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.

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

Source: Stocks-Markets-Economic Times

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