Axis Banks Mutual Fund Division Set to Boost Growth with ₹12,000 Crore PMS Acquisition!
Highlights: – Axis Asset Management Company is set to acquire the portfolio management services (PMS) business of Axis Securities, enhancing its assets under management (AUM) to approximately Rs 15,000 crore. – This acquisition brings over 2,500 investors to Axis AMC and reinforces the company’s position in the high-net-worth individual (HNI) and ultra-high-net-worth individual (UHNI) segments. […]
