Page 7 - Assets Under Management

Change in assets under management, a near-term challenge for AMCs

In the current Covid-19 scenario, investors are more conservative with a rising preference for less risky liquid funds compared to equity

NBFCs' AUM to shrink this year: A first in two decades, says CRISIL

Disbursements across segments are expected to fall by 50-60 per cent as the adverse impact Covid-19 pandemic plays out

PNB Housing Q1 PBT down 20.4% on sharp dip in NII, lower disbursement

Its net interest margin declined to 2.66% in Q1FY21 from 3.14% in Q1FY20 as it did not securitise part of portfolio in Q1FY21

Bajaj Finance: June quarter disappoints, all eyes now on collections

Higher provisioning in line with priority to mitigate balance-sheet risk

Mahindra Financial Services Q1 profit before tax up 98% to Rs 208 crore

The net profit rose by 129% to Rs 156 crore in Q1FY21 as against Rs 68 crore in Q1FY20

Bajaj Finance: Investors should await clarity on moratorium, asset quality

Some analysts are still cautious on asset quality

Fund Pick: UTI Equity Fund has consistently outperformed its peers

The scheme's investment objective is to generate long-term capital appreciation by investing predominantly in equity and equity-related securities of companies across market capitalisation

PNB Housing Finance plans to sell corporate loans up to Rs 2,000 crore

PNB HFC is in talks with banks for offloading a part of corporate loan book, and expects to finalise the deal in next few weeks, said Neeraj Vyas, MD and CEO of the housing finance company.

RBI opens Rs 50,000-crore special liquidity window to support mutual funds

According to the available data, the credit risk fund category saw its assets under management (AUM) dip by another 12 per cent in April to Rs 48,392 crore

Watch out for April SIP numbers

Treat exit by retail investors as a contrarian signal for entering equities

Decline in AUM to make equity MFs costlier, dent investor returns

An increase in TER could further dent investor returns, which have fallen significantly over the last month

Rating agency Brickwork downgrades PTC Financial Services to AA- from AA

The negative growth in the loan book of PFS, a unit of PTC India, is on account of funding challenges faced by NBFCs

Women fund managers outperform men on delivering returns: Morningstar study

Manage Rs 3.59 trillion or 13% of MF industry assets, yet remain under-represented in the industry, constituting only 8% of the country's fund manager population

AUM for gold ETFs up 30% in one year as investors rekindle interest

Hopes of further gains in the price of the previous metal could sustain inflows into gold ETFs

Nippon Life India AMC Q3: PBT jumps 18% to Rs 193 cr on rise in asset base

Management says post-rebranding several major investors have come back

HDFC AMC sees 27% spike in profit; holds 14.4% market share in MF industry

Improving mix of equity products is positive for an AMC as equity products offer higher management fees than fixed income products.

India-dedicated funds pull out over $3 billion so far this year: EPFR data

Global emerging market (GEM) funds saw outflows to the tune of $868 million, paring the 2019 inflows by these funds to about $181 million

India-dedicated funds pull out $653 million in July, shows EPFR data

Assets under management (AUM) of India-dedicated funds have slid by about a fifth in the past year

Mutual fund penetration poor in most states; way below global average

Many have mutual fund assets which are less than 2% of economic output

Bajaj Finserv reports flat net profit growth in Q1; total income rises 40%

Total Income grew by 40 per cent year-on-year, though profitability of life and general insurances business dragged the overall show