Lotus MF collects Rs 450 crore through two new schemes
Lotus India Asset Management made impressive collections of Rs 450 crore through two new schemes that closed in November.
By PTI |
MUMBAI: Lotus India Asset Management made impressive collections of Rs 450 crore through two new schemes that closed in November.
The fund house collected Rs 230.74 crore during the NFO of its three-month Fixed Maturity Plan that closed on November 26 and Rs 217.78 crore from the NFO of its Quarterly Interval Fund-Plan A that closed on November 28, it said in a release here today.
However in November, the asset under management of the company slipped to Rs 6,995 crore as compared to Rs 7,104 crore in October.
Lotus India Asset Management Company is a joint venture between Fullerton Fund Management Group, owned by Singapore- based Temasek Holdings, and Sabre Captial Worldwide.
The fund house collected Rs 230.74 crore during the NFO of its three-month Fixed Maturity Plan that closed on November 26 and Rs 217.78 crore from the NFO of its Quarterly Interval Fund-Plan A that closed on November 28, it said in a release here today.
However in November, the asset under management of the company slipped to Rs 6,995 crore as compared to Rs 7,104 crore in October.
Lotus India Asset Management Company is a joint venture between Fullerton Fund Management Group, owned by Singapore- based Temasek Holdings, and Sabre Captial Worldwide.
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