IIFL Asset Management Ltd. is part of IIFL Investment Managers, which is a subsidiary of IIFL Holdings.
From a start-up founded by first generation entrepreneur, Nirmal Jain and co-founder R. Venkataraman in 1995, the IIFL group has grown into a world-class, multi-product financial services group in India. The group comprising the holding company IIFL Holdings Limited and its wholly-owned subsidiaries, straddles the complete financial services space with offerings ranging from financing, asset management, and wealth management, financial advisory and broking, financial products distribution, investment banking, institutional equities to project financing and advisory services.
IIFL’s consolidated net worth is US$686 million. The Wealth & Asset Management division of IIFL Holdings has about US$18 billion assets under advice, management and distribution.