Fortis Mutual Fund

Kausha Mehta (CS FINAL STUDENT) (187 Points)

24 August 2009  

Fortis Mutual Fund crosses the Rs. 10,000 crore mark for assets under management (AUM) on August 11, 2009, thus registering a growth of over 100% in its AUM since December '08. The growth in the AUM can be attributed to the consistent perormance of its fixed income funds that are among the best performing funds- in their respective categories.