Page 2 - Aum

Godrej Capital eyes 2-fold AUM rise by FY28, rules out capital infusion

Non-bank lender Godrej Capital's assets under management have grown to about Rs 18,000 crore, and the company is targeting to close FY26 at over Rs 25,000 crore, a top official has said. Over the next two years -- FY27 and FY28 -- it plans to nearly double the AUM to Rs 50,000 crore, its managing director and chief executive Manish Shah told PTI. The company, in which parent Godrej Industries owns over 90 per cent stake, has sufficient capital right now as most of the capital committed by the group has already come in, he said. "Until such time as we list, the capital will come from the group. Most of it we have already received. We don't need a lot more capital over the next few years," Shah said. The parent firm has infused an additional Rs 285 crore into the company to increase its stake by 1.41 per cent to a total of 90.89 per cent. Shah said the company is also delivering profits now, which can be reploughed back into the business for asset growth, but made it clear that the

Nomura bets on HDFC AMC, NAM amid strong AUM, operating profit growth hopes

Over the past month, shares of HDFC AMC and NAM have rallied 13 per cent and 16 per cent, respectively, BSE data showed.

Tax change, gold rally power FoF AUM past Rs 1 trillion in April

Fund of funds cross ₹1 trillion AUM in April 2025 for the first time, driven by tax reforms, gold's stellar returns, and launch of several new mutual fund offerings

Aditya Birla Capital Q4FY25 results: Net profit rises 6% to ₹865 crore

Consolidated FY25 net up 8% to ₹3,142 crore; operating profit in Q4 jumps 25%, AUM grows 17% to ₹5.11 trillion, Udyog Plus portfolio crosses ₹3,500 crore

Aditya Birla Sun Life AMC gains 7% on steady Q4 numbers

Market share across segments is expected to improve with an improving fund performance (~85 per cent of funds are beating benchmarks).

Hybrid mutual fund schemes' inflow moderates in FY25 amid market turbulence

Hybrid mutual fund schemes attracted Rs 1.19 lakh crore in 2024-25, 18 per cent lower than the preceding fiscal, owing to market turbulence in the second half of FY25 triggered by corporate earnings slowdown and geo-political tensions. Despite the moderation in inflow, the category has seen a robust increase in both the number of investors and assets under management (AUM) during FY25 compared to those in the preceding fiscal, data with the Association of Mutual Funds in India (Amfi) showed. A key factor contributing to this resilience is the drawdown protection provided by the debt component of hybrid schemes. "The drawdown protection offered by the debt component of hybrid schemes is a key reason, as it allows investors to stay invested without the stress that comes with pure equity volatility. The NAVs (net asset valued) of hybrid funds typically experience lower drawdowns compared to equity funds, making them a preferred choice for investors seeking a more stable journey," Trive

Making further inroads: Mutual funds on expansion spree in smaller towns

The individual AUM of investors in B-30 surged 27 per cent in FY25, reaching ₹10.8 trn. In comparison, AUM in the top 30 cities (T-30) increased by 21 per cent to ₹30.5 trn during the same period

Carnelian Asset targets $2 bn AUM by FY26, plans expansion in 7 cities

Carnelian Asset Management & Advisors aims to increase its asset under management (AUM) to USD 2 billion by March next financial year, notwithstanding the current subdued market sentiment. The entity, which manages funds of high networth individuals, also plans to expand its reach in seven new cities during the next financial year. "We hope to touch AUM of USD 1.2 billion by this month end and USD 2 billion by the end of next financial year," Carnelian Asset Management & Advisors founder Swati Khemani told PTI. Asked if the subdued market sentiment has impacted fund flow, she said, most of the investors feel that this is a temporary phenomenon and it should be corrected during the course of next financial year. Most investors of Portfolio Management Services and Alternate Investment Funds are having deep pockets and their investment horizon is medium to long-term. To attract overseas money, Khemani said, Carnelian Asset Management & Advisors has set up an office in GIFT ...

The Wealth Company eyes expansion, targets three-fold growth in Tamil Nadu

Currently, Chennai accounts for 5.15 per cent of the company's AUM, a figure that The Wealth Company aims to increase to 15 per cent

Shriram Life plans three-fold rise in AUM by 2030, bets on rural India

Insurance company's managing director says company expanding in rural India faster than its private competitors

Shriram Finance bets on green financing, targets Rs 5,000 cr AUM in 3 years

The green financing vertical will finance EVs, renewable energy products, energy-efficient machinery, and other sustainable solutions

Multi-asset funds hit afterburners: AUM growth reaches critical mass

Inflows and fund launches reshape asset landscape

Highways Infra Trust eyes Rs 25K crore AUM this FY: Gaurav Chandna

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)

Top 5 Mutual funds deadlift Rs 11 trillion in assets, shows data

AUM heavyweights SBI, HDFC, and ICICI Pru, flex muscle, adding Rs 2 trillion+ each

A break-tape stumble can't halt mutual fund AUM sprint to finish

39% home stretch boost powers AUM to Rs 68.6 trillion

Shriram Finance targets Rs 5,000 cr AUM for green lending in 3-4 years

Shriram Finance's total AUM was 2.43 trillion rupees as of September end and its green financing portfolio is currently around Rs 6 billion- Rs 7 billion, the company said at a press conference

LIC MF may consider IPO once AUM reaches Rs 1 trillion: MD RK Jha

LIC Mutual Fund might consider an IPO once its asset under management (AUM) reaches the Rs 1 lakh crore mark, which it was targeting by FY'26, a top official said on Friday. At present, LIC MF's AUM was around Rs 38,000 crore, a significant jump from Rs 16,526 crore in FY'23. "We have grown by 67 per cent in FY'24 and our current growth run rate is 30 per cent," LIC MF Asset Management Ltd MD and CEO RK Jha told PTI. He said the current equity contribution across all funds is 47 per cent, with debt accounting for the remaining 53. Institutional and corporate investors have put their money mostly in debt funds, while retail participation is skewed towards equity, he added. "We want retail or equity weightage to grow to 65-70 per cent when we hit Rs 1 lakh crore," he said, acknowledging the ambitious nature of the target with 15 months remaining. Jha said that to achieve it, LIC MF has taken several initiatives. Among them is expanding its offices by tapping the vast network of Lif

Corporate bond funds: High credit quality, moderate duration risk

According to the Securities and Exchange Board of India (Sebi), corporate bond funds must allocate at least 80 per cent to corporate bonds rated AA-plus or higher

Equity mutual funds log Rs 34,419 crore net inflows in September

Inflows into equity schemes positive for 43rd; MF industry AUM tops Rs 68 trn

Equity rally fuels fastest quarterly growth in MF assets in five years

Average AUM rises 12.3 per cent sequentially to Rs 66.2 trillion