Motilal Oswal AMC – India's fastest growing AMC - crosses Rs.10,000 Cr Equity AuM mark
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India's first 100% pure equity focused boutique to do so
Mumbai, 6th June, 2016: Motilal Oswal Asset Management Company Ltd. (MOAMC), one of India's fastest growing AMC has crossed Rs.10,000 Cr in Equity AuM (MF+PMS). As of May 31, 2016, Equity AuM stood at Rs. 11,159 Cr. AuM have been riding on our investment philosophy : Buy Right : Sit Tight where Buy Right means buying quality companies at a reasonable price and Sit Tight means staying patiently invested in a concentrated portfolio to realize the full growth potential of underlying companies. Disciplined execution of this philosophy and resultant performance of our schemes has helped us become one of the fastest growing Asset Management companies in India, crossing over Rs.10,000 Cr equity AUM including PMS and MFs as of May 2016 FY16. MOAMC also saw a turnout of net profit of Rs 26 Cr in FY 2015-2016 up from Rs 5 Cr last year. This growth in AuM is remarkable for a purely equity focused house. The accomplishment is distinct as both PMS & MF are over 5000 Cr each with excellent performance backed by focused and niche product range.
Overall, Motilal Oswal PMS contributed to Rs. 5,709 Cr (As on May 31, 2016), followed by its MF equity AuM, which stood at Rs. 5,450 Cr (As on May 31, 2016). MOAMC has achieved this unique AuM built up with 2 lac MF folios of which nearly 50% are through SIPs. MOAMC's core offering in equity space is its unique product construct with no load funds and no upfront commissions.
MOAMC team is steered by knowledge driven experts with 100 employees of which 20 in investments and 30 in sales; which make it a investment management house focused on wholesaling through marquee distribution platforms and strong relationships backed by performance.
On this occasion Mr. Aashish P Somaiyaa, MD&CEO, MOAMC said, "We would like to thank our esteemed investors and distribution partners for giving us the opportunity to demonstrate our expertise. Businesses are built on differentiation and MOAMC has differentiated itself in the market place by staying away from the clutter of me-too business techniques and product plans in the AMC landscape. We are in the business to create wealth through equities for our investors and we will continue to remain focused on the same with minimal distractions."
Our Key Equity People:
•Mr. Manish Sonthalia, Sr. Vice President & Head – Equity Portfolio Management Services
•Mr. Taher Badshah, Sr. Vice President & Head – Equity Mutual Funds
•Mr. Siddharth Bothra – Sr. Vice President & Co-Fund Manager
•Mr. Gautam Sinha Roy, Vice President & Fund Manager
•Mr. Varun Goel, Fund Manager- Portfolio Management Services
•Mr. Kunal Jadhwani, Fund Manager- Portfolio Management Services
•Mr. Akhil Chaturvedi , Sr. Vice President & Head – Sales and Distribution
About Motilal Oswal Asset Management Company
Motilal Oswal Asset Management Company is registered with SEBI as the Investment Manager for Motilal Oswal Mutual Fund. It was incorporated on November 14, 2008. MOAMC is a 100% subsidiary of Motilal Oswal Securities Limited. It provides Investment Management and Advisory Services to investors based within and outside India and having Portfolio Management Services business, ETFs and Mutual Funds.
Past performance may or may not be sustained in future.
Mutual Fund Investments are subject to market risks, read all scheme related documents carefully
For more information please contact:
Medha Dhagat/ Mansi Rupapara
Corporate Communications, MOAMC
Ph - +91-22-39804268/
Anirudh Rajan / Alpesh Nakrani
Paradigm Shift Public Relations
Ph- +91-22 22813797 / 98
For more information please visit this site: http://www.motilaloswalmf.com/
10th Floor, Motilal Oswal Tower,
Rahimtullah Sayani Road,