Sure Mutual Fund Schemes have been renamed WhiteOck Capital Scheme as Sure AMC is now an organization of WhiteOck Group.
White Oak Capital Group supplies funding administration and advisory providers to Indian fairness buyers. Ashish P Somaiya, CEO of WhiteOck Capital, tweeted: “Efficient January 12, 2022, YES Asset Administration has been renamed WhiteOck Capital Asset Administration and Sure Mutual Fund is now often known as WhiteOck Capital Mutual Fund”.
Sure MF has three schemes – Sure In a single day Fund, Sure Liquid Fund and Sure Extremely Brief Time period Fund.
As well as, the trustee, who takes fiduciary duty and is the custodian of the funds of mutual fund buyers, YES AMC – The YES Trustee Restricted – is now WhiteOck Capital Asset Administration Restricted.
The tweet additionally reads that WhiteOck MF has filed fairness MF supply paperwork for regulatory approval.
Ashish P Somaiya, who will take over as CEO of AMC as soon as the transaction is accomplished.
Previous to becoming a member of WhiteOck Capital Asset Administration Restricted, Ashish served because the Managing Director and CEO of Motilal Oswal Asset Administration Firm for about 8 years.
WhiteOck Capital Group accomplished the transaction to accumulate YES AMC’s mutual fund enterprise on November 1, 2021.
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