Page 8 - Aum

Alteria announces final close of second venture debt fund at Rs 1,800 cr

Alteria Capital Fund II will be the largest pool of alternative debt capital available for early and growth-stage start-ups in India

China corners bulk of EPFR flows in August among emerging markets

Flows into India totalled $983 million during the month, the EPFR data compiled by Kotak Institutional Equities shows

ICICI Home Finance to recast 4-5% of its loans, raise Rs 2,000 cr via NCD

Its pool of recast loans stood at 3.4 per cent of AUM by the end of June, according to CRISIL

MF overseas assets jump 3.7x to $2.8 bn in FY21, shows RBI data

Foreign liabilities rise by 50% to $14.5 bn; increase follows a sharp rally in global stocks and growing preference among domestic investors to park in foreign assets

Record SIP numbers bring cheer to mutual fund industry

Monthly SIP book nears Rs 10,000 cr, new SIP registration & AUM hit record highs

Investors shift focus to large-cap category in August, shows data

The data from the Association of Mutual Funds in India shows that daily AUM of the large-cap category stood at Rs 2.10 trillion in August against Rs 1.97 trillion in July

HDFC AMC banks on new launches to arrest decline in market share

The fund house has launched four equity funds the past few months to plug gaps in its product basket; it had launched only five actively-managed equity schemes between 2001 and 2020

India-dedicated funds see outflows of $417 million in July

Flows from global emerging market funds into India amounted to $459 million, led by non-ETF inflows of $318 million, taking the total inflows in CY21 to $5.6 billion.

84% in BofA Fund manager survey says US Fed will signal taper by year end

The BofA Survey was conducted between August 6 and 12 with over 250 panelists with $749 billion in assets under management (AUM) participating

Poonawalla Fincorp plans to triple AUM to Rs 45,000 cr by 2025

The company would also look at listing its housing finance subsidiary with an AUM of Rs 10,000 crore

Bajaj Finance's Q1 standalone net down 3% on higher loan loss provisions

On a consolidated basis, its net profit was down 4% to Rs 1,002 cr

Bajaj Finance's shares fall as company says lockdowns pulling down business

Company says growth plan for its asset under management (AUM) in FY22 will see an impact of Rs 4,000 crore at least

PNB HF eyes single digit growth in AUM, 15-16% in disbursement in FY22

The Delhi-based mortgage lender's AUM shrank from Rs 83,346 crore as on March 31, 2020 to Rs 74,470 crore as on March 31, 2021

HDFC AMC sheds 3% on low Q4 AUM growth, loss in market share woes

The company on Tuesday reported a 26.52 per cent year-on-year (YoY) growth in profit after tax (PAT) at Rs 316.08 crore for the three months to March 2021

MFs struggle to crack B30 code, shares remain in 15-17% range of AUM

Industry players say improving the penetration beyond the top centres will require setting up more branch networks and empanelment of distributors

Consumer financier Bajaj Finance's asset under management grows 4% YoY

In Q4FY21, it booked 5.5 million new loans, down almost 9 per cent sequentially and 8 per cent YoY

With new players at the gates, AMCs to see stiff competition in MF space

Currently, nine requests for MF licence are being processed by Sebi

Fund Pick: Canara Robeco Equity Tax Saver is a consistent outperformer

The month-end assets under management (AUM) of the fund grew from Rs 898 crore in January 2018 to Rs 1,476 crore in December 2020.

Crossed full-year target of Rs 8,000 cr AUM by Dec quarter: PGIM MF

PGIM India Mutual Fund has crossed the full-year 2020-21 AUM target of Rs 8,000 crore by the December quarter, a senior company official has said.

Union AMC aims to double assets base to Rs 10,000 crore this year

The fund house has more branches, workforce, and num­ber of customers at its disposal thanks to the amalgamation of Andhra Bank and Corporation Bank with Union Bank of India (UBI) last year