According to a press release, the company's assets under management (AUM) surged by 59 per cent year-on-year, reaching Rs 69,018 crores. Revenue grew by 38 per cent to Rs 245 crores, while profit before tax (PBT) increased by 40 per cent to Rs 99
Mumbai (Maharashtra) [India], July 11: 360 ONE has announced the appointment of Raghav Iyengar as CEO designate of its asset management business (360 ONE Asset), subject to necessary approvals. Raghav comes with a rich experience of over three decades in the financial services sector. Prior
New Delhi [India], July 6: In 2024, the business landscape is being redefined by companies that are not just achieving success but also driving meaningful change across various industries. From cutting-edge technology solutions to toxin-free consumer products, these organizations are inno
New Delhi [India], July 3: Investing in mutual funds has become highly popular in India, with mutual fund assets nearing a staggering Rs 60 trillion as of May 2024. In FY24, domestic mutual fund assets grew by 34 per cent, the biggest increase in seven years. This surge indicates a growin
Mumbai (Maharashtra) [India], June 20: Appreciate, a SEBI and IFSCA registered fintech company, unveils Goals, a customised basket of ETFs designed for smart retail investors seeking to diversify their portfolio globally with exposure to US markets. Goals' constituent ETFs invest in globally
Bengaluru (Karnataka) [India]/ Dubai [UAE], June 19: Stockify, a customer-oriented platform for unlisted or pre-IPO shares in India, announces the expansion of its operations with a new office in Kolkata, set to be operational from July 2024. This strategic move aligns with the company's vis
Foreign Portfolio Investment (FPI) in India's NSE-listed companies has experienced significant fluctuations over the past two decades, reflecting global economic trends and geopolitical events, according to NSE report.
Mumbai (Maharashtra) [India], June 1: N.S. Venkatesh, the highly respected financial professional who headed the Association of Mutual Funds in India (AMFI) as its CEO from 2017 to 2023, besides holding top positions in prestigious banks and financial institutions, is now embarking on a new
New Delhi [India], June 1: Investing in mutual funds has acquired great popularity over the past few years. Among distinct variants of mutual funds, liquid funds have emerged as a highly preferred option for many. Liquid funds are a kind of debt mutual fund that invests in securities with a
Mumbai (Maharashtra) [India], May 22: Nippon Life India Asset Management Limited (NAM India), the asset manager of Nippon India Mutual Fund (NIMF), proudly announces the unveiling of its groundbreaking sonic identity -- a powerful soundscape symbolizing financial freedom.
New Delhi [India], May 13: Equity mutual funds have emerged as a powerful tool for investors seeking to enhance their financial security and independence. By pooling money from numerous individuals, these funds invest in a wide array of stocks, offering investors an opportunity to benefit fr
Pune (Maharashtra) [India], May 9: Multi-asset allocation funds are hybrid mutual funds which have gained popularity among investors seeking diversified portfolios that can potentially provide steady returns while managing risk. These funds allocate investments across various asset classes l