Page 4 - Assets Under Management

SBI Mutual Fund asset base crosses Rs 5 trillion-mark in March quarter

The fund house's average asset under management (AAUM) rose to Rs 5.04 trillion in 2020-21 from Rs 3.73 trillion in the preceding fiscal

We will make haste, but slowly: SBFC Finance founder & CEO Aseem Dhru

Backed by the Singapore-based Clermont Group and Arpwood Partners, SBFC Finance wants to redefine the play in lending to micro-enterprises

MF assets soar 4.5x in past decade, likely to sustain growth in the future

In the past decade, the equity-debt mix has largely remained constant, with the former contributing to around 28 per cent of the AUM.

Share surge: Domestic exchange-traded funds' assets top Rs 2 trilion

In the past five months of FY21, AUM have surged more than Rs 60,000 crore, or 41%

Franklin Templeton MF's six shut schemes receive Rs 5,000 cr since closure

The schemes have received Rs 708 crore during August 1-14. This takes the total cash flows received till date since April 24 to Rs 4,988 crore, Franklin Templeton MF said in a statement

Retail investors should worry about quality of funds, rather than size

Portfolio's quality, liquidity vital concerns in debt funds

Change in assets under management, a near-term challenge for AMCs

In the current Covid-19 scenario, investors are more conservative with a rising preference for less risky liquid funds compared to equity

NBFCs' AUM to shrink this year: A first in two decades, says CRISIL

Disbursements across segments are expected to fall by 50-60 per cent as the adverse impact Covid-19 pandemic plays out

PNB Housing Q1 PBT down 20.4% on sharp dip in NII, lower disbursement

Its net interest margin declined to 2.66% in Q1FY21 from 3.14% in Q1FY20 as it did not securitise part of portfolio in Q1FY21

Bajaj Finance: June quarter disappoints, all eyes now on collections

Higher provisioning in line with priority to mitigate balance-sheet risk

Mahindra Financial Services Q1 profit before tax up 98% to Rs 208 crore

The net profit rose by 129% to Rs 156 crore in Q1FY21 as against Rs 68 crore in Q1FY20

Bajaj Finance: Investors should await clarity on moratorium, asset quality

Some analysts are still cautious on asset quality

Fund Pick: UTI Equity Fund has consistently outperformed its peers

The scheme's investment objective is to generate long-term capital appreciation by investing predominantly in equity and equity-related securities of companies across market capitalisation

PNB Housing Finance plans to sell corporate loans up to Rs 2,000 crore

PNB HFC is in talks with banks for offloading a part of corporate loan book, and expects to finalise the deal in next few weeks, said Neeraj Vyas, MD and CEO of the housing finance company.

RBI opens Rs 50,000-crore special liquidity window to support mutual funds

According to the available data, the credit risk fund category saw its assets under management (AUM) dip by another 12 per cent in April to Rs 48,392 crore

Watch out for April SIP numbers

Treat exit by retail investors as a contrarian signal for entering equities

Decline in AUM to make equity MFs costlier, dent investor returns

An increase in TER could further dent investor returns, which have fallen significantly over the last month

Rating agency Brickwork downgrades PTC Financial Services to AA- from AA

The negative growth in the loan book of PFS, a unit of PTC India, is on account of funding challenges faced by NBFCs

Women fund managers outperform men on delivering returns: Morningstar study

Manage Rs 3.59 trillion or 13% of MF industry assets, yet remain under-represented in the industry, constituting only 8% of the country's fund manager population

AUM for gold ETFs up 30% in one year as investors rekindle interest

Hopes of further gains in the price of the previous metal could sustain inflows into gold ETFs