Ashburton to merge India equity fund with IIFL AMC’s fund Ishita Russell December 6, 2017 PremiumAshburton Investments, the asset management arm of the FirstRand group, today announced plans to merge its India Equity Opportunities fund with IIFL India Equity Opportunities fund. Continue reading this story with a subscription to DealStreetAsia. Subscribe Already a subscriber? Log in Should your colleagues be reading this article too? Contact us for corporate subscriptions at firstname.lastname@example.org.