Nippon life India asset management, which has a mutual fund aum of 5.6 Lakh Crore as of the March Quarter, Has Delivered Stellar Returns as Its Stock Has SURGED 207% Over the Past Two Years, Currently Trading At 753 Apiece.
Likewise, HDFC Asset Management Company has returned 165% in the last two years, with the stock curren 5,123.90 apiece. As of the March Quarter, the company managed an aum of 7.75 Lakh Crore, according to amfi data.
Aditya Birla Sun Life Amc has also delivered Strong Returns to Sharehlders, with Its Stock Price Jumping 109% over the last two years. The company’s assets under management study at 3.8 Lakh Crore as of the March Quarter.
Rising Retail Flows Into Mutual Funds to Keep Amc Stocks Buoyant: Analysts
According to analysts, the steellar rally in amc stocks is likely to remain buoyant, driven by sustained inflows into mutual funds from retail investors. They Further Believe That The Recent 50 Basis Point Cut in the REPO Rate by the RBI Cold Make Fixed Deposit Less Attractive, Potentially Prompties to Shifts MUTULL FUNDS MUTAL FUNDS MUTAL FUNDS MUS
Domestic Brokerage Firm Increded Equites Expects Investment Discipline, and Increasing Contributions from B-30 Cities.
The brokerage remains optimistic over the mid- to long-term outlook, Citing Improving Geography and the Rising Popularity of Mutual Fund Schemes, Particularly Among Young and Middle-Investor.
Increded Mantains an ‘Add’ Rating for all listed amc players, with nippon life India asset management as its top pick, citing consistency, performance-LED Market Share Gains.
“We Like HDFC AMC for Its Market Share Gains and Aditya Birla Sun Life Amc for Its Turnard Story. The Ongoing Speculation Around The Possible Acquisition of Uti Amc Add to its ads to its Brokerage noted.
Industry Aum Tops 72 Lakh Crore in May
As per the data released by AMFI 72.2 Lakh Crore, LED by Healthy Inflow and Strong Capital Market Returns.
Consequently, Equity Fund Aum Increased By 6% Mom to 32 Lakh Crore, which now contributes 44% of the total aum.
Disclaimer, The views and recommendations giving in this article are that of individual analysts. These do not represent the views of Mint. We Advise Investors to Check With Certified Experts Before Taking Any Investments Decisions.
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