Page 5 - Aum

SRG Housing Finance plans to surpass Rs 1,000 cr AUM in 3-4 next years

The loan disbursement of the company in the entire FY23 stood at Rs 191 crore which the management project to move towards Rs 250 to 300 crore in FY24

New entrants slow off the blocks in top-heavy mutual fund industry

Five new fund houses Rs 12,400 crore AUM during their initial period

Putting all eggs in one basket

The dominance of banks in the mutual fund space raises questions about financial stability that require careful examination

Moderating sales, valuations concerns pull down mutual fund deployment

Moderating sales, valuation concerns pull down deployment; net inflows from domestic equity funds at Rs 2,980 cr since April

Investors can eliminate price-NAV mismatch by opting for index funds

Long-term investors can optimise costs by purchasing ETFs through low-cost brokers

Poonawalla Fincorp's AUM grows 41% YoY in Q1FY24 to at Rs 17,770 crore

Sequentially, the AUM grew by 10% over the March 2023 quarter

AUM of domestic passive funds tracking Nifty indices tops Rs 5-trn mark

As of May 31, 2023, there are 251 passive funds tracking 101 unique Nifty indices

Wealth management firms go beyond metros to tap post-Covid surge in demand

Investors from tier-II are increasingly roping in services of wealth managers, as they diversify beyond gold and real estate

SMFG India Credit plans to double AUM to over Rs 70,000 cr in 3 years

Shantanu Mitra, its chief executive and managing director, said the company's AUM expanded by over 40 per cent Year-on-Year basis to Rs 36,613 crore at end of March 2023 (FY23)

UTI, SBI MFs lead small town footprint due to strong branch presence

Table-topper UTI MF prides itself on the distribution network it has created in B-30 locations

Sebi lists new norms for high-risk FPIs: What it means for investments

Who is impacted; do the new rules better protect Indian companies from opportunistic takeover: questions answered

Poonawalla Fincorp to keep headcount at 3,000 for 5 yrs to build AUM

Eyes Rs 50,000 crore AUM by FY27, up from Rs 16,000 cr currently

Hinduja's offer to infuse Rs 300 cr more in Reliance General Insurance

Group's total bid increases to Rs 10,000 cr, will strengthen its presence in finance services if it wins Reliance Capital race

Should investors worry about the slowing AUM growth at Bajaj Finance?

Recent price correction in Bajaj Finance's stock, strong growth outlook, peaking of rates, and potential to enter credit cards market, make risk-reward favourable, analysts said

Corporate share in MF AUM sinks below 40% since FY10, shows data

Debt MFs, which receive the bulk of corporate money, have seen sustained outflows for over a year. As a result, debt MF AUM declined 9 per cent in 2022-23 to Rs 11.8 trillion

CLSA upgrades Bajaj Finance as it logs record customer, loan growth in Q4

Loans booked by consumer financier Bajaj Finance jumped 20 per cent YoY to 7.6 million in Q4FY23, taking the total loans booked by the lender in FY23 to 29.6 million, its highest-ever in a year

Sebi's MF Lite plank for passive funds seen boosting India ETF landscape

Industry experts say it could help attract global players

Bajaj Finance booked highest ever new loans in FY23 at 29.6 million

AUM grew 29% YoY in Q4 to Rs 2.47 trillion

Korean fund house Mirae Asset eyes Rs 1.5 trillion AUM by December

Mirae Asset Investment Managers India hopes to close the current year with an AUM of Rs 1.5 lakh crore, up from Rs 1.20 lakh crore in December 2022, on the back of aggressive growth in systematic investments plans and its forte of equity-linked funds. Mirae Asset is the only Korean fund operating in the country and since its entry in 2008, it has grown to become the 12th largest fund house in the country with an AUM of Rs 1.16 lakh crore as of February 2023. Mirae Asset is fully-owned by the Mirae Financial Group of Seoul that globally manages over USD 225 billion assets. Mirae, whose large-cap fund has an AUM of over Rs 30,000 crore, and an emerging fund with Rs 24,000 crore, has two subsidiaries in the country -- wealth management and a zero-brokerage equity broking arm. As much as 90 per cent of its AUM are deployed in active equity funds, while the passive funds constitute Rs 3,000 crore, Swarup Mohanty, the chief executive of the fund house, told PTI. "We're seeing good tract

SIP pie in MF AUM clocks fresh highs in February, shows Amfi data

Investors take a shine to the systematic investment route for equity investment