In a Lok Sabha response to a question on the quantum of claims repudiated by insurers, industry data shows that the Insurance Ombudsman disposed of 54% of cases in favour of complainants or ...

Compared to last year, HDFC Mutual Fund has moved to the number one position in index funds with AUM of Rs. 48,942 crore, narrowly ahead of ICICI Prudential Mutual Fund at Rs. 48,719 crore. UTI Mutual ...

SEBI Chief Tuhin Kanta Pandey said that the market regulator will soon reduce the regulatory overlap between MFDs and investment advisers. He was speaking at the AMFI AGM held recently in Mumbai. He ...

India’s mutual fund industry has witnessed significant growth and evolution over the past five years, with rising AUM, wider investor participation and increasing adoption of different investment ...

Baroda BNP Paribas Asset Management India has appointed Madhu Nair as its new Chief Executive Officer (CEO), said a company press release. Madhu Nair succeeds Sanjay Kumar Grover, Managing Director & ...

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360 ONE, a wealth and asset management firm with an AUM of Rs. 7.85 lakh crore has appointed Abhishek Bhalotia as Chief Growth & People Officer, the company said in a press release. Bhalotia will lead ...

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 ...

It is a multifactor fund that will give exposure to a diversified basket of 50 companies selected from the broad BSE 500 ...

Despite India's strong macroeconomic fundamentals, global uncertainty and market volatility are creating demand for investment solutions that sit between traditional debt and equities, according to ...

Axis Pension Fund has crossed Rs. 20,000 crore in AUM. Rs. 10,000 of the AUM came in just 15 months from June 2025 to August 2026, says a company press release. Axis Pension Fund also recently ...

It is mandatory for large distributors having gross commission income of over Rs.5 crore to raise e-invoice. Under the GST Invoice Upload section, distributors have to first declare whether they are ...