Passive funds logged a strong 67% monthly rise in inflows to Rs 19,056 crore in September, driven by record investments in gold ETFs. Total AUM grew 3.9% to Rs 12.99 lakh crore, marking the 59th consecutive month of net inflows.
AU Small Finance Bank Q2 profit jumps 53% to Rs 858 crore
AU’s gross non-performing assets ratio fell 42 basis points (bps) to 1.99% at the end of September. This helped in 25% lower provision at Rs