GPL Finance, a subsidiary of White Oak Capital has completed acquisition of Yes Mutual Fund.
In a press release, Prashant Khemka, Founder, White Oak Capital Group said, “We have instituted a performance-first culture, earning the confidence of investors globally who have entrusted us with assets of over Rs.42,000 crore in the past four years. We are excited about offering our investment expertise to retail investors across the country and we aim to launch a range of funds post necessary regulatory approvals and subsequent launch through the first half of CY2022.”
Yes MF has an AUM of Rs.46 crore as on September 2021.