Assets Under Management

Growth may be moderately lower than 16-18 percent expected in the current fiscal; according to CRISIL estimates

Asset base of passive funds tracking Nifty indices reaches Rs 7 lakh crore mark in May

As of May 31, 2023, there were 251 passive funds tracking 101 unique Nifty indices.

NBFC-MFIs' assets under management to see up to 30% growth in FY24: Crisil

The year will also see an improvement in asset quality and profitability for the Non-Bank Finance Companies-Microfinance Institutions (NBFC-MFI) segment, the agency said.

Exclusive: Expect special incentives for low-income housing from Budget 2023, says Shriram Housing MD & CEO Ravi Subramanian

The rural low-income housing segment with ticket sizes of Rs 8-15 lakh and borrower income of under Rs 3 lakh annually is the segment where the need for adequate housing is acute, said Subramanian.

Financialisation of savings to jump to 74% of GDP by FY27: Report

In absolute terms, the AUM of the managed funds industry will grow to Rs 315 lakh crore in FY27 from Rs 135 lakh crore in FY22, the report by an arm of credit rating agency Crisil said.

Debt MFs' allocation to corporate bonds, CPs moderates after IL&FS default, COVID pandemic: RBI Bulletin

Fund houses have secured their investment by increasing the exposure to debt securities issued by state and central government

In catch-up game, LIC Mutual Fund aims to enter big boys' club in next 5 years

The past few years have seen the 43-player mutual fund industry growing at an exponential pace both in terms of Assets under management (AUM) and number of folios.

Assets under mgmt of ETFs, Index Funds tracking Nifty 50 cross Rs 2 lakh cr in India

Nifty 50 index linked ETFs account for 40 per cent share of total AUM of ETFs and Index Funds in India.

Bajaj Housing Finance raises Rs 2,500 crore in capital from parent

The firm plans to invest the capital in people, geo-expansion, process improvement, and technology to help deliver its growth plans.

Poonawalla Fincorp AUM grows 17% to Rs 16,575 crore

The assets under management for the housing finance subsidiary Poonawalla Housing Finance Limited crossed the Rs 5,000 crore milestone, the company said in a release.

Moneyboxx Finance's AUM crosses Rs 100 crore; aims four times growth in FY23

The company, which provides small-ticket loans to micro and small enterprises in tier-III and below locations, said it crossed the Rs 100-crore AUM milestone in January 2022 on the back of rising branch productivity and strong disbursements in the third quarter of 2021-22.

Equity-oriented funds drive MF assets to record high in 2021 at Rs 37.7 lakh crore : Report

Moreover, the net incremental inflow of Rs 6.70 lakh crore in 2021 is also a record over the previous peak of Rs 4.80 lakh crore in 2017, and Rs 4.5 lakh crore in 2020.

Kristal.AI says launched over 15 pre-IPO deals since 2020

Kristal Private Markets’ assets under management reached $25 million from pre-IPO deals, a 14X growth in the past three quarters, the company has said

Mutual funds assets under management jumps to nearly Rs 37 lakh crore in September: Amfi

The overall Assets Under Management (AUM) touched Rs 36.74 lakh crore last month, up from Rs 27.6 lakh crore in September 2020, the data from the Association of Mutual Funds (Amfi) showed on Friday.

Zerodha gets in-principle approval to launch mutual fund, says Nithin Kamath

The firm had applied for a mutual fund licence in February 2021.

Franklin Templeton Mutual Fund unitholders to get Rs 3,303 crore in fifth tranche

Under the first disbursement in February, investors received Rs 9,122 crore, while Rs 2,962 crore were paid to investors during the week of April 12, Rs 2,489 crore during the week of May 3 and in the latest disbursement during the week of June 7, investors were paid Rs 3,205 crore.

Sebi modifies framework for limited purpose clearing corporation by MFs

The regulator had in February issued guidelines wherein AMCs were required to contribute Rs 150 crore as share capital for setting up of limited purpose clearing corporation (LPCC) by mutual funds.

Fund managers are not gung-ho on these 20 stocks; do you have them in your portfolio?

Rising liquidity in domestic MFs is one of the biggest factors in driving rally on D-Street which is trading at record highs.

Mirae Asset MF eyes Rs 10,000 crore AUM by December

As of now, the AUM of the company stands at Rs 7,700 crore, which comprises Rs 7,200 crore in equities alone.

Pension regulator moots proposal for systematic withdrawals

Pension Fund Regulatory and Development Authority (PFRDA) said that they are looking to have a systematic withdrawal plan for National Pension System (NPS) wherein individuals will have an option to have between 15-20 years where they can withdraw a fixed sum from their pension fund.

MF industry bets big on SIP to hit Rs 20-trillion AUM mark

Fund houses are betting big on investments through systemic investment plan (SIP) to achieve the magical figure of Rs 20 trillion assets under management (AUM) for the industry by end of the current calendar year.

Asset quality will remain constant in Q4: Satin Creditcare

Satin Creditcare Network Limited (SCNL), one of the leading microfinance institutions reported its quarterly results for Q3FY17. The company experienced a weak quarter with a 10 percent fall in its assets under management (AUM)

Reliance MF beats demonetisation blues; AUM up 25%

Beating demonetisation blues, financial services major Reliance Capital saw its mutual fund business register 25 percent surge in Assets Under Management to Rs 1.95 lakh crore in the third quarter of the current fiscal and said it is on track to list home finance unit by April.

Mahindra MF eyes over Rs 5000 cr AUM in 2 yrs with rural focus

Mahindra Mutual Fund is targeting assets under management (AUM) of over Rs 5,000 crore in the next two years with distinct focus on rural and semi-urban markets.

Expect better margins in FY17: Satin Creditcare

"We have a very robust growth based on this tier I capital. So, our tier I capital with this infusion goes up to about 22 percent", HP Singh, Founder and MD of Satin Credit Care told CNBC-TV18.