisors Pvt. Ltd. (Subsidiary of Investdirect Capital Services Private Limited) . The idea of MoneyMap was conceived in summer of 2015 by three school friends - Mohit Gang, Anil Bang & Puneet Mehta. All three working in different companies, yet combined with their passion for investments and markets!
The investment platform primarily offers financial advisory services to its clients via a comprehensive portfolio approach using a fully automated and paperless platform. Moneyfront uses a smart algorithm to profile the client and suggests the best Direct Plan suited to the investors’ persona.
Moneyfront believes in the philosophy that a ‘Happy client is your best advocate,' hence, as a conscious call, the company offers only Direct plan of mutual fund schemes, which has lower expense ratios as against the regular plans.
Thus, Moneyfront will be a one-stop digital solution offering comprehensive advisory to its clients. The platform offers scheme recommendations that have the lowest expense ratios (in-effect better returns) as compared to what any other broker or advisor offers in the marketplace. This is made sure by offering only Direct Plans. While the entire distribution industry offers a regular plan and makes a commission out of clients’ investments, Moneyfront will clearly stay away from this approach and work towards a client-centric model of advisory.
Moneymap Investment Advisors Private Limited is registered with the Securities and Exchange Board of India (“SEBI”) as an Investment Advisor under SEBI (Investment Advisers) Regulations, 2013 (“IA regulations”) vide registration no. INA000004500 dated April 05, 2016, pursuant to which it provides investment advisory services to its clients.
Acquired First Customer
Moved to a new office
Registered with SEBI as Investment Advisor
Coding Begins
Company Formation
Our Inception
Hailing from Jodhpur, Mohit Gang is an investment expert and holds a management degree with dual specialization in Marketing and Finance from MDI, Gurgaon.
His work timeline sparkles with soaring deliveries at leading banks – HSBC and Citibank. Mohit led and managed a portfolio of about $2 Bn in assets driving a network of over 240 Relationship Managers at HSBC. While at Citibank, he took ownership of an annual target of $ 9 million revenues handling multiple assets like Mutual Funds, PMS, Alternates, Bonds etc. Mohit has personally handled HNI & Ultra-HNI portfolios and successfully steered sophisticated investments of his clients during all market cycles. He has also handled large teams of Relationship Managers during his stint at Citi, and nurtured and instilled a culture of ‘client-first’ amongst his teams.
His extensive experience in banking and investments, proved to be resourceful while setting up a one-of-a-kind platform to help individuals get more returns on their investments. He is often called on leading news channels like Zee, CNBC etc for his expert opinions and insights on mutual funds and investments.
Head of Operations
Client Experience
Sr. Wealth Manager
Sr. Wealth Manager
Sr. Wealth Manager
Alliances and Distribution
Hailing from Jodhpur, Mohit Gang is an investment expert and holds a management degree with dual specialization in Marketing and Finance from MDI, Gurgaon.
His work timeline sparkles with soaring deliveries at leading banks – HSBC and Citibank. Mohit led and managed a portfolio of about $2 Bn in assets driving a network of over 240 Relationship Managers at HSBC. While at Citibank, he took ownership of an annual target of $ 9 million revenues handling multiple assets like Mutual Funds, PMS, Alternates, Bonds etc. Mohit has personally handled HNI & Ultra-HNI portfolios and successfully steered sophisticated investments of his clients during all market cycles. He has also handled large teams of Relationship Managers during his stint at Citi, and nurtured and instilled a culture of ‘client-first’ amongst his teams.
His extensive experience in banking and investments, proved to be resourceful while setting up a one-of-a-kind platform to help individuals get more returns on their investments. He is often called on leading news channels like Zee, CNBC etc for his expert opinions and insights on mutual funds and investments.
As a professional, Anil has been doing extensive research on financial sector companies (both Indian and global) for more than 11 years – from the view of imparting investment advice or actual investments for his firms.
He began his career with ICICI Bank in credit risk department and went on to work at renowned Global financial institutions like Morgan Stanley and Marshall Wace. At Marshall Wace – one of the largest equity focused global hedge firm–Anil was associated with Global Financials strategy right from its inception in 2008.
Coming from a business family of Jodhpur, Anil learned the guiles of investments during his higher education when he started investing as a hobby. The hobby gradually turned into a full-fledged career choice. Anil has done his MBA from Jamnalal Bajaj Institute of Management Studies (JBIMS), Mumbai.
Puneet is a qualified Chartered Accountant & member of FRM© program conducted by Global Association of Risk Professionals (GARP). He has extensive experience in Market risk management, Derivatives trading and sales both in India and in international markets.
Puneet has worked for ICICI bank, Merrill Lynch and Bank of America in various capacities over 12 years across locations including Mumbai, Hong Kong and London. At his time with Bank of America Merrill Lynch, Puneet dealt with some of the largest institutional and hedge fund clients based in Europe. Since 2014 Puneet has also been involved with some unique start-ups globally as a financial and strategic partner.
Puneet’s exposure to international markets and investment trends in foreign countries makes him the integral cog to Money Front where he aims at maximizing returns for individual investors.
If Investments strike a chord with you, if client-centricity is your mantra, if you believe in making more out of every penny spent or invested, then Moneyfront is the destination for you. We are young, we are hungry for success and we are unconventionally radical. A testimonial to our culture is our service itself. Direct plan of mutual funds is something which very few entities are bold enough to venture into. So, if you want to Get More out of your professional sojourn then come on board.
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702, Samarpan Complex, Satam Wadi, Andheri - Ghatkopar Link Road Opposite Solitaire Park, Andheri East, Mumbai - 400099, Maharashtra.