Asset Mobilisation

The RBI data showed YTD growth in deposits was 5 per cent for H1FY25 as against 6.9 per cent for H1FY24

The fund has consistently outperformed its peers in all trailing periods under analysis

The central government and Central Public Sector Enterprises are estimated to monetise assets worth Rs 1.50 lakh crore in the current fiscal, a tad lower than the targeted of Rs 1.75 lakh crore, a senior official said. Under the National Monetisation Pipeline, the aggregate monetisation potential of the central government's brownfield infrastructure assets has been estimated at Rs 6 lakh crore over a four-year period, from FY 2022 to FY 2025. In an interview to PTI TV, the Department of Investment and Public Asset Management (DIPAM) Secretary Tuhin Kanta Pandey said about Rs 1.75 lakh crore was the target for asset monetization this year and "we are going to achieve something like Rs 1.50 lakh crore through monetisation". Pandey said monetisation is going on through infrastructure investment trust (InvITs), Toll Operate Transfer (TOT) in mining, road and power sector and is beginning to happen in the petroleum sector. "The asset monetisation proceeds do not visibly appear in the ..

Another expert termed Nippon India Multi Asset Fund as an example of a true multi-asset fund, saying this fund believes in classical asset allocation

PGIM India Asset Management on Thursday announced the launch of category III Alternative Investment Fund (AIF), which aims to collect up to Rs 1,000 crore. PGIM India AIF is planning to raise Rs 500 crore with an option to collect an additional Rs 500 crore through the greenshoe option this financial year (FY24), the company said in a statement. "With the launch of the AIF, we have expanded our offering to more segments of investors especially in the higher wealth tiers, including family offices," Ajit Menon, CEO at PGIM India Asset Management, said. The total industry size of the AIF sector in the country is about Rs 8.45 lakh crore in terms of commitments raised as of June 2023 and the category III AIF has industry assets under management of Rs 85,057 crore in terms of commitments raised during the same period. "The endeavour is to create investment portfolios focussing on opportunities across segments that may command a faster growing profit pools triggered by the changing natu

The Ministry of Road Transport and Highways (MoRTH) plans to raise Rs 35,000 crore through various modes of asset monetisation in this financial year, against Rs 32,855-crore target in the last fiscal, a senior government official said on Sunday. Currently, MoRTH monetises its assets under three different modes viz toll-operate-transfer (TOT) model, Infrastructure Investment Trust (InvIT) and project-based financing, in order to provide all categories of investors an opportunity to invest in assets pertaining to highways and associated infrastructure. Infrastructure Investment Trust (InvIT) is an instrument on the pattern of mutual funds, designed to pool money from investors and invest in assets that will provide cash flows over a period of time. Elaborating further, the official told PTI that while Rs 15,000 crore is planned to be raised in 2023-24 via project-based financing of high-speed corridors by securitising the future toll revenues without any guidance from the authority,

A report by Institutional Investor Advisory Services (IiAS) last month says that the company has defaulted on loans to the tune of Rs 3,561 crore as on March 31, 2022

Whether or not the government succeeds will depend on how successfully it controls the bureaucracy involved in the scheme.

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The total estimated capex towards these projects stands at Rs 14,483 crore between FY22-FY25

The central government should help the poor and the middle class instead of giving away the assets created in the past 70 years to the private sector at throwaway prices, Sachin Pilot said

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The BJP on Tuesday cited the previous Congress government's efforts to monetise different assets to wonder if the party was then trying to "sell" the country

Congress leader Rahul Gandhi on Tuesday questioned the move of the government to monetise its assets across key sectors, saying all assets created in the last 70 years are being sold

Trinamool Congress Tuesday lashed out at the newly unveiled National Monetisation Pipeline calling it a "dangerous bid" by the "bankrupt" Narendra Modi government to raise money

The Congress described the govt's infra monetisation plan as "legalised loot and organised plunder", alleging that invaluable public assets created over decades are being handed over to a chosen few

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The rating agency said the asset monetisation potential is supported by healthy investor interest either through investment at asset level, or infrastructure investment trusts (InvITs).

InvIT to be floated by the end of next fiscal year

In the Union Budget, Finance Min­i­s­ter Nirmala Sitharaman had outlined the government's intent to monetise surp­lus public lands by way of direct sales, concessions or other means