Godrej Wealth to enter mutual fund business next year, targets Rs 1 lakh crore AUM by 2031Godrej Wealth plans to enter the asset management business next year. The company is filing for a mutual fund license and expects entry in ...
Mutual funds cut cash allocation by Rs 8,500 crore in August to Rs 1.82 lakh crore; ICICI Pru MF leads reductionAugust witnessed a significant decrease in cash holdings among mutual funds, with a collective reduction of nearly Rs 8,502 crore across 27...
Paisabazaar expands wealth push as it diversifies beyond unsecured creditThe PB Fintech-owned marketplace, which added fixed deposits and bonds last year, currently gets around two-thirds of its revenue from unse...
AU Small Finance Bank vehicle loan portfolio crosses Rs 50,000-crore markAchieving a remarkable milestone, AU Small Finance Bank's vehicle loan portfolio exceeded Rs 50,000 crore in assets under management by Aug...
Quant Mid Cap Fund exits ICICI Bank, 2 others and adds 5 stocks in AugustQuant Mid Cap Fund exited ICICI Bank, Ambuja Cements and L&T Technology Services in August, while adding six stocks including IDBI Bank, Co...
Wealth Management in India: 7 trends reshaping how wealthy Indians investIndia’s affluent investors are moving beyond traditional savings towards diversified portfolios, alternative assets, professional advice, a...
Digital lending platform Fibe gets Sebi nod to launch IPOSocial Worth Technologies, the parent company of Fibe, has obtained the necessary approval from Sebi for its initial public offering. The v...
11 equity mutual funds with Rs 1,000+ NAV deliver up to 23% CAGR since inception. Check full listEleven equity mutual fund schemes had an NAV of over Rs 1,000 as of September 14, 2026, with all delivering more than 17% CAGR since incept...
India’s richer households are fuelling a market-investing boomIndia's economy will grow due to domestic consumption and infrastructure spending. Rising incomes will support a higher growth trajectory b...
Kissht parent OnEMI to consider raising fresh fundingOnEMI Technology Solutions is gearing up to raise more capital by issuing equity shares. With a board meeting on the horizon, they will exp...
Samir Arora-backed Helios Mid Cap Fund exits Dixon Technologies, 2 others; adds 7 stocksHelios Mid Cap Fund, backed by Samir Arora, exited Dixon Technologies, Aadhar Housing Finance and Black Box in August. The fund added eight...
BoFA deal to get regulatory go-ahead by December; Jio Credit's product plans, strategy to be redrawn: JFSJio Credit expects regulatory approvals for its Rs 18,268 crore fund raise by December. This capital infusion will enable Jio Credit to re-...
SIF AUM tops Rs 31,000 crore in August; hybrid long-short funds account for 69% of inflowsSIFs attracted Rs 7,699 crore in August, up from Rs 4,922 crore in July, taking cumulative inflows since October 2024 to Rs 30,028 crore. H...
SIF AUM rises 34% to Rs 31,175 crore in August; inflows jump 56% MoM: ReportIn August 2026, Specialised Investment Funds experienced a notable rise in assets, with hybrid investment strategies leading the way and ho...
SIP stoppage ratio drops to 81% in August as new registrations beat closures for fourth month in a rowAugust saw mutual fund SIP inflows soar to an unprecedented Rs 32,297 crore. The stoppage ratio has now dropped for four consecutive months...
Mutual fund SIP inflows touch record high of Rs 32,297 crore in AugustMutual fund SIP inflows reached a record Rs 32,297 crore in August. This marks a marginal increase from the previous month's inflows. SIP a...
Funding skew deepens in microfinanceLarge microfinance companies received 98.1% of sector funding in Q1. This funding concentration reflects financiers playing safer during un...