Prabhudas Lilladher Group’s asset management arm, PL Asset Management, has reached a significant milestone, achieving Rs 500 crore in Assets Under Management (AUM).
Chairperson and Managing Director Amisha Vora announced the accomplishment, crediting the young and dynamic team led by Principal Officer and Head Investment Strategy Siddharth Vora for this success.
“Rs 500 crore AUM is not just a number; it is the result of the hard work and dedication of our young and dynamic PL Asset Management team under the leadership of Siddharth Vora,” Amisha Vora remarked.
PL Asset Management relies heavily on quantitative investing in India, leveraging strategies such as AQUA (style agnostic style adaptive), MADP Alpha (multi-factor multi-asset), and MADP (low-risk all weather). Fundamental, Alternative, Technical, and Quantitative techniques and methodologies back its research.
Prabhudas Lilladher, founded in 1944, continues to build on its legacy as one of Asia’s most trusted brands in the financial services industry. The firm offers Portfolio Management Services (PMS) curated by specialists.