'Rs 50,000 cr is a fair break-even benchmark for most AMCs'

Summary: Union Asset Management’s CEO, a few weeks into the top job, says he wants continuity, not change, and gives an unexpected answer on the number he watches each morning. He puts a size on where he thinks an AMC starts to pay its way and backs it with industry data.

Summary: Union Asset Management’s CEO, a few weeks into the top job, says he wants continuity, not change, and gives an unexpected answer on the number he watches each morning. He puts a size on where he thinks an AMC starts to pay its way and backs it with industry data. How would you describe the past 12 months for your fund house in one sentence? The past 12 months have been transformative for Union Mutual Fund, marked by improved investment performance, sustained AAUM growth and the development of new business verticals. You took this job only a few weeks ago. What is the first thing you changed, and what did

This article was originally published on October 23, 2026.