IDLC Asset Management Limited (AML) was incorporated in Bangladesh on 19 November 2015 vide registration no. C-127068/2015 as a private company limited by shares under the Companies Act, 1994. The registered office of the Company is situated at South Avenue Tower (5th Floor), House No. 50, Road No. 3, 7 Gulshan Avenue, Dhaka- 1212, Bangladesh. It is a subsidiary Company of IDLC Finance Ltd that holds 99.99% ownership of the Company.
The principal objective of the company is to carry out the business of asset management, primarily, through launching and managing mutual funds to cater to the diverse needs of investors. Besides, institutional fund management, IDLC AML also aims at creating avenues for alternative investments through private equity and venture capital.