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IL&FS Mutual Fund

company 1 Deal 2 Partners

IL&FS Mutual Fund was the mutual fund arm of IL&FS Asset Management Company Limited (IL&FS AMC), a subsidiary of the Indian infrastructure conglomerate IL&FS Limited. It historically focused on managing funds that invested in infrastructure-related assets and companies within India. Following the IL&FS crisis, its mutual fund business was acquired by Nippon Life India Asset Management Limited in 2019.

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Founded 1994 Parent: IL&FS Limited
Investment FundInvestorAsset Manager

Strategic Overview

  • IL&FS Mutual Fund's operations were significantly impacted by the IL&FS group's financial crisis that began in 2018.
  • The mutual fund business, including its schemes, was acquired by Nippon Life India Asset Management Limited in 2019, effectively ceasing operations under the IL&FS Mutual Fund brand.
  • Historically, it played a role in channeling retail and institutional investments into India's burgeoning infrastructure sector.

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Investment Focus

Technologies
Solar1
Geography
India1

Key People

Milind Joshi
Former CEO, IL&FS Asset Management Company

Track Record

25
Years Active

Detailed Analysis

Sectors
TransportUtilitiesDigital/TelecomSocial InfrastructureEnergy Transition
Geographies
India
Deal Stage
GreenfieldBrownfieldOperating

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