Sundaram Mutual completes 25 years in the mutual fund industry
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Last Updated: Feb 26, 2021, 01:22 PM IST
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Synopsis
Sundaram Asset Management Co. Ltd. - the asset manager for the schemes of Sundaram Mutual completes 25 years as a corporate entity today.
ET Online
Sundaram Asset Management Co. Ltd. - the asset manager for the schemes of Sundaram Mutual completes 25 years as a corporate entity today. Sundaram Mutual, as the brand is popularly known, has been through multiple avatars in its 25 years interspersed with two Joint Ventures – First as Sundaram Newton till 2002 and then as Sundaram BNP Paribas from 2006 till 2010.
Sundaram Mutual has built a retail customer base of over 3.5 million customers having invested in its schemes. Today it has a nationwide presence with 88 branches. Along with its subsidiaries, the Assets Under Management of the group exceed Rs 40,000 crore.