Edelweiss Financial Services Limited has provided a business update on its wholly-owned subsidiary, Edelweiss Asset Management Limited (EAML).
Key highlights from the update on Edelweiss Mutual Fund (MF) include:
- The Indian MF industry has a large structural growth opportunity, with MF AuM expected to grow at a CAGR of 18% to ₹148 lakh crore by FY30, led by strong equity growth.
- Edelweiss MF's Total AuM reached ₹1,41,800 crore as of March 2025.
- Equity AuM stood at ₹62,500 crore as of March 2025.
- The SIP book was ₹395 crore as of March 2025.
- Retail Folios reached 25.5 lakh as of March 2025.
- Edelweiss Total MF AuM grew at a 5-year CAGR of 44% (FY20-FY25), compared to the industry's 24%.
- Edelweiss Equity AuM grew at a 5-year CAGR of 57%, significantly outpacing the industry's 40%.
- Edelweiss Net Equity Flows have seen a significant ramp-up, reaching ₹13,000 crore in FY25.
- The SIP book grew by over 11x in the past 5 years, with a 5-year CAGR of 62% vs. industry's 25%. Edelweiss SIP book market share was 1.5% as of March 2025.
- Active Folios grew at a 5-year CAGR of 50%, compared to the industry's 21%.
- MF revenue expansion has led to operating leverage playing out, with PAT reaching ₹218 crore in FY25 and Revenue reaching ₹33,400 crore in FY25.
- The company highlighted key pillars driving growth: distinctive investment platform, 'True-to-label' product suite (including many industry-first products), granular distribution network (15,400+ active distributors, presence in 45 locations covering 24,000+ pin codes), customer-driven marketing, and a stable leadership team.
- Future growth strategies include accelerating AUM expansion, continuing distribution expansion, increasing customer base and depth, entering new opportunities like SIF/GIFT City, and driving better profitability metrics.