Asit C. Mehta Investment Intermediates Ltd (ACMIIL), a subsidiary of Asit C Mehta Financial Services Ltd, (ACMFSL), (BSE- 530723 | ASITCFIN), one of the leading fintech conglomerates in Indian equity markets, is expanding its mutual fund distribution (MFDs) network to introduce its financial products and cater to growing investment needs of retail and HNI investors in West Bengal and North East. As per AMFI, West Bengal is one of the top states investing in the mutual fund industry having their AUM at over Rs 2.12 lk crore, apiece. However, the state has a huge scope to get more people to invest and needs efforts to add more distributors in rural and semi urban regions that will help spread the reach. Also, if you look at the data from the North East the mutual fund AUM size in each state is currently far less and which is in the range of Rs 700 crore to Rs 20000 crore, only.   Anand Varadarajan – Director –Asit C. Mehta Investment Intermediates Ltd (ACMIIL), says “ ACMIIL i