DW BUREAU / Chandigarh
Edelweiss Asset Management Ltd (EAML), a part of Edelweiss Group, in line with its business expansion plan, on Friday opened its first branch office here and 9th branch Pan India to serve the Punjab and Haryana region. Speaking on the occasion, EAML CEO Radhika Gupta said, “This move is a part of our geographic expansion strategy. This is our third office in North and plans to set up one each in the western and Southern parts of the country in near future.” “We are very excited for the possibilities arising in this region. The new branch office will enable us to respond better to the investment needs of our growing customer base in the region. Our suite of innovative products, strong customer focused culture and high quality investment philosophy will help us meet the customers’ expectations,” Ms Gupta said.
Nationally, EAML is supported by more than 4,100 Distributors Empanelment and in last few years company has doubled their branch presence across India. The assets under management (AUM) stand at approximately Rs 7,200 crores as on April 30, 2017, she added.