ASSET MANAGERS
Nvidia faced pressure to boost its AI backstop before Jensen Huang's exit
Nvidia's ambitious $500 billion AI financing partnership with six major Wall Street firms is facing hurdles, with customers and financial partners seeking a larger financing backstop than the chipmaker's proposed 25%. No deals have emerged so far, and Jensen Huang's exit as CEO adds uncertainty, potentially delaying the first transaction until January.
Manappuram Finance Q2 results: Profit soars 77% YoY, but NPAs rise
Manappuram Finance posted a 77% year-on-year jump in standalone Q2 net profit to Rs 665 crore. Strong operating income and 92% gold loan growth boosted performance, while gross NPAs increased sequentially to 1.8%.
Think ease of engagement before ease of business
Policy wonks in New Delhi have historically fussed too much about foreign capital buying domestic assets. But being perennially paranoid about the colour of money has only diminished our market appeal. India is too difficult relative to other opportunities where rules are clear, tax treatment is predictable, enforcement is credible and returns compensate for risk. Options around the world are plenty, India should think of ways to make global capital fall in love with her.
Aditya Birla Capital opens 100th gold loan branch in Mumbai
Aditya Birla Capital inaugurated its 100th dedicated gold loan branch in Santacruz, Mumbai, recently. The company also opened another branch in Andheri, marking significant growth in Maharashtra. As of September 30, 2026, gold loan assets under management reached ₹200 crore. This milestone reflects the company's execution capabilities and customer confidence in their services. Aditya Birla Capital aims to expand its branch network to 200-300 by March 2027 in key markets.
Jointly owning property to save tax? Why married couples must also plan for ownership and inheritance
Couples should focus on establishing shared ownership of assets and developing a continuity plan to access these in case of emergencies. It's crucial to clearly identify the funding sources for joint properties to avert any tax conflicts. Supreme Court rulings clarify that a nominee serves as a custodian rather than an owner. Drafting a Will detailing asset ownership helps avert disputes among nominees and legal heirs.
ET Wealth Expo| SIF bhi sahi hai’: Anshu Kapoor sees new investment vehicle attracting top fund management talent
Speaking at the ET Wealth Expo, Kapoor said the new product category could help bridge the gap between traditional mutual funds and alternative investment products that were earlier accessible largely to wealthier investors. “SIF bhi sahi hai,” Kapoor said, adding that the new category should be seen as an additional investment option rather than a replacement for mutual funds.
- Go To Page 1
Kissht parent OnEMI completes ₹832 crore preferential issue; 24 new investors join, existing shareholders add stakes
OnEMI Technology Solutions Ltd has successfully completed a preferential issue valued at ₹832.20 crore. The company allotted 2,64,93,882 equity shares to 34 investors, with trading approval received on November 8. The new shares increased OnEMI's paid-up capital to ₹20.46 crore, representing about 13 percent of the total capital. Ranvir Singh, the founder and CEO of Kissht, expressed gratitude to the investors for their support.
Deutsche Bank launches digital asset custody service for paying clients
Deutsche Bank launches its digital asset custody service for institutional and corporate clients, offering secure storage for cryptocurrencies including Bitcoin and Ether. The move strengthens its digital asset strategy, with plans for potential Asian expansion and collaboration with DWS to develop regulated digital asset infrastructure.
Diwali dhamaka isn’t over! How a Rs 38 lakh crore bull run sent Sensex up 8,000 points and Nifty up 10% in 8 days
India’s Diwali rally has added nearly Rs 38 lakh crore to BSE-listed companies’ market value in just eight trading sessions, with the Sensex surging nearly 8,000 points and the Nifty gaining 10% to cross 25,400. The rally has been driven by aggressive FII buying of Rs 53,170 crore this month, stronger global sentiment as the AI trade cools, and robust Q2 earnings
India’s rich pivot to real estate after stock returns falter
Investors in India are increasing their allocations towards high-yielding assets in real estate and logistics. Recent data shows a significant rise in investments through Alternative Investment Funds, nearly doubling in recent years. Family offices are now directing larger portions of their portfolios toward private credit and infrastructure while moving away from traditional investments. Specialized funds are attracting wealthy investors who want exposure to completed assets.
ETMarkets Fund Guide | Managing over Rs 8,000 crore: How Bajaj AMC's Sorbh Gupta picks winners in the Flexi Cap universe
In this edition of ETMarkets Fund Guide, Sorbh Gupta, Head – Equity at Bajaj Asset Management, who manages over Rs 8,000 crore through the Bajaj Finserv Flexi Cap Fund, shares his approach to picking the right stocks across large, mid and small caps.
Growing demand, demographics, digital agenda & energy security are long-term and secular tailwinds for India: Macquarie’s Ed Northam
Head of green Investments for the Australia’s largest asset manager said the firm is looking to reboot its India operations. While renewables will remain the biggest focus, industrial energy transition and E-mobility will be other key areas, he said. Since 2005, Green Investments group has deployed over $21 billion across 94 investments worldwide.
Nuvama Wealth Management Q2 Results: Profit rises 19% YoY to Rs 304 crore
Nuvama Wealth Management Ltd achieved a consolidated net profit of Rs 303.5 crore for Q2 FY27. The company saw a revenue increase of 20.35% to Rs 1,366 crore for the same quarter. Client assets reached Rs 5.5 lakh crore, reflecting a 25% year-on-year growth. Wealth management, asset services, and capital markets drove this substantial growth. The company demonstrated strong operating profits with a return on equity remaining robust at 29%.
