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Asset with portfolio managers grows to Rs 11.5 lakh cr by Sept-end

Besides, the number of clients rose to 64,138 in September from 53,871 in the year-ago period

Press Trust of India  |  New Delhi 

Wealthy investors continued to have faith in portfolio managers or advisory services as the assets under management of such entities surged to over Rs 11.5 lakh crore in the Indian capital market at September-end. It also marks the ninth-consecutive monthly increase in the asset base of portfolio managers. Asset base of portfolio managers, who mostly manage investments or provide advisory services to high net worth individuals (HNIs), stood at Rs 9.85 lakh crore in September 2015. According to the Securities and Exchange Board of India (Sebi), asset under management (AUM) of ...

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Asset with portfolio managers grows to Rs 11.5 lakh cr by Sept-end

Besides, the number of clients rose to 64,138 in September from 53,871 in the year-ago period

Besides, the number of clients rose to 64,138 in September from 53,871 in the year-ago period Wealthy investors continued to have faith in portfolio managers or advisory services as the assets under management of such entities surged to over Rs 11.5 lakh crore in the Indian capital market at September-end. It also marks the ninth-consecutive monthly increase in the asset base of portfolio managers. Asset base of portfolio managers, who mostly manage investments or provide advisory services to high net worth individuals (HNIs), stood at Rs 9.85 lakh crore in September 2015. According to the Securities and Exchange Board of India (Sebi), asset under management (AUM) of ... image
Business Standard
177 22

Asset with portfolio managers grows to Rs 11.5 lakh cr by Sept-end

Besides, the number of clients rose to 64,138 in September from 53,871 in the year-ago period

Wealthy investors continued to have faith in portfolio managers or advisory services as the assets under management of such entities surged to over Rs 11.5 lakh crore in the Indian capital market at September-end. It also marks the ninth-consecutive monthly increase in the asset base of portfolio managers. Asset base of portfolio managers, who mostly manage investments or provide advisory services to high net worth individuals (HNIs), stood at Rs 9.85 lakh crore in September 2015. According to the Securities and Exchange Board of India (Sebi), asset under management (AUM) of ...

image
Business Standard
177 22