Sunday, September 06
India’s alternatives investment ecosystem has entered a new phase of scale, with Portfolio Management Services (PMS) and Alternative Investment Funds (AIFs) together crossing Rs 23.43 lakh crore in assets as of September 2025. New data compiled by PMS Bazaar shows the sector has expanded at a remarkable 31.24% CAGR over the past decade, driven by rising institutional participation and a distinct shift among affluent investors toward high-conviction, strategy-led portfolios.According to the report, the PMS segment has undergone a sevenfold expansion over the last ten years. PMS Assets Under Management, including discretionary and non-discretionary mandates but excluding co-investments and advisory assets, have climbed from Rs 1.27 lakh crore in September 2015 to Rs 8.37 lakh crore in Sept
Motilal Oswal Asset Management Company is taking a decisive overweight stance on large private banks, betting on improving net interest margins, lower credit costs, and robust credit growth. Executive Director and CBO Akhil Chaturvedi believes the sector, after years of underperformance, is primed to outperform as balance sheets strengthen and earnings momentum picks up.Edited excerpts from a chat:Given the valuation environment in largecaps today, how are you striking the balance between quality names and growth opportunities in your largecap fund? How attractive are the valuations in largecaps now following a year of consolidation?Largely, we do not allocate basis market caps but more top down growth themes and underlying growth led bottom up stock picking. But, to our partners and inves
