Motilal Oswal Asset Management has obtained approval from the Pension Fund Regulatory and Development Authority
GCC-based NRIs growing India equity publicity: Survey
Amid the continued battle, non-resident Indians (NRIs) primarily based out of Middle East are growing their publicity in the direction of Indian equities, in response to a report by Equirus Wealth. The report is predicated on a survey of 8,300 Gulf Cooperation Council (GCC)-based NRI clients of Equirus Wealth. The report famous that 73 per cent of respondents have been growing publicity and 42 per cent have been prepared to deploy recent capital into Indian markets. In distinction, actual property is witnessing a broad-based exit, with as much as 40 per cent of buyers decreasing publicity, underscoring a long-term reallocation somewhat than cyclical rebalancing, the report famous.
Motilal Oswal AMC gets approval to sponsor pension funds beneath NPS
Motilal Oswal Asset Management has obtained approval from the Pension Fund Regulatory and Development Authority (PFRDA) to turn into a sponsor for a pension fund beneath the National Pension System (NPS). The asset supervisor stated it’ll arrange a separate pension fund entity that can act as an funding supervisor, overseeing the NPS contribution of subscribers and managing pension property. “Through our entry into India’s NPS ecosystem, we aim to bring a research-driven, high-conviction, and long-term investment approach, focused on delivering consistent performance for investors to build sustainable retirement wealth,” stated Prateek Agrawal, MD & CEO, Motilal Oswal AMC.
First Published: May 06 2026 | 7:56 PM IST
