Religare AEGON AMC gets SEBI nod
September 25th, 2008
Religare AEGON Asset Management Company got the nod from the regulator SEBI to start mutual fund operations in India. Religare AEGON AMC is a joint venture of Religare and AEGON.
The new AMC says it is planning to launch its first product in the months of November / December 2008. The AMC is planning about 15 branches at the time of the start of its operations and is planning to expand to 25 cities by March 2009 and atleast 100 branches within two years with a focus on Tier II and Tier III cities.
Entry Filed under: Mutual Funds, Fund Houses & AMCs, Religare Mutual Fund
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