The sale of Indiabulls Asset Management Company will be limited only to the MF part of the business, whilst the alternate investment fund (AIF) and portfolio management service (PMS) businesses will be demerged from the existing IBAMC structure...

https://www.financialexpress.com/money/mutual-funds/indiabulls-housing-finance-to-sell-its-mutual-fund-business-for-rs-175-crore/2250077/

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