Page 8 - Aum

Bajaj Finance's first-quarter net profit surges 159% y-o-y to Rs 2,596 cr

Shares of the company closed at Rs 6,393.75 - up 2.14 per cent from the previous days' close

LIC MF aims to increase assets under management to Rs 30,000 cr this fiscal

LIC Mutual Fund expects to make gains from IDBI Mutual Fund merger and new fund launches which will help in increasing its assets under management to Rs 30,000 crore by March.

MF industry AUM hit 11-month low, stocks of 4 firms underperform

The mutual fund industry - which makes money managing assets - has seen zero growth in 11 months.

Spandana Sphoorty's Q4 consolidated net profit declines 42% to Rs 28.6 cr

The MFI aims to double assets to Rs 15,000 cr by FY25

Nippon India MF turns off inflow tap for 5 global funds, cites limit

The fund house has suspended lump-sum subscription, switch-ins, and fresh registration of systematic investment plan/systematic transfer plan under five schemes that invest in international stocks

Mutual Fund industry largely under-penetrated in India, says Deepak Parekh

Despite high growth, India's MF AUM-to-gross domestic product ratio is a low 16 per cent, against the global average of 74 per cent, he said

Annapurna Fin eyes Rs 8,500 cr in assets by March 23; mulls SME credit arm

Gets $15 mn in equity from French investors, total fundraise reaches $100 mn

Gold ETFs witness third straight month of inflows; AUM rises 10% YTD

But the quantum of inflows, at Rs 203 crore, was much lower than the Rs 1,100 crore seen in April

LIC booked Rs 42,000 cr profit from equity markets in FY22, up 16% YoY

The LIC management clarified on Tuesday that profit should be looked at from the full-year perspective

MF equity AUM surpasses debt in March amid sharp rebound in market

In March 2022, equity AUM for the industry stood at Rs 13.65 trillion higher than debt AUM of Rs 12.98 trillion, reveals data.

HDFC Ltd Q4 profit up 16% at Rs 3,700 cr; company approves Rs 30 dividend

The net interest income for the March quarter came at Rs 4,601 crore compared to Rs 4,027 crore in the previous year

Number of asset management companies dip even as assets swell, shows data

The number of asset management companies (AMCs) - managing at least some AUM - have declined from 45 to 42

Poonawalla Fincorp AUM grows 17% to Rs 16,575 crore in FY22

The finance company has set a target of having AUM of about Rs 45,000 crore by 2025.

NBFC-retail's AUM likely to grow 5%-7% in FY22, 8%-10% in FY23: Report

The asset under management (AUM) of non-banking financial companies (retail) is expected to grow 5-7 per cent in fiscal 2022 and 8-10 per cent in fiscal 2023, according to a report.

Reduce regulatory risks by investing in ESG funds, say analysts

They are less likely to invite punitive action and hence can be rewarding, but lack track record

M&M Finance's looks to double AUM of Lankan venture

Company exploring entry into Bangladesh

IPO IPO: LIC boasts Rs 37-trillion AUM before overseas investors

LIC IPO: Profit after tax (PAT) went up 6.9 per cent to Rs 2,906.77 crore in FY21, its annual report showed.

IPO-bound LIC's AUM rose Rs 1 trillion from March-September 2021

As of September 2021, 61.67 per cent of LIC's AUM was held in participating policies, 37 per cent in non-participating policyholder investments, 1.15 per cent in unit-linked policies

Equity AUM rise even as Sensex yo-yos in January, shows data

Assets under management (AUM) of key equity scheme categories rose even as the US Federal Reserve's hawkish turn sent volatility soaring

Key equity mutual fund categories see rise in AUM in December

Strong SIP book and new fund offers blaze the trail