Today, IIFL Holdings Limited (Bloomberg Code: IIFL
IN, NSE: IIFL, BSE: 532636) is India's leading integrated financial services group with diverse operating businesses,
mainly, Non Banking and Housing Finance, Wealth and Asset Management, Financial Advisory and Broking,
Mutual Funds and Financial Product Distribution, Investment Banking, Institutional
Equities, Realty Broking and Advisory Services.
Most of his holdings are
in registered and non-registered accounts —
mainly cash and fixed income, with 30 % made up of high - fee Canadian
equity mutual funds with management expense ratios (MERs) of up to 2.4 %.