Mahindra Finance and Manulife form Asset Management Joint Venture in India

The 51:49 JV will provide global best practices and processes to Indian retail customers

Mumbai, June 21, 2019: Mahindra & Mahindra Financial Services Limited through its subsidiary, Mahindra Asset Management Company Private Limited has entered into a joint venture with the leading global financial services group, Manulife*. The 51:49 joint venture aims to expand the depth and breadth of fund offerings and retail fund penetration in India.