AUM MILESTONE
Indian mutual fund industry’s AUM crosses Rs 70 trillion milestone: ICRA Analytics
The Indian mutual fund industry experienced substantial growth, with AUM surging by 22.25% YoY to Rs 70 trillion in March 2025. Open-ended 'other schemes' led the growth, followed by equity and hybrid schemes. Despite geopolitical tensions and reciprocal tariffs, domestic investors showed confidence, contributing to the 50th consecutive month of positive inflows in equity mutual funds.
Vets in its branch: MSME lender Moneyboxx tries a different approach to lending
Deepak Aggarwal, Co-founder, Co-CEO, and CFO of Moneyboxx, says that the company aims to go beyond merely providing loans, focusing on financing farmers and planting fruit-bearing trees.
Grasim Industries Q4 Results: Cons PAT rises 9% YoY to Rs 1,496 crore. Rs 10 per share dividend announced
Grasim Industries posted a 9% YoY rise in Q4FY25 net profit at ₹1,496 crore, with revenue growing 17% to ₹44,267 crore. The company declared a ₹10 dividend per share and reported strong sequential growth in both profit and topline.
ASK Hedge Solutions' Absolute Return Fund crosses Rs 1,500 crore in AUM; details here
ASK Hedge Solutions, part of Blackstone-backed ASK Group, has crossed Rs 1,500 crore in AUM for its Absolute Return Fund. Launched in February 2024, the fund offers a conservative long-short strategy focused on capital preservation and risk-adjusted returns. CEO Vaibhav Sanghavi attributes the milestone to consistent performance and investor trust in the firm’s differentiated approach.
Muthoot Finance shares fall 5% even as Q4 PAT jumps 22% YoY, loan AUM hits record high
Muthoot Finance reported a 22% YoY rise in Q4FY25 consolidated PAT at Rs 1,444 crore and its highest-ever annual standalone PAT at Rs 5,201 crore. Consolidated loan AUM surged 37% YoY to a record Rs 1.22 lakh crore. The company declared its highest-ever dividend of Rs 26 per share and crossed Rs 1 lakh crore in gold loan AUM.
Prudent Corporate Advisory Q4: Revenue soars 37%, PAT jumps 41% on strong AUM growth
Prudent Corporate Advisory reported a 37% revenue jump and 41% PAT growth in FY25, driven by robust mutual fund AUM expansion. Equity AUM crossed Rs 1 lakh crore, while SIP inflows and market performance boosted investor sentiment.
- Go To Page 1
Baroda BNP Gilt Fund turns 23; AUM tops Rs 1,500 crore with 4X growth for investors
Baroda BNP Paribas Gilt Fund celebrates 23 years, surpassing Rs 1,500 crore in AUM. The fund has delivered strong returns, transforming an initial investment of Rs 10,000 into Rs 41,919.60 since inception. Managed by Gurvinder Singh Wasan and Prashant Pimple, the fund strategically invests in government securities and SDLs, aiming to capitalise on potential RBI rate cuts.
MF Tracker: HDFC Small Cap Fund turns Rs 10,000 SIP to Rs 1.14 crore in 17 years
HDFC Small Cap Fund marks 17 years. A monthly SIP of Rs 10,000 grows to Rs 1.14 crore. The fund outperforms its benchmark in the last six months and three years. Experts suggest small caps have growth potential. Investors should consider their risk appetite. The fund's top holdings are in healthcare, IT, and automobiles.
Bajaj Finance shares plummet over 5% after Q4 results
Bajaj Finance shares: Despite reporting a 19% YoY increase in net profit to Rs 4,546 crore for Q4 FY25, Bajaj Finance shares declined. The company announced a stock split, bonus issue, and dividends, with AUM rising 26% to Rs 4.16 lakh crore. While loan losses increased, customer base reached 10 crore, and the outlook remains positive amid strong consumer demand.
Bajaj Finserv Q4 Results: Cons PAT jumps 14% YoY to Rs 2,417 crore, revenue up 14%; Re 1 dividend declared
Bajaj Finserv Q4 Results: Bajaj Finserv on Tuesday reported a 14% jump in its Q4FY25 net profit to Rs 2,417 crore versus Rs 2,119 crore reported in the year ago period. The company's revenue in the March-ended quarter stood at Rs 36,595 crore, which was up 14% year-on-year versus Rs 32,041 crore in the corresponding quarter of the last financial year.
Bajaj Finance approves 4:1 bonus issue, announces dividend of Rs 56/share
Bajaj Finance bonus share: Bajaj Finance declared a 4:1 bonus issue, stock split, and special and final dividends after posting a 19% YoY rise in Q4 net profit to ₹4,546 crore.
Bajaj Finance Q4 Results: PAT rises 19% YoY to Rs 4,546 crore; Co announces 1:2 stock split, 4:1 bonus issue
Bajaj Finance Q4 Results: Bajaj Finance net profit rose 19% YoY to Rs 4,546 crore in the fourth quarter. The Board approved a series of rewards for investors including a special dividend of Rs 12 and a final dividend of Rs 44 per share.
