Carnelian received Sebi's mutual fund licence, while Nippon Life India Asset Management reported a 27% rise in Q1 profit on strong AUM growth and higher revenue
The Rs 9,813 crore IPO of India's largest asset management company by QAAUM saw robust institutional demand, with qualified institutional buyers subscribing 140.11 times
India's largest asset manager by assets under management has set a valuation of Rs 1.2 trillion, with the Rs 11,693 crore offer for sale opening on July 14
India's PMS industry doubles in a decade to 506 players, managing ₹41 trillion, as looming regulatory changes and competition from AIFs drive consolidation
Founders of India's first ETF have launched Lakshya AMC, aiming to tap the rise of passive investing with a focus on quant strategies and index-based solutions
ICICI Prudential AMC will allow fresh subscriptions into its Smallcap Fund from January 23, withdrawing earlier investment caps as smallcap valuations ease amid a broader market correction
Shares of capital market-linked firms jumped on strong Q3 results and optimism around long-term growth driven by financialisation and rising retail participation
Nomura expects healthy net inflows to continue as AMCs roll out new offerings such as specialised investment funds (SIFs) and extend their reach deeper into tier-II and tier-III markets
The investment will be made in Blueleaf's utility-scale solar, wind, and energy storage projects in India, and is expected to generate more than 3.2 gigawatt-hours (GWh) of clean energy annually
The company has already deployed over $350 million in Indian alternative assets and manages a 1.2 million square-foot portfolio of life sciences-related real estate