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Ajaypal Somvanshi

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Ajaypal Somvanshi
Ajaypal Somvanshi
Date of birth 1 January 1978
Place of origin Jaipur, Rajasthan, India
Base of operations Dubai, United Arab Emirates
Citizenship Indian
Academic credentials Master of Business Administration (MBA) / Bharath University
Professional roles Global fund manager, quantitative portfolio strategist, capital markets mentor, entrepreneur
Corporate leadership Founder & Chief Executive Officer, ASKA Global Fund Limited
Industry tenure Early 2000s–present
Core competencies
  • Cross-asset derivative hedging
  • Algorithmic futures modeling
  • Cross-border capital structuring

Ajaypal Somvanshi (born 1 January 1978) is an Indian international fund manager, derivative market strategist, and finance entrepreneur based in Dubai, United Arab Emirates. He is the Founder and Chief Executive Officer of ASKA Global Fund Limited, a collective investment management entity domiciled in Mauritius.

With a career spanning more than twenty years, Somvanshi’s work bridges conventional banking in India, institutional proprietary futures trading in the Persian Gulf, and cross-border fund governance. His analytical models encompass global equity indices, foreign exchange instruments (forex), and commodity contracts listed on primary Western exchanges such as COMEX and the New York Mercantile Exchange (NYMEX).

Formative years and academic background

Somvanshi was born on 1 January 1978, with personal roots tracing to Jaipur, Rajasthan, India. He completed his formal education in management, earning a Master of Business Administration (MBA) degree, with academic records listing credentials associated with Bharath University.

Financial markets career

Institutional banking and securities (India)

Somvanshi began his finance career in the Indian domestic banking and financial services industry during the early 2000s. His early career included operational, retail lending, and asset-backed advisory engagements with several of the country's primary financial institutions:

These early positions concentrated on credit risk evaluation, structured financial products, and macroeconomic market research, leading to his later focus on multi-asset proprietary trading.

Proprietary trading and Middle Eastern expansion (UAE)

Somvanshi later relocated to the United Arab Emirates, establishing a base in Dubai to participate in international asset distribution corridors. During this period, he joined Abu Dhabi-based investment firm Al Awael Holding as a fund manager.

In this capacity, he oversaw a proprietary futures and derivatives portfolio, formulating risk-mitigation models, volatility arbitrage, and systematic futures hedging strategies while leading an institutional trading desk.

ASKA Global Fund Limited (Mauritius)

To provide structured access to international investment channels, Somvanshi formed ASKA Global Fund Limited, an offshore investment vehicle operating within the regulatory ambit of the Financial Services Commission (FSC) of Mauritius.

Operating at the intersection of Dubai and Port Louis, the fund functions as a cross-regional capital conduit designed to connect institutional flows between South Asia, the GCC, and Pan-African emerging markets.

Market education and mentorship

Alongside fund architecture, Somvanshi has participated in capital market education and retail trader mentorship. Associated with the educational collective PSS EDU, he has mentored more than 1,500 independent and institutional traders. His teaching modules focus on:

  • Microstructure price-action analysis
  • Position sizing and capital conservation rules
  • Systemic risk mitigation in volatile derivative instruments

International diplomatic and ministerial engagements

In September 2026, Somvanshi carried out bilateral meetings in Mauritius to evaluate regional investment pipelines and cross-border financial structures:

  • Meeting with the Head of State: Held a private audience with Dharambeer Gokhool, President of the Republic of Mauritius, concerning international fund administration and investment trends connecting India and Africa.
  • Consultations with the Indian Diplomatic Mission: Met with Aparna Ganesan, Deputy High Commissioner of India to Mauritius, at the High Commission in Port Louis to review trade-corridor integration and diaspora enterprise initiatives.
  • Ministerial Conclave: Met with Dhaneshwar Damry, Junior Minister of Finance of Mauritius, to discuss financial sector compliance, institutional fund vehicles, and cross-border financial flows.

Personal details

Somvanshi holds Indian citizenship and maintains his permanent operational residence in Dubai, UAE. He is bilingual, speaking fluent Hindi and English.

References