by AIP Online Bureau | Dec 31, 2024 | Data, Eco/Invest/Demography, Wealth Management/ Philanthropy
Rural and semi-urban areas now account for 50 per cent of the total SIP accounts in the country. Meanwhile, AUM growth in B-30 (Beyond 30 cities) outpaced the top-30 cities during this period. New Delhi: Indian mutual fund industry’s assets under management (AUM) saw...
by AIP Online Bureau | Jun 5, 2024 | Eco/Invest/Demography, Indian News, Wealth Management/ Philanthropy
HDFC Life has a debt: equity mix of 67:33 with 99% of debt investments in Government bonds and AAA rated securities as on Mar 31, 2024 Mumbai:HDFC Life, one of India’s leading life insurance companies, announced thatit has crossed Rs 3 lakh crore in Assets Under...
by AIP Online Bureau | Apr 23, 2024 | Briefs, Eco/Invest/Demography, Life
Tata AIA Life Insurance has crossed Rs. 1 lakh cr in assets under management (AUM). In less than three years, the Company has doubled its AUM from Rs. 50,000 crore (Aug’21) to Rs. 1,00,000 crore. This increase has been fuelled by strong growth in Individual New...
by AIP Online Bureau | Jan 8, 2024 | Data, Eco/Invest/Demography, Policy, Regulation, Wealth Management/ Philanthropy
The industry saw net inflows of Rs 2.7 trillion in 2023 as compared to an inflow of over Rs 71,000 crore in the preceding year. The huge inflow could be on the back of sustained investor interest in equity funds, arbitrage funds, and index funds & ETFs Mumbai: The...
by AIP Online Bureau | Sep 3, 2023 | Eco/Invest/Demography, Indian News, Pension & Social Security
For corporates, it was Rs 1,35,218, for all citizen model the AUM was Rs 47,663, for NPS Lite it was Rs 5,157 and for Atal Pension Scheme the AUM was Rs 30,051 New Delhi: The number of subscribers under the National Pension System (NPS) and Atal Pension Yojana (APY)...