India's insurance sector is set to witness remarkable growth, with its Assets Under Management (AUM) projected to surge to USD 11 trillion by 2047 from USD 0.7 trillion in 2023, according to a report by Boston Consulting Group (BCG) and India InsurTech Association (IIA).
Despite a significant decline in the Indian stock markets in October 2024, investors maintained strong interest in equity linked schemes like mutual funds, particularly through systematic investment plans (SIPs).
Asian markets are leading the surge, bringing total assets under management (AUM) up by an impressive 33 per cent, as inflows this year have hit a substantial USD 4.7 billion.
Gurugram (Haryana) [India], October 25: India Shelter Finance Corporation Limited announced its financial results for the 2nd Quarter of Fiscal year 2025. The Board of Directors of India Shelter Finance Corporation at its meeting held today, approved the unaudited financial results for quart
Mumbai (Maharashtra) [India], October 10: Dräger India is proud to announce the launch of the BabyRoo® TN 300 open warmer, with state-of-the-art thermoregulation capabilities as well as advanced integrated technologies to support emergency resuscitation and family- centered care.
Despite over Rs 45,000 crore of monthly investments in India's mutual funds, the Industry's assets under management (AuM) to GDP ratio is much less as compared to the world average says a report by financial services firm Prabhudas Lilladher (PL).
Mumbai (Maharashtra) [India], September 18: HDFC Pension Fund Management Limited (HDFC Pension), the largest private sector Pension Fund Manager under the National Pension System (NPS), has reached a significant milestone, surpassing Rs. 1,00,000 crore in Assets Under Management (AUM) as of
Mumbai (Maharashtra) [India], September 9: Star Housing Finance Limited (Star HFL), a retail-focused housing finance company specialising in low-ticket loans, has crossed Rs. 500 Crs AUM. The company primarily operates in tier II and tier III towns and semi-urban areas and has served more th
Over the past decade, the organized gold loan market has seen steady growth, with the total assets under management (AUM) rising by 12 per cent annually to reach approximately Rs 6.2 trillion as of March 2023.
According to the Axis Mutual Funds monthly data report, total Assets Under Management (AUM) for mutual funds in July 2024 increased by 40 per cent compared to the previous year, but redemptions surged by 61 per cent during the same period.
The expected reduction in AUM, which is forecasted to fall to between Rs 1.2 lakh crore and Rs 1.25 lakh crore by the end of fiscal 2025, down from Rs 1.35 lakh crore the previous fiscal year, is attributed to a slowdown in acquisitions and a steady rate of redemptions.