Moneycontrol
Get App
Last Updated : Dec 24, 2013 11:23 AM IST | Source: Moneycontrol.com

HDFC MF acquires Morgan Stanley MF's all 8 India schemes

"We look forward to welcoming the investors in the eight schemes of Morgan Stanley Mutual Fund into the HDFC family," Milind Barve, MD of HDFC AMC said in a press release.


HDFC Mutual Fund has acquired Morgan Stanley Mutual Fund. HDFC MF has paid Rs 170 crore for all 8 schemes managed by Morgan Stanley Mutual Fund in India.

"HDFC Mutual Fund has acquired a portfolio of strong performing domestic mutual fund schemes from Morgan Stanley and this acquisition is another step towards expanding our mutual fund customer base. We look forward to welcoming the investors in the eight schemes of Morgan Stanley Mutual Fund into the HDFC family," Milind Barve, MD of HDFC AMC said in a press release.

First Published on Dec 23, 2013 07:57 pm
Loading...
Sections
Follow us on
Available On
PCI DSS Compliant