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Fortis Investments AUM crosses Rs 10,000 cr

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Press Trust of India Mumbai
Last Updated : Aug 13 2009 | 6:26 PM IST

Fortis Investments today said its assets under management (AUM) crossed Rs 10,000 crore-mark on August 11, a growth rate of over 100 per cent since December 2008.

"Achieving this milestone in such challenging market conditions speaks volumes about the trust reposed in us by our investors and distributors and we would like to thank them for their support," Fortis Investments Managing Director Nikhil Johri said in a release here.

The growth in AUM can be attributed to the consistent performance of its fixed income funds that are among the best performing funds in respective categories, he said.

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First Published: Aug 13 2009 | 6:26 PM IST

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