Aum

MF sector unlocks new milestone as equity assets cross Rs 50 lakh crore mark for first time

The AUC stood at Rs 50.83 lakh crore, marking a record high and a sharp 30 percent rise from the February low of Rs 39.21 lakh crore

Staying the course: How Indian investors are weathering market volatility

Indian mutual fund investors are demonstrating unwavering resilience and discipline, with SIPs driving consistent inflows despite global and domestic headwinds.

IPO corner: Is ICICI Pru AMC a strong bet in the booming mutual fund industry?

ICICI Prudential AMC is set to become the largest listed asset management company in India, but how does it compare with its peers in profitability, retail reach, and growth potential?

Mutual fund industry’s AUM contracts 4% in February, the most in nearly three years

Although the industry is sitting at nearly Rs 10 lakh crore in assets compared with the previous year, the net assets under management declined to 4 percent in February from the previous month, its steepest fall since June 2022

Chart of the Day: Unlocking India's mutual fund potential

Over the past five years, investments in mutual funds have grown at a compound annual growth rate (CAGR) of 17.5 percent, while bank deposits have increased at a CAGR of 11.0 percent

Pension AUM to hit Rs 118 lakh crore by 2030, NPS may capture 25% share: DSP Pension Fund

The portion of private sector AUM that’s with NPS is expected to grow to Rs 9.12 lakh crore in the next five years with over 1.5 crore subscribers, said Bhagat.

Bajaj Finance Q2 FY25: Higher credit cost pulls down profit

BFL, being the largest consumer-lending NBFC, cannot escape unscathed from asset quality stress in unsecured retail segments

Chart of the Day | The untapped potential of India's mutual funds

While financial savings account for 46% of gross household savings, only 6% is allocated to mutual funds, underscoring the significant growth potential in the mutual fund industry

Chart of the Day: India’s household savings in non-bank assets grow, but below EMs

The overall AUM of retirement savings, insurance, and mutual funds grew at a 15 per cent CAGR which outpaced bank deposit CAGR of 9 per cent over the last ten years

ESR Group to invest Rs 360 crore to build 57 acre logistic park in Odisha

ESR Group, one of the leading asset managers in Asia Pacific, in a statement, said it has acquired 57 acres of land in Cuttack with a total development potential of 1.2 million square feet.

Asset under management of NPS and APY crosses milestone of Rs 10 lakh crore

Of the total, AUM under APY stood at Rs 30,051 crore at the end of August 25 while the figure for NPS Lite reached Rs 5,157 crore.

Union MF expects 50% growth in AUM, to reach Rs 15,000 cr mark by March

In the year to March 2023, UMF had an AUM of just Rs 9,853 crore across 4.96 lakh live folios from 21 cities.

Passive funds gain traction; AUM crosses Rs 7 lakh crore in May

During the last five years, the asset base of the passive fund industry has increased with an annualised growth rate of 53 per cent.

With asset quality in good shape and AUM growth on track, Poonawalla Fincorp to focus on profitability: Abhay Bhutada

We have done with our growth and asset quality. There is no worry on that front for three, four years, and completely from the current year, the focus will be on profitability. And you can see in the last two quarters there is a reduction in the operational expenditure, says Bhutada.

Bay Capital eyes Rs 5,000 crore AUM from its first, open-ended AIF

The fund would seek to generate long-term capital appreciation by investing in a diversified portfolio of up to 30 businesses across consumption, digitization, financialization, and i-outsourcing.

Bajaj Finance spurts 4% on strong Q4 business update

The non-banking finance company said its customer franchises increased by 3.1 Mn to stand at 69.1 Mn as of 31 March 2023.

Korean fund house Mirae Asset eyes Rs 1.5 lakh crore AUM by December

Mirae Asset is the only Korean fund operating in the country and since its entry in 2008, it has grown to become the 12th largest fund house in the country with an AUM of Rs 1.16 lakh crore as of February 2023.

Where are the women fund managers?

Why Indian mutual funds are loving cash all the more these days

The generally accepted normal range of cash proportion held by MFs is 1- 5 percent. However, only eight among the top 20 MF houses are currently holding cash below 5 percent of their AUM.

Total exposure of 5 state-run general insurers in Adani group at Rs 347 cr: MoS Finance

In reply to a question on details of money lent by banks and financial institutions to the Adani group, the Minister of State for Finance Bhagwat Karad said in a written reply to the Lok Sabha that the RBI Act prohibits disclosure of credit information submitted by a bank.