Morningstar Investment Adviser launches discretionary managed portfolios
Within the product, Morningstar is offering active portfolios.
MUMBAI: Morningstar Investment Adviser India, a subsidiary of Morningstar Inc, launched discretionary portfolio management service for Indian investors.
Dhaval Kapadia, director and portfolio specialist, Morningstar Investment Adviser India told reporters the firm looks to raise around Rs 1,000 crore over the next 2-3 years in terms of assets.
The product-Morningstar Managed Portfolios will be available to investors through financial advisers.
Within the product, Morningstar is offering active portfolios.
These four risk aligned multi-asset portfolios are built with mutual funds from a long-term perspective - balanced, growth, aggressive and aggressive plus.
Dhaval Kapadia, director and portfolio specialist, Morningstar Investment Adviser India told reporters the firm looks to raise around Rs 1,000 crore over the next 2-3 years in terms of assets.
The product-Morningstar Managed Portfolios will be available to investors through financial advisers.
Within the product, Morningstar is offering active portfolios.
These four risk aligned multi-asset portfolios are built with mutual funds from a long-term perspective - balanced, growth, aggressive and aggressive plus.
