AMCs
Sebi's mutual fund-only PMS proposal is a game-changer for advisers, but compliance barriers loom
The mutual fund-only portfolio management services proposed by Sebi could reshape the wealth advice landscape, allowing advisers to collect fees directly while managing portfolios. However, stringent compliance demands and a high entry threshold may deter smaller advisers from participating.
4 min read31 Jul 2026No foreign equities: Why Bajaj AMC's Nimesh Chandan swears by India
Home bias isn't a tactical call based on current market conditions but an investing philosophy Bajaj AMC's Nimesh Chandan has followed for years.
6 min read31 Jul 2026ABSL AMC Q1 Results: Net profit rises 12% YoY to ₹310 crore; overall AUM climbs to ₹10.7 lakh crore
Aditya Birla Sun Life AMC reported a 12% YoY increase in consolidated net profit to ₹309.5 crore for Q2 2026. Revenue rose 3% to ₹463 crore, but total expenses climbed 14%, impacting operating profit, which fell 4% from the previous year.
2 min read21 Jul 2026SBI Funds Management IPO subscribed 0.71x on Day 1; NII portion leads demand, GMP signals 16% listing premium
SBI Funds Management's IPO saw strong investor interest on Day 1, with overall subscription at 0.71 times. Retail and NII segments showed positive engagement, while QIB interest was lower. The IPO, valued at ₹9,812.91 crore, is an Offer for Sale with SBI and Amundi as main shareholders.
2 min read14 Jul 2026SBI Funds Management files RHP for IPO; issue opens on July 14
State Bank of India announced that SBI Funds Management has filed the red herring prospectus for its IPO. The offering is an sale of up to 203.71 million shares, with SBI divesting 128.33 million. The IPO opens for subscription on July 14, 2026.
2 min read8 Jul 2026Multibagger HDFC AMC to announce June quarter results on this date. Check details
HDFC AMC's board will meet on July 15, 2026, to review financial results for June 2026. The trading window for shares closes from July 1-17, 2026. The firm launched a new sustainable investment strategy, HDFC Growth for GOOD Portfolio, aiming for positive societal outcomes.
2 min read26 Jun 2026Groww, BSE to Angel One: Over 10 capital market stocks jump up to 43% in April amid market revival
April marked a recovery for capital market stocks, with Groww and Angel One leading gains. The Nifty Capital Market index surged 23.20% as easing geopolitical tensions and positive earnings reports fueled investor enthusiasm, reversing four months of declines.
2 min read1 May 2026AMC quarterly earnings dented by impact of West Asia conflict on other income despite steady fees
In FY26, AMCs maintained stable earnings overall, but Q4 profits were affected by market volatility linked to the West Asia conflict. ICICI Prudential AMC and HDFC AMC saw notable declines in net profit, with mark-to-market losses impacting other income significantly.
3 min read1 May 2026Canara Robeco AMC Q4 Results: Revenue rises 13%, PAT steady at ₹41 crore; declares ₹2.5 dividend
Canara Robeco Asset Management reported stable financial results for Q4FY26, with revenue of ₹114.20 crore and profit after tax of ₹41.36 crore. For FY26, revenues rose to ₹424.95 crore, with a profit of ₹203.80 crore. A final dividend of ₹2.50 was also announced.
2 min read27 Apr 2026GIFT-wrapped: AMCs offer 60% salary hikes, perks to lure reluctant fund managers to Gujarat finance hub
Asset management companies are pulling out all the stops to entice fund managers to relocate to GIFT City, offering lucrative pay hikes and relocation perks. However, with a limited talent pool and hesitance from managers, the competition is fierce.
5 min read20 Apr 2026Wait for it…
Oops! Looks like you have exceeded the limit to bookmark the image. Remove some to bookmark this image.