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Union AMC aims to double assets base to Rs 10,000 crore this year

The fund house has more branches, workforce, and num­ber of customers at its disposal thanks to the amalgamation of Andhra Bank and Corporation Bank with Union Bank of India (UBI) last year

AUM | Fund Houses | Mutual Funds

Ashley Coutinho  |  Mumbai 

share buybacks, investment, stock market, sensex, bse, nifty, investors, cash, fund, fdi, fpi, shares, listings, ipo
Close to 39 per cent of its average AUM as of November 2020 came from beyond the 30 biggest cities, against an industry average of 16 per cent

Union AMC has set sights on doubling its assets under management (AUM) to Rs 10,000 crore this calendar year, from about Rs 5,000 crore at the end of December last year.



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First Published: Thu, January 07 2021. 23:51 IST