Interarch Wins Major Orders Worth ₹221 Crore in Semiconductor and Battery Sectors

Interarch Building Products Limited, a pioneer in pre-engineered building solutions, has taken a significant step in advancing India’s technological and sustainable future. The company recently secured orders worth ₹221 crore for projects in the revolutionary semiconductor and lithium-ion battery sectors. This achievement not only reinforces Interarch’s position as a leader in the infrastructure space but also aligns with India’s vision of becoming a global tech and energy hub.

The shares of Interarch opened at ₹1,598 on the NSE on January 13, 2025, and reached an intraday high of ₹1,624.80. As of 11:34 AM, the stock is trading down by 1.06%, at ₹1,538.

Major Wins in Emerging Sectors

  • TATA Semiconductor Manufacturing Facility in Assam

Interarch has been entrusted with the design and execution of a cutting-edge semiconductor manufacturing facility in Jagiroad, Morigaon, Assam. This project, spearheaded by TATA Semiconductor Assembly & Testing Pvt. Limited, is a pivotal initiative in strengthening India’s domestic electronics manufacturing ecosystem.

  • India’s Largest Lithium-Ion Battery Unit in Gujarat

The 2nd project involves the construction of the nation’s largest lithium-ion battery manufacturing unit in Sanand, Gujarat, for Agratas Energy Storage Solutions Pvt. Ltd. This facility aims to address the rapidly growing demand for energy storage solutions, crucial for India’s transition to sustainable energy. This is Interarch’s 2nd lithium-ion battery manufacturing order, after EXIDE ENERGY SOLUTIONS.

Both projects will be executed under the guidance of TATA Projects Limited, the EPC contractor, ensuring the delivery of world-class infrastructure solutions.

Speaking on the development, Mr Arvind Nanda, Managing Director, Interarch Building Products Ltd., said “We are proud to partner with Tata Projects Limited on these transformative initiatives. The semiconductor and energy storage sectors are pivotal to India’s economic and technological future. Our flexible and industry-agnostic infrastructure solutions ensure efficiency, reliability, and sustainability in every project we undertake. These collaborations further reflect our commitment to driving innovation and growth across new-age industries.”

About the Company

Interarch Building Products Limited commenced its operations in 1983. Today, 40 years later, Interarch is one of the leading turnkey pre-engineered steel construction solution providers in India with integrated facilities for design and engineering, manufacturing, and on-site project management capabilities for the installation and erection of pre-engineered steel buildings.

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions. 

Investments in the securities market are subject to market risks, read all the related documents carefully before investing.

Grasim Industries Share Price Hits 7-Month Low Amid Karwar Plant Incident: Key Details

Grasim Industries’ share price dropped by 1.65%, reaching a 7-month low as of 11:00 AM on Monday, January 13, 2025. The decline followed the company’s disclosure of a “minor process safety incident” at its Karwar plant in Karnataka, which occurred on Saturday, January 11, 2025.

The incident was attributed to a technical malfunction caused by power tripping. While some workers required medical attention at a local hospital, they are expected to recover fully, according to the company’s statement.

Operational Impact of the Incident

In response to the incident, emergency protocols were immediately activated, and plant operations have been suspended. Grasim Industries stated that operations will resume only after the internal investigation is completed and the necessary regulatory approvals are obtained.

The company assured stakeholders that the incident is unlikely to have a material financial impact.

Financial Performance Amid Operational Challenges

This development comes at a time when Grasim Industries has been facing challenges in profitability. 

Despite the dip in profits, the company’s revenue from operations increased by 11.05% to ₹33,562.85 crore for the July-September quarter, compared to ₹30,220.68 crore in the same period last year. Driven by the superior performance of Financial Services, Cellulosic Staple Fibre and Specialty Chemicals businesses. Consolidated EBITDA declined by 10% at ₹4,042 crore as a result of lower profitability in the Cement business and initial investments in the Paints business under the brand ‘Birla Opus’.

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions. 

Investments in the securities market are subject to market risks, read all the related documents carefully before investing.

