shaily shah

Monthly recon of MF brokerage is a pain Is there any good software available for this task? Every few weeks, I feel 'khud hi bana leta hu' Does anyone want to build this with me? Need a good product manager and one full stack engineer Team @tarrakki_ is out of bandwidth.

Passive funds making inroads, clock 44% CAGR between March 2019 and March 2024. We have 9Lakh Cr AUM in passive funds. This is not a small number.

Folks investing via regular plans tend to hold longer. It's about time we stopped badmouthing MFDs and acknowledged their role in helping investors understand: "Go long, go strong!"

@NJWealth @Prudent_Corp @AssetPlusApp Share of AUM with holding period over 5 years grew 2.4x between March 2019 & March 2024. More and more people are holding their investments longer. Guess the retail are getting patient.

@NJWealth @Prudent_Corp @AssetPlusApp This one is interesting💡: Between March 2019 and March 2024, SIP AUM witnessed a notable growth, surging from D 2.66 lakh crore to C 10.62 lakh crore, a 300% increase in absolute terms. In the same period, the overall mutual fund industry AUM grew 124%.

@NJWealth @Prudent_Corp @AssetPlusApp T30 cities, though dominant with 80-85% of the total AUM, saw their share declined from 84.7% in Mar'19 to 81.0% in Mar'24. Btwn Mar'19 & Mar'24, the AUM for B30 cities grew 178.5%, from Rs3.64 lakh crore to Rs10.15 lakh crore

As of Mar24, AUMs under direct plans represented 41.2% of aggregate industry AUM, up from 37.4% share as of Mar'19. Some folks in Mar'19 predicted regular plans wont exist in 5 years 😂 Thanks to @NJWealth @Prudent_Corp @AssetPlusApp and many more, regular plans are holding up

Retail investors in the total AUM mix had increased over the past five years from 19.8% in March 2019 to 27.9% in March'24. NRIs have decined in share. My view is no digital KYC process the reason behind the poor growth.

Households’ savings in physical assets and financial assets stood at 71.5% and 28.5%, as of March23. Bank deposits and currency have seen a decline, while the share of other investment products such as life insurance funds, MF , PPF have seen an increase over the same period.

Growth in mutual fund AUM surpassed bank deposits in the last five years

The industry’s assets under management (AUM) have grown from Rs 5.89 lakh crore in May 2008 to Rs 53.40 lakh crore in March 2024, a ninefold rise in less than two decades.

Despite the huge growth of the industry, the total number of Mutual Fund investors is still only just over 5 crores in a nation with a population of over 140 crores

Finally took some time to read the AMFI - Crisil Factbook 2024 Summary below: 👇 @amfiindia @CrisilLimited

Kickboxing morning…..

swing by booth #SP10 at Fintech festival India to chat about how we are building embedded infrastructure for investing and why you should choose Tarrakki to build your investment product. #GFF23 #GFF2023 #fintech #wealthtech #embeddedinfrastructure

Morning boost: a refreshing cup of detox juice and peeled almonds ✔️ work grind ✔️ unwinding with some therapeutic wardrobe cleansing #detoxday

Launching soon- FD APIs in form of whitelabel and API integration solution @tarrakki_

#wealthtech #fintech #embeddedfinance

We at Tarrakki are seeing companies/Fintechs leverage our API infra to launch investment products. Businesses no longer have to integrate with different vendors in the ecosystem to launch investment products. Reach out: tarrakki.com/contact-us

Working on something that has a purpose to its existence @tarrakki_