At the end of September 2023, the industry AUM stood at Rs 47.8 trillion
Executive vice chairman of Shriram Finance, believes that the company's assets under management (AUM) may see healthy growth during the rest of the year as well
In an interaction with Abhishek Kumar, Somaiyaa says investors should prefer hybrid funds in the current scenario
HDFC Bank works on open architecture and HDFC AMC's share in the bank's mutual fund business was only 24 per cent
The company plans to allocate 75 per cent of the net proceeds for purposes such as onward lending, financing and the repayment of existing borrowings, including interest and principal
Remember these funds have a limited track record currently; they will also not receive equity tax treatment
The growth in AUM results from both market performance and fresh investments
Investors unlikely to withdraw during market downturns or for other needs may do without them
FPIs holding more than 50 per cent of their equity Asset Under Management in a single corporate group will be required to comply with the requirements for additional disclosures
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
Five new fund houses Rs 12,400 crore AUM during their initial period
The dominance of banks in the mutual fund space raises questions about financial stability that require careful examination
Moderating sales, valuation concerns pull down deployment; net inflows from domestic equity funds at Rs 2,980 cr since April
Long-term investors can optimise costs by purchasing ETFs through low-cost brokers
Sequentially, the AUM grew by 10% over the March 2023 quarter
As of May 31, 2023, there are 251 passive funds tracking 101 unique Nifty indices
Investors from tier-II are increasingly roping in services of wealth managers, as they diversify beyond gold and real estate
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)
Table-topper UTI MF prides itself on the distribution network it has created in B-30 locations
Who is impacted; do the new rules better protect Indian companies from opportunistic takeover: questions answered