6 mutual fund cos de-grow in an year of exponential growth for industry
Six Mutual Funds namely Axis, Aditya Birla Sun Life, HSBC, HDFC, IDFC, and Franklin Templeton slid in AUM ladder when Industry’s AUM grew by 5% in 2022
assets under management
January 2023
November 2021
March 2021
February 2021
January 2021
December 2020
October 2020
September 2020
May 2020
NBFC AUM to hit ₹30 lakh cr by FY23, Omicron a concern: CRISIL
Improving economic activity, balance sheets to aid growth, but asset quality worries could play spoilsport.
Solar sector heats up with big-ticket Edelweiss deal
Edelweiss Group’s Edelweiss Infrastructure Yield Plus fund acquires 74% stake in solar portfolio of France’s Engie Group for a reported $500 million.
Investors will keep riding the wave: AMFI
Though equity MFs witnessed the seventh consecutive month of net outflows in January, AMFI's chief executive says investors will continue to tap MFs as a handy route for wealth creation.
Gold ruled 2020. Will it reign 2021 too?
Gold exchange traded funds added a record 877 tonnes during 2020, nearly 231 tonnes more than the 2009 record of 646 tonnes. Experts argue much of gold's growth drivers will continue in 2021 too.
Under pressure, MFs look for change in new year
While the mutual fund industry assets under management crossed ₹31 lakh crore, MFs continued to reel under record–high redemption pressure in December. What would the new year bring?
Indian mutual funds set for bumper growth
According to CRISIL Research, the Indian mutual fund industry’s assets under management can touch the ₹50 lakh crore mark by March 2025, and multiple triggers will aid this massive growth.
Edelweiss Group fund raises ₹6,600 crore
Amidst subdued economic climate, this is the year’s largest fund raise in the Indian private credit space.
UTI investors to sell multi-bagger AMC stock
The third IPO from India’s mutual fund industry is worth ₹2,160 crore.
Hedge funds’ AUM falls to $3.31 trillion in Q12020
The economic fallout caused by the Covid-19 pandemic has significantly impacted the hedge fund industry with AUM falling below $3.50 trillion for first time since Q4-2018, says Preqin.
