New Delhi, July 3 -- Shares of Motilal Oswal Financial Services climbed over 2 percent in intra-day trade on Thursday, July 3, after the company announced that its asset management arm, Motilal Oswal Asset Management Company (MOAMC), had surpassed Rs.1.5 lakh crore in assets under management (AUM) across mutual funds, PMS, and AIFs.

According to the company, MOAMC's AUM has grown at a compound annual growth rate (CAGR) of 34 percent over the past five years, surging from Rs.35,180 crore in June 2020 to over Rs.1.5 lakh crore today.

Motilal Oswal AMC's AUM is spread across Rs.84,300 crore in active mutual funds, Rs.33,600 crore in passive funds, Rs.15,000 crore under portfolio management services (PMS), and Rs.17,100 crore in Category-II...