EMA Partners India to Launch IPO on January 17

EMA Partners India Ltd, a prominent executive search firm, was established in September 2003 as Executive Management Associates India Pvt Ltd by founders Krishnan Sudarshan and Subramanian Krishnaprakash. The company was later renamed EMA Partners India. 

IPO Details 

The company is set to launch its Initial Public Offering (IPO) on the NSE’s Emerge platform, opening for public subscription on January 17, 2025 and closing on January 21, 2025. The IPO comprises a fresh issue of up to 53.34 lakh equity shares, aggregating up to ₹66.14 crores, and an offer for sale component of up to 7.96 lakh shares by promoters and a public shareholder, totalling ₹9.87 crores. 

The price band for the issue is set between ₹117 and ₹124 per share, with investors able to bid for a minimum of 1,000 shares and in multiples thereof. The shares are proposed to be listed on the Small and Medium Enterprises (SME) platform of NSE Emerge, with the listing date tentatively fixed for January 24, 2025. 

IPO Fund Utilisation 

The company plans to utilise the proceeds from the IPO to augment its leadership team, upgrade existing IT infrastructure, repay debt, and pursue unidentified inorganic acquisitions. Indorient Financial Services is acting as the sole book-running lead manager for the IPO, while Bigshare Services is the registrar. 

About EMA Partners India

EMA Partners India Ltd. is recognised as one of the leading executive search firms, delivering customised leadership hiring solutions across diverse sectors. Along with its subsidiaries, including James Douglas Professional Search India and MyRCloud, the company covers the entire spectrum of white-collar hiring, from entry-level positions to senior leadership roles.

Objective of the IPO

The company intends to utilise the net proceeds from the fresh issue for the following purposes: strengthening the leadership team for both the company and its subsidiaries, capital expenditure to upgrade the existing IT infrastructure of the company and its subsidiaries, repayment or prepayment in full of borrowings incurred by the company for the purchase of office premises, and general corporate purposes.

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions. 

Investments in the securities market are subject to market risks, read all the related documents carefully before investing.

Macrotech Developers Acquires 20-acre Land Parcel in Bengaluru

Macrotech Developers, a real estate developer, has delivered an impressive 100 million square feet of real estate and is currently developing over 110 million square feet as part of its ambitious ongoing and planned portfolio. 

Acquired 20 acres of Land

The Mumbai-based developer, renowned for its Lodha brand, has acquired a prime 20-acre land parcel in Bengaluru to develop a prestigious housing project valued at ₹2,800 crore.

This acquisition exemplifies Macrotech’s strategic approach, blending outright purchases with partnerships through joint development agreements. According to informed sources, a portion of the land was directly purchased, while the remaining was secured via a joint development pact with the landowner.

Q3 FY25 Results

Macrotech Developers Ltd., under the Lodha brand, delivered strong Q3 FY25 results with record pre-sales of ₹4,510 crore, a 32% YoY rise, and nine-month pre-sales of ₹12,820 crore, up 25% YoY. Collections surged 66% YoY to ₹4,290 crore, totalling ₹10,060 crore for the nine months, a 30% YoY increase. 

The company expanded in Bengaluru with a ₹2,800 crore project and secured 8 projects across MMR, Bengaluru, and Pune, achieving 90% of its annual GDV target of ₹19,500 crore. It also entered NCR with a 33-acre land acquisition for digital infrastructure. Net debt was reduced by ₹610 crore to ₹4,320 crore, maintaining a net debt-to-equity ratio below 0.5x.

Macrotech Developers Expands into Bengaluru Housing Market 

Macrotech Developers ventured into the Bengaluru housing market a few years ago, broadening its reach beyond the Mumbai Metropolitan Region (MMR) and Pune, where it commands a significant market share.

Encouraged by the exceptional response to its maiden residential project in Bengaluru, the company has resolved to strategically enhance its presence in this thriving IT hub to capitalise on the burgeoning demand.

Share Price Performance

Macrotech Developers Ltd’s share was traded at ₹1,242 per share at 9:20 AM on January 13, 2025.

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions. 

