Mahindra & Mahindra Financial Services’ (M&M Finance) wholly-owned subsidiary - Mahindra Asset Management Company has on February 04, 2016 received the approval from the Securities and Exchange Board of India (SEBI) to act as the Asset Management Company (AMC) to the Mahindra Mutual Fund, set up by the company.
Mahindra & Mahindra Financial Services is a large non-banking finance company and M&M is a leading Indian automobile company. Besides financing M&M’s vehicles, It is also the holding company of the group's other financial services forays, including rural housing finance.
