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IIFL Holdings’ arm launches first Luxembourg domiciled UCITS Fund, IIFL Fund

08 Feb 2019 Evaluate

IIFL Holdings’ subsidiary -- IIFL Asset Management (IIFL AMC) has launched its first Luxembourg domiciled UCITS Fund, IIFL India Equity Opportunities Fund (IIFL Fund) by virtue of merger of Ashburton India Equity Opportunities Fund into IIFL Fund.

Pursuant to this, IIFL Fund has commenced its operations with $75mn in assets under management, effective January 29, 2019, with IIFL Capital, Singapore being its Investment Manager.

IIFL Holdings is one of India's leading, diversified financial services companies.

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