Motilal Oswal AMC's AUM crosses Rs 1 lakh crore, up 50x in 10 years
Over the past 10 years from April 2014 to August 2024, the AMC’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, according to a press release by the fund house.
The AMC now has 46 lakh active folios across all products. In the AUM, active and passive mutual funds contribute Rs 71.8K crore (71.7%), followed by its PMS AUM at Rs 14.5K crore (14.5%) and AIF at Rs 13.7K crore (13.7%). The active mutual fund AUM stands at Rs 47.1K crore and passive mutual fund AUM is at Rs 27.8K crore. The company has a 7% share of all the category III AIF commitments and 6.5% share of all discretionary PMS customers in the industry.
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«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,” said Prateek Agrawal, MD and CEO of Motilal Oswal Asset Management Company.
“Reaching the 1 lakh crore milestone in AUM
