The average assets under management goes up by 3% to Rs. 81.71 lakh crore compared to Rs. 79.21 lakh crore previous month.
India’s listed asset management companies (AMCs) delivered a steady profitability performance in FY26. The listed AMCs closed ...
With passives assets continue to grow in the Rs.80 lakh crore mutual fund industry, Cafemutual did an analysis on AUM data to ...
The industry data shows that there is substantial decline of 35% in direct SIP accounts having longevity of over 5 years.
The consolidated profit after tax of Prudent Corporate Advisory rose 13.5% to Rs 222 crore for FY26 compared to Rs.196 crore reported in FY25, the company said in a press release.
According to AMFI norms, MFDs must raise invoices between the 7th and 15th of every month to claim GST amount.
At the Cafemutual Ideas Fest 2026, Saugata Chatterjee asked distributors to move from memory-driven practices to intelligence-led client management.
ZFunds has launched an artificial intelligence (AI) tool to reshape how independent wealth managers build their businesses and manage workflows. ZFunds is a wealthtech platform for mutual fund ...
While Magnum SIF by SBI is the largest in terms of AUM, ISIF by ICICI Prudential AMC leads in terms of SIF folios.
The New India Assurance, Star Health and Care Health are the top three players in health insurance business whereas ICICI ...
The trade body said that absence of GST details could limit commission payments to the extent of base brokerage only.
India’s five major direct plan players – Coin (Zerodha), ET Money, Groww, Kuvera and Paytm Money managed AUM of Rs.48,600 crore as on March 2022, shows the MFDex data, which accounts for 95% of the ...
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