April saw a remarkable investor rush into Indian equity mutual funds, with six schemes each collecting more than Rs 7,000 crore in net inflows. The standout was Parag Parikh Flexi Cap Fund, which garnered Rs 11,983 crore and lifted assets under management to Rs 1.40 lakh crore. Nippon India Small Cap Fund followed with Rs 10,864 crore inflows. HDFC and Kotak also saw large capital additions, while SBI Equity Hybrid Fund climbed with Rs 7,061 crore.
Parag Parikh Flexi Cap Fund’s AUM climbed to Rs 1.40 lakh crore in April as the manager increased exposure to multiple large caps. The portfolio reduced stakes in Coal India and Power Grid, and fully exited Balkrishna Industries. Despite the reshuffle, the fund kept a sizable cash allocation, reflecting its long-term, investment-first approach.
Your news, in seconds
Get the Beige app — every story in 60 words, updated hourly. Free on iOS & Android.
Abakkus Mutual Fund, led by Sunil Singhania, has crossed Rs 5,000 crore in assets under management and surpassed one lakh unique investors. Launched in December 2025, the fund house credits its fast growth to investor confidence, a disciplined research-led investment process, and an emphasis on trust and transparency—turning momentum into a major AUM milestone quickly.
Kissht heads to an ₹850 Cr IPO with anchor investors committing ₹277.78 Cr, even as its FY25 revenue and profit dipped under RBI tightening for unsecured loans. Management says it stayed disciplined—slowing loan-book growth, focusing on borrower quality, and using its NBFC balance sheet. AUM grew to ₹5,956 Cr by Dec 2025, supported by tech, diversified sourcing, and expansion into LAP and health insurance.
Capri Global Capital is aiming to reach ₹55,000 crore in assets under management by FY28, betting on gold loans and co-lending to drive growth. The non-banking lender says the approach will expand its fee income while keeping profitability intact. Over the next three years, it plans a major rollout of gold loan branches to scale its strategy.
Bajaj Finance posted a strong Q4FY26 consolidated net profit of ₹5,464.6 crore, up 22% year-on-year, supported by a 20% rise in net interest income and 22% growth in assets under management. The lender also announced that Rajiv Bajaj will step down from the company’s board after the annual general meeting on July 30.
Never miss a story
Set alerts for the topics and sources you care about. Download Beige for free.
Passive mutual funds may be collecting more assets, but the real challenge is investor expectations. Passive investing tracks benchmarks, meaning you forgo the opportunity to earn alpha through outperformance, even after costs. Active managers can still generate alpha despite expenses, while passive funds mainly protect investors from falling behind—reducing the appeal for those seeking upside.
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.
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.
Reading on mobile?
Open Beige in the app for a smoother experience — free on iOS and Android.
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.
Swipe through stories, personalise your feed, and save articles for later — all on the app.