Samvat 2083: How should mutual fund investors rejig their portfolios?
As Samvat 2083 begins, mutual fund investors should review their portfolios, stay disciplined with SIPs and avoid timing the market. Financial advisors share strategies for choosing fund categories, handling underperformers, diversifying across asset classes, booking profits and rebalancing portfolios to align investments with long-term financial goals.
Kotak eyes ₹4,500 crore fundraise to deepen bets on India's real estate market
Kotak Investment Advisors plans to raise ₹4,500 crore through its 16th real estate fund. This fund will focus on investments across India's real estate market, encompassing residential and commercial properties. The fund will utilize both debt and equity while targeting institutional capital to enhance liquidity for developers. It aims to conduct multiple transactions primarily in major cities and select tier-II locations.
Neo Group announces launch of Neo Mutual Fund; appoints Ashutosh Bhargava as CEO
Neo Group has entered the mutual fund business with the launch of Neo Mutual Fund, expanding its wealth and asset management operations. Led by Ashutosh Bhargava and Sudeep Aggarwal, the fund house plans to introduce schemes across liquid, arbitrage, diversified equity and multi-asset allocation categories, subject to regulatory approvals.
Gaja Alternatives net profit up 128% at Rs. 64.7 crore
Gaja Alternatives reported a 128% sequential rise in Q2 FY27 net profit to Rs. 64.7 crore, with revenue increasing 26% to Rs. 65.5 crore. The private equity asset manager highlighted strong fund performance, zero debt and expanding investments.
ETMarkets Smart Talk| FDs, G-Secs or debt funds? UTI AMC's Anurag Mittal explains what works in a rising-rate cycle
In this edition of ETMarkets Smart Talk, Anurag Mittal, President & Head–Fixed Income at UTI AMC, shares his views on the changing dynamics in India’s bond market, the outlook for interest rates and bond yields, and how investors can position their fixed-income portfolios in a rising-rate cycle.
ETMarkets Smart Talk| FDs, government bonds or debt mutual funds: How should investors choose in today's market?
In this edition of ETMarkets Smart Talk, we speak with Siddharth Chaudhary, Head – Fixed Income, Bajaj Asset Management Limited, who shares his outlook on interest rates, bond yields and liquidity, and explains how investors can navigate the changing fixed-income landscape while balancing returns, risk and liquidity needs.
ETMarkets Smart Talk| Gold, silver or copper? Tata MF fund manager suggests a 50:30:20 commodity allocation: Tapan Patel
In this edition of ETMarkets Smart Talk, we speak with Tapan Patel, Fund Manager – Commodities at Tata Asset Management, who shares his outlook on gold, silver, copper and crude oil, explains the changing dynamics driving commodity prices, and suggests a 50:30:20 allocation to gold, copper and silver, respectively, for investors looking to build a commodity portfolio for the long term.
Giva raises over $100 million led by Multiples Alternate Asset Management
Founded in 2019, Giva focusses on everyday wear and gifting jewellery made from silver, gold, and lab-grown diamonds, sold across online and offline channels. Currently, it has around 425 stores across India and Sri Lanka. By the end of the financial year, it aims to scale to 470-475 stores and plans to have 2,000 in the next four years.
ET Wealth Expo 2026| India's next investment mega trend is a $1.5 trillion wealth transfer: Ganesh Mohan
Speaking on the sidelines of ET Wealth Expo 2026 in Mumbai, Mohan identified intergenerational wealth transfer as one of the major socio-cultural mega trends unfolding in India. He believes the shift will go beyond the transfer of assets between family members and could trigger a fundamental change in investment preferences, with younger investors potentially moving towards financial assets, equities and more diversified portfolios.
Institutional investors step up bets on private credit as insurers, pension funds and DFIs back new funds
Institutional investors are now allocating more funds to private credit, significantly from insurance companies and pension funds. Neo Alternative Asset Managers has seen its second fund receive 22-25% contributions from these investors. Ascertis Credit's fourth fund also attracted commitments exceeding $700 million from multiple institutional investors. With increased interest in private credit, annual investment opportunities are now estimated around ₹1 lakh crore.
Indian stocks may recover on steady growth and earnings, Axis AMC says
Indian stocks are expected to recover in the financial year due to strong earnings and economic growth. The Nifty 50 index has decreased significantly after years of gains, partly due to global issues. The fund manager emphasizes that foreign fund outflows do not indicate a decline in India's growth prospects. Certain sectors like AI, energy, and domestic manufacturing are highlighted for potential investment.
Binance sees net outflows of $3.64 billion after resumption of withdrawals
On November 1, Binance reported net outflows of around $3.64 billion as withdrawals resumed after a pause. During this period, withdrawal volumes reached over $4.64 billion while deposits amounted to $1.01 billion. The exchange stated that the percentage of outflows represented 2.1% of its total assets. Despite the large outflows, Binance highlighted that deposit volumes remained substantial and withdrawal volumes began to stabilize.
12 key Indian mutual funds score zero on climate scenario analysis and stress testing. Should you be worried?
A recent study reveals that India's $900-billion asset management sector lacks climate scenario analysis disclosures. Twelve mutual funds, representing over 80% of assets, scored zero in stress testing. This gap contrasts with findings from Asian peers who share some level of climate analysis. Rising climate risks in India could threaten up to $250 billion in annual output by 2030.
Load More
