Steady inflows drive jump, cementing MFs as the go-to route for equity market participation
Shares have risen as much as 53% in six months
As MF AUM to bank deposit ratio doubles in 10 years
Wealth management company Centricity WealthTech plans to double its AUM to Rs 20,000 crore by March 2026 and has hired 30 senior private bankers to cater to the needs of High Networth Individuals (HNIs) and Ultra HNIs, to achieve the target. The asset under management (AUM) reached Rs 10,000 crore last month and the company is hoping to increase this to Rs 18,000-20,000 crore by the end of the current fiscal, Centricity WealthTech CEO Manu Awasthy told PTI. So, he said, effectively, the AUM should double in eight months and various initiatives would be taken to achieve this target. As part of the expansion strategy, the company has onboarded 30 senior private bankers to deepen presence across India's top 70 cities. This marks a significant step in Centricity WealthTech's vision to democratize accessibility of best-in-class financial advice beyond the traditional metros, backed by its proprietary technology and growing physical footprint, he said. The newly onboarded senior private
Guided assets grow faster than self-managed ones
Muthoot Microfin plans to grow AUM from ₹12,253 cr to ₹20,000 cr by FY27, raising secured loan share to 35% through LAP, gold co-lending and individual lending products
Suitable for seasoned investors willing to take higher risks
Investor count rises 5.2% in H1 2025, a sharp slowdown from 12% in the same period last year, as equity market volatility and fewer NFOs weigh on mutual fund inflows
Debt fund AUM grew at the same pace as equity funds over this one year
Bajaj Finance reports a 22% rise in Q1 net profit to Rs 4,765 crore for the quarter ended June 2025, driven by growth in interest income and assets under management
Crisil expects InvIT AUM to surpass Rs 8 trillion by FY27, driven primarily by acquisitions by mature trusts, with a stable credit outlook despite higher leverage levels
At the end of June 2025, direct plan SIP accounts had a total AUM of Rs 3.3 trillion, accounting for nearly 22 per cent of the total SIP AUM of Rs 15.3 trillion
Investor herd came charging back - AUM climbed 7% in Q1
In today's dynamic, tech-driven environment, smaller distributors need robust digital infrastructure and operational support to stay competitive, says Baxamusa
In contrast, the investment pattern in the top 30 cities (T-30) differs significantly due to the presence of institutional investors
Repo rate cut, liquidity infusing to aid NBFCs performance
Gold loan financier Indel Money on Wednesday said it expects to double asset under management (AUM) to Rs 4,000 crore in FY26 helped by rising demand for gold loans. The company's AUM stood at Rs 2,400 crore in the financial year ended in March 2025. Indel Money is aiming to achieve Rs 10,000 crore in disbursements and Rs 4,000 crore in AUM during the current financial year, the company said in a statement. The company opened 89 branches in the fiscal year, taking the total number to 365. It has a presence in 12 states and three Union Territories as of March 31, 2025. The company has also reported a profit of Rs 61 crore for the year, registering a 10 per cent growth year on year, it said. Indel Money reported NPA at 1.35 per cent of its assets, which highlights a significant improvement in asset quality against last year's 3.17 per cent, it said. "The overall credit situation will also improve. As a result, domestic consumption will gather steam in the days to come. Naturally, g
Ideally, equity portfolios should be diversified and held over the long term to capture growth trends across the corporate landscape and to allow for compounding effects
Total investments surge 27x in 5 years to nearly Rs 20,000 crore; still only 0.3% of the MF AUM
Board approves dividend of ₹0.5 per share