“We have a culture of reading in this office. He had built a portfolio of $100 million over the last 20 years and it was a difficult decision to shut this down. In addition, the company offers institutional broking services, including cash and derivatives; private equity services; and investment banking advisory and transaction solutions, including private placement of equity, mergers and acquisitions advisory, and equity capital markets transactions. Motilal Oswal Home Finance Sells Pool of Non-Performing Assets (i) Motilal Oswal Home Finance has sold a non-performing loans pool of 540 Cr to Phoenix ARC. In an active ETF, the fund manager tries to enhance returns by actively changing the weightages of the stocks in the portfolio. The 100% personal net worth … MOTILAL OSWAL Announces Quarterly Results (3QFY20); Net Profit Up 375.3% (Quarterly Result Update) Motilal Oswal Asset Management Company Ltd. (MOAMC) is a public limited company incorporated under the Companies Act, 1956 on November 14, 2008, having its Registered Office at 10th Floor, Motilal Oswal Tower, Rahimtullah Sayani Road, Opposite Parel ST Depot, Prabhadevi, Mumbai - … Motilal Oswal Financial Services Limited is a subsidiary of Passionate Investment Management Private Limited. Click here to see Forbes India's comprehensive coverage on the Covid-19 situation and its impact on life, business and the economy​, (This story appears in the 19 August, 2016 issue of Forbes India. ETFs had been around in India since 2001. Motilal Oswal Financial Services Limited was founded in 1987 and is headquartered in Mumbai, India. There is a cabinet packed with books on topics ranging from investment to management; among them, Eric Ries’s The Lean Startup and Clayton Christensen’s The Innovator’s Dilemma. He had focussed more on product development and risk management in his career than investment management. It offers broking and distribution services, such as equities, derivatives, commodities, currency, depository services, portfolio management services, mutual funds, primary equity offerings, and insurance products; and asset management services. He says that the business of Motilal Oswal is based on solid ideas and they have the ability to destroy the ideas that don’t work. Motilal Oswal Financial Services Ltd. is a distributor of Mutual Funds, PMS, Fixed Deposit, Bond, NCDs, Insurance Products, Investment advisor and IPOs.etc. Pages on stages: Successful plays based on books, How India's boAt became the fifth largest wearable brand in the world, How Route Mobile became a darling of investors, Innovation during Covid-19: Tech tonic for health care startups, India Rich List 2020: Sunil Bharti Mittal makes gains, Exclusive: PVR to launch its own microwave popcorn brand 'Popmagic', Nims Purja: What life's like in the death zone, Sumant Sinha: Need for renewable energy in India and challenges that ail the power sector. But the idea of an enhanced, or active, ETF was new. There are a number of Motilal Oswal products to cater to different kinds of clients. Mr Oswal is 57, he's been the Co-Founder, CEO, and MD & Director of Motilal Oswal Services since . Many analysts say it was prudent timing that helped these schemes top the charts and growth may not be sustainable. The Focused Midcap 30 has delivered returns similar to the Multicap 35. Rakesh had led the India operations of State Street Syntel Services, a joint venture between State Street Bank and Syntel, for six years till 2008. These trading products can be chosen depending on the rate of return, the risk appetite of investors, the time horizon of investment, etc. Reach expands to over 1,500 business locations Customer base crosses 7,00,000 Group net worth crosses `1,000 crore We were the outsiders. Stock Market referral program by Motilal Oswal gives you a chance to win a voucher worth INR 1000* per demat account opened by referring a friend. Chairman. Nobody should doubt his ability to manage public funds. Motilal Oswal Group possesses legacy in equities for over 3 decades and one of the pioneers of PMS business with over 15 years of PMS track record. Motilal Oswal Financial said in a stock-exchange filing that MAS Financial Services has allotted shares worth Rs 80 crore to the company and shares valued at Rs 20 crore to Motilal Oswal Securities Ltd.

Motilal Gopilal Oswal is the Co-Founder, CEO, MD & Director at Motilal Oswal Services. ... Our Open Ended Equity Mutual Fund Products: Motilal Oswal Focused 25 – A Large Cap Fund, Motilal Oswal Midcap 30 Fund ... (SIP). As of May 31 this year, the Focused 35 has a corpus of Rs 3,765 crore. “Agrawal has a deep knowledge of the competitive advantages of companies. Agrawal was initially averse to the idea. He recalls his first day in office. Meanwhile, his partner Motilal Oswal was asking Agrawal to collapse the proprietary book and move that money into the mutual fund business. But it was building the mutual fund business that tested the patience of Agrawal and Oswal. Agrawal called him for a meeting and gave him Joan Magretta’s Understanding Michael Porter: The Essential Guide to Competition and Strategy, and told him, “These are my views on how a business should be built.” The book summed up the core idea in the first few pages: ‘Aim to be unique and not the best’. The joint managing director (MD) of Motilal Oswal Financial Services Ltd (MOFSL) has a Moscow-bound, red-eye flight to catch in a few hours and he has made time for this conversation in between a bunch of office meetings.The eighth-floor office provides a peek into Agrawal’s personality and also the investing style of his company. India Business News: Mumbai: A consumer-focussed private equity fund within the Motilal Oswal Group has raised Rs 2,300 crore (about $320 million) from marquee domestic an. 1,171.6 Cr . The company has branches across the length and breadth of India. The headroom for growth is there in the aviation business. MUMBAI: Motilal Oswal Real Estate (MORE) is looking to raise up to Rs 1,000 crore through its third real estate fund, mainly from high net worth individuals and family offices. Last updated: 1 December 2020 at 11:00am EST. The market is growing and Indigo has a 38 percent market share. 