Asset Management

Prudential to sell 2% in India asset manager to meet regulatory threshold

Prudential Corporation Holdings Ltd., a subsidiary of the UK-based insurer, will offload 9.9 million shares in ICICI Prudential Asset Management Co. on Aug. 27

Motilal Oswal AMC surpasses ₹2 trillion assets under management in August

Motilal Oswal Asset Management Company on Monday announced that its total Assets Under Management (AUM) across its Mutual Fund, Alternative Investment Fund (AIF), and Portfolio Management Services (PMS) businesses crossed Rs 2 lakh crore in August. During FY2026, Motilal Oswal AMC expanded its product suite by launching 18 passive mutual funds and 5 active mutual funds. It added 56.08 lakh SIPs (Systematic Investment Plans) during FY2026 and recorded a SIP inflow of Rs 16,479 crore. "We have remained committed to building high growth in earnings focused portfolios, following our QGLP investment philosophy, with a long-term perspective backed by disciplined risk management," Prateek Agrawal, MD & CEO, Motilal Oswal Asset Management Company, said in a statement.

Carnelian Asset Management gets MF licence; Nippon Life Q1 profit jumps 27%

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

SBI Funds Management IPO subscribed 41.6 times as QIBs drive bidding surge

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

SBI Funds Management prices ₹11,693 crore IPO at ₹545-574 per share

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

Cat-III AIFs post industry-beating growth for third year in a row

Commitments raised, other parameters have grown faster than other AIF categories

AlphaGrep eyes edge in mutual funds with quant-driven strategies

Set to launch multi-asset fund next week

Smallcap valuations have moderated; understand the risks before you enter

The performance of these funds will hinge on a strong earnings recovery

Number of registered portfolio managers surpasses 500, doubling in a decade

India's PMS industry doubles in a decade to 506 players, managing ₹41 trillion, as looming regulatory changes and competition from AIFs drive consolidation

ICICI Prudential Asset Management Company posts 24% PAT jump in FY26

The profit rose from ₹2,651 crore in FY25 to ₹3,298 crore. Revenue from operations climbed 23.1 per cent year-on-year (Y-o-Y) to ₹5,765 crore

Founders of India's first ETF come back to MF space with Lakshya AMC

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 Pru AMC Smallcap Fund reopens for fresh investments from Jan 23

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

Capital market stocks rally on strong Q3 results, growth optimism

Shares of capital market-linked firms jumped on strong Q3 results and optimism around long-term growth driven by financialisation and rising retail participation

New MF rules from April 1: Sebi allows performance-linked expense charging

The revised regulations, approved at Sebi's December board meeting, will come into effect from April 1, 2026

Equity market to fare better in 2026, expect 10-12% return: ABSL AMC

Improving earnings momentum, domestic liquidity and potential FPI inflows could help Indian equities deliver 10-12% returns in 2026, says ABSL AMC

NARCL recovery tally rises to ₹4,192 crore as resolution gains pace

Government-backed bad bank sees sharp rise in resolution pace, acquires Rs 1.62 trillion in stressed debt

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