Industry executives are expecting a pushback from both AMCs and brokerages, as it may tighten margins. Sebi has sought feedback on the draft regulations from stakeholders by November 17, 2025.
Even if an asset management company winds up, your mutual fund investments remain secure under regulatory safeguards.
Groww acquired the mutual fund business of Indiabulls in May 2023, which had an AUM of Rs 342 crore
Angel One reported a 48.7 percent fall in net profit for the quarter ended March, clocking in at Rs 174.5 crore, as against Rs 339.9 crore last March.
AMCs are expected to see a sharp sequential decline in equity AUMs for Q4 due to market corrections, with mid- and small-cap-focused schemes hit the hardest.
Employees drawing below Rs 25 lakh cost-to-company (CTC) on an annual basis do not have to take any portion of their pay in the units, while those drawing more will need to take either 10-18 percent of their CTC in the MF units or 12.5-22.5 percent of their CTC in the units depending on what their asset management company) chooses.
The duo is planning to start the venture with a market regulator Sebi’s Portfolio Management Services (PMS) license targeting high-net-worth individuals and financial institutions
CAMS is technology-driven financial infrastructure and services provider to mutual funds and other financial institutions. MFs is the key segment for the company and accounts for around 87% of its revenues. CAMS market share as RTA (registrar and transfer agent) has increased from 61% in FY15 to 68% as at end September 24 in terms of average monthly AUM serviced by it. There are very less risks to its existing market share as it is challenging for its clients or new competition to replicate the physical network or the technology platforms. Moreover, switch to competition is rare as CAMS enjoys long-standing relationships with MFs. CAMS has entered into other business lines to diversify its revenue. Other businesses includes accounts aggregator, payments aggregator (CAMSPAY), servicing AIFs/PMS, loans against MF, central record keeping agency (CRA) for National Pension Scheme (NPS), insurance repository and e-KYC business.
Cinema chain AMC dropped 7.7%, after rising 135% in the past two sessions, while video game retailer GameStop fell 10% after hitting its highest level since June 2021 on Tuesday
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A movie based on Beyonce's "Renaissance World Tour" is slated for global distribution by an AMC Entertainment subsidiary, addressing content shortages caused by Hollywood strikes in cinema chains.
Sebi chairperson Madhabi Puri Buch said that the regulator will soon come up with a second consultation paper around rationalising total expense ratio
Wear something blue on June 30, Arthrogryposis Awareness Day, and the rest of the month learn more about the lesser-known condition that affects 1 in every 3,000 newborns globally.
The startup is looking to launch a PMS license initially for its High Net Worth Individual (HNI) customers, which will be accessible through its Fisdom Private Wealth platform.
Most actively managed funds do not beat the benchmark indices
Debt funds too have lost some of their sheen after the recent tweaks in rules relating to taxation and indexation. One reason for AMC stocks’ continued underperformance is that investors are worried about more regulations that could squeeze profitability
The regulator approved Jain’s low-cost, high-ticket fund, which will target only wealthy customers, with the minimum investment set at Rs 10 crore.
Sentiment for AMC stocks in general appears to be at its worst considering that the stocks did not participate in the biggest bull market. And the latest big buyers in the sector are mutual funds themselves
In addition, the regulator has suggested to enhance the accountability of board of asset management company (AMC).
The approval has been granted by the International Financial Services Centres Authority (IFSCA) on November 28
Prashant Jain, one of the world's longest serving fund managers, has hung up his boots after 31 years in the fund management business. Sumaira Abidi recounts the decisions that gave him legendary status within the industry.
Moreover, asset management companies (AMCs) have a line-up of passive funds on the fixed income and equity side as well as selective launches in certain categories to fill product gaps.
Upcoming new originals such as psychological thriller Dark Winds, sci-fi thriller Moonhaven, horror drama anthology television series Tales of the Walking Dead, horror series Anne Rice's Interview with the Vampire, and supernatural horror series Mayfair Witches among others will also be part of the service.
The McDonald's outlet will be allowed to reopen after they pay the fine and clear customary inspections by the Ahmedabad civic body.
Asset management company valuations were high earlier when fees in equity schemes of AMCs were high. But investors are now moving away from actively managed funds to passive funds like exchange traded funds