Investments in the securities market are subject to market risks, read all the related documents carefully before investing.

NCLAT Clears Amalgamation of Indiabulls Real Estate and Embassy Group

In a landmark decision, the National Company Law Appellate Tribunal (NCLAT) has sanctioned the long-pending merger between Equinox India and Embassy Group entities. This move comes after the Chandigarh bench of the National Company Law Tribunal (NCLT) had stalled the amalgamation process in May 2023, citing objections from the Income Tax Department.

The merger, initially approved by regulatory bodies and stakeholders, aims to establish a Pan-India real estate company by combining the strengths of IBREL in North India with Embassy’s operations in South India.

NCLT’s Objections Overruled by NCLAT

The merger faced a significant roadblock in May 2023 when the NCLT withheld approval based on concerns raised by the Income Tax Department over the valuation and share swap ratio. Despite regulatory clearances from the Competition Commission of India (CCI), bourses, the Registrar of Companies (RoC), and stakeholder approvals, the NCLT decided to intervene in the valuation process. 

However, the NCLAT, in its 46-page judgment, criticised the NCLT for overstepping its jurisdiction. It emphasised that the valuation, conducted using the widely recognised Discounted Cash Flow (DCF) method, was performed by experts and did not warrant interference.

The appellate tribunal further noted that the Income Tax Department had left the final decision to the tribunal’s discretion and that Equinox India Development had undertaken to bear any tax liabilities arising from the amalgamation. The revision in the profit-sharing ratio of the Cornerstone Project also addressed discrepancies in cash flow, ensuring transparency and compliance.

A New Chapter in the Indian Real Estate Market

With the appellate tribunal’s nod, IBREL and Embassy Group are now poised to create a Pan-India real estate giant. The amalgamation includes IBREL as the transferee company and NAM Estates and Embassy One Commercial Property Developments as transferor companies. The merger promises to harness the complementary strengths of both entities, expanding their footprint across North and South India.

NCLAT directed all companies involved to ensure compliance with statutory requirements following the merger. It also dismissed an appeal filed by Tejo Ratna Kongara, an objector to the scheme. This decision underscores the importance of respecting the commercial wisdom of shareholders, creditors, and boards of directors in corporate restructuring.

Equinox India Development Share Performance 

As of January 13, 2025, at 11:10 AM, the Shares of Equinox India Development trades at ₹131.86 per share with a decline of 0.23% from its previous day’s closing price.

Conclusion

The NCLAT’s decision to approve the merger between IBREL and Embassy Group marks a pivotal moment for India’s real estate sector. By resolving objections and upholding the expert-driven valuation process, the tribunal has paved the way for the creation of a unified, Pan-India real estate powerhouse, capable of leveraging synergies to deliver sustainable growth.

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions. 

Investments in the securities market are subject to market risks, read all the related documents carefully before investing.

Shilpa Medicare Secures EU Approval for Tadalafil Orodispersible Films

Shilpa Medicare Limited, based in Raichur, Karnataka, has secured Marketing Authorization in Portugal, Europe, for its innovative Tadalafil Orodispersible Films (20 mg).  

Shilpa Medicare Achieves Marketing Authorisation in Europe

This groundbreaking approval makes Shilpa Medicare the first company globally to offer this convenient, mouth-dissolving formulation, which is bioequivalent to the reference drug. Approved through a hybrid application process, Tadalafil Orodispersible Films are designed to treat erectile dysfunction in adult males, enhancing patient convenience and usability. With this achievement, Shilpa Medicare taps into the $400 million European market for oral Tadalafil products, marking a significant milestone in pharmaceutical innovation.

Manufacturing Excellence at Bengaluru Facility

The approval for Tadalafil Orodispersible Films originates from Shilpa Medicare’s state-of-the-art Unit VI facility, located at Dabaspet, Bengaluru, Karnataka. This manufacturing plant, which specialises in producing oral dissolving films and transdermal patches, is already accredited by the MHRA (UK). The facility plays a crucial role in the production, packaging, labelling, and quality testing of finished dosage forms, cementing its reputation in regulated European and UK markets.

