MUTUAL FUNDS
ASK Investment Managers crosses Rs 10,000 crores AUM in its PMS business
Mar-28-2017

Portfolio Management Service firm ASK Investment Managers has announced that Assets under Management (AUM) in its PMS business has crossed Rs 10,000 crores. The AUM of ASK Investment Managers has grown over six fold in the last four years to Rs 10,000 crores from Rs 1,500 crores in September 30, 2013.

The company claims that it has emerged as the largest equity PMS or managed account services provider in the country, with almost 11 percent of the domestic market share in overall discretionary equity assets managed under PMS structure.

With this important development, ASK Group AUM have crossed Rs 30,000 crores, making it one of the fastest growing financial services entities in India.

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