Indiabulls Housing Finance to sell its mutual fund business for Rs 175 crore

Indiabulls Housing Finance to sell its mutual fund business for Rs 175 crore

The sale of Indiabulls Asset Management Company will be limited only to the MF part of the business, whilst the alternate investment fund (AIF) and portfolio management service (PMS) businesses will be demerged from the existing IBAMC structure.
Check the source here –Source, Financial Express.

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