Monarch Networth closes its third AIF

Monarch Networth closes its third AIF

The collective assets under management (AUM) of MNCL currently stand at over 1,000 crore, the fund said. MNCL is also likely to launch a Portfolio Management Service (PMS) during this fiscal year.

MUMBAI: (MNCL) has announced the closure of its third Alternative Investment Fund (), Capital Compounder Fund 2, raising 729 crore from high-net-worth individuals, family offices, and corporates.

Source: Stocks-Markets-Economic Times

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