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Sundaram Alternates Assets Report Predicts 14% CAGR Growth for Indian Family Offices, and 5% Increase in Alternative Investments Over the Next Three Years Significant Growth Forecasted for Mid to Large-Sized Family Offices in India Family Offices in India Projected for 14% CAGR in AUM Growth and a 5% Increase in Alternative Investments Over the Next Three Years, Reports Sundaram Alternates A new report titled "From Legacy to Leadership," released by Sundaram Alternates, projects that the Assets Under Management (AUM) for mid to large-sized family offices in India will grow at a Compound Annual Growth Rate (CAGR) of 14% over the next three years, potentially increasing by 1.5 times. This report h...
Sundaram Alternates Assets Report Predicts 14% CAGR Growth for Indian Family Offices, and 5% Increase in Alternative Investments Over the Next Three Years Significant Growth Forecasted for Mid to Large-Sized Family Offices in India
Sundaram Alternates Assets Report Predicts 14% CAGR Growth for Indian Family Offices, and 5% Increase in Alternative Investments Over the Next Three Years Significant Growth Forecasted for Mid to Large-Sized Family Offices in India
Source: PR Agency
2024-08-28 02:10:00 pm
Mutual fund SIPs reach Rs 23,332 crore for first time, AUM at 64.69 lakh crore India’s mutual fund industry witnessed the highest ever Rs 23,332 crore SIP inflow in July, which in June was Rs 21,262 crore. Due to the recent increase in Systematic Investment Plans (SIPs) inflow, Assets Under Management (AUM) of the total mutual fund industry reached 64.69 lakh crore in July as against 60.89 lakh crore in June. According to the AMFI (Association of Mutual Funds in India) data, Total inflows into equity funds declined by 8.6 per cent to Rs 37,113.4 crore in the...
Mutual fund SIPs reach Rs 23,332 crore for first time, AUM at 64.69 lakh crore
Mutual fund SIPs reach Rs 23,332 crore for first time, AUM at 64.69 lakh crore
Source: IANS
2024-08-11 05:38:32 pm
NBFC-MFIs disbursed nearly 40% of micro-credit by end of FY24: MFIN Microfinance Industry Network (MFIN), an umbrella body of micro-finance institutions, has said that nearly 40 per cent of micro-credit disbursed by the end of the 2023-24 fiscal was by non-banking financial companies-micro finance institutions (NBFC-MFIs), and 33 per cent by scheduled banks. It said NBFC-MFIs are the largest provider of micro-credit in the country.  As of March 31, 2024, the gross loan portfolio of the entities extending micro-credit stood at Rs 4.33 lakh crore. Small...
NBFC-MFIs disbursed nearly 40% of micro-credit by end of FY24: MFIN
NBFC-MFIs disbursed nearly 40% of micro-credit by end of FY24: MFIN
Source: Accord Fintech
2024-06-13 12:16:45 pm
Paisalo Digital surges on reporting 32% rise in AUM during Q4FY24 Paisalo Digital is currently trading at Rs. 85.31, up by 2.62 points or 3.17% from its previous closing of Rs. 82.69 on the BSE. The scrip opened at Rs. 86.49 and has touched a high and low of Rs. 86.82 and Rs. 84.15 respectively. So far 109491 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 99.63 on 01-Mar-2024 and a 52 week low of Rs. 21.01 on 11-Jul-2023. Last one week high and low of the scrip stood at Rs. 8...
Paisalo Digital surges on reporting 32% rise in AUM during Q4FY24
Paisalo Digital surges on reporting 32% rise in AUM during Q4FY24
Source: Accord Fintech
2024-04-10 11:40:58 am
Midcap and small cap funds accounted for 87 pc of flows in FY24 Mid and small cap funds accounted for 59 per cent of assets under management (AUM) and 87 per cent of flows in FY24, global brokerage firm Jefferies said. Midcap and Small Cap index outperformed Nifty by 28 percentage points and 34 percentage points respectively in FYTD24 (i.e. Since April, 2023) driven by strong inflows into the Mid and Small fund category which accounted for 87 per cent of the total inflows into the Large, Mid, Small and Large and Mid category combined (FY23 71 per cent)...
Midcap and small cap funds accounted for 87 pc of flows in FY24
Midcap and small cap funds accounted for 87 pc of flows in FY24
Source: IANS
2024-03-17 06:01:32 pm
Kotak Bluechip Fund Celebrates 25 Years of Long Term Wealth Creation for Investors Kotak Mahindra Asset Management Company Ltd.’s(“KMAMC” / “Kotak Mutual Fund”) flagship offering -Kotak Bluechip Fund, has stood as a beacon of growth in the dynamic world of investments and has recently marked a milestone of 25 years since its inception on December 29, 1998. The Fund reflects India’s economic growth andis a testament to the power of compounding, with a Compound Annual Growth Rate (CAGR) of 16.36%1for SIP. The performance of the fund can ...
Kotak Bluechip Fund Celebrates 25 Years of Long Term Wealth Creation for Investors
Kotak Bluechip Fund Celebrates 25 Years of Long Term Wealth Creation for Investors
Source: PR Agency
2024-02-21 09:35:01 am