ICRA ANALYTICS
Birla Group cements lead, Adani plans taking shape According to industry observers, the competition for leadership in the cement sector is expected to escalate following the Adani group's announcement of ambitious expansion plans. Currently, however, the Kumar Mangalam Birla group appears to have st...
27 Jun, 2024, 11.40 PM 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 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 IST- ADVERTISEMENT
Modi 2.0: Gold ETFs’ AUM jumps 565% to Rs 32,800 crore in 5 years, folios rise by 1,483% Gold ETFs in India experienced a staggering 565% increase in assets under management (AUM) between June 2019 and April 2024, coinciding with the Modi government's second term. The surge in AUM, from Rs 4,930.44 crore to Rs 32,789 crore, correlates w...
29 May, 2024, 11.36 AM ISTICRA Q4 Results: Net profit jumps 22% YoY to Rs 47 crore Its firm growth in the core rating business drove the firm’s performance amid healthy demand for credit in the economy. Sequentially, the firm’s net profit registered a sharper increase, rising 45% from Rs 32.41 crore in the October-December quarter.
23 May, 2024, 09.22 PM ISTPSBs to identify one 'champion sector' in their business plans This initiative is part of the Viksit Bharat (developed nation) strategy for PSBs, which includes onboarding sector-specific advisors and developing credit underwriting models to expedite loan approvals.
14 May, 2024, 12.18 AM ISTMutual Fund assets in Northeast states swell by 145% from 2020 to touch Rs 40,324 crore in March 2024: ICRA Analytics The share of the northeastern states increased to 0.73 per cent of the total AAUM of the mutual fund industry, which stood at Rs 55.01 lakh crore in March 2024, up from around 0.67 per cent in March 2020, when the industry’s AAUM stood at Rs 24.71 l...
13 May, 2024, 07.35 PM 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 ISTSebi gives nod to ICRA's arm to provide ESG ratings Capital markets regulator Sebi has given approval to ICRA's subsidiary Pragati Development Consulting Services Ltd (PDCSL) to provide environmental, social, and governance (ESG) ratings.
29 Apr, 2024, 08.27 PM ISTMutual fund industry AUM surges 35% at Rs 53.40 lakh crore in March: ICRA Analytics The assets under management of the Indian mutual fund industry surged 35% and stood at Rs 53.40 lakh crore in March 2024 as compared to Rs 39.42 lakh crore in March 2023, according to a report by ICRA Analytics.
25 Apr, 2024, 05.02 PM ISTMutual fund folios doubled in 5 years at 17.79 lakh crore: ICRA Analytics Branches of fund houses are opening beyond top 30 towns. This is encouraging people to look at these as a suitable investment vehicle. There is an increasing awareness and growing interest among retail investors to park cash in equities and bonds th...
16 Apr, 2024, 04.06 PM ISTSmallcap mutual fund investors see outflows after two and a half years In March, the smallcap category saw an outflow of Rs 94.17 crore. The category saw its last considerable outflow of Rs 248.73 crore in September 2021. In FY24, the category received total inflows of Rs 40,188.56 crore with the highest seen in June 2...
10 Apr, 2024, 07.52 PM ISTMutual fund inflows swell 125% in 2023, AUM headed towards Rs 100 lakh crore in few years: ICRA "The net inflows into the mutual fund industry were to the tune of Rs 25,616 crore in November 2023, up from Rs 11,373 crore in January this year. On a year-on-year basis, net inflows surged by 93% compared with Rs 13,264 crore in November 2022," it...
26 Dec, 2023, 02.52 PM ISTWith 20% return, gold outshines Sensex since last Dhanteras. Is yellow metal the safest sparkler? Gold's returns are neary two-fold in comparison to Nifty and Sensex which have delivered returns of 10.34% and 9.31%, respectively, since last Dhanteras which fell on October 22, 2022.
10 Nov, 2023, 10.50 AM ISTAMFI Highlights: 6 takeaways for D-Street investors from September MF data Smallcap funds, the category that has seen consistently strong inflows in the past few months, saw a slowdown in September. The category saw net inflows of Rs 2,678 crore in September, compared to Rs 4,265 crore in August. Largecap funds saw outflow...
11 Oct, 2023, 03.38 PM ISTAllowing MFs to launch multiple ESG schemes to provide responsible investment avenues: Experts The capital markets regulator on Thursday allowed mutual funds to introduce five new categories under ESG and put in place a disclosure framework for them.
22 Jul, 2023, 08.59 AM ISTWill it rain on India’s parade? El-Niño on top of mind of businesses that have an eye on the countryside India’s rural heartland bets on the monsoon — forecast to be delayed, but normal, this year. But El Niño could play joker in the pack, and drag rural consumption down.
27 May, 2023, 11.00 PM ISTSome more PLIs: FY24 could be inflection point for surge in India’s manufacturing capex With the PLI scheme in place, the annual investment in India’s manufacturing sector may remain high for a few years from FY2023-24. But questions remain on whether the global economic uncertainty will delay the execution of projects and mess up th...
28 Jan, 2023, 10.52 PM ISTHow Budget can help the banking sector keep up with India’s growth ambitions A vibrant corporate debt market, improved NARC and policies that ensure seamless credit mechanisms will help India build banks that can compete on a global scale — a necessity to keep the country’s growth ambitions alive.
27 Jan, 2023, 01.29 PM ISTBlind date! Why you can start a mutual fund SIP on any day of the month There are others who try to act smart by timing it around the last Thursday of the month because of higher volatility due to F&O expiry. The ones who are not sure about any fixed day often try to split it into multiple date SIPs.So which is the best...
31 Oct, 2022, 01.10 PM IST