Atal Pension Yojana registers 1.17 crore new enrolment in 2024-25
The Atal Pension Yojana (APY) has surpassed 7.60 crore gross enrolments, as of March 31, 2025, marking a milestone in its 10th year, according to a release by Pension Fund Regulatory and Development Authority (PFRDA).
The next tycoons: Across India's powerful business families, the next gen is being groomed to occupy corner offices
Major business families in India are actively transitioning leadership to the next generation. Prominent figures like Akash and Isha Ambani at Reliance, and Neville, Leah, and Maya Tata are taking on significant roles within their respective conglomerates. Similarly, the Godrej, Bajaj, Adani, and Birla families are integrating their younger members into key positions, preparing them to lead in the future.
SBI Long Term Equity Fund turns Rs 10,000 SIP to nearly Rs 15 crore in 32 years
SBI Long Term Equity Fund, India’s oldest ELSS fund, completed 32 years. A ₹10,000 SIP since inception grew to ₹14.44 crore, delivering 17.94% XIRR returns.
Blackstone-backed ASK Asset & Wealth Management Group receives in-principle approval from Sebi for mutual fund business
This development marks a key milestone in ASK's strategic growth, strengthening its commitment to providing high-quality investment solutions. The new mutual fund offering will enhance ASK's existing portfolio of investment services, which include listed equity portfolio management, alternative investments, and wealth management.
Baroda BNP Paribas Mutual Fund completes 3 years with over 100% growth in AUM
Baroda BNP Paribas AMC more than doubled its AUM to Rs 49,000 crore in three years, driven by investment expansion, strong fund performance, and broader product offerings. The firm also attracted offshore investments and expanded its distribution network across India.
Infra, credit to be new growth areas for Blackstone in India: Stephen A Schwarzman
“Dramatic changes in capital flows are the biggest risk… If every country starts retaliating and becomes an island, then it imperils the global system”
UTI Nifty 50 Index Fund completes 25 years, achieves AUM of over Rs 20,000 crore
UTI Nifty 50 Index Fund marked 25 years on March 6, 2025, reaffirming its legacy as one of India’s oldest and largest index funds. With an AUM exceeding ₹20,000 crore, it remains a trusted choice for passive investors.
Prudent surpasses Rs 1 lakh crore in MF assets under management
Prudent Corporate Advisory Services reported surpassing Rs 1 lakh crore in assets under management by July 26, 2024. This achievement reflects a fivefold growth in equity AUM over the last five years, benefitting over 17 lakh investors, according to Chairman Sanjay Shah.
Bajaj Allianz Life’s Assets Under Management crosses Rs 1 lakh crore
Bajaj Allianz Life Insurance has reached a significant milestone by surpassing Rs. 1,00,000 crore in Assets under Management (AUM). The achievement, reflecting a 1.8 times growth in AUM from FY2020 to the current financial year, highlights the trust customers have in the company's investment expertise.
SBI Mutual Fund AUM crosses Rs 8 lakh crore-mark; eyes Rs 10 lakh crore-milestone soon
"We've added Rs 90,000 crore to our March 2023 AUM, when it was Rs 7.10 lakh crore, taking the total assets under our management to over Rs 8 lakh crore. In fact, we crossed the milestone yesterday," DP Singh, deputy managing director and chief business development officer, told PTI on Tuesday.
Mirae Asset Mutual Fund crosses Rs 1 lakh crore AUM mark
Mirae Asset Mutual Fund has informed that the fund house has crossed a milestone of Asset Under Management (AUM) of INR 1,00,000 crore as on 14t October 2021.
Pension corpus under PFRDA swells over Rs 6 lakh crore
Pension Fund Regulatory and Development Authority (PFRDA) is the statutory authority established by an enactment of Parliament, to regulate, promote and ensure orderly growth of the National Pension System (NPS) and pension schemes.
Trust Mutual Fund crosses the Rs 1,000 crore AUM milestone
Trust Mutual Fund, the newest entrant in the mutual fund space in India, has crossed the Rs 1,000 crore assets under management (AUM) threshold on 28th April 2021, within 4 months after the launch of its first scheme.
We have reduced our exposure to gold loans and capital market: Prabodh Agarwal, IIFL
"On the NBFC side, the growth is coming from one home loan segment, retail home loan segment, secondly commercial vehicle and third SME loans. "
Reliance AMC's Singapore arm crosses $1 billion AUM
Reliance Capital AMC, Singapore said it has crossed $1 billion AUM milestone in its offshore funds, as of January 31. RCAM Singapore was launched in 2006.
Reliance Life AUM crosses Rs 15,000 cr
Reliance Life Insurance today said it has crossed Rs 15,000 crore mark in its assets under management and targets to double them by fiscal end.
Load More
