Franklin plans to double its AUM to Rs 1,20000 cr in 5 yrs
18/03/2015 15:36
Franklin Templeton Investments is looking at doubling its assets under management (AUM) to Rs 1,20,000 crore within five years, said the media report. The fund house, which follows financial year ending on September 30, closed last year with an AUM at Rs 60,000 crore. "We have closed the last fiscal with our AUM at Rs 60,000 crore and as on February 28, our AUM had crossed Rs 70,000 crore. "Now, we are looking at doubling our AUM to Rs 1,20,000 crore by September 2019," Franklin Templeton Investments India president Harshendu Bindal told PTI on the sidelines of an event. The company is currently ranked seventh in terms of AUM. Further, the company is working on both digital and physical spaces so as to provide services to its customers.
18/03/2015 15:36
Franklin Templeton Investments is looking at doubling its assets under management (AUM) to Rs 1,20,000 crore within five years, said the media report. The fund house, which follows financial year ending on September 30, closed last year with an AUM at Rs 60,000 crore. "We have closed the last fiscal with our AUM at Rs 60,000 crore and as on February 28, our AUM had crossed Rs 70,000 crore. "Now, we are looking at doubling our AUM to Rs 1,20,000 crore by September 2019," Franklin Templeton Investments India president Harshendu Bindal told PTI on the sidelines of an event. The company is currently ranked seventh in terms of AUM. Further, the company is working on both digital and physical spaces so as to provide services to its customers.
