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IL&FS Mutual Fund
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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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
Geographies
Deal Stage
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