Assets Under Management

StanChart targets $200 bn new assets; focuses on Chinese, Indian wealthy

StanChart's assets under management sourced from wealthy Chinese and Indians with global needs rose by about 40 per cent and 20 per cent

Baazar Style Retail makes market debut; Quant MF joins Rs 1 trn AUM club

Quant Mutual Fund (MF) on Friday announced that its assets under management (AUM) has crossed the Rs 1 trillion mark

CapitaLand Investment to double funds under management in India by 2028

Eyes private credit for real estate, renewable energy

Higher valuations driven by 'bumper' growth expectations: Raamdeo Agrawal

Multiples will come down if the companies fail to deliver on earnings growth, he said

SMFG India Credit eyes Rs 60k cr AUM by 2024-25, to focus on sustainability

Sumitomo Mitsui Financial Group (SMFG) India Credit, one of the leading non-banking financial companies, is eyeing assets under management (AUM) to be Rs 60,000 crore by the end of the current financial year 2024-25. A statement by the company on Tuesday said that in the last fiscal, the total AUM was Rs 45,000 crore. The NBFC will also expand the branch network to expand its reach. In the last two years, 300 branches were added, mostly in Tier 2 cities and rural areas. The total number of branches of the NBFC now stands at 1000, the statement said. The company will focus on sustainable development and inclusive prosperity, it said.

Balanced advantage funds: Equity exposure dips as valuations kicks off

HDFC MF exposure drops below 50%, ICICI MF at 20-month low

Market regulator Sebi imposes Rs 3 lakh penalty on Nippon Life India AMC

Sebi allows AMCs to pay expenses of very small value but high volume out of the AMC's books up to a maximum of 2 basis points of the respective scheme's assets under management

Blacksoil disburses over Rs 220 crore in Q1 FY25, AUM increases 40%

The company added that its portfolio firms collectively raised Rs 541 crore in Q1 FY25

H1CY24 scorecard: Nippon India Mutual Fund grows fastest among top 10

HDFC and ICICI Prudential were the other two fund houses in the top 10 that registered over 20 per cent growth during the same period

Bajaj Finance's AUM rises 31% in Q1FY25, new loans booking improves by 10%

The deposits book of the company rose by 26 per cent to Rs 62,750 crore from Rs 49,944 crore as of June 30, 2023

Investors have matured, bear market not a major worry for MFs: DP Singh

Singh says the assets under management (AUM) can touch Rs 20-trillion in the next five years if the market remains supportive

Tuesday's stock market meltdown shaves off Rs 1.4 trillion of MF AUM

According to MF officials, smallcap fund AUMs saw a comparatively lower decline as their portfolios have a higher active weight

HDFC Life crosses Rs 3 trillion in AUM, reinforcing investment discipline

HDFC Life's Assets Under Management Cross Rs. 3 Lakh Crore

Namdev Finvest's assets under management cross Rs 1,200 cr mark in FY24

Non-banking financial company Namdev Finvest, which focuses on small business lending, on Tuesday said its assets under management have almost doubled to cross Rs 1,200 crore during 2023-24 fiscal. The Jaipur-headquartered company posted a growth of 92.62 per cent in AUM (asset under management) during fiscal 2023-24, with its net worth reaching Rs 410 crore. Namdev expanded its presence across eight states -- Rajasthan, Gujarat, Madhya Pradesh, Uttar Pradesh, Delhi, Haryana, Punjab and Uttarakhand. The company has secured a total funding of USD 41.5 million up to this point, with a USD 19 million of fundraise from Maj Invest in its latest round of Pre-Series C in April this year. Operating through 100-plus branches spanning across eight states in northwest India, the NBFC employs touch and technology (Phygital) loan approval and disbursal system, said Jitendra Tanwar, Managing Director and CEO of Namdev Finvest. "Until now, we have disbursed over 50,000 loans ranging from Rs 4,00

Shriram Group in talks with partners for wealth management biz foray

Shriram Finance expects vehicle sales growth to be in single digits during the current financial year, owing to a dip during the election season

Nippon Life Q4 results: AMC reports 73% rise in profit, revenue rise 34%

Shares of the company closed at Rs 586, with a gain of Rs 24, or 4.3 per cent

HDFC AMC profit jumps 37% to Rs 1,943 crore in FY24, revenue up 19%

Revenue from operations surges 19% to Rs 2,167 cr

Muthoot Microfin's AUM rose 32% YoY in Q4, loan disbursement highest ever

The AUM in the March quarter soared to Rs 12,194 crore as compared to Rs 9,208 crore during the same period a year ago

Smallcaps outperform larger peers by biggest margin since pandemic

Nifty Smallcap 100 index finished FY24 with a gain of nearly 70 per cent, outperforming the benchmark Nifty by 41 percentage points

Smallcap funds sit on over Rs 15,000 crore dry powder, shows data

High cash holdings in MF portfolios indicate deployment challenges and fears of a price correction