News From Press What HSBC’s acquisition of L&T MF means for investors

What HSBC’s acquisition of L&T MF means for investors

Source: Mint Dec 27, 2021

HSBC Asset Management Company and L&T Finance Holdings recently entered into an agreement that the former will buy the mutual fund unit of the latter. Going ahead, HSBC intends to merge the operations of L&T Mutual Fund with that of its existing asset management business in India.

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