External broker reports(aggregated public sources), Nirmal Bang

Nirmal Bang

External broker reports(aggregated public sources)

A Relationship Beyond Broking

Nirmal Bang, one of the leading stock broking companies in India, caters to retail and institutional clients by offering them a range of financial products and services, including equities, derivatives, commodities, currency derivatives, mutual funds, IPOs, insurance, depository services and PMS.

Nirmal Bang is drawn from a diversity of professional backgrounds, and blend of experience, skill and dedication is shared with its clients. Nirmal Bang emphasizes adequate, thorough research local and world-wide developments, balancing these with the astute discovery of intrinsic values, synergies and growth. The aim is simply to help the investors to maximize their returns.

Equity Bottom-Up

<ul><li>Performance contains market share loss: Overall QAAUM growth was 4% YoY while it declined by 3.4% QoQ.</li></ul><div><div><div><ul><li>Equity mix improves further: The company reported third consecutive quarter of increase in equity mix.</li></ul><div><div><div><div><ul><li>New product launches in MF space; ramping up alternatives: The company highlighted that it continues to work on launching new products.</li></ul></div></div></div></div></div></div></div><p><em>Content is external broker report sourced from online content aggregator through publicly available sources and is displayed below for general informational purposes only. Refer full disclaimer below.</em></p>

Performance contains market share loss: Overall QAAUM growth was 4% YoY while it declined by 3.4% QoQ.Equity mix improves further: The company reported third consecutive quarter of increase in equity mix.New product launches in MF space; ramping up alternatives: The company highlighted that it continues to work on launching new products.Content is external broker report sourced from online content aggregator through publicly available sources and is displayed below for general informational purposes only. Refer full disclaimer below.

HDFC Asset Management Company - Fixed Income Decline Drags AUM Growth

External broker reports(aggregated public sources), ICICI Securities Ltd

ICICI Securities Limited

ICICI Securities Ltd

ICICI Securities Limited provides investment services. The Company provides corporate and investment banking, securities, wealth management, retail brokerage, initial public offerings, and advisory services. 

Content available is external broker reports authored by a third party outside the Smartkarma network and has been aggregated by an online aggregator through publicly available sources and is displayed by Smartkarma in this format for user's convenience and general informational purposes only. Content does not constitute investment or financial advice and Smartkarma makes no representation or warranty regarding its accuracy or contents. Original third party author retains all copyright and other proprietary rights in the content. Access or use of third party links not controlled by Smartkarma are at the user's own risk.

<ul><li>HDFC AMC is among the largest and profitable mutual funds with an AUM of ~| 4.4 lakh crore as on December 2021</li><li>Strong distribution network with 227 branches and over 70,000 empanelled distribution partners</li><li>Target Price and Valuation: Given concerns on declining market share, we value HDFC AMC at ~29x FY24E EPS and revise our target price from Rs 3000 to Rs 2550</li></ul><div class="content-highlight"><em>Content is external broker report sourced from online content aggregator through publicly available sources and is displayed below for general informational purposes only. Refer full disclaimer below.</em></div>

HDFC AMC is among the largest and profitable mutual funds with an AUM of ~| 4.4 lakh crore as on December 2021Strong distribution network with 227 branches and over 70,000 empanelled distribution partnersTarget Price and Valuation: Given concerns on declining market share, we value HDFC AMC at ~29x FY24E EPS and revise our target price from Rs 3000 to Rs 2550Content is external broker report sourced from online content aggregator through publicly available sources and is displayed below for general informational purposes only. Refer full disclaimer below.

HDFC Asset Management: Modest Performance; Pricing Pressure Persistent

<p>About the stock: HDFC AMC is among the largest and profitable mutual funds with a AUM of | 4.18 lakh crore as on June 2021.</p><ul><li>Market share as on Q1FY22 was at 12.4%</li><li>Strong distribution network with 227 branches and over 70,000 empanelled distribution partners</li></ul><div class="content-highlight"><em>Content is external broker report sourced from online content aggregator through publicly available sources and is displayed below for general informational purposes only. Refer full disclaimer below.</em></div>

About the stock: HDFC AMC is among the largest and profitable mutual funds with a AUM of | 4.18 lakh crore as on June 2021.Market share as on Q1FY22 was at 12.4%Strong distribution network with 227 branches and over 70,000 empanelled distribution partnersContent is external broker report sourced from online content aggregator through publicly available sources and is displayed below for general informational purposes only. Refer full disclaimer below.

HDFC Asset Management: Steady Performance; Market Share to Be Watched

India

HDFC Asset Management is a leading Indian investment manager, serving as the asset management arm of HDFC Bank. It provides a comprehensive suite of savings and investment products, including mutual funds, portfolio management services (PMS), and alternative investment funds (AIF) across various asset classes. The company is headquartered in Mumbai, Maharashtra, India, and was founded in 1999 (commenced operations in 2000).

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HDFC Asset Management (HDFCAMC IN)

HDFC Asset Management Company - Fixed Income Decline Drags AUM Growth

HDFC AMC reported revenue growth of 2.7% YoY as against AUM growth of 3-4% YoY. In 4QFY22, the company saw debt and liquid assets decline sequentially

Nirmal Bang

HDFC Asset Management: Modest Performance; Pricing Pressure Persistent

Content is external broker report sourced from online content aggregator through publicly available sources and is displayed below for general...

ICICI Securities Limited

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HDFC Asset Management Company - Fixed Income Decline Drags AUM Growth

HDFC AMC reported revenue growth of 2.7% YoY as against AUM growth of 3-4% YoY. In 4QFY22, the company saw debt and liquid assets decline sequentially

Nirmal Bang

HