Update (in INR) on Edelweiss Asset Mangement Limited, wholly owned subsidiary of the Company
Awaiting price reaction for this filing.
Edelweiss Financial Services shared a detailed business update on its wholly owned subsidiary Edelweiss Asset Management Limited (EAML), which runs Edelweiss Mutual Fund. EAML's total Assets under Management (AuM) grew to INR 1,41,800 crore in FY25, up from INR 22,900 crore in FY20, registering a 5-year CAGR of 44% compared to the industry's 24%. Equity AuM surged to INR 62,500 crore (57% CAGR vs industry 40%), while the SIP book expanded over 11x to INR 395 crore (62% CAGR vs industry 25%). Retail folios grew to 25.5 lakh, and the company improved its industry ranking from 36th to 13th. Mutual fund revenue rose to INR 53 crore with profit after tax reaching INR 218 crore. The company highlighted its industry-first innovations, including India's first Corporate Bond ETF (Bharat Bond) launched with the Government of India, and outlined growth strategies around new fund categories like Specialized Investment Funds (SIF) and GIFT City opportunities.
This is a positive update showcasing strong, above-industry growth across AUM, equity, SIPs, and profitability at the subsidiary level. For Edelweiss Financial Services shareholders, it signals improving fundamentals in a key subsidiary, though EAML's contribution to overall consolidated financials would need separate evaluation.