Peerless Funds Management Co Limited (PFMCL), a subsidiary of The Peerless General Finance and Investment Company Limited (PGFI), is the investment manager to the first mutual fund namely Peerless Mutual Fund (PMF) in the eastern region, headquartered in Kolkata. It operates from 25 locations pan India. With a pure retail centric focus, PMF offers a range of investment solutions for financial planning and wealth creation.
PFMCL is comparatively new in Asset Management business (incorporated on 9th April 2009), and within a short span of time the asset size of the equity schemes managed by it has grown exponentially.
PFMCL manages funds across the entire risk-return continuum. These include equity, hybrid and debt. At present, PFMCL manages one liquid scheme, four fixed income schemes, one hybrid scheme and three equity schemes including an Equity Linked Savings Scheme. The schemes are positioned with an objective to create wealth, generate stable income, manage regular liquidity and tax savings, as per their investment objectives.
For more details, please visit the website of Peerless Mutual Fund.
As part of its social initiatives and commitment, PFMCL has taken an initiative focused towards Girl child education. Through this initiative, empaneled IFA / distributor parents who have a daughter, will receive additional incentive once in a year based on the Average AUM maintained in the previous financial year and the same can be used for their daughters’ education to prepare them for success.
For more details, please click here.