20 November 2020
In these unprecedented times, when most companies have postponed their expansion plans, IDFC Asset Management Company Limited (AMC) today inaugurated a brand new, bigger branch office in Amritsar that will enable the company to increase its services to mutual fund distributors and offer a better service experience to customers. The new branch office is located at Unit No. SF-1, 2nd Floor, Eminent Mall, Mall Road, Amritsar – 143001. IDFC AMC’s new branch in Amritsar seats more employees, and will also include a fully equipped meeting cum training room where regular investor awareness activities can be conducted. With the new branch, IDFC AMC aims to enhance its customer service and investor awareness activities in Amritsar.
Sharing details on why IDFC AMC chose to move to a larger office, Mr. Vishal Kapoor, CEO, IDFC AMC, said that, “Amritsar has been a high-growth market for us, and we are happy to have received strong feedback and support from our partners and investors over several years. Our new office further strengthens our commitment and presence in this historic city, and we are confident that our team and partners in Amritsar will use it to further increase financial awareness, generate greater interest in mutual funds and provide superior service to our customers.”
The branch inauguration was done digitally by Mr. Vishal Kapoor, CEO, IDFC AMC and Mr. Gaurab Parija, Head – Sales and Marketing, IDFC AMC. Also present were the Zonal Head of North, Mr. Navneet Batra Mr. Rajesh Soni, Punjab Cluster Head, Mr. Sandeep Kharbanda, Associate Vice President & Amritsar Branch Head, Amritsar branch employees and key mutual fund distributors.
Established in 2000, IDFC AMC manages over ₹ 1,14,000 crores, as on October 30, 2020, for over 1 million investor folios representing leading institutional, family-office and individual clients. IDFC AMC manages over 40 funds and portfolios across a range of fixed income, equity and alternative strategies. It has offices across 46 cities with over 300 full-time employees including research and fund management professionals. IDFC AMC has received a number of awards and industry recognitions. The performance record is a direct result of its commitment to a disciplined and time-tested investment approach, proprietary to the AMC.