Page 9 - Aum

Trust Asset Management targets Rs 10,000 crore AUM in first 2 yrs

Trust Asset Management Company is the latest to enter the already cluttered mutual fund industry

Nifty50 ETFs' assets base crosses Rs 1 trn, asset under management Rs 2 trn

Also, the total assets under management (AUM) of the ETF (equity and debt) have reached Rs 2 trillion, the NSE said in a statement

Multicap funds with large AUM may face difficulty in re-shuffling portfolio

There is no need for existing multi-cap investors to panic or take any action, despite the likelihood of higher portfolio risk if the regulations are implemented in their present form.

Franklin Templeton MF's shut schemes receive Rs 4,280-cr since closure

Franklin Templeton shut six debt mutual fund schemes on April 23, citing redemption pressure and lack of liquidity in the bond market

Bajaj Finance consolidated Q1 pre-tax profit down 29% on Covid provisioning

Net profit down 19 per cent to Rs 962 crore from Rs 1,195 crore in Q1FY20

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

Mutual funds' asset base falls 8% to Rs 25 trillion in June quarter

AAUM of the industry, comprising 45 players, stood at Rs 24.82 trillion in April-June quarter 2020 as compared to Rs 27 trillion in the preceding quarter

Franklin Templeton fund of funds sees sharp value drop after scheme wind-up

Six fund-of-funds schemes take 6-25% NAV hit to their exposure to schemes wound up by the AMC

Shriram Transport Finance Q3 PBT up 20.6% to Rs 1,186 cr; stock ends flat

The other income rose by about 250.5 per cent to Rs 64.4 crore in Q3FY20 from Rs 18.4 crore in same quarter of last fiscal

Q3 result: Manappuram Finance net profit rises 63% to Rs 398 cr, AUM up 35%

Its total consolidated revenue from operations rose over 29 per cent to Rs 1,399.02 crore, taking its assets under management (AUM) to Rs 24,099.95 crore, up 35.52 per cent.

Mutual fund AUM rises 7.4% to Rs 26.33 trn in October on high equity inflow

Fund managers attributed growth in the asset base to higher retail participation and robust inflows in equity schemes and liquid funds

BS jury picks five best fund managers in the debt and equity category

Given the focus on safety and quality, the task of choosing money managers in the debt category was tougher than that for equity funds

BS Fund Manager: Can mutual funds win back the confidence of investors?

Given the recent credit events and equity market volatility, the going may not be easy for fund houses

Investigate steep decline in a debt fund's AUM as it can spell trouble

After massive redemption, exposure to poor-quality, illiquid papers can rise to unacceptably high levels

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

Prefer short-duration bond funds to credit-risk funds for safer investment

However, SEBI does not specify the credit profile of the funds

IL&FS effect: Investors shift money to overnight funds, AUM surges 3-fold

Category could emerge larger as Sebi seeks ways to reduce risks in liquid schemes

Assets under management of top India-focused offshore equity funds shrink

For the 12-month ended June 2018, FPI outflows stood at $500 million