Page 3 - Aum

MF AUM increases to 29% of bank deposits on equity rally, inflows

In the financial years ending March 2023 and March 2022, MFs had cornered over 6 per cent of household savings. In FY21, this figure had been a mere 1.3 per cent, according to RBI data

Quant MF confirms reports of search and seizure ops for the first time

Quant MF claims to have received no further communication from the regulator since the searches were conducted

Record inflows, equity rally drive MF AUM past Rs 60 trillion: Amfi data

Industry adds latest Rs 10 trillion in just six months

Go for money market funds with a large AUM and low expense ratio

MMFs invest in fixed-income instruments maturing in less than one year, minimising interest-rate risk

Piramal Finance plans to double retail AUM to Rs 1 trillion by FY28

Since the acquisition of DHFL in 2021, the goal has been to build on its strong customer franchise in smaller towns

IIFL Finance Q4 results: Profit down 6% to Rs 430.6 cr on higher provisions

For FY24, its consolidated net profit rose by 23 per cent to Rs 1,974.2 crore from Rs 1,607.5 crore in FY23. Its NII rose by 38 per cent Y-o-Y to Rs 4,153.8 crore in FY24

Tuesday's stock market meltdown shaves off Rs 1.4 trillion of MF AUM

According to MF officials, smallcap fund AUMs saw a comparatively lower decline as their portfolios have a higher active weight

HDFC Life crosses Rs 3 trillion in AUM, reinforcing investment discipline

HDFC Life's Assets Under Management Cross Rs. 3 Lakh Crore

Small towns, big wins: Mutual fund AUM breaks the Rs 10 trillion barrier

B30 AUM SURGE MIRRORS SMALL TOWN GRIT: Lower base, higher equity driving growth

India-dedicated global funds: The secret sauce for domestic equities

Consistent main course with $8.1 billion served up in Q1 2024

Fund houses' ticker-tape parade of fiscal success on the D-Street

Robust performance buoyed by soaring AUM and stellar equity performance

Moneyboxx AUM crosses Rs 720 cr in FY24, aims to double this fiscal

The company currently has 100 branches in eight states in north, central and west India, and also plans to significantly expand its presence and enter south India in the current financial year

Poonawalla Fincorp's AUM surges 54% in Q4FY24, hits Rs 24,800 crore

'FY24 was the year of significant growth across all business parameters', said Abhay Bhutada, MD, Poonawalla Fincorp

LeapFrog investments, Aavishkaar infuse $48 mn in Electronica Finance

The fund will pave the way for EFL's expansion, specifically in financing for MSMEs in India's high-growth manufacturing sector

Ombudsman system, sustainable clothing: Top personal finance stories

Our top stories this week explain how financial institutions are supposed to solve customers' complaints and what to wear in summer

Piramal Enterprises posts Rs 2,378 crore loss on AIF provisions in Q3

Capital adequacy remains strong despite 4% AIF impact; Slows down on unsecured consumer loan book

Shriram Finance sees assets under management growth slowing to 15% in FY25

"For this year, we may end up at an AUM growth of around 20% because the first three quarters have been good," Umesh Revankar said

Total corpus under pension funds crosses Rs 11 trillion: PFRDA chairman

The Pension Fund Regulatory and Development Authority (PFRDA) Chairman Deepak Mohanty on Friday said the total corpus under the National Pension System and Atal Pension Yojana has crossed Rs 11 lakh crore. The milestone of Rs 11 lakh crore asset under management (AUM) was achieved on January 10, 2024, he told reporters here. The AUM has increased from Rs 10 lakh crore to Rs 11 lakh crore in 4 months 18 days (August 24, 2023 to January 10, 2024), he said, adding the private sector AUM crossed Rs 2 lakh crore. The authority in September revised the AUM target of Rs 12 lakh crore for the current fiscal. The pension authority is working on a minimum assured pension plan, and it could become a reality in the next financial year if the guarantee issued is resolved. "There are a lot of complications in determining the rate of return, what to set as the bar for return. Fund managers are also thinly capitalised. So, you have to keep a check on their liabilities also," Mohanty said. Asked

Mutual funds' growing heft

Maintaining the confidence shown by investors is crucial, as a single bad episode could spoil the party

Eyeing Rs 100 trn AUM, 100 mn investors by 2030 for mutual funds: Amfi CEO

'Growth from here on will depend on how the economy and companies perform and the pace at which the industry adds new investors'