Page 4 - Aum

AUM of domestic passive funds tracking Nifty indices tops Rs 5-trn mark

As of May 31, 2023, there are 251 passive funds tracking 101 unique Nifty indices

Wealth management firms go beyond metros to tap post-Covid surge in demand

Investors from tier-II are increasingly roping in services of wealth managers, as they diversify beyond gold and real estate

SMFG India Credit plans to double AUM to over Rs 70,000 cr in 3 years

Shantanu Mitra, its chief executive and managing director, said the company's AUM expanded by over 40 per cent Year-on-Year basis to Rs 36,613 crore at end of March 2023 (FY23)

UTI, SBI MFs lead small town footprint due to strong branch presence

Table-topper UTI MF prides itself on the distribution network it has created in B-30 locations

Sebi lists new norms for high-risk FPIs: What it means for investments

Who is impacted; do the new rules better protect Indian companies from opportunistic takeover: questions answered

Poonawalla Fincorp to keep headcount at 3,000 for 5 yrs to build AUM

Eyes Rs 50,000 crore AUM by FY27, up from Rs 16,000 cr currently

Hinduja's offer to infuse Rs 300 cr more in Reliance General Insurance

Group's total bid increases to Rs 10,000 cr, will strengthen its presence in finance services if it wins Reliance Capital race

Should investors worry about the slowing AUM growth at Bajaj Finance?

Recent price correction in Bajaj Finance's stock, strong growth outlook, peaking of rates, and potential to enter credit cards market, make risk-reward favourable, analysts said

Corporate share in MF AUM sinks below 40% since FY10, shows data

Debt MFs, which receive the bulk of corporate money, have seen sustained outflows for over a year. As a result, debt MF AUM declined 9 per cent in 2022-23 to Rs 11.8 trillion

CLSA upgrades Bajaj Finance as it logs record customer, loan growth in Q4

Loans booked by consumer financier Bajaj Finance jumped 20 per cent YoY to 7.6 million in Q4FY23, taking the total loans booked by the lender in FY23 to 29.6 million, its highest-ever in a year

Sebi's MF Lite plank for passive funds seen boosting India ETF landscape

Industry experts say it could help attract global players

Bajaj Finance booked highest ever new loans in FY23 at 29.6 million

AUM grew 29% YoY in Q4 to Rs 2.47 trillion

Korean fund house Mirae Asset eyes Rs 1.5 trillion AUM by December

Mirae Asset Investment Managers India hopes to close the current year with an AUM of Rs 1.5 lakh crore, up from Rs 1.20 lakh crore in December 2022, on the back of aggressive growth in systematic investments plans and its forte of equity-linked funds. 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. Mirae Asset is fully-owned by the Mirae Financial Group of Seoul that globally manages over USD 225 billion assets. Mirae, whose large-cap fund has an AUM of over Rs 30,000 crore, and an emerging fund with Rs 24,000 crore, has two subsidiaries in the country -- wealth management and a zero-brokerage equity broking arm. As much as 90 per cent of its AUM are deployed in active equity funds, while the passive funds constitute Rs 3,000 crore, Swarup Mohanty, the chief executive of the fund house, told PTI. "We're seeing good tract

SIP pie in MF AUM clocks fresh highs in February, shows Amfi data

Investors take a shine to the systematic investment route for equity investment

BS Fund Manager: CEOs of top MFs quite confident about conquering Bharat

MF heads are divided over the lack of talent in the industry

Shriram Finance aims to raise $2.44 bn in FY24 to fund growth: Official

The retail non-banking finance company (NBFC) aims to grow its assets under management (AUM) by 15% in fiscal 2024 to around 1.9 trillion rupees to 2 trillion rupees

Women's Day special: Why India must invest more in this 'asset class'

Number of women fund managers rises YoY to 42, but is still below 10% of overall figure of 428; While their count is growing, their share in AUM is declining steadily

Axis Bank-Citi deal: Synergies seen FY25 onwards on deposit, AUM attrition

The higher deposit run-down, coupled with optically higher loss in Q4, could weigh on the stock performance in the near-term

Fibe crosses Rs 10,000 cr in loan disbursals, aims to double AUM every year

Launches upgraded app with conversational user interface as firm turns seven

Murugappa group's Chola expects 30% AUM growth next fiscal, bets on EVs

Chennai-based company is expanding EV presence by forming tie ups with original equipment manufacturers