Mutual fund backend processor CAMS hands 174% annualised return to IIFL Private Equity

IIFL Private Equity sold its remaining stake in Computer Age Management Services Ltd (CAMS) racking up 174% annualised return after investing in the back-end processor for mutual funds a year ago, a person in the know said. It got $50 million (Rs 353 crore) from the sale of all of its ......