Market Potential and Innovation

The oral Tadalafil formulations market in Europe is valued at approximately USD 400 million, presenting significant growth opportunities for Shilpa Medicare. With this latest approval, the company sets a new benchmark in pharmaceutical innovation, delivering a user-centric formulation for erectile dysfunction. This marks the second prescription oral dissolving film product approval for Shilpa Medicare’s Unit VI, reflecting the company’s commitment to quality and advanced drug delivery systems.

About Shilpa Medicare Limited 

Shilpa Medicare Limited (SML), founded in 1987 by Vishnukant Bhutada, is an Indian pharmaceutical company specializing in the development, manufacturing, and sale of oncology and non-oncology APIs, formulations, and biosimilars. With five manufacturing facilities, SML supplies to regulated markets across the U.S., Europe, and emerging economies while also offering contract research and manufacturing services.

Shilpa Medicare Share Performance 

As of January 13, 2025, at 9:20 AM, Shilpa Medicare Limited’s shares are trading at ₹767.75, reflecting a 1.21% drop from the previous day’s closing price. Over the past month, the stock has declined by 6.43%, while over the last year, it has decreased by 7.28%. The stock’s 52-week high stands at ₹959 per share, while its 52-week low is ₹316 per share.

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions. 

Investments in the securities market are subject to market risks, read all the related documents carefully before investing.

India Achieved Record Renewable Energy Capacity Addition in 2024

India’s renewable energy sector achieved a historic milestone in 2024 with a record capacity addition of approximately 30 GW. This represents a 113% increase from the 13.75 GW added in 2023, as per data from the Ministry of New & Renewable Energy. The achievement highlights the nation’s accelerating efforts to transition to clean energy and meet its ambitious target of 500 GW of renewable capacity by 2030.

Breaking Records in Renewable Energy Growth

India’s renewable energy journey has seen unprecedented growth, particularly in 2024, when it logged the highest-ever capacity addition of 30 GW. This sharp rise from the 13.75 GW recorded in 2023 underscores the government’s commitment to sustainable development.

Minister of New & Renewable Energy, Pralhad Joshi, hailed this exponential growth as a testament to India’s progress in building a greener future. “The achievement of nearly 218 GW renewable capacity now is a clear indication of India’s dedication to clean energy,” he said in a social media post.

According to ministry data, the country’s renewable energy capacity stood at 35.84 GW in March 2014. Since 2014, annual additions have surged, peaking at 18.48 GW in FY 2023-24 before this year’s record-breaking performance.

Path to 500 GW by 2030

India has set its sights on achieving a renewable energy capacity of 500 GW by 2030. To meet this ambitious goal, the government plans to add 50 GW of capacity annually in the coming years. This accelerated growth aligns with India’s broader climate commitments and it aims to become a global leader in clean energy.

With renewable energy emerging as a cornerstone of India’s energy strategy, the country is poised to reduce its carbon footprint while fostering sustainable economic growth significantly.

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions. 

Open Interest (OI) Profile Plotting On Charts: Made Right Just For You

The Futures and Options (F&O) trading area is undoubtedly changing fast. Here, as in all situations, it is essential to know other factors like the market trends which are quite critical. Such trends can best be appreciated through Open Interest (OI). In this case, OI refers to the number of active contracts still outstanding on an asset. Thereafter in this post, a description of how OI Profile Plotting them on Charts helps in enhancing the trading activity of users on the Angel web app by providing them with live data that will help their trades is presented.

What is Open Interest (OI)?

Open interest is essentially the total number of outstanding contracts for a given asset in the market at any particular point in time. In combination with liquidity, it is a very useful tool to help identify the direction of the market. The following note describes some important issues related to OI:

  • Correct Prediction: OI is able to predict market movements better when the assets being evaluated are experiencing a high level of liquidity.
  • Nifty OI Focus: It is no doubt that Nifty weekly OI has been a useful metric for traders.

Why OI Matters for Traders?