14,814 Cr. The company also provides private wealth management services, such as equity, alternate, credit solutions, estate planning, will making, and property advisory services; and home loans. The maiden mutual fund offering, in 2010, was known as India’s first ‘fundamentally-enhanced’ ETF, popularly called active ETFs. Fund Size : INR 1,200 Crore Focus : Residential Real Estate projects in Indian Metros Average Ticket Size : INR 80 – 120 Crore Status : Active India Realty Excellence Fund IV (IREF IV) is the latest fund offering by MORE with a target to raise Rs. Last updated: 1 October 2020 at 11:00am EST. It helped him start MOFSL, with close friend Motilal Oswal, in 1987 as a sub-broking firm and grow it into a financial conglomerate with interests in broking, private equity, home loans, portfolio management services (PMS) for HNIs and most recently mutual funds. It is late afternoon when Forbes India meets Raamdeo Agrawal, 59, at his corner office at Motilal Oswal Tower in Mumbai’s Lower Parel. It began in 2010 by selling exchange traded funds (ETFs), which were not successful and Agrawal had to revisit the idea. Consolidation of immovable property, Motilal Oswal Towers into one entity. Motilal Oswal Financial Services Limited provides financial services in India. Share Price, Corporate Actions, Valuation, Research Report, Financials and more - complete track record of Motilal Oswal Financial Services Ltd. From India's independent mutual fund research house MOPWM was instituted in year 2007 to cater Corporates/ Institutions, High Net Worth and Ultra High Net worth … The market went up by 40 percent in the next one year. For the quarter ended June 2020, MOTILAL OSWAL has posted a net profit of Rs 2 bn (up 24.8% YoY). Critics argue that Motilal Oswal’s mutual fund schemes succeeded because they were launched when Narendra Modi was declared the BJP’s prime ministerial candidate in September 2013. 650 per share. The Focused Largecap 25 has returned 14.62 percent against the Nifty’s 5.76 percent in the same period. The entire business is looked after by professionals that worked through the ranks.” Sommaiyaa concurs. Agrawal has used his bookish knowledge practically. In FY16, the group garnered revenues of Rs 1,055 crore and a net profit of Rs 163.32 crore. Verify nice article related to value investing and investment philosophy of Mr.Raamdeo Agrawal. Agrawal gave Rakesh the go-ahead to test the waters for the product in India. We never hired any of our fund managers from the mutual fund industry; all our talent is homegrown,” says Motilal Oswal, 54, chairman and MD, who has oversight of the overall business while Agrawal manages the investment piece.The mutual fund had to go through a lot of pain in its initial years, before active funds were launched. I’m more of a philosopher-guide. As on March 31, 2017, Motilal Oswal Tower’s Net Block is Rs 72 crore and the said immovable property is mortgaged by MOSL to HDFC Bank Ltd. Merger of the Fund based investment activities into one entity 15,390 Crs of AUM as on 31st December 2018. Why wait? By April 2015, Agrawal moved around $100 million into the three, but predominantly the Focused 35 scheme. Motilal Gopilal Oswal is the Co-Founder, CEO, MD & Director at Motilal Oswal Services. Very valuable information for retail investors. “Moving our proprietary money into the mutual fund was the best way to tell the customers about our conviction in the product,” Oswal tells Forbes India. The funds have a high exposure to InterGlobe Aviation that runs Indigo Airlines. Among many different services, Motilal Oswal Wealth Management service is introduced to provide services for wealth management to big corporations, institutions as well as individuals who fall in the group of high net worth or ultra net worth categories.. In FY16, the group garnered revenues of Rs 1,055 crore and a net profit of Rs 163.32 crore.But it was building the mutual fund business that tested the patience of Agrawal and Oswal. As the Co-Founder, CEO a MD & Director of Motilal Oswal Services, the total compensation of Mr Oswal at Motilal Oswal Services is ₨24,040,000. Ramdeo agarwal is a true CA by all means. It serves high net worth individuals; and mutual funds, foreign institutional investors, financial institutions, and corporate clients. The business throws out cash. Motilal Oswal Mutual Asset Management Company was a late entrant in the market. Thank you for your comment, we value your opinion and the time you took to write to us! Motilal Oswal Financial Services Limited is a financial services company focused on wealth creation for its customers, such as institutional, corporate, high net worth individual (HNI) and retail. All of them deal with how to build and sustain businesses. At around 2.08 pm, Motilal Oswal Financial Services Ltd was trading at Rs558 per piece up by Rs2.7 or 0.49% from its previous closing of Rs555.30 per piece on the BSE. Motilal Oswal Real Estate announces final close at INR 1,150 Crore forfourth realty fund. You can buy our tablet version from Magzter.com. The real estate arm of Motilal Oswal Group plans to deploy the fund in residential projects of established developers in Mumbai Metropolitan Region, National Capital Region, Bengaluru, Pune, Chennai and Hyderabad. MOFSL currently manages equities to the tune of Rs 10,000 crore, of which Rs 5,420.52 crore is in the mutual funds business and the rest in the PMS business.“Building the mutual fund business was tough. Stock market is a place where investors' patience, homework, matters more. In 2014, the mutual fund launched the Focused Midcap 30 fund and the Focused Multicap 35 fund. Motilal Oswal Financial Services Limited was founded in 1987 and is headquartered in Mumbai, India. As of June 2019, the company claimed to manage the wealth needs of over 3,000 HNI families through a 200-plus team across nine cities. The Focused 35 scheme Management company was a difficult decision to shut this down company listed... 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