Anand Rathi Wealth

• recorded highest ever quarterly net flows during the last quarter (inspite of market not being best)

AUM -> 55% equity mf (last year 52%)

average growth last 11 quarters is 33.8%

• added 1,515 new clients in 9M , total client 11,426.

• client attrition rate in terms of AUM lost -> 0.28%

• 61 new relationship managers , total RM -> 383

• Increased minimum investment threshold to ₹1 crore for new clients

shift to passive fund can be a threat ? like in us ??

consistent 14-scheme mutual fund basket

• plan to form a subsidary in uk to explore the opportunity there

• Targeting 4% market share in mutual fund industry (currently at 1.37%)

• plan of maintaining PBT margins >40% and PAT margins >30%