Page 4 - Motilal Oswal

Some active funds made hefty bets on Jio Financial amid ETF selling

The report is based on MF portfolio data of only the active market-cap based schemes like largecap, smallcap and multicap

Toast to margins, demand recovery: Liquor firms see buzz after sober Q1

Reversal of fortunes could lift the industry's spirits

Motilal Oswal MF buys Jio Financial Services' shares worth Rs 754 cr

Motilal Oswal Mutual Fund on Friday acquired 3.72 crore shares of Jio Financial Services, the demerged non-banking financial services unit of the Mukesh Ambani-led Reliance group, for Rs 754 crore through an open market transaction. According to the bulk deal data available with the NSE, Motilal Oswal Mutual Fund bought 3,72,00,000 shares, amounting to a 0.6 per cent stake in Jio Financial Services. The shares were purchased at an average price of Rs 202.80 apiece, taking the transaction value to Rs 754.41 crore. Shares of Jio Financial Services jumped 3.82 per cent to close at Rs 221.60 apiece on the NSE. Jio Financial Services Ltd (JFSL) listed on the stock exchanges on August 21. On Friday, the market capitalisation of the financial services company stood close to Rs 1.35 lakh crore on the BSE. In a separate transaction on NSE, Ascent Investment Holdings Pte divested a 3.7 per cent stake in Amber Enterprises India for Rs 353 crore through an open market transaction. Amber ...

Motilal Oswal Alternates to raise Rs 2,000 cr realty fund by March 2024

Motilal Oswal Alternates on Thursday said it is targeting to raise Rs 2,000 crore in a realty fund which will primarily lend to residential developers for buying land. This will be the sixth such fund from the platform promoted by the domestic brokerage, and over the last 15 years, it has delivered a return of over 20 per cent to investors, its managing director and chief executive Vishal Tulsyan told reporters. The company is targeting to achieve similar returns from the latest fund as well, he said, adding that while the real estate went through a very difficult phase over the last decade due to aspects like getting it under a regulatory purview, the prospects look much better now. It is primarily targeting to lend to developers looking for funds to purchase land, he said, adding that banks and non-bank finance companies do not engage in this business. The platform plans to raise the money from avenues like high net-worth individuals, domestic institutions and family offices by .

India August retail inflation expected below 7%: Motilal Oswal's Gupta

Retail inflation rose as of last count as prices of vegetables and cereals skyrocketed, beating all market expectations and putting pressure on the government to bring down prices

Motilal Oswal Financial Services' promoters to donate 10% stake in charity

Motilal Oswal Financial Services Ltd (MOFSL) on Friday said its promoters Motilal Oswal and Raamdeo Agarawal will donate 5 per cent each of their stake in the company for charitable purposes. The entire donation amount will be spent in the next 10 years or earlier, MOFSL said in a regulatory filing to stock exchanges. Motilal Oswal and Raamdeo Agarawal will donate 73,97,556 equity shares each of the company. "The company has received an expression of interest/intent, from Motilal Oswal and Raamdeo Agarawal, promoters of the company along with their family members, committing to donate 5 per cent equity shares by each of them aggregating to 10 per cent of total paid-up share capital of the company, towards charitable purposes," the filing noted. On Thursday, the company said it will transfer its broking and distribution business into Glide Tech Investment Advisory by way of slump sales. Glide, a wholly-owned subsidiary of MOFSL, is in the process of changing name to Motilal Oswal ..

Heavy liquidity driving mid-, small-caps: MD, Motilal Oswal Inst Equities

In a Q&A, Rajat Rajgarhia says high growth environment and peaking of interest rates create a fertile ground for equities

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

India's first micro-cap fund launched; to track Nifty Microcap 250 Index

The stocks in Nifty Microcap 250 Index are generally those that rank between 501 to 750 in the m-cap rankings

Sensex at 100,000? It's possible, believes Chris Wood of Jefferies

The target implies an upside of nearly 62 per cent from the current levels. Wood believes that India remains the best structural story across world markets.

Go green to women only: Mutual funds set to differentiate in FY24

HDFC MF, Motilal Oswal and Samco among fund houses offering new plans

Motilal Oswal AMC introduces new features in SWP; calls it 'FAB' plan

At the heart of this offering is the company's vision to give investors more control when planning their long-term financial goals and lifestyle choices

Motilal Oswal arm announced to invests Rs 400 crore in Pan Heathcare

A Motilal Oswal arm on Tuesday announced a Rs 400 crore investment in Rajkot-based hygiene products maker Pan Healthcare for a minority stake. The company established in 2016, which manufactures diapers and sanitary napkins, will use the funds for brand building and ramping up distribution, its promoter Chirag Pan said in a statement. Funds managed by or advised by Motilal Oswal Alternate Investment Advisors (MO Alts) have invested in the company of Pan Group, which also has interest in cement, cotton, steel and agri-trading, the statement said. Vijay Dhanuka, head of consumer sector at MO Alts said the hygiene products segment in India is significantly underpenetrated as reflected by per capita diaper consumption of less than 60 units as against 1,000 in the US and 400 in China, and the market is dominated by multinational companies. The company's strategy of creating large-scale operations, be it in manufacturing or in offline distribution through large feet-on-street workforce,

Clients went overboard on equities in last two years, says Ashish Shanker

Don't get carried away by near-term point-to-point returns as it will often lead to losses, says the Motilal Oswal Private Wealth MD & CEO

At 4% of GDP, household financial savings touch 30-year low; consumption up

In FY22, savings stood at 7.3 per cent. This fall in savings indicates an increase in consumption

Adani firms, RIL share honours in Motilal Oswal wealth-creation study

The biggest wealth creator in absolute terms is Mukesh Ambani-led Reliance Industries, with an increase in market capitalisation of Rs 13 trillion between 2017 and 2022

NSEL scam: Sebi bans five major commodity brokers for six months

The brokers had appealed to the Securities Appellate Tribunal (SAT) against a previous order by Sebi issued in 2019

Motilal Oswal invests Rs 450 cr in Shapoorji Pallonji Real Estate

Takes exposure to two projects--one commercial, the other a residential township

Easing material costs to aid Pidilite margins, near-term pressures weigh

Upsides from current levels may be capped due to higher valuations

Motilal Oswal AMC to accept fresh investments in international schemes

The AMC had suspended fresh subscriptions to these schemes in Jan after the MF industry came close to breaching global investment limit