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India Infoline is a leading pan-India mutual fund distribution house associated
with leading asset management companies. It operates primarily in the retail segment
leveraging its existing distribution network to reach prospective clients. It has
received the in-principle approval to set up a mutual fund.
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The group recently commenced its offshore asset management business under the
‘IIFL Capital’ brand. Also, IIFL Securities Pte Ltd received approval from the Monetary
Authority of Singapore to carry out global asset management operations. The Singapore
arm can now offer broking, asset management and investment banking services.
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IIFL Inc received an FII license, thereby facilitating the investment of dedicated
funds in India.
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With offices in New York, Singapore and Dubai, IIFL Capital aims to offer India-focused
equity products, fund management and advisory services for offshore and domestic
wealth management customers.
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