Daiwa Mutual Fund is seeking to gather $554.8 million in assets under management (AUM), Daily News & Analysis reports. The fund house is seeking to raise the targeted AUM in 12-18 months. Currently, the firm has about $155.3-177.5 million AUM across its four funds, liquid fund, industry leaders’ fund, treasury advantage fund and government securities fund - short-term. Daiwa is also seeking to launch two equity products, 3-4 fixed income products and a hybrid product.

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