The fund has reached the milestone within three months of launch while the target corpus is of Rs.1,500–2,000 crore by March 2026.

Nippon India Mutual Fund and Kotak Mahindra Mutual Fund ranked next, with assets of Rs. 7 lakh crore and Rs. 5.73 lakh crore, respectively, indicating that all top five fund houses manage AUM above Rs ...

According to the latest AMFI data, nine companies have entered the large-cap space of the Indian benchmark indices, BSE and NSE. Four of these nine companies are from the BFSI sector, while two are ...

The first nine months of the year saw robust activity with volumes surging by more than 40% compared to the same period last year. Growth was driven by the entry of new asset managers, rising interest ...

The year 2025 marked one of the most significant inflection points for India’s National Pension System (NPS) since its launch ...

In FY25, the gross commission paid to agents and intermediaries stood at approximately 7% of the total premium collected, ...

NFOs witnessed a muted response in November, as the number of new launches increased, but fund mobilization nearly halved ...

Rajkot-based MFD Biren Padaliya has released his first book, Financial Wellness Blueprint – Roadmap to Build a Dream Life for Your Family.

In a significant development, the Pension Fund Regulatory and Development Authority (PFRDA) has revised the Investment Management Fee (IMF) structure for private sector National Pension System (NPS) ...

In a tragic loss to the asset management industry, noted fund manager Siddharth Bhaiya passed away at the age of 47. He suffered a cardiac arrest on December 31 while on a family vacation in New ...

Overall, insurance penetration stood unchanged at 3.7% in 2024–25, the same level as in 2023–24. While the life insurance ...