LegaLogic advises Indus Capital in acquisition of its Mutual Fund Distribution business by Prudent Corporate Advisory for INR 124 crores.
Prudent Corporate Advisory is a Pune-based mutual fund distributor with an AUM of INR 2,030 crore as of August 2025, of which 95.3% is equity-oriented. Indus Capital’s SIP book stands at about INR 11 crore and it currently serves more than 3,500 families. The transaction involved transfer of the entire mutual fund distribution business of Indus Capital including all customer contracts and employee relationships, for an aggregate consideration of about INR 123.75 crore. The acquisition will strengthen Prudent’s mutual fund distribution vertical, expand customer base, enhance AUM, and fuel overall business growth.
The transaction team included Partner Vikas Agarwal and Prakhar Sharma.
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