Page 5 - Assets Under Management

Indiabulls Housing embarks on growth path after three quarters of stability

IHFL's balance sheet and AUM have stabilised and the base has been formed for 10% YoY growth in loans this financial year

Investors react positively to LIC's good showing in second quarter

LIC posted a record rise in the Q2 profit after tax (PAT) to Rs 15,950 crore, up 10x year-on-year (YoY) compared to Rs 1,433.71 crore a year ago

Edelweiss to slash wholesale loan book to Rs 2,900 crore in 2 years

In a filing with BSE, the company said improved macro environment and sell-down capabilities were driving faster book reduction

AUM of commodities under warehousing financing show pick-up in FY23: NCML

It currently manages around 800 warehouses across the country of which almost 40 are owned by NCML

LIC Housing Finance stock comes under pressure on weak Q2 results

Improvement in interest income and margins crucial for investor sentiment to revive

Vehicle finance sector to return to pre-Covid level by Q2 next fiscal: CIFC

Murugappa group's financial services unit says bad loans are down and it expects AUM to grow 25% this financial year

India-dedicated funds stanch FPI sell-off in September, shows data

If not for inflows from India-dedicated funds, the FPI outflow tally in September would have crossed $2 billion.

Poonawalla Fincorp Q2 results: Net profit rises 70.8% to Rs 163 cr

Net interest income for reporting quarter grew by 33 per cent at Rs 446 per cent

Shriram Group waits for NCLT approval of merger, ready for integration

Group conducting trial run at branches, preparing super app for merged entity called Shriram Finance

Fund houses rush to acquire talent as tightening of compliance rules weighs

New hires demand compensation beyond standard hikes to make up for impact on take-home pay due to the skin-in-the-game norms; seasoned professionals quit in droves

Net inflows into equity MFs jump 130% to Rs 14,100 crore in September

SIP inflows surged 2 per cent month-on-month (MoM) in September to Rs 12,980 crore, according to the latest data released by the Association of Mutual Funds in India (Amfi).

Poonawalla Fincorp AUM grows 21% YOY to Rs 3,270 crore in Sept quarter

Sequentially, its consolidated asset portfolio expanded by 5% over Rs 17,660 crore at end of June 2022

BS Number Wise: Old scheme puts burden of employee pension on the states

Some governments are seeking short-term benefits to finance their bills, risking their financial security

Retail MF assets top Rs 20 trillion for the first time in August

More retail investors now take the MF route for investing rather than direct investing

Equity inflows at 10-month low in Aug, exchange traded funds gain traction

Average AUM for industry rose to Rs 39.5 trn, compared to Rs 37. 8 trn in July

Share of debt mutual funds in industry AUM wilts markedly, shows data

The share of debt MFs has been consistently sliding after the pandemic, with interest rates headed south and stock markets ascending

Indian fintech to have $1 tn in AUM, $200 bn revenue by 2030: Report

Fintech-facilitated lending will grow by $476 billion to reach $514.6 billion in book size by 2030

Passive funds set for boost as Sebi eases market making, NFO and ETF rules

Industry players expect assets to double in five years

Edelweiss ARC plans to deploy Rs 1,200 crore to acquire bad loans

With improving business environment, it has pegged recoveries to between Rs 5,000 crore and Rs 6,000 crore in FY23. Its assets under management (AUM) stood at Rs 40,251 crore at the end of March 2022

Eduvanz raises Rs 50 cr in debt round as credit disbursal doubles in FY22

Onboards Oxyzo and Unifi AIF as new lenders; existing lenders, Vivriti and MAS, take incremental exposure