Vivriti Asset Management plans Rs 5,000-cr diversified bond fund
Vivriti Asset Management plans Rs 5,000-cr diversified bond fund is drawing significant interest across the industry.
Vivriti Asset Management plans to launch a diversified bond fund of ?5,000 crore in the second quarter of the next financial year, with a greenshoe option of ?2,000 crore, chief investment officer Soumendra Ghosh said. The firm is also close to closing its existing ?2,200-crore bond fund after securing commitments of over ?2,100 crore.
Experts suggest this could influence future trends and innovation in the sector.
More updates are expected as the story develops.
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