Update – Mahindra Mutual Fund to become Mahindra Manulife Investment Management

Mahindra Mutual Fund to become Mahindra Manulife Investment Management
Manulife, Canada based global financial services group has now completed acquisition of 49% stake in Mahindra AMC.
With this, the fund house will be called Mahindra Manulife Investment Management, subject to approval from ROC and SEBI.
Mahindra AMC and Manulife had announced that they would enter into a 51:49 joint venture (JV) in June 2019.
Manulife is a leading international financial services group, providing asset management and life insurance solutions.
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