3 September 2024

Investit Asset Management launches first mutual fund

By Redoy K

Investit Asset Management has launched its first open-ended mutual fund, Investit Growth Fund, with an initial size of Tk 25 crore. The fund aims to provide superior risk-adjusted returns through investments in growth stocks. Investit will serve as both sponsor and asset manager, with Sandhani Life Insurance as trustee and BRAC Bank as custodian. The fund’s size may increase in the future. Mohammad Emran Hasan, CEO of Investit, expressed commitment to providing exceptional returns guided by integrity and research.READ FULL