Widely read:
Incorporated over two years ago, IIFL Mutual Fund so far has just two offerings for the investors: an index fund and an ETF. It is an arm of India Infoline Limited, a financial services company.
A distributor rolling back as a financial product manufacturer has the ability to reach out to a wide spectrum of customers. Seems like early days while it articulates a differentiated strategy for business as there are only two passively-managed funds in its stable.
This article was originally published on December 06, 2012.
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