Page 5 - Assets Under Management

Nippon Life India AMC Q3: PBT jumps 18% to Rs 193 cr on rise in asset base

Management says post-rebranding several major investors have come back

HDFC AMC sees 27% spike in profit; holds 14.4% market share in MF industry

Improving mix of equity products is positive for an AMC as equity products offer higher management fees than fixed income products.

India-dedicated funds pull out over $3 billion so far this year: EPFR data

Global emerging market (GEM) funds saw outflows to the tune of $868 million, paring the 2019 inflows by these funds to about $181 million

India-dedicated funds pull out $653 million in July, shows EPFR data

Assets under management (AUM) of India-dedicated funds have slid by about a fifth in the past year

Mutual fund penetration poor in most states; way below global average

Many have mutual fund assets which are less than 2% of economic output

Bajaj Finserv reports flat net profit growth in Q1; total income rises 40%

Total Income grew by 40 per cent year-on-year, though profitability of life and general insurances business dragged the overall show

SBI Focused Equity Fund: Focused strategy, consistent performance

The fund's assets under management (AUM) more than doubled from Rs 1,705 crore in June 2016 to Rs 4,634 crore in May 2019

India's wealth managers buck the Asia trend with 18% asset growth

The wealth management arm of Kotak Mahindra Bank retained the top slot in India, boosting AUM to $33.6 billion, the report showed

Fund managers face the heat as AMCs chase growth

Industry players say money managers are being saddled with additional responsibilities to garner more sales