WebinarsNew
Deep DiveNew
Explore Business Standard
AUM
Portfolio Management Services (PMS) industry recorded a steady rise in assets under management (AUM), which increased 1.8 per cent month-on-month to Rs 43.3 lakh crore in June 2026, reflecting growing investor preference for customised and professionally managed investment solutions. The growth continued to be driven by the discretionary segment, according to a report released by the Association of Portfolio Managers in India (APMI) on Tuesday. The industry's client base also expanded nearly 4 per cent during the month to around 2.20 lakh accounts, indicating broader investor participation in FY27. Of the total AUM, the discretionary segment accounted for Rs 36.72 lakh crore, while the non-discretionary segment managed assets worth Rs 3.42 lakh crore, and the advisory category contributed Rs 3.06 lakh crore. Total inflows surged to Rs 3.55 lakh crore in June from Rs 4,085 crore in May, led by a sharp increase in discretionary inflows. Among asset classes, equity assets rose 1.4 pe
Assets under management of Specialised Investment Funds (SIFs) rose 29 per cent month-on-month to Rs 17,858 crore at the end of June 2026, driven by strong investor inflows into hybrid investment strategies, according to data from Amfi. The total SIF AUM increased from Rs 13,814 crore in May, while monthly inflows rose to Rs 3,782 crore against Rs 1,396 crore. Markets regulator Sebi introduced the SIFs framework in February 2025 to bridge the gap between regular mutual funds and high-ticket Portfolio Management Services (PMS). SIFs target sophisticated investors through flexible hedging, derivatives, and long-short strategies. According to ValueMetrics Mutual Fund & SIF Flow Meter, hybrid investment strategies continued to dominate the segment, accounting for 72 per cent of the total SIF AUM at Rs 12,822 crore as of June 30. Within this category, hybrid long-short funds alone managed Rs 11,910 crore, representing 67 per cent of the industry's total SIF AUM. Equity-oriented ...
India's private credit market has doubled in size in the past five years to about USD 25 billion in Assets Under Management (AUM) as of 2025 end, and will further expand amid strong financing demand, Moody's Ratings said on Thursday. However, the new RBI norms which allow banks to finance acquisitions will increase competition in a segment historically dominated by alternative capital. "While the new rules may benefit borrowers by lowering costs for financing and increasing its availability, they could compress yields and reduce deal flows for private credit providers for acquisition financing," Moody's said. As per the new RBI rules effective July 1, RBI, for the first time, has allowed banks to fund strategic acquisitions of equity shares and compulsorily convertible debentures, subject to certain conditions. Moody's said India's private credit market has expanded rapidly over the past five years, evolving from a source of financing primarily for distressed companies to a provide
Aadhar Housing Finance, which caters to the low-income group segment, aims to grow its asset under management (AUM) to Rs 50,000 crore over the next three financial years, helped by an 18-20 per cent increase in loans. The housing finance firm, having a ticket size of less than Rs 15 lakh, closed FY26 with an AUM of Rs 30,571 crore. "We are anticipating 18-20 per cent loan growth, and with this run rate, we expect to cross the Rs 50,000 crore milestone by FY29," Aadhar Housing Finance MD and CEO Rishi Anand told PTI. The affordable housing segment continues to benefit from structural drivers, including favourable demographics, increasing formalisation, and continued policy support such as Pradhan Mantri Awas Yojana (PMAY), he said. When asked about the outlook for the bottom line, he said the company would maintain a net profit run rate of 20-22 per cent. The mortgage firm witnessed a 22 per cent rise in net profit to Rs 1,108 crore and gross NPA of 1.08 per cent as against 1.05 p