Stay updated with breaking news from Aum shanthi. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
The emirate on Monday unveiled the company called MGX, led by sovereign wealth fund Mubadala Investment Co. and AI firm G42 as foundational partners. Ahmed Yahia Al Idrissi, whos chief executive officer of Mubadalas direct investments platform, will serve as the new entitys CEO, according to a statement. ....
Inflows into systematic investment plans (SIPs) of mutual funds spiked to ₹18,838 crore in Jan 2024, reflecting a jump of 36% in just one year. Consequently, total SIP assets under management have touched the highest-ever figure of ₹10.26 lakh crore. ....
Its borrower profile includes self-employed non-professionals (51%) and salaried individuals (49% of total loan, it caters to the small ticket-size segment (average ticket size of Rs 12 lakh). ....
The assets under management (AUM) of small-cap schemes in January 2024 touched a record ₹2.48 lakh crore. It was almost at 83% of the AUM of the large-cap scheme category of ₹2.99 lakh crore in January, as against 44% in August 2021, according to data from Samco Mutual Fund. ....