Motilal Oswal Asset Management Company (MOAMC), a private sector fund house, expects to grow its total assets under management (AUM) to nearly Rs 50,000 crore in the next three years, a top company official said. The company manages equity mutual funds, portfolio management services (PMS) and alternative investment funds (AIFs). “The company expects to grow closer to Rs 45-50,000 crore in next three years,” managing director and chief executive, Motilal Oswal AMC, Aashish Somaiyaa told PTI here.
“We manage totally over Rs 26,000 crore, of which around Rs 14,000 crore is managed via alternative platforms like PMS and AIF. The balance is in mutual funds,” he said. The market pie of the company has grown 2 per cent from almost zero three years ago.
