Asset Management

Nomura backs Indian AMCs amid retail surge; Nippon Life, HDFC AMC top picks

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

Hiding foreign assets? Black Money Act provisions carry heavy penalties

Tax department warns of penalties, details how to revise returns by December 31 deadline

DWS Group to acquire 40% stake in Nippon Life India's alternatives arm

The partnership will expand NIAIF's $1 bn alternatives platform, leveraging DWS's global network to attract offshore investors

UK's BII set to invest $75 million for Blueleaf Energy's India plans

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

Nuvama, HDFC AMC tank upto 9% today; why are capital market stocks falling?

Sebi has released a consultation paper on overhauling the mutual fund regulations to simplify the rules and reduce costs for investors

Singapore's Lighthouse Canton to invest over $1.5 billion in India

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

The year ahead: Global uncertainties set to influence asset prices

The last 12 months have been characterised by economic uncertainties and geopolitical tensions

Nandan Nilekani says Finternet to go live in 2026 using AI, tokenisation

Infosys co-founder says India's next digital public infrastructure will unify tokenised assets such as land, property, and bonds under a regulatory framework

Aggressive hybrid funds suit moderate-risk investors with long-term goals

Such funds are not entirely immune to volatility due to their considerable equity allocation

CVC in talks to buy KKR's stake in Avendus after Mizuho deal falters

A sale would mark one of the larger pvt equity exits in India's financial services sector, signaling strong investor appetite for country's fast-growing capital markets and wealth management industry

Jio Financial, Germany's Allianz form JV to set up reinsurance business

Jio Financial Services Ltd (JFSL) on Tuesday said the company and Allianz of Germany have incorporated a joint venture company named 'Allianz Jio Reinsurance Ltd' (AJRL) to carry on the business of reinsurance in India. The company AJRL will invest an amount of Rs 2.50 lakh towards initial subscription of 25,000 equity shares of face value Rs 10 each for 50 per cent stake, JFSL said in a regulatory approval. AJRL has been incorporated pursuant to receipt of no objection certificate from Insurance Regulatory and Development Authority of India, it said. The Certificate of Incorporation was received from the Ministry of Corporate Affairs, by email, on September 8, 2025, it added. Both the companies on July 18, had announced a binding agreement to form a 50:50 domestic reinsurance joint venture to serve the dynamic and high-growth insurance market in India. The announcement comes months after Allianz parted ways with Bajaj group financial services firm Bajaj Finserv. The reinsurance

360 ONE buys 50% stake in Brookfield's mixed-use development for ₹2,400 cr

360 ONE Asset buys a 50% stake in Bluegrass Business Park from Brookfield for Rs 2,400 crore, marking a significant real estate deal in Pune's commercial sector

IBC Bill proposed wider look-back period for preferential transactions

Amendments target asset exclusion tactics, enable partial resolutions, and streamline insolvency process

Nuvama upbeat on AMCs, RTAs; backs HDFC AMC, Nippon Life, KFin; here's why

The brokerage expects asset management companies (AMCs) and registrar and transfer agents (RTAs) to post a recovery in quarterly earnings, supported by steady inflows and stable equity markets.

Capitalmind gets Zerodha's Rainmatter backing after MF debut success

Capitalmind secures Series-A funding from Zerodha's Rainmatter after raising ₹45 crore in its mutual fund NFO. The Flexi Cap Fund reopens as Capitalmind targets retail and HNI investor segments

Q1 show brightens outlook for MF firms; analysts expect stocks to gain

In Q1, three of the four AMCs registered double-digit profit growth compared to the same quarter last year

360 ONE Asset launches Multi Asset Allocation Fund: Who should invest?

360 One Multi Asset Allocation Fund is an open-ended scheme investing in a diversified portfolio of equities, debt, and commodities

UTI AMC Q1 results: Profit falls 7% to ₹237 cr; revenue rises 3% to ₹547 cr

UTI Asset Management Company (AMC) on Thursday posted a 7 per cent decline in its consolidated profit after tax to Rs 237 crore for the quarter ended June 2025. The company had posted a profit after tax of Rs 254 crore in the same quarter of the preceding fiscal (2024-25). Its revenues from operations rose 3 per cent to Rs 547 crore in the quarter under review from Rs 529 crore in the April-June quarter of FY25, according to an exchange filing. "Q1 FY26 has offered a strong start to the financial year both for UTI AMC as well as the mutual fund industry. At the company level, we have seen a notable growth in AUM and steady SIP inflows depicting a progressive curve in the last quarter," Imtaiyazur Rahman, Managing Director & Chief Executive Officer, said. As of June 2025, the total group assets under management (AUM) for UTI AMC stood at Rs 21.93 lakh crore. UTI Mutual Funds' quarterly average asset base was at Rs 3.61 lakh crore.

Sebi proposal to allow AMCs to manage family office funds sparks debate

Sebi's plan to let AMCs manage non-broad-based pooled funds without PMS licences has sparked debate over regulatory parity, competitive fairness, and market safeguards

FundsIndia names Akshay Sapru as Group CEO to lead strategic growth

Digital platform for mutual funds and investment solutions provider FundsIndia has appointed Akshay Sapru as its Group Chief Executive Officer, the company said on Saturday. FundsIndia is backed by private equity firm WestBridge Capital, a majority stakeholder in the city-based firm. On his new role, Akshay Sapru would report to the Board of Directors and lead the company's strategic direction and growth across all verticals, FundsIndia said in a company statement. With a career spanning over 27 years in the banking, financial services and insurance (BFSI) sectors, Akshay Sapru brings a wealth of domain knowledge and multifaceted leadership skills to FundsIndia. His expertise covers a broad spectrum, including retail banking, private wealth management, sales and digital innovation, it said. WestBridge Capital's Managing Partner Sandeep Singhal said, "His rich experience and strategic mindset will play a vital role in accelerating FundsIndia's growth journey and help the firm delive