Edelweiss Strengthens its Presence in Punjab & Haryana

By 121 News

Chandigarh 19^th May:- Edelweiss Asset Management Ltd., a part of Edelweiss Group, in line with its business expansion plan, has opened its new branch office in

Chandigarh and 9^th branch Pan India. The branch aims to offer enriched opportunities to customers in and around Punjab. The branch will be located at Edelweiss Asset Management Ltd, 2nd Floor, Meeting Point, SCO 487-488, Sector 35-C, Chandigarh- 160035.

Edelweiss Mutual Fund through its wide bouquet of offerings focuses on providing products across the risk return spectrum, which has made it a forerunner amongst its investors as investment solution provider. The assets under management (AUM) stand at approximately ₹7,200 crores as on 30^th April, 2017.

Speaking on the occasion, Radhika Gupta, CEO, Edelweiss Asset Management Ltd. said that this move is a part of our geographic expansion strategy. We are very excited for the possibilities arising in this region, as this is our first office in Chandigarh and third office in north India. The branch will enable us to respond better to the investment needs of our growing customer base in the region. She is assured that our suite of innovative products, strong customer focused culture and high quality investment philosophy will help us meet the customers' expectations.

She added further that with the opening of this new branch, Edelweiss Asset Management Ltd. will expand its presence to 9 branches across India. Nationally, Edelweiss Asset Management Ltd supported by more than 4,100 Distributors Empanelment.  In last few years Edelweiss AMC has doubled their branch presence across India.

Seemant Shukla, Head of Sales and Business Development, said that with the opening of this branch we want to establish our franchisee in this growing market. Chandigarh is one of the key economic centres in north India and hence we want to tap the potential of this market through our differentiated client centric offerings.