Axis Bank Pms Acquisition: Axis Bank’s MF arm acquires Rs 12,000 crore PMS business from securities arm

MUMBAI: Axis Asset Management Company will acquire the portfolio management services business of Axis Securities, adding over 2,500 investors and taking its PMS assets under management to around Rs 15,000 crore.The acquisition is among the largest PMS deals in India by investor count and will […]