AUM
Quant Small Cap Fund raises stake in Adani Enterprises and 8 others, trims in Aurobindo Pharma and 4 more
Quant Small Cap Fund increased exposure to Adani Enterprises and eight other stocks in May while reducing holdings in Aurobindo Pharma and four more. The fund also added six new stocks, exited three positions and maintained a defensive tilt through a higher large-cap allocation.
ET Alpha Wealth Summit Masterclass | Radhika Gupta reveals India's next 4 wealth creation themes & why SIFs are the investment product of the decade
Radhika Gupta, Edelweiss Mutual Fund CEO, champions Specialised Investment Funds (SIFs) as a new product category offering lower market dependence and higher alpha. She highlighted India's robust economic growth, driven by demographics, reforms, and financialisation. Gupta identified defence, energy, and premium consumption as key sectors poised for significant wealth creation over the next decade.
Sectoral and thematic fund inflows plunge 67% to Rs 647 crore. Are investors turning away from thematic bets?
Sectoral and thematic mutual fund inflows saw a significant drop in May, falling by 67%. This decline suggests investors are moving away from concentrated bets towards diversified strategies. Experts believe this trend reflects a natural shift during market uncertainty. While some sectors show strong performance, others lag, making sector selection challenging.
Motilal Oswal shares jump 5% after UBS initiates coverage with 'Buy', sets Rs 1,150 target
Shares of Motilal Oswal Financial Services rose sharply on Friday after UBS initiated coverage with a 'Buy' rating and Rs 1,150 target price. The brokerage cited strong AUM growth prospects, recurring revenue expansion, and benefits from India's long-term financialisation trend.
Aum Ventures plans to invest Rs 750 crore in innovative startups in 5 years
VC firm Aum Ventures has launched its second fund, India Innovation Fund II, targeting Rs 750 crore. The fund aims to invest in 25-30 innovative, IP-driven startups over five years, focusing on pre-seed and seed-stage companies. This follows their previous deployment of $30 million across 24 early-stage ventures.
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HFCs emerge stronger after FY26 stress, asset quality recovers sharply; sector better placed for FY27: Report
Housing finance companies have emerged stronger after facing challenges. Asset quality has improved significantly. Loan growth is picking up, and profitability remains resilient. The sector saw a broad-based recovery in the fourth quarter of FY26. This was supported by better collections and healthy disbursement growth. HFCs are now better positioned to handle future challenges.
Parag Parikh Flexi Cap Fund raises stake in ITC, HDFC Bank and 14 other stocks in May
Parag Parikh Flexi Cap Fund, India’s largest active flexi-cap scheme by AUM, raised exposure to ITC, HDFC Bank and 14 other stocks in May, according to PPFAS Mutual Fund’s latest portfolio disclosure. The fund added 4.46 crore ITC shares, taking total holdings to 28.78 crore, while increasing its HDFC Bank position by 47.20 lakh shares.
Mutual fund SIP stoppage ratio slows down to 95% in May, new SIPs surpass discontinued ones
The mutual fund SIP stoppage ratio dropped to 95% in May, indicating more new SIPs were registered than discontinued. This positive trend, with 54.16 lakh new SIPs against 51.70 lakh stoppages, signals growing investor confidence despite market volatility. Robust SIP inflows of Rs 30,954 crore continue to power the industry's growth.
Credit guarantee scheme for MFI 2.0 gets extension
The Credit Guarantee Scheme for Microfinance Institutions-2.0 has been extended. This extension will last until August or until guarantees worth ₹20,000 crore are issued. The maximum loan amount for large NBFC-MFIs and MFIs has been raised to ₹1,000 crore. This aims to boost credit flow to the microfinance sector. Loans totaling ₹770 crore have been sanctioned so far.
Govt extends validity of Credit Guarantee Scheme for Microfinance Institutions upto August 31
The Finance Ministry has extended the Credit Guarantee Scheme for Microfinance Institutions-2.0 until August 31, 2026, or until Rs 20,000 crore in guarantees are issued. The maximum loan amount for large NBFC-MFIs and MFIs has also been raised to Rs 1,000 crore. These changes aim to boost credit flow to the MFI sector, with Rs 770 crore already sanctioned.
Nithin Kamath says 30% Zerodha accounts now belong to women investors, double since Covid
Women are increasingly investing in India's stock market and mutual funds. Zerodha reports over 30% of its accounts are now held by women, a significant rise since the pandemic. Reports indicate women manage substantial mutual fund assets and are adopting diversified, long-term investment strategies. This trend shows a growing financial independence among women across various age groups.
Gold ETFs see first outflow in a year, silver ETFs bleed for fourth straight month
Gold ETFs saw their first outflow in over a year in May, while silver ETFs extended losses for the fourth straight month, according to AMFI data. Gold ETFs recorded an outflow of Rs 725 crore versus an inflow in April, while silver ETFs saw a Rs 2,133 crore outflow, taking total withdrawals over four months to Rs 3,770 crore.
AMFI Data: Mutual fund SIP inflows slip 1% to Rs 30,954 crore in May
May SIP Data: The monthly inflows remained above the Rs 30,000 crore mark for the third consecutive month. On yearly basis, the SIP inflows went up 16% from Rs 26,688 crore in May 2025. Overall, equity mutual fund inflows declined 40% month-on-month to Rs 22,907 crore in May from Rs 38,440 crore in April. However, on a year-on-year basis, inflows rose 20% from Rs 19,013 crore recorded in May 2025.
