Motilal Oswal Asset Management Company (MOAMC) crosses Rs. 1 Lakh CR AUM
Mumbai 28 August 2024: Motilal Oswal Asset Management Company (MOAMC) has today announced that its assets under management (AUM) has surpassed *RS. 1 lakh crore as on August 26, 2024.
**Over the past 10 years from April 2014 to August 2024, MOAMC's AUM has expanded 50x along with a major expansion of its customer base, which now stands at ~32 lakh from 200+ locations across India. The AMC now has ~46 lakh active folios across all products. In MOAMC AUM, the active and passive MF contribute RS. 71.8K Cr. (71.7%), followed by its PMS AUM at RS. 14.5K Cr. (14.5%) and AIF at RS. 13.7K Cr. (13.7%). Its Active MF AUM stands at RS. 47.1K Cr and Passive MF AUM is at RS. 27.8K Cr. The company has a ~7% share of all the Cat III AIF commitments and ~6.5% share of all discretionary PMS customers in the industry.
Mr. Prateek Agrawal, MD and CEO of Motilal Oswal Asset Management Company said, "The milestone of reaching 1 lakh crore in AUM demonstrates our high-conviction portfolio strategy, robust risk management practices, and the confidence our investors have in our processes. Our AMC's AUM grew from Rs 50,000 crore to 1 lakh cr in the span of 17 months – Apr'23 to Aug'24. This significant growth is a responsibility entrusted upon us by our investors. With this achievement, we remain focused on sustainable growth so that our clients benefit from the better opportunities in the market. Our focus will be on product innovation across all categories to deliver better product offerings."
Mr Akhil Chaturvedi, Executive Director & Chief Business Officer, Motilal Oswal AMC said, "Reaching the 1 lakh crore milestone in AUM is a significant achievement that reflects the strength of our diversified investment strategies. Whether it's our actively managed funds, which continue to outperform, our passive offerings that provide efficient market exposure, or the robust performance of our AIFs and PMS portfolios, this success is driven by a relentless focus on research and a deep understanding of market dynamics. We owe this accomplishment to the trust of our clients, the dedication of our team, and the unwavering support of our distribution partners, and we look forward to building on this momentum to create even greater value for all our stakeholders."
MOAMC follows a #High-Quality High-Growth investment strategy offering investors a distinct and methodical way to build wealth. It has witnessed remarkable growth as a result of consistent fund performance supported by research and innovation. The development of new products across many categories has played an important role in maximizing AUM growth. The business has been a pioneer in creating an array of first-to-market products, such as the Nifty India Defence Index Fund and Nifty 500 ETF, among others. MOAMC's strategic partnerships with MFDs, national distributors, banks, wealth managers, and online platforms have significantly broadened its distribution reach while also strengthening its market share. The company's innovative marketing approach, as well as its strong online and offline presence have all contributed to its success, and its robust governance structure and risk management measures are in place to help maintain steady growth.
The MOAMC team which steered MOAMC across RS. 1 Lakh Crore AUM mark comprises of Mr. Akhil Chaturvedi, ED, MOAMC, Mr. Niket Shah, CIO, MOMF, Mr. Pratik Oswal, Chief of Business Passive Funds, MOAMC, Mr. Vaibhav Agrawal-AIF Fund Manager, , Mr. Abhishek Anand, AIF & PMS -Fund Manager, Mr. Rakesh Tarway, AIF & PMS,- Fund Manager, Mr. Bijon Pani, AIF & PMS- Fund Manager, Mr. Devanshu Tayal, AIF & PMS, Fund Manager, Mr. Santosh Singh, Fund Manager, MOMF, Mr. Ajay Khandelwal, Fund Manager, MOMF, Mr. Atul Mehra, Fund Manager, MOMF, Mr. Rakesh Shetty, Fund Manager, MOMF ,Mr. Swapnil Mayekar, Fund Manager, MOMF, Mr. Rouhak Shah, Fund Manager, MOMF Mr. Sunil Sawant, Fund Manager, MOMF ensures the highly differentiated message of Motilal Oswal AMC which puts process before performance is carried amongst distribution partners and investors.
About Motilal Oswal Asset Management Company:
Motilal Oswal Group possesses a legacy in equities for over 3 decades. Motilal Oswal Asset Management Company Ltd. (MOAMC) is registered with SEBI as the Investment Manager for Motilal Oswal Mutual Fund. It was incorporated on November 14, 2008. It provides Investment Management and Advisory Services to investors based within and outside India and has Mutual Funds, AIFs and Portfolio Management Services business
* The total of AUM comprises Mutual Fund, AIF & PMS.
**Source: MOAMC Research
Disclaimer: This release has been issued on the basis of internal data, publicly available information and other sources believed to be reliable. The information contained in this document is for general purposes only and not a complete disclosure of every material fact. The Stocks (if any) mentioned herein is for explaining the concept and shall not be construed as an investment advice to any party. The information / data herein alone is not sufficient and shouldn't be used for the development or implementation of an investment strategy. It should not be construed as investment advice to any party. All opinions, figures, estimates and data included in this article are as on date. The article does not warrant the completeness or accuracy of the information and disclaims all liabilities, losses and damages arising out of the use of this information. The statements contained herein may include statements of future expectations and other forward-looking statements that are based on our current views and assumptions and involve known and unknown risks and uncertainties that could cause actual results, performance or events to differ materially from those expressed or implied in such statements. Readers shall be fully responsible/liable for any decision taken on the basis of this article. Mutual Fund investments are subject to market risks, read all scheme related documents carefully.
# The usage of the terms Hi-Quality and Hi-Growth Portfolios purely depicts Motilal Oswal AMC's internal fund management strategy/ process which is based on qualitative and quantitative research parameters.
Mutual Fund AUM disclaimer:
Assets Under Management as on 30th June 2024 (in lakhs) includes: Liquid Fund: 64496.07 | Gilt: 0 | Debt: 21518.73 | Equity: 3850395.29 | Hybrid Schemes: 132849.29 | Solution Oriented Schemes: 0 | Index Funds: 1144630.21 | Gold ETF: 0 | Other ETF: 901160.17 | FOF Overseas: 3322.86 Geographical Spread (%): Top 5 Cities: 59.03 | Next 10 Cities: 12.85 | Next 20 Cities: 5.69 | Next 75 Cities: 6.34 | Others: 16.10.
Mutual Fund investments are subject to market risks, read all scheme related documents carefully.
Investments in the securities market are subject to market risks, read all relevant documents carefully.
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