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Axis, IIFL, ICICI Prudential AMCs lead race to buy out L&T Mutual Fund

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₹58,147 crore at the end of May. The fund house has 16 equity schemes, with net asset under management (AUM) of ₹29,823.85 crore, according to Value Research.

These include L&T Nifty 50 Index Fund ( ₹28.64 crore) and L&T Nifty Next 50 Index Fund ( ₹15.46 crore). Value Research compiles data on the basis of fund factsheets filed by AMCs.L&T Finance acquired its mutual fund business in two parts: first by acquiring DBS Cholamandalam Asset Management in 2009 and then by acquiring the Indian operations of Fidelity Investments in 2012.According to AMFI, for the March quarter, L&T had an average AUM of ₹71,056 crore, IIFL Asset Management Co.

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COVID-19
United States
United States
Cases: 46 252 513
Deaths: 750 423
Recovered: 0
India
India
Cases: 34 321 025
Deaths: 459 652
Recovered: 0
Brazil
Brazil
Cases: 21 835 785
Deaths: 608 235
Recovered: 0
United Kingdom
United Kingdom
Cases: 9 215 683
Deaths: 141 607
Recovered: 0
Russia
Russia
Cases: 8 494 589
Deaths: 237 619
Recovered: 0
Detail statistic
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Coronation Street's Georgia May Foote's supported as she says people 'stare' at her over health condition
Scots couple die days apart from cancer as son pays tribute
'The Office' Spinoff: 2 Original Cast Members Won't Appear, 1 Would (If Asked), & 2 Join Cast!
How to entertain yourself when you stuck inside due to a pandemic
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Covid-19.rehab - the latest news concerning the spread of the SARS-CoV-2 coronavirus (formerly 2019-nCoV), as well as the infectious disease that it causes COVID-19, in separate countries and in the world as a whole. Current news on the topic of coronavirus SARS-CoV-2. Quarantine, pandemic 2020, epidemic: what is it, when will it come to end, precautions and how to protect yourself from this disease. The most honest news, no fakes! To keep up with the latest news, stay tuned for updates on the site! Every day we will collect news and statistics on coronavirus from around the world for you to be aware of this topic.

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