AUM

Axis Mutual Fund has outlined an aggressive growth roadmap, targeting a 20% annual expansion in assets under management and a place among India’s top six fund houses by FY29. The strategy reflects rising confidence in India’s long-term savings story, improving retail participation and a shift toward professionally managed investments. By sharpening its product mix, strengthening distribution and deepening investor engagement, Axis Mutual Fund aims to scale profitably while navigating market volatility.

HDFC Asset Management Company (AMC) posted a robust 20% year-on-year increase in net profit for the third quarter, reaching Rs 770 crore, driven by higher assets under management (AUM) and steady fee income. The performance reflects sustained investor confidence, healthy fund flows, and improved operational efficiency across equity and debt schemes. Analysts note that the AMC’s diversified product portfolio and disciplined cost management have helped mitigate market volatility.

India’s mutual fund (MF) industry is projected to witness exponential growth, with assets under management (AUM) expected to exceed Rs. 300 lakh crore by FY2035, according to a recent industry report. Analysts attribute this surge to rising financial literacy, increasing retail participation, robust equity market performance, and regulatory initiatives promoting systematic investment plans. The expansion is likely to have significant Rs.-denominated implications for fund houses, asset managers, and the broader financial ecosystem.

India’s aggressive hybrid mutual funds have surged to Rs. 2.5 lakh crore in assets under management, marking one of the strongest expansions in the category’s history. The rise reflects robust investor appetite for products that balance equity-driven growth with the relative safety of debt exposure. Market optimism, steady SIP inflows, and a broad-based shift toward professionally managed portfolios have collectively strengthened the segment.

Choice International, a prominent financial services firm, has announced a significant expansion in its Assets Under Management (AUM), reaching ₹635 crore, primarily driven by strategic acquisitions. The move underscores the company’s focus on scaling its investment portfolio and diversifying its client base. By integrating newly acquired assets, Choice International aims to enhance product offerings, optimize returns, and solidify its position in India’s competitive wealth management sector.

FundsIndia, a leading digital investment platform, has surpassed Rs. 20,000 crore in assets under management (AUM), reflecting the rapid adoption of technology-driven wealth management in India. This milestone underscores the platform’s growing influence among retail investors who are increasingly turning to digital solutions for managing their financial portfolios. The achievement comes at a time when India’s mutual fund industry is witnessing record inflows, propelled by rising financial literacy, expanding internet penetration, and a generational shift toward disciplined investing.

Amid strengthening domestic consumption and soaring gold prices, non-banking financial company Indel Money has announced ambitious growth projections for the current fiscal year. The gold loan financier aims to double its assets under management (AUM) to Rs. 4,000 crore in FY26, up from Rs. 2,400 crore recorded at the close of FY25. Buoyed by rising demand for collateral-backed credit, the firm has set a disbursement target of Rs. 10,000 crore for the year.