New Delhi: Fortune Wealth's portfolio manager aims to increase assets by Rs 180 crore, growing the multi-cap portfolio fund to above Rs 500 crore within the next five months.
As per an official statement, the fund was introduced by the company in June 2024 and has managed to raise Rs 320 crore. ICICI Lombard forms partnership with Karnataka Bank. ICICI Lombard General Insurance recently partnered with Karnataka Bank, through which the private sector lender will offer insurance policies to its customers.
The statement mentioned that the general insurer will be able to reach the lender's current 1.3 crore customers across the country, who are currently being served by 915 branches.
Mirae Asset lifts halt on subscriptions for large and midcap funds. Mirae Asset Investment Managers lifted the suspension on subscriptions in its large and midcap funds starting August 1.The fund lifted the suspensions that had been in effect since November 2020 due to the expansion of the investment universe, increased market depth and liquidity, and overall growth in fund size, as stated.
FIRST Business Portal addressing the potential of business capability of North East Region.
