Edelweiss Asset Management to enhance presence in North

CHANDIGARH: As a part of geographic expansion, Edelweiss Asset Management Ltd, in line with its business expansion plan opened its new branch office in Chandigarh.

The branch aims to offer opportunities to customers in and around Punjab. Edelweiss Mutual Fund through its wide bouquet of offerings focuses on providing products across the risk return spectrum, which has made it a forerunner amongst its investors as investment solution provider. The assets under management (AUM) stand at approximately Rs 7200 crore as on 30th April, 2017.

"We are very excited for the possibilities arising in this region, as this is our first office in Chandigarh and third office in north India," Radhika Gupta, CEO, Edelweiss Asset Management Ltd. said.

“This move is a part of our geographic expansion strategy. We are very excited for the possibilities arising in this region, as this is our first office in Chandigarh and third office in north India.”

Nationally, Edelweiss Asset Management Ltd supported by more than 4,100 Distributors Empanelment. In last few years Edelweiss AMC has doubled their branch presence across India.