More retail investors now take the MF route for investing rather than direct investing
Average AUM for industry rose to Rs 39.5 trn, compared to Rs 37. 8 trn in July
The share of debt MFs has been consistently sliding after the pandemic, with interest rates headed south and stock markets ascending
Fintech-facilitated lending will grow by $476 billion to reach $514.6 billion in book size by 2030
Industry players expect assets to double in five years
With improving business environment, it has pegged recoveries to between Rs 5,000 crore and Rs 6,000 crore in FY23. Its assets under management (AUM) stood at Rs 40,251 crore at the end of March 2022
Onboards Oxyzo and Unifi AIF as new lenders; existing lenders, Vivriti and MAS, take incremental exposure
ICRA on Monday revised downwards the FY2022 growth outlook for assets under management (AUM) of NBFC-MFIs to 12-14 per cent but expects it to improve to 18-22 per cent in the financial year 2022-23.
Despite this, the country received $6.2 billion worth of net EPFR foreign flows last year, of which 91% was through passive ETFs
Strong SIP book and new fund offers blaze the trail
The small-cap and sectoral funds, however, saw an increase in their AUM by Rs 1,360 crore and Rs 466 crore
The benchmark indices gained 0.3 per cent in October, while the smallcap indices ended a per cent lower
ESG products sold off at the outset of the pandemic but the global crisis, coupled with continued climate and social concerns, has resulted in fervent interest in ESG investing
The company would also look at listing its housing finance subsidiary with an AUM of Rs 10,000 crore
Allocations to India by Asia ex-Japan funds remained stable at 13.5% in June while those by GEM funds declined to 10.8% in June from 10.9% in May
Investors from B30 cities rely more on face-to-face communication with distributors and advisors compared to their T30 counterparts
GEM funds are the prime drivers of flows into emerging markets as they have assets under management of $123 billion
Make a small allocation, enhance exposure as more live data becomes available
The fund has consistently outperformed its peers (funds ranked under the low duration category in CMFR in March 2021) over the trailing periods under analysis
The Delhi-based mortgage lender's AUM shrank from Rs 83,346 crore as on March 31, 2020 to Rs 74,470 crore as on March 31, 2021