Indian Mutual Fund Industry: Mergers and Acquisitions


The Major Mergers and Acquisitions in Indian MF (Mutual Fund) Industry.

Indian MF Companies have been busy shopping since the beginning of the year 2008

April 2012: Schraders Plc buys 25% stake in Axis AMC (Asset Management Company)

March 2012: L&T Finance acquires Fidelity Mutual Fund

March 2012: Nippon buys 26% stake in Relaince AMC

March 2012: Goldman Sachs Asset Management buys Benchmark AMC

December 2011: Natixis buys 25% in IDFC Asset Management

October 2009: T.Rowe Price Takes 26% in UTI AMC

September 2009: L&T Finance buys DBS Cholamandalam Mutual Fund

July 2009: Nomura acquires 35% stake in LIC Mutual Fund

November 2008: Religare buys Lotus AMC

March 2008: IDFC buys Standard Chartered Mutual Fund

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