Motilal Oswal AMC’s assets under management exceed Rs 100 billion, up 50-fold in 10 years

Motilal Oswal Asset Management Company announced that its assets under management (AUM) have crossed Rs 1 lakh crore as of August 26, 2024.

In the last 10 years, from April 2014 to August 2024, AMC’s AUM has expanded 50-fold along with a significant expansion of its customer base, which now stands at 32 lakh across 200+ locations across India, according to a press release from the fund house.

The AMC now has 46 lakh active portfolios across all products. In terms of assets under management, assets and liabilities mutual funds The company contributes Rs 71.8 billion (71.7%), followed by its PMS AUM at Rs 14.5 billion (14.5%) and AIF at Rs 13.7 billion (13.7%). Active mutual fund AUM stands at Rs 47.1 billion and passive mutual fund AUM at Rs 27.8 billion. The company has a 7% share of all category III AIF commitments and a 6.5% share of all PMS discretionary clients in the industry.

“The milestone of reaching Rs 1 lakh crore in AUM demonstrates our high-conviction portfolio strategy, robust risk management practices and the trust our investors have in our processes. Our AMC’s AUM grew from Rs 50,000 crore to Rs 1 lakh cr in the span of 17 months from April 2023 to August 2024. This significant growth is a responsibility entrusted to us by our investors. With this achievement, we remain focused on sustainable growth so that our customers benefit from the best opportunities in the market. We will focus on product innovation across categories to deliver better product offerings,” he said. Prateek AgrawalManaging Director & CEO, Motilal Oswal Asset Management Company.

“Reaching the milestone of Rs 1 trillion in assets under management is a significant achievement that reflects the strength of our diversified investment strategies. Be it our actively managed funds, which continue to outperform, our passive offerings that provide efficient market exposure or the strong performance of our active mutual fund and asset management portfolios, this success is driven by a relentless focus on research and a deep understanding of market dynamics. We owe this achievement 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,” said Akhil Chaturvedi, CEO and Chief Business Officer, Motilal Oswal AMC.

Motilal Oswal AMC follows a high-growth, high-quality investment strategy that offers investors a distinct and methodical way to generate wealth. It has witnessed remarkable growth as a result of consistent fund performance backed by research and innovation. Development of new products across many categories has played a major role in maximizing the growth of assets under management. The company has been a pioneer in creating a variety of market-first products such as the Nifty India Defence Index Fund and the Nifty 500 ETF, among others. MOAMC’s strategic partnerships with MFDs, national distributors, banks, wealth managers and online platforms have significantly expanded its distribution reach while strengthening its market share. The company’s innovative marketing approach as well as its strong online and offline presence have contributed to its success, and its robust governance structure and risk management measures are in place to help sustain consistent growth, the press release said.

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