Assets Under Management (aum)

The assets under management of the most NBFCs grew in the range of 18-41 percent in the April-June quarter, however, the high cost of funds is likely to put pressure on their net interest margins

Repco Home Finance eyes Rs 14,000 crore AUM this FY: MD & CEO

The Tamil Nadu-based company was managing AUM of around Rs 12,400 crore at the beginning of the year, Managing Director and CEO K Swaminathan said.

Inflow in mutual fund SIPs at record high of Rs 15,245 crore in July

The record high SIP numbers came despite the equity mutual funds registering a 12 per cent month-on-month decline in inflow to Rs 7,626 crore in July, data with the Association of Mutual Funds in India (Amfi) showed on August 9.

Punjab & Sind Bank plans to foray into mutual fund space; to finalise partner by September

"The bank has already floated a Request for Proposal to finalise a partner in the Fintech space, and we hope to conclude the process soon," Punjab & Sind Bank managing director Swarup Kumar Saha told PTI.

Is Bajaj Finance a prisoner of its own success?

Bajaj Finance’s ambition is to reach the 100 million customers mark. Will it succeed in a changing financial landscape rife with competition is the key question

Mutual fund industry AUM rises 5.7% in 2022: Amfi

This was way lower than a surge of nearly 22 percent or an increase of close to Rs 7 lakh crore in the asset base to Rs 37.72 lakh crore in 2021.

As gold loans lose shine, lenders face growth test

Small businesses, a significant portion of gold loan borrowers, are seeing their balance sheets under pressure again. This could jeopardise their repayment capacity 

Small Finance Banks' AUM expected to grow at 20% during FY2022: Report

However, the AUM growth will be lower compared to the compound annual growth rate (CAGR) of around 30 per cent during FY2016-20, rating agency ICRA Ratings said in its report.

CAMS Q2 earnings reaffirm unique moats of the business

For investors who missed subscribing to the IPO or did not get enough allotment, here’s a good opportunity to buy CAMS stock that is trading just 6 percent above its issue price

MF wrap: SEBI aspires industry to clock Rs 100 lakh crore AUM

India’s mutual funds industry is just one-fourth the size of the banking industry. SEBI believes that the MF industry has the potential to surpass it.

Expect growth in AUM Q3 onwards; aim to reduce gross NPAs in FY18: Magma Fincorp

From the third quarter onwards AUMs will grow and that will drive top-line growth going ahead, said Sanjay Chamria, MD, Magma Fincorp.

Equity MF inflow at Rs 4,900-cr in Jan; Rs 55,700-cr in FY17

Equity mutual funds saw an inflow of close to Rs 4,900 crore in January, taking the total fund infusion to about Rs 55,700 crore by 'optimistic' investors in the first 10 months of 2016-17 fiscal.

NSE's share grows in equity, equity derivatives in HI FY'17

The National Stock Exchange's market share in equity cash market segment stood at 86 per cent with traded volume of Rs 24,17,500 crore during April-September, while the same for equity derivatives was 99 percent with a trade volume of Rs 4,17,80,500 crore.

HDFC Ltd Financial Results for the Year Ended March 31, 2016 Standalone & Consolidated

Performance Highlights   Standalone profit ...

HDFC Ltd Financial Results for the Year Ended March 31, 2016 Standalone & Consolidated

Performance Highlights   Standalone profit ...

Equity MFs AUM hit 5-month low of Rs 3.45 lakh cr in Jan

Equity mutual funds witnessed an inflow worth just Rs 2,914 crore, the lowest level in the last 20 months, due to sluggish stock markets and appreciation in gold prices.

SBI Life net profit up 26% at Rs 197 crore in Oct-Dec qtr

SBI Life today posted 26 percent rise in net profit at Rs 197 crore during the third quarter of 2015-16 fiscal. "Net profit after tax rose by 26 percent to Rs 197 crore during the quarter.

Franklin eyes doubling its AUM to Rs 1,20,000cr in 5 yrs

The fund house, which follows financial year ending on September 30, closed last year with an AUM at Rs 60,000 crore. "We have closed the last fiscal with our AUM at Rs 60,000 crore and as on February 28, our AUM had crossed Rs 70,000 crore.

In line to achieve loan book growth of 25-30% in FY15: IIFL

The company reported a consolidated net profit of Rs 112.3 crore which was up 2.6 percent versus Rs 109.5 crore quarter-on-quarter (Q-o-Q) for the third quarter ended December 2014

NII to remain constant on low borrowing cost: Muthoot Fin

Going forward, George Alexander Muthoot, MDof Muthoot Finance expects the net interest income (NII) number to be consistent and profits to be driven by assets under management (AUM).

SBI evinces interest in buying UTI MF

The deal, if it happens, would also be the biggest ever M&A transaction in the Indian mutual fund industry, which has over 45 players together managing Rs 11 lakh crore. There have been a few M&A deals, but mostly involving smaller players.

Mutual fund asset base can grow to Rs 20 lakh crore: Sebi

The board of the Securities and Exchange Board of India (Sebi) cleared a proposal last week for the first ever long-term policy for the mutual fund industry, proposing a number of tax benefits and measures for growth of this business.

High Oct redemption not worrying, says HDFC MF's Barve

HDFC Mutual Fund CEO Milind Barve says, something that has worried most market watchers is the lack of retail participation, as evident from the continuous mutual fund outflows.

Portfolio managers' AUM hits record high of Rs 6.2 lakh-cr

According to latest data available with the market regulator Securities and Exchange Board of India (Sebi), Assets Under Management (AUM) of portfolio managers increased to Rs 6,17,208 crore at the end of May, from Rs 6,11,628 crore in the previous month.

MF investments in IT stocks fall to Rs 16.5k crore

The mutual fund investments in software stocks fell to Rs 16,557 crore in April. The April figure also marks the first monthly decline in mutual funds allocation to the software stocks since the beginning of calendar year 2013.