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TMB, HDFC Mutual Fund Sign Deal

Tamilnad Mercantile Bank has signed a memorandum of understanding with HDFC Mutual Fund.

    Tamilnad Mercantile Bank(TMB) has signed a memorandum of understanding (MoU) withHDFC Mutual Fund,Financial Chroniclereports. As per the agreement, mutual fund products will be marketed and distributed through authorized branches of TMB.

    HDFC Mutual Fund provides various products across assets and risk categories to allow investors to invest in line with their investment objectives and risk taking capacity. TMB has already tied-up with five mutual fund fiem,ICICI Prudential Mutual Fund,UTI Mutual Fund,Reliance Mutual Fund,Franklin Templeton InvestmentsandBirla Sun Life Mutual Fund.

    Click here for the story fromFinancial Chronicle.

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