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
Average quarterly AUM fell 1.7 per cent in Q4
The flagship company of Muthoot Group is one of the largest gold loan-focused NBFCs in India
NFOs come with inherent risks that investors should have considered before investing
The fund outperformed the benchmark (Nifty 500 TRI) in the past 6 months, as well as one-, two-, three-, five-, seven- and 10-year trailing periods
Moneyboxx Finance, which provides business loans to micro and small entrepreneurs, has reported a 56 per cent increase in its assets under management (AUM) to Rs 837 crore at the end of December 2024, aided by branch expansion and enhanced productivity. Its AUM stood at Rs 536 crore in December 2023. In a release, Moneyboxx said that in the third quarter of the current fiscal, it moved towards establishing a pan-India presence by launching operations in key southern states, including Telangana, Andhra Pradesh, Karnataka, and Tamil Nadu. In line with this expansion, the company said its strategic focus on secured lending yielded strong results, with secured loans accounting for 38 per cent of AUM in the third quarter of fiscal 2024-25, more than doubling from 17 per cent in the year-ago period. Moneyboxx Finance reported a 30 per cent growth in profits in the nine months of fiscal 2024-25 at Rs 6.53 crore, compared to Rs 5.02 crore in the year-ago period. Its profit in the third ...
Earlier this month, IIFL Finance reported an 8 per cent fall in loan assets under management to Rs 71,410 crore ($8.24 billion) for the first nine months of the fiscal year that ends in March
The Budget's tax cuts, with an estimated revenue foregone of Rs 1 lakh crore, are expected to improve sentiment and have a multiplier effect on consumer demand
Margins under pressure for NBFC unit
Following the deal, together with TVS Credit, the Group is eyeing a lending book size of Rs 50,000 crore in the next three years
As of January 28, the AUM of largecap funds was down only 3.7 per cent since the end of December 2024, compared to a 4.3 per cent fall in the Nifty 100
Inflows and fund launches reshape asset landscape
The company's growth is fueled by the infusion of Rs 5,500 crore from its key investors- KKR Fund and Ontario Teachers' Pension Plan (OTPP)