When it comes to reading market signals, OI is a must-watch. Here’s why:

  • Spotting Trends: An increase in OI along with price movement might indicate the continuation of a trend, while divergence could signal a potential reversal.
  • Finding Opportunities: OI helps traders identify areas of high interest and volume, which are crucial for spotting trading opportunities.
  • Improving Strategies: By observing OI trends, traders can adjust their strategies in real-time, making more informed decisions.

How OI Profile Works on Angel Web App?

The OI Profile feature is designed to make Open Interest data easy to interpret for traders. Here’s how it enhances the user experience:

  • Plotting OI on Charts: Horizontal lines indicate the OI values and are provided on F&O charts against the strike prices, showing key support and resistance levels. (Note: OI Profile is only plotted on Futures and underlying charts for both Indices and cash stocks.)
  • Green for Put, Red for Call: The put OI makes it simple to see, the call OI is red whereas the put OI is green.
  • Hover for Details: By hovering over any strike one can see the OI data including the amount of Call and Put OI for the given price.

Additionally:

  • The OI Profile is located on the indicator list.
  • All OI profiles can be applied by users directly from the indicator list.
  • All segments are currently experimenting with OI profiles placed only on underlying charts. This is something that we are in the process of developing and extending the functionality. We will bring this to you soon.

OI Profile as a Must-Have Trading Tool

The Ignition OI Profile Plotting on Charts feature is a leap into the future of F&O trading for users of Angel One. It helps to trade more efficiently as it guides traders in a more comprehensive and straightforward way. Angel One seems well-placed to lead the market as one of the few sites that allow this specific feature to be used in such an optimal manner.

As usual, more details about this amazing feature will be communicated to you soon as we are ready to do clever trading with OI Profile.

Custom Timestamp: Unveil the True Precision

Of course, this feature has been highly valued by traders working with precise OI for decision-making. Combining historical analysis with real-time tracking, the Custom Timestamp feature transforms the way a trader approaches market analysis, giving the kind of edge that’s enough to be ahead in line. Get smarter at the trading experience with tools that are simplified and improved for you.

The Custom Timestamp feature empowers traders with unprecedented precision in analyzing Open Interest (OI) data, making the markets more comprehensively insightful and actionable.

  • Set Specific Timeframes: Traders can define definite start points and end points to analyze the data from the chosen time, providing an expanded outlook of market trends. This will help to identify patterns, spot anomalies, and align strategies with market movement.
  • Historical vs. Real-Time Comparison: With this feature, it’s easy to overlay past OI data with real-time figures. It’s easy to see how market sentiment and liquidity have shifted over time, allowing for robust analysis of trend sustainability or reversals.
  • Refine Trading Strategies: With the help of historical insights combined with live market conditions, traders can fine-tune their strategies. From identifying support and resistance levels to gauging market sentiment, the feature provides actionable data for decision-making.
  • Streamlined Workflow: The fluidity of switching between different timestamps ensures that traders do not lose context or momentum. The workflow remains intact, providing insights directly on the chart without requiring multiple tools or navigation.

Conclusion 

The Custom Timestamp feature improves market analysis in terms of precision, flexibility, and usability. Paired with OI profiling, traders gain even deeper insights into market behavior by analyzing Open Interest distributions across specific timeframes and price levels. This comprehensive view allows for better identification of accumulation or distribution zones, uncovering key market dynamics. 

Whether tracking historical trends or comparing against real-time insights, this tool keeps you ahead in dynamic market conditions. Dive deeper, trade smarter, and gain the edge with Custom Timestamp and OI profiling.

 

Disclaimer: Investments in securities market are subject to market risks, read all the related documents carefully before investing. Read More

The securities are quoted as an example and not as a recommendation 

 

This blog is for educational purposes only

India-Mongolia Mining Pact: A New Era of Cooperation

India is poised to sign a preliminary agreement with Mongolia, paving the way for cooperation in geology and exploration, as per news reports. This development is expected to bolster India’s access to copper and coking coal, which are crucial for its growing energy, construction, and steel sectors.

