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Prudent Corporate Advisory Services surpasses Rs 1 lakh crore in Mutual Fund AUM
Jul-27-2024

Prudent Corporate Advisory Services’ Assets Under Management (AUM) has surpassed the Rs 1 lakh crore mark as of July 26, 2024. Prudent becomes the 2nd non-banking mutual fund distributor to achieve this milestone. This significant achievement represents a 5x increase in Equity AUM over the past five years. 

Prudent's industry ranking for mutual fund commissions received has climbed from 8th place five years ago to an impressive 4th place, surpassing some of the nation's largest banks. The monthly SIP flow has significantly grown to Rs 800 crore in July 2024. Prudent attributes this growth to its network of over 30,000 partners and more than 17 lakh investors.

The company provides retail wealth management services. The company offers Mutual Fund products, Life and General Insurance solutions, Stock Broking services, SIP with Insurance, Gold Accumulation Plan, Asset Allocation, and Trading platforms.


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