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IDLC Asset Management Limited is a wholly owned subsidiary of IDLC Finance Limited with headquarters in Dhaka,Bangladesh. It offers alternative investment services which currently consists of Mutual Funds offered to individuals and institutions.

History
IDLC Asset Management Limited was incorporated on 19th November 2015 with an authorized capital of BDT 250,000,000. The company then applied to Bangladesh Securities and Exchange Commission (BSEC) for issuance of registration certificate to operate as an asset manager as per Securities and Exchange Commission (Mutual Fund) Regulation, 2001. The company obtained the asset management license on June 6, 2016 with a paid-up capital of BDT 100,000,000. The prospectus for its first formal service of an Open End Mutual Fund was approved on the 27th of April, 2017.

IDLC Balanced Fund
IDLC Asset Management Limited started its first open ended Mutual Fund, named IDLC Balanced Fund, on the 22nd of May, 2017.

Sister Concerns
IDLC Asset Management Limited has the following sister concerns:
 * IDLC Finance Limited
 * IDLC Securities Limited
 * IDLC Investments Limited