ASSETS UNDER MANAGEMENT
Tata Equity P/E Fund turned Rs 10,000 monthly SIP into Rs 1.82 crore in 20 years Launched in June 2004, the scheme has consistently outperformed its benchmark, the Nifty 500 - TRI, delivering impressive returns. Over a decade, the scheme provided a 17.04% return compared to the benchmark's 15.27%. In the past five years, it yiel...
01 Jul, 2024, 05.16 PM ISTWomen outpacing men with higher AUM, long-term outlook in mutual funds The proactive approach undertaken by women investors to achieve financial autonomy and growth, underscoring their commitment to long-term investing.
01 Jul, 2024, 02.59 PM ISTIndiaFirst Life's IPO deferred, not shelved: Rushabh Gandhi Gandhi said the "IPO plan has been deferred but not shelved", and will align with market conditions, which are expected to be more favourable 18 months from now. The company's earlier attempts were hindered by regulatory and market uncertainties.
01 Jul, 2024, 06.10 AM IST- ADVERTISEMENT
No 'communication' from Sebi after initial inquiries: Quant MF Quant schemes had liquid assets, which include large-cap stocks, T-bills, G-Secs, gold, and silver, worth approximately 53.5% of their total equity AUM, the asset manager said.
28 Jun, 2024, 05.51 AM ISTRetail investors are leveraging mutual fund units as collateral without liquidating Mutual fund investor accounts have surged, with individual investor AUM now reaching ₹34.5 lakh crore. Notably, individual investors account for 88% of investments in equity-oriented schemes, yet only 59% of their equity holdings are held for over t...
27 Jun, 2024, 08.47 PM ISTQuant Mutual Fund had over Rs 9,000 crore cash pile to face redemption pressure after Sebi's investigation Quant Mutual Fund, in the midst of a front-running investigation, holds substantial cash reserves. Financial Radiance recommends against hasty liquidation, highlighting potential market opportunities for investors.
26 Jun, 2024, 03.15 PM ISTQuant Mutual Fund issues clarification on Sebi probe in front-running case Sebi suspects that either a dealer from Quant or a broking firm through which the fund house places orders was leaking information about the trades. The regulator has conducted search and seizure operations in Quant's Mumbai headquarters and at the ...
24 Jun, 2024, 08.45 AM ISTAUM of these top 5 mutual funds increased by over Rs 10,000 crore in May Top 5 mutual funds saw AUM increase by over Rs 10,000 crore in May, with SBI Mutual Fund, ICICI Prudential Mutual Fund, HDFC Mutual Fund, Nippon India Mutual Fund, and Kotak Mutual Fund leading the pack.
20 Jun, 2024, 11.47 AM ISTTop funds houses held low cash levels during run-up to general elections To a great extent, preparing an investment strategy well before general elections determines how a fund manager outperforms in a volatile phase resulting after the election results are out.
20 Jun, 2024, 08.04 AM ISTChildren’s mutual fund AUM surge 142% in last 5 years to Rs 20,081 crore in May: ICRA Analytics The AUM of children’s mutual funds surged by 142% in the last five years to reach Rs 20,081.35 crore in May. This growth is attributed to the disciplined savings habit enforced by the 5-year lock-in period, which encourages long-term investments for...
19 Jun, 2024, 02.37 PM ISTThese 5 mutual funds received over Rs 10,000 crore inflows in May In May, the combined assets managed by 44 mutual fund houses totaled Rs 60.02 lakh crore, marking an increase from April's asset size of Rs 58.35 lakh crore.
14 Jun, 2024, 02.42 PM ISTRIL, ITC and Infosys among top 10 stock holdings of SBI Mutual Fund14 Jun, 2024, 02.02 PM IST SBI Mutual Fund first one to cross Rs 10 lakh crore AAUM milestone SBI Mutual Fund became the first in India to surpass Rs 10 lakh crore in Average Asset Under Management (AAUM) on June 3, 2024, with a 27% growth. This achievement reflects the trust of investors and partners in the fund house's offerings.
10 Jun, 2024, 05.56 PM ISTMutual fund SIPs cross Rs 20,000 crore mark for second month May saw a record-breaking surge in MF SIP contributions, hitting Rs 20,904.37 crore, a 3% rise from April and a significant increase from a year ago. MF SIP accounts reached 8,75,89,485, while MF folios hit 18,59,68,222. 49,74,400 new SIPs were adde...
10 Jun, 2024, 03.51 PM ISTCoinDCX launches CoinDCX Prime for HNIs, targets $100 million AUM by 2025 CoinDCX, a major Indian crypto exchange, launches CoinDCX Prime to cater to High-Net-Worth Individuals and institutions, targeting $100 million in assets by 2025. Prime offers tailored services, prioritizing compliance and personalized support, aimi...
07 Jun, 2024, 10.49 AM ISTMuthoot Finance's AUM grows 25% to Rs 89,079 cr in FY24 Muthoot Finance's consolidated assets under management surged 25% YoY to Rs. 89,079 crores in FY24, with a 22% YoY increase in profit after tax to Rs. 4,468 crores. The chairman emphasized a pivot towards non-gold loan growth and digital strategies,...
31 May, 2024, 02.00 PM ISTEquity mutual funds continue to witness the maximum share from all states In April 2024, India saw a 37.29% annual surge in average assets under management (AAUM) to Rs 57.01 lakh crore, with equity-oriented schemes dominating. Maharashtra led in AAUM contribution, followed by New Delhi and Karnataka. No state witnessed a...
30 May, 2024, 01.59 PM ISTPGIM India Asset Management aims to double AUM to Rs 50,000 core in next 2-3 yrs The fund house, which has an Asset Under Management (AUM) of Rs 23,240 crore at present, expects to touch Rs 50,000 crore mark AUM in the next 2-3 years, Abhishek Tiwari, Chief Business Officer of PGIM India Asset Management, told PTI here.
21 May, 2024, 09.49 AM ISTMF assets in Northeast states increases by 145% in 4 years: ICRA Analytics The share of the northeastern states has increased to 0.73% of the total AAUM of the mutual fund industry and stood at Rs 55.01 lakh crore in March 2024. This has increased from around 0.67% in March 2020, when the industry’s AAUM stood at Rs 24.71 ...
13 May, 2024, 01.19 PM ISTMotilal Oswal Flexicap Fund completes 10 years, offer 400% absolute return since inception Motilal Oswal Flexicap Fund completed a significant milestone on April 28. The fund has completed ten years of existence in the market. The fund manages assets under management (AUM) of Rs 9,660 crore.
02 May, 2024, 05.18 PM IST