Lotus India MF AUM cross USD 1 bn mark
Lotus India AMC on Wednesday said its assets under management (AUM) have crossed USD one billion mark as on June 30.
By PTI |
MUMBAI: Lotus India AMC on Wednesday said its assets under management (AUM) have crossed USD one billion mark as on June 30.
The company has witnessed a 15 per cent growth in AUM to Rs 4,165.36 crore as on June 30 from Rs 3,623 crore in May 31, a press release stated.
Lotus India AMC's CEO Ajay Bagga said: "We are pleased with the growth momentum sustained over the past eight months."
"Our focused growth strategy has translated into a rapidly-increasing distribution network and our growing AUM is a reaffirmation of the faith reposed in us by our investors and distributors," he added.
The company has witnessed a 15 per cent growth in AUM to Rs 4,165.36 crore as on June 30 from Rs 3,623 crore in May 31, a press release stated.
Lotus India AMC's CEO Ajay Bagga said: "We are pleased with the growth momentum sustained over the past eight months."
"Our focused growth strategy has translated into a rapidly-increasing distribution network and our growing AUM is a reaffirmation of the faith reposed in us by our investors and distributors," he added.
Download
The Economic Times Business News App for the Latest News in Business, Sensex, Stock Market Updates & More.
The Economic Times Business News App for the Latest News in Business, Sensex, Stock Market Updates & More.
Download
The Economic Times News App for Quarterly Results, Latest News in ITR, Business, Share Market, Live Sensex News & More.
The Economic Times News App for Quarterly Results, Latest News in ITR, Business, Share Market, Live Sensex News & More.
ADVERTISEMENT
