Aug 24, 2021 10:36 PM IST
At Moneycontrol Pro, we believe the best way to play wealth space is through a pure-play wealth manager. Therefore, IIFL Wealth can offer an exciting opportunity as an investment bet. Find out more in this video.
- Aug 24, 2021 04:41 PM IST
BharatPe aims to achieve an investment AUM of $100 million and a lending AUM of $50 million from 12% Club by the end of FY22. The upper limit for investments by an individual has been set at Rs 10 lakh, which will be increased to Rs 50 lakh over the next few months.
- Jul 23, 2021 02:54 PM IST
The city-based affordable housing focused lender, which is one of the three credit business verticals of the Chennai-based Shriram Group, closed FY21 with a loan book of Rs 3,923 crore, which despite the pandemic washout has already crossed Rs 4,000 crore as of end-June.
- Jun 07, 2021 10:06 AM IST
What works in the US and western world does not necessarily work in India.
- May 28, 2021 04:00 PM IST
- May 26, 2021 04:43 PM IST
As of May 21, 2021, the total number of subscribers under NPS and Atal Pension Yojana has crossed 4.28 crore and the asset under management (AUM) has grown to Rs 603,667.02 crore, the statement said.
- Apr 23, 2021 10:20 PM IST
- Feb 08, 2021 08:47 AM IST
Retail investors’ assets in mutual funds grew by 16 percent in 2020, helped also by rising equity markets. Investments in direct plans also grew
- Dec 16, 2020 10:09 AM IST
Liquidity and cash positions are increasing. It is better to at least have 10 to 15 percent correction for the long-term health of the market, suggest experts.
- Sep 29, 2020 10:08 AM IST
The MF needs to re-align its structure towards higher-yielding equity schemes and cut its costs
- Apr 05, 2020 12:59 PM IST
Overall, assets under management grew to Rs 27.02 lakh crore in January-March 2020 from Rs 24.4 lakh crore in October-December 2019.
- Mar 01, 2020 09:25 AM IST
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.
- Feb 10, 2020 04:50 PM IST
In the current financial year (2019-2020), the total inflows through SIPs stood at Rs 82,929 crore, according to AMFI CEO NS Venkatesh.
- Jan 10, 2020 08:21 PM IST
Sakshi Batra does a 3-Point Analysis on equity MF inflows getting back in shape in December 2019.
- Jan 04, 2020 04:08 PM IST
The growth, however, is still a silver lining as after a year of defaults and downgrades that spelt trouble for the MF industry, it managed to maintain a growth trajectory.
- Jan 03, 2020 01:56 PM IST
The asset under management (AUM) of the industry rose by over 13 percent (Rs 3.15 lakh crore) to Rs 26.77 lakh crore at the end of last month, up from Rs 23.62 lakh crore at the end of December 2018, as per the latest data available with the Association of Mutual Funds in India (Amfi).
- Dec 17, 2019 09:43 AM IST
Net inflows into equity mutual funds, including closed-ended schemes, fell drastically in November compared to Rs 6,000 crore in the previous month
- Nov 08, 2019 01:59 PM IST
The 44-player industry logged an assets under management (AUM) of Rs 24.5 lakh crore in September-end, according to data from the Association of Mutual Funds in India (Amfi).
- Nov 05, 2019 10:53 AM IST
Experts are of the view that the long-term potential of HDFC is intact. The stock is a must for investors looking at companies that can deliver growth without compromising safety.
- Oct 06, 2019 09:38 AM IST
Industry experts attributed the minimal rise in average AUM to outflows from debt funds, particularly credit risk funds
- Oct 03, 2019 01:45 PM IST
The strategy has always been the same – to remain true to the Coffee Can investment philosophy, irrespective of the marcoeconomic situation and business cycle, says Manish Jain.
- Apr 05, 2019 02:45 PM IST
Of the 43 fund houses, as many as 33 mutual funds witnessed growth in their asset base in the January-March quarter of 2018-19, while 10 saw a decline in their AUMs
- Jan 18, 2019 05:56 PM IST
Fincare SFB is targeting assets under management (AUM) of Rs 10,000 crore by 2021, expecting to be entirely funded by deposits, Yadav told reporters here.
- Dec 13, 2018 02:45 PM IST
"Asirvad has been achieving an incremental Rs 100 crore assets under management for past five months and is poised to reach Rs 3,500 crore AUM by this financial year-end", managing director of the company Raja Vaidyanathan said in a statement here.
- Oct 08, 2018 04:35 PM IST
According to Association of Mutual Funds in India (Amfi) data, the asset under management (AUM) of the industry, comprising 41 active players, stood at Rs 22.06 lakh crore at the end of September, as compared to a record Rs 25.20 lakh crore in August-end.