BUSINESS
India’s market infrastructure hits Rs 700 bn in FY25; Jefferies sees demat accounts racing to 304 million by FY28
Jefferies noted that younger investors are driving incremental participation, with investors below 30 years accounting for about 40% of the investor base in FY25, compared with roughly 20% in the pre-pandemic period. IPO activity has also contributed to new investor additions.
BUSINESS
Mutual fund expense ratio: What it really pays for and why SEBI’s latest changes matter
A key change is the replacement of the Total Expense Ratio with Base Expense Ratio. Sebi has kept external levies such as GST, stamp duty, Securities Transaction Tax, Commodity Transaction Tax, and other statutory charges outside the BER. As a result, the BER will now only include fund-level costs such as management fees.
BUSINESS
Industry welcomes revised expense rules, but could distributors feel the pinch?
Industry participants say the answer is not straightforward and will take time to assess. While expense caps have been lowered, asset management companies (AMCs) are unlikely to absorb the entire impact
INDIA
ICICI Pru AMC files draft documents for two SIFs with SEBI
At present, SEBI has permitted seven investment strategies across equity, debt and hybrid asset classes under the SIF framework.
BUSINESS
More favourable expense ratio, higher brokerage cap welcome relief for MFs, brokerages
In addition, the regulator has reduced the BER for passive products such as index funds and ETFs from 1% to 0.90%. Close-ended equity funds will now be capped at 1%, while close-ended debt funds can charge up to 0.80%. For funds of funds, the limits have been set at 0.90% for index FoFs, 2.10% for equity FoFs and 1.85% for other FoFs.
BUSINESS
Mutual funds push for indexation relief on debt funds in FY27 Budget wishlist to FM
Experts say the taxation is also critical for efficient price discovery and development of bond market development
BUSINESS
Short-term equity uncertain; long-term growth backed by consumption, investment, policy: Neelesh Surana
Surana noted the correction was sharper in the NSE 500, mid-tier, and some small-cap stocks, while large-cap indices like the Nifty remained resilient.
BUSINESS
Mirae Asset MF to expand GIFT City fund offerings, launch first local ETF
Despite some challenges, Shah said GIFT City remains a strong long-term opportunity, but meaningful scale will depend on better awareness, smoother capital flows, faster onboarding and simpler compliance processes.
BUSINESS
Managing scale while delivering good risk-adjusted returns has been key: ICICI Pru AMC’s Nimesh Shah
Digital onboarding and SIP-led flows would be key enablers of the AMC’s expansion, says CEO Nimesh Shah
INDIA
Raamdeo Agrawal, Ramesh Damani and Sunil Mahtani on the power of compounding and their biggest 'investment misses'
Of the starting list of top 500 companies in 2008, only 35—just 7%—ended up as compounders. The rare winners combine sustained growth, consistent outperformance, and strong leadership, an MOFSL report highlighted
BUSINESS
Defence, capital goods players stand out in Motilal Oswal’s Wealth Creation Study; Banking, Finance top list
Many of the companies that have performed well during this period are expected to continue creating significant wealth in the years ahead.
BUSINESS
MF assets cross Rs 80 lakh cr on broad-based inflows; equity, hybrid and ETFs drive Nov momentum
Systematic Investment Plan (SIP) inflows remained healthy at Rs 29,445 crore, down just 0.3% MoM due to the month ending on a weekend.
BUSINESS
SIP inflows stay near record at Rs 29,445 crore in November despite high stoppage ratio
The decline in flows for the month, according to AMFI's Venkat Chalasani can be attributed to month-end dates falling on a weekend, which pushed some contributions into early December and did not signal a slowdown.
BUSINESS
Here’s what Samir Arora-backed Helios MF’s flagship Flexi Cap bought and sold in November
The fund maintained positions in high-conviction sectors such as financials, energy, and technology and made major movements in two recently listed IPOs.
BUSINESS
India’s MF AUM could surge past Rs 300 lakh crore as SIP ticket sizes jump across investor segments: Report
Salaried millennials in metros now contribute the largest SIP amounts, with average monthly SIPs around Rs 10,000
BUSINESS
ICICI Prudential AMC IPO opens today: Here is how it stacks up against peers
Currently, there are around five listed peers: HDFC AMC, Nippon Life India AMC, UTI AMC, Canara Robeco AMC and Aditya Birla Sun Life AMC.
BUSINESS
IndiGo earnings estimates take a sharp knock as analysts price in higher costs, slower capacity growth
Analysts have cut earnings for the year by 20 per cent or more accounting for cancellation costs, rising employee costs and the ongoing disruption.
BUSINESS
ICICI Prudential AMC's Nimesh Shah says 'attrition not a concern'
Answering a media query on the possible extension of CIO S Naren's tenure, Shah acknowledged Naren’s credibility and influence at the fund house but did not comment on the extension of his tenure.
BUSINESS
India is an infinite market at the right price: ICICI Pru AMC's Nimesh Shah bets on scale over margins
As the AMC heads into its IPO, Shah says low fees strengthen — not strain — the business, backed by counter-cyclical products and a rapidly maturing investor base.
BUSINESS
ICICI Prudential AMC to launch three SIF products; CEO Nimesh Shah sees opportunity, not cannibalisation
India’s second-largest fund house readies three SIF products as it debuts on the bourses; Shah says the new category will complement—not dilute—its MF franchise.
BUSINESS
RBI Monetary Policy: Fund managers weigh strong GDP, soft inflation, and INR depreciation concerns
Rupee pressures are central to expectations for liquidity measures. With the RBI intervening through dollar sales, liquidity has tightened and short-end rates have risen. This increases the likelihood that the RBI may turn to OMOs or similar tools to ease conditions.
BUSINESS
India’s star fund managers are walking out — but the old guard is marching back in
Prominent fund manager exits have sharpened concerns around succession depth, consistency of investment style and the ability of large funds to sustain alpha at scale.
BUSINESS
Banking, Consumption, E-commerce and Healthcare could be key investment themes for 2026: Kotak AMC’s Harsha Upadhyaya
Looking ahead to earnings, Upadhyaya said the short-term weakness is likely to give way to a broad-based revival
BUSINESS
Indian economy doing well but we need to invest in R&D: Kotak AMC’s Nilesh Shah
We have depreciated significantly against currencies. Can we take advantage of this currency depreciation to push our exports? If that happens, growth could get supported overall, says Shah