Nuvama Wealth receives final SEBI approval to launch mutual fund business
Nuvama Wealth Management has received final Sebi approval to enter the mutual fund business through Nuvama Asset Management. The company plans to initially launch products under the Specialized Investment Fund (SIF) framework before expanding its mutual fund offerings, leveraging its wealth management expertise and extensive client base.
AMFI Data: Equity mutual fund inflows tumble 40% to Rs 22,907 crore in May
Among the 11 sub-categories, flexi cap funds remained investors’ favourite, attracting the highest inflow of Rs 5,175 crore in May, compared with a record-high inflow of Rs 10,147 crore in April.
SpaceX IPO: 5 Indian mutual funds that can offer exposure to space giant
SpaceX’s planned IPO and potential inclusion in the Nasdaq-100 have renewed investor interest in Indian mutual funds tracking the benchmark. Such funds could gain indirect exposure to the aerospace giant, although fresh investments in several schemes remain restricted due to overseas investment limits.
Edelweiss Alternatives’ Subahoo Chordia quits, likely to launch own fund
Subahoo Chordia, a key figure at Edelweiss Alternatives, has departed to launch his own infrastructure fund. He was instrumental in building the firm's real assets and infrastructure business, managing substantial assets and spearheading significant deals. Chordia's departure follows a successful tenure marked by substantial fundraising and strategic acquisitions in the infrastructure and clean energy sectors.
Four mutual funds restrict large inflows into gold ETFs and FoFs; Rs 25 crore cap imposed
South Korea and Taiwan are facing market pressure despite strong gains in semiconductor giants driving the AI boom. Heavy concentration in a few chipmakers has increased vulnerability to profit-taking and volatility, exposing the risks of narrow market leadership as investors reassess valuations amid geopolitical and economic uncertainties.
AlphaGrep enters MF space, eyes Rs 25,000-30,000 cr AUM in 3-5 yrs; to launch maiden scheme on Jul 6
The move comes after the company received approval from the Securities and Exchange Board of India (Sebi) to commence mutual fund operations.
ICICI Prudential Mutual Fund restricts subscription in ICICI Prudential Gold ETF
ICICI Prudential Mutual Fund has restricted subscriptions exceeding Rs 25 crore in its Gold ETF, becoming the second fund house to do so after HDFC Mutual Fund. This move aims to curb excessive financialization of gold at elevated prices, potentially impacting India's current account deficit and rupee. Investors are advised to consider profit booking and avoid fresh lump-sum allocations.
PGIM India Mutual Fund revises subscription limits in its 3 international funds
PGIM India Mutual Fund has revised daily subscription limits for three international funds, effective June 5. Fresh SIPs are capped at Rs 50,000 per day, per investor, per scheme. Existing SIPs and STPs will continue, while new STP registrations will not be accepted after June 4, 2026.
Satin Creditcare promoters to infuse Rs 100 crore, raise stake
Satin Creditcare Network's promoters will invest Rs 100 crore through convertible warrants, increasing their stake to 38.32% from 36.17%. The capital infusion will strengthen the lender's balance sheet, support growth plans and aid its target of achieving Rs 32,000 crore AUM by 2030.
HDFC Mutual Fund restricts lumpsum subscriptions in its gold ETF and fund of fund
HDFC Mutual Fund has temporarily restricted lumpsum investments in HDFC Gold ETF and HDFC Gold ETF Fund of Fund. The move limits large subscriptions and switch-ins, while existing scheme terms remain unchanged. The restrictions take effect from June 5 and June 8 until further notice.
Jefferies initiates coverage on Poonawalla Fincorp with Buy rating. Why are analysts bullish?
Jefferies has initiated coverage on Poonawalla Fincorp with a Buy rating and a target price of Rs 490. The brokerage sees strong growth potential driven by a new leadership team and an expanded product range. Poonawalla Fincorp is expected to achieve the fastest AUM growth among major NBFCs. Profitability is also projected to improve significantly, supporting premium valuations.
Franklin India Dividend Yield Fund turns Rs 10,000 SIP to Rs 1 crore in 20 years, AUM crosses Rs 2,300 crore mark
Franklin India Dividend Yield Fund delivered exceptional returns. A Rs 10,000 monthly investment since inception grew to over Rs 1.2 crore in 20 years. The fund's AUM also crossed Rs 2,300 crore. It follows a dividend yield strategy, investing in companies with consistent payouts. This approach aims for steady compounding and downside protection.
Godrej Industries launches wealth management company
Godrej Industries has launched Godrej Wealth, its new wealth management arm, targeting ₹1 lakh crore in assets under management by 2031. The platform will cater to affluent and high net worth individuals with investable assets of ₹2 crore and above.
Aadhar Housing Finance aims to cross Rs 50,000-cr AUM milestone by FY29
Aadhar Housing Finance aims to boost its asset under management to Rs 50,000 crore by FY29, projecting an 18-20% loan growth annually. The company, focused on the low-income segment with loan ticket sizes under Rs 15 lakh, reported a net profit of Rs 1,108 crore in FY26. This growth is supported by favorable demographics, formalization, and government schemes like PMAY.
Shalibhadra Finance eyes Rs 500 crore AUM as FY26 profit climbs 22%
Shalibhadra Finance is set for major expansion. The company aims to more than double its loan book by FY29. This growth will be fueled by new products like Micro LAP and home loans. Geographic expansion into new states is also planned. Technology investments will enhance efficiency. Shalibhadra Finance is positioning itself for significant growth in the retail finance sector.
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