A Strategic Partnership

The proposed agreement has been approved by India’s cabinet, with both countries expected to sign the memorandum of understanding (MoU) soon, according to reports. Mongolia’s rich deposits of copper and coking coal make it an attractive partner for India, which relies heavily on imports to meet its rising demand. Companies like Adani, Hindalco, and Vedanta have already expressed interest in sourcing copper from Mongolia, as per news reports. This collaboration is expected to foster a mutually beneficial partnership, driving economic growth and development in both nations.

Logistical Arrangements

Indian and Mongolian officials are working to establish supply routes for the transportation of copper and coking coal. Despite the longer distance, India is inclined towards the route from Vladivostok in Russia, with strategic considerations playing a key role. According to reports, although the route through China is more convenient, India prioritises the Russian route, reflecting the significance of diplomatic ties in influencing trade decisions. This logistical arrangement is expected to play a crucial role in ensuring the smooth transportation of minerals and bolstering the countries’ economic cooperation.

Conclusion

In conclusion, the impending India-Mongolia mining pact marks a significant step forward in the countries’ economic cooperation, as per news reports. As India seeks to diversify its energy sources and reduce dependence on imports, this agreement is expected to play a crucial role in shaping the country’s mineral security. The pact is anticipated to foster a strong and sustainable partnership between India and Mongolia, driving economic growth and development in both nations.

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions. 

Mutual Fund AUM Surge: Top Fund Houses of CY 2024

The mutual fund industry in India has witnessed remarkable growth in 2024, with data from the Association of Mutual Funds in India (AMFI) showcasing significant expansion across multiple fund houses. In this analysis, we explore the asset under management (AUM) growth trends, highlighting the leading players and their performance over the past year.

Top Performers in AUM Growth

  • SBI Mutual Fund: Leading the Pack

SBI Mutual Fund has emerged as the leader in absolute AUM growth. Its AUM increased by ₹2.63 lakh crore, climbing from ₹8.51 lakh crore in December 2023 to ₹11.14 lakh crore in December 2024. 

  • ICICI Prudential Mutual Fund: Close Second

ICICI Prudential MF holds the second position, with its AUM growing by ₹2.59 lakh crore. The fund house’s AUM rose from ₹6.15 lakh crore in December 2023 to ₹8.74 lakh crore in December 2024. 

  • HDFC Mutual Fund: Completing the Top Three

HDFC MF ranks third, recording an AUM growth of ₹2.36 lakh crore. Its AUM expanded from ₹5.52 lakh crore in December 2023 to ₹7.87 lakh crore in December 2024. 

Other Significant Players

Nippon India and Kotak Mutual Funds

Nippon India MF and Kotak MF secured the 4 and 5 spots, respectively, in absolute AUM growth.

  • Nippon India MF saw an increase of ₹1.92 lakh crore, reaching ₹5.70 lakh crore in December 2024.
  • Kotak MF reported a rise of ₹1.38 lakh crore, with its AUM growing from ₹3.51 lakh crore to ₹4.89 lakh crore during the same period.

Fund Houses with Over ₹1 Lakh Crore Growth

Several other fund houses reported an increase in AUM exceeding ₹1 lakh crore, including UTI MF, Aditya Birla Sun Life MF, Axis MF, DSP MF, and Tata MF. These fund houses continue to consolidate their positions in the industry through diversified investment strategies.

Percentage Growth Leaders

  • Helios Mutual Fund: Impressive Growth

Helios MF recorded a remarkable 649% growth, with its AUM rising from ₹392 crore to ₹2,936 crore over the year. The fund house’s innovative approach has been instrumental in this success.

  • Other Fast-Growing Fund Houses

Bajaj Finserv MF, JM Financial MF, and Shriram MF also demonstrated robust growth of over 150% in their AUM during 2024, showcasing strong market penetration.

Industry-Wide AUM Growth

The overall mutual fund industry recorded an impressive AUM growth of ₹19.39 lakh crore in 2024, rising from ₹49.23 lakh crore in December 2023 to ₹68.62 lakh crore in December 2024. This 40% increase reflects the expanding investor base and growing preference for mutual funds as an investment avenue.

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Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions. 

Mutual Fund investments are subject to market risks, read all scheme-related documents carefully.