Standard Chartered Asset Management Company Ltd primarily focuses on debt schemes and mutual funds. The instigation of the company is found in ANZ Grindlays that was later renamed Standard Chartered Mutual Fund following the take over Grindlays Bank by Standard Chartered Bank. The mutual funds offered include both equity and debt funds like Grindlays cash funds, dynamic bond funds, government securities fund, super saver income funds, short term institutional plans, standard chartered arbitrage funds, classical equity funds, imperial equity funds, premier equity funds, enterprise equity funds, tax saver ELSS funds and many more. The sponsor of standard chartered mutual fund is the bank and its AMC is SCB Asset Management or Standard Chartered Asset Management Company Ltd.
The SCB Asset Management Company makes two-thirds of its profits from Asia. The India branch is third to Hong Kong and South Korea and is a part of the $ 3 billion Standard Chartered Asset Management Company Ltd. there are plans on either a sell out of Standard Chartered Asset Management Company Ltd India or as much as 90 % divesting of the unit and retaining a strategic stake.
For information on the available mutual funds and the ongoing Stanchart Mutual Fund NAV, login to Standard Chartered official website and get complete details on each. We also give you dedicated pages on Standard Chartered Bank and its banking services.
