Motilal Oswal Asset Management Company has recently announced that its assets under management have surpassed INR 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 INR 71.8K Cr. (71.7%), followed by its PMS AUM at INR 14.5K Cr. (14.5%) and AIF at INR 13.7K Cr. (13.7%). Its Active MF AUM stands at INR 47.1K Cr and Passive MF AUM is at INR 27.8K Cr. The company has a ~7% share of all the Cat III AIF commitments and a ~6.5% share of all discretionary PMS customers in the industry.
Motilal Oswal Asset Management Company, MD and CEO Prateek Agrawal 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 to us by our investors. With this achievement, we remain focused on sustainable growth so that our clients benefit from better opportunities in the market. Our focus will be on product innovation across all categories to deliver better product offerings.”
Motilal Oswal AMC, Executive Director & Chief Business Officer Akhil Chaturvedi 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.”
The MOAMC team which steered MOAMC across INR 1 Lakh Crore AUM mark comprises of Akhil Chaturvedi, ED, MOAMC, Niket Shah, CIO, MOMF, Pratik Oswal, Chief of Business Passive Funds, MOAMC, Vaibhav Agrawal-AIF Fund Manager, Abhishek Anand, AIF & PMS -Fund Manager, Rakesh Tarway, AIF & PMS, Fund Manager, Bijon Pani, AIF & PMS- Fund Manager, Devanshu Tayal, AIF & PMS, Fund Manager, Santosh Singh, Fund Manager, MOMF, Ajay Khandelwal, Fund Manager, MOMF, Atul Mehra, Fund Manager, MOMF.
Rakesh Shetty, Fund Manager, MOMF, Swapnil Mayekar, Fund Manager, MOMF, Rouhak Shah, Fund Manager, MOMF Sunil Sawant, Fund Manager, MOMF ensuring the highly differentiated message of Motilal Oswal AMC which puts process before performance is carried amongst distribution partners and investors.