IPO investors brace for 83 lock-in expiries worth $55 billion in three months. Do you own any?IPO investors are bracing for a significant wave of lock-in expiries between May and August, with shares of 83 newly-listed companies value...
PPFAS Mutual Fund among 15 AMCs to offer voluntary lock-in for folios. Here is how Sebi’s rule worksMutual fund investors can now temporarily block withdrawals and debits from their folios, with 15 AMCs, including PPFAS Mutual Fund, rollin...
Groww Q4 FY26 results: Operating revenue surges 87%, net profit more than doublesBillionbrains Garage Ventures, operating Groww, saw operating revenue surge 87% to Rs 1,505 crore in the March quarter of FY26. Full-year r...
Gautam Duggad on why midcaps will keep beating Nifty and his top bets for FY27Gautam Duggad of Motilal Oswal Financial Services anticipates a sharp earnings slowdown in the fourth quarter. He strongly recommends PSU b...
Cred widens mutual fund app Kuvera’s ambit for bigger wealth management playCred has entered wealth management by upgrading Kuvera, acquired in 2024. It now offers a full suite of financial services. Kuvera’s new fe...
FY26 IPO performance: Only 1 in 3 delivered returns amid market volatilityThe primary equity market in FY26 presented a challenging landscape, with most IPOs failing to deliver returns post-listing due to heighten...
Groww among bidders for Prudential’s India asset management firmPrudential Financial’s India asset management arm has attracted takeover interest from at least two domestic firms, people familiar with th...
Asset management firm State Street set to invest $65 million in Groww AMCState Street may end up with a stake of as much as 23% in Groww AMC, depending on the final mix of primary and secondary share purchases an...
Groww reports 25% jump in operating revenue at Rs 1,216 crore, but net profit dips 27%Groww reported an operating revenue of Rs 1,216 crore in the December quarter, up 24.8% from Rs 974 crore a year back. The company’s net pr...
Groww ropes in US-based State Street as strategic investor with Rs 580 crore AMC dealGroww has partnered with US-based State Street Global Advisors, which will invest up to Rs 580 crore in Groww AMC through primary and secon...
Indiabulls AMC, others settle AIF rules violations case with Sebi, pay Rs 1.43 crErstwhile Indiabulls Asset Management Company (now known as Groww AMC), its schemes and former officials on Wednesday settled a case with S...
Groww Mutual Fund sees 6x surge in AUM post acquiring Indiabulls Asset Management CompanyGroww Mutual Fund, a subsidiary of the IPO-bound Groww, has witnessed substantial growth, with its AUM reaching nearly Rs 2,000 crore by Ma...
Fintech AMCs: Groww, Navi, Zerodha diversify revenue with asset managementGroww doubled its AUM, Zerodha Fund House grew nine times and Navi increased its portfolio by 44% in an otherwise good year for the mutual ...
Groww EV ETF garners Rs 130 crore from 1.7 lakh investorsThe new fund offer or NFO of Groww Nifty EV & New Age Automotive ETF and Groww Nifty EV & New Age Automotive ETF FOF have collected over Rs...
Groww Asset Management, trustee settle case with Sebi; pay Rs 9 lakhGroww Asset Management Ltd (formerly known as India bulls Asset Management Company Ltd) and its trustee have settled with markets watchdog ...
Small towns, retail investors central to fintech’s AMC plansFintech startups Groww, Zerodha, Navi are venturing into asset management, focusing on passive funds and non-metro retail investors. Challe...
Groww secures Sebi nod for first fund, names chief executive for AMC businessThe Peak XV and Ribbit Capital-backed fintech has appointed Varun Gupta as chief executive officer of the asset management business. Gupta,...