JioBlackRock Mutual Fund, newly launched, reported Rs 15,258 crore AUM in March. HDFC Bank and ICICI Bank lead its holdings, while the portfolio also includes Bharti Airtel, Reliance Industries, Infosys, and ITC. Prime Database data shows how quickly the fund has built a diversified mix spanning banking, telecom, energy, IT, and consumer stocks.
InCred Alternatives has closed its inaugural special situations credit fund at Rs 1,500 crore, drawing a diverse investor base. The close lifts its private credit assets under management to over Rs 4,000 crore, with the fund already 75% deployed. It plans to back established companies in sectors such as auto and power, aiming to ride India’s expanding private credit market.
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ICRA Analytics says midcap and smallcap mutual funds have delivered strong 5-year AUM growth, with CAGRs of 32.41% and 39.93%. Yet the outlook is clouded by rising geopolitical tensions and possible foreign fund outflows that can pressure near-term performance. Investors may need a more cautious approach as volatility persists.
Per Annum’s fractional real estate platform, Estates, has crossed ₹500 crore in Assets Under Management within its first year. The milestone comes as the company completes a decade of operations. Estates builds a residential portfolio across key Indian markets including Gurgaon, Noida, Mumbai, and Bengaluru, signaling strong demand for fractional property investing.
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