A year into the joint venture with the US-based Invesco, Religare Invesco fund house is working towards positioning itself as a global AMC. In the pipeline are plans to launch feeder funds into global funds of Invesco for Indian retail investors. There are also plans to launch Indian Fixed Income and Equity strategies on global platforms for Invesco's global clients and distributors.
Saurabh Nanavati, the MD and CEO, emphasised the focus on continuously improving fund performance and reducing risk. In order to increase its reach, the fund house is focusing on tier II centres and has increased its own sales presence in over 60 cities. With a strong belief that mutual funds have a big opportunity as awareness increases in these smaller cities, the fund house feels investment strategy should be simple and easy to monitor.
A strong votary of the investor education initiatives, the fund house's initiatives include on-ground events, educational guides, besides digital and print media campaigns. So far 63 investor camps across 51 cities have been organised.
Total assets: Rs 12,512 crore, Net Profit: Rs -4.95 crore
This article was originally published on January 02, 2014.
Ask Value Research 
New episodes every Friday 
New Process Alert 
Seems like you've uploaded a wrong QR code. Please upload the QR code downloaded from MF Central platform.
