A majority of financial planners have integrated AI in their existing practice, says a report released by FPSB India.

Wealth First Portfolio Managers led by Ashish Shah has received in-principle approval from the market regulator.

Maharashtra has maintained the highest AUM to GDP ratio of 87%. New Delhi and Goa take the next two positions with AUM to GDP ratio of 54% and 44%, respectively. The average AUM to GDP ratio is the ...

Latest SEBI data shows that the commitments raised by the AIF industry has reached Rs. 13.5 lakh crore as of March 2025. The commitments raised by the industry has increased by 20% in FY25 from Rs. 11 ...

The industry has added over 10 lakh SIPs having longevity of 5 years through direct plan compared to 8.80 lakh such SIPs via regular plans.

LIC India has received the highest new business premium of Rs. 2.26 lakh crore in FY25, an increase of 1.86% from FY24. The ...

ASK Investment Managers, a wealth management firm backed by Blackstone, has appointed George Heber Joseph as the new CIO and CEO (Equity). George brings over 2 decades of experience in equity and ...

Our analysis shows that SBI Mutual Fund, Nippon India Mutual Fund, and ICICI Prudential Mutual Fund are the top three players in passive funds. SBI Mutual Fund continues to lead the passive investing ...

Mirae Asset Mutual Fund has launched Mirae Asset Nifty50 Equal Weight ETF, a smart beta fund focusing on equal weight strategy. The underlying benchmark for this fund is the Nifty50 Equal Weight Total ...

The latest industry data shows that the MF industry added 3.50 lakh new unique investors in March 2025. With this increase, the number of unique investors in MFs increased from 5.39 crore in February ...

In a new partnership with the Department of Posts (DoP), SBI MF has signed a Memorandum of Understanding (MoU) to use India Post's network to provide doorstep KYC verification services for investors.

PFRDA issues new circular directing closure of NPS accounts for such individuals and transfer of funds to NRO accounts.