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ABN AMRO's opportunities fund collects Rs 425 cr

Our Bureau

Mumbai , April 13

ABN AMRO Asset Management (India) Ltd announced on Wednesday that the IPO of ABN AMRO Opportunities Fund, which concluded on March 30, has received subscriptions of approximately Rs 425 crore from nearly 30,000 investors.

"We launched ABN AMRO Opportunities Fund after establishing a commendable performance track record in our flagship equity fund, ABN AMRO Equity Fund. The IPO has received enthusiastic support from most retail distributors demonstrating their commitment to support our mutual fund," Mr Nikhil Johri, Chief Operating Officer - ABN AMRO Asset Management (India) Ltd, said in a company press release.

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