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Bandhan Consortium Acquires Idfc Amc And What It Means For Unitholders


A consortium comprising Bandhan Financial Holdings Limited, GIC and ChrysCapital will acquire Infrastructure Development Finance Company (IDFC) AMC and IDFC AMC Trustee Company for Rs 4,500 crore. The agreement is subject to receipt of necessary regulatory approvals and customary closing conditions.

CNBC-TV18’s Sumaira Abidi sat down with Vishal Dhawan of Plan Ahead Wealth Advisors to talk about Bandhan Financial’s acquisition of IDFC MF and what it means for unitholders.

Read here

Also later, Amit Kukreja from Amitkukreja.com discusses the difference between value fund and counter fund. There is a SEBI rule that says AMC can offer either a value fund or a matching fund, but not both.

Watch the video to learn more.

First post: STI


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