POSTED BY April 19, 2013 3:36 pm ONE COMMENT
ONRecently I invested with Canara Robeco in their ELSS scheme through their website & paid with Axis bank internet banking. Then I got an debit sms alert from Axis bank saying the amount got deducted and the merchant it says as ‘PPFAS ASSET MANAGEMENT’.
So my doubt is whether Canara Robeco is managed by PPFAS Asset Management?????
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NO!
CR is managed by Canara Bank and Robeco of the Netherlands.
Must have been a system goof up by Axis bank