Invesco Mutual Fund on Thursday announced the launch of Invesco India Business Cycle Fund, a scheme that will invest in equities with a focus on riding business cycles through dynamic allocation
PPFAS, Quantum, Mahindra Manulife among those to launch new products
Joint venture to be oriented towards retail assets, deeper penetration
We also think that credit spreads may also contract once we have a settled gilt curve
Mahindra MF, which began operations in July 2016, is currently a bit-player and placed 31 among 42 fund houses, with assets under management of about Rs 40 bn
The company will focus on tier II and III towns along with bigger centres