The latest buzz in the industry is consolidation, which is an outcome of intensifying competition, and an attempt to gain economies of scale by reducing costs for providing better service to the customers. Looking at the benefits of the scales, after mergers and acquisitions, fund houses are opting for such inorganic growth routes. Even new entrants prefer this route for their debut in the industry. Sahara group has recently entered the industry by acquiring First India Mutual Fund….
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Source :- IIPM Editorial, 2006
For Complete IIPM Articles, Click here
Source :- IIPM Editorial, 2006
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