Jaipur, Sep 25 (PTI) Samco Mutual Fund on Saturday announced plans to expand its business in Rajasthan by opening five new offices and increasing the number of distributors in the state.

Umesh kumar Mehta, the CEO of Samco Asset Management Pvt Ltd, said that the new offices will be opened in Jaipur, Jodhpur and Udaipur and the number of distributors will be increased from present 250 to more than 1,000 by the end of 2025 financial year.

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"Rajasthan is a huge investor market and there is an immense potential of newer investment avenues and products,” Mehta said.

(The above story is verified and authored by Press Trust of India (PTI) staff. PTI, India’s premier news agency, employs more than 400 journalists and 500 stringers to cover almost every district and small town in India.. The views appearing in the above post do not reflect the opinions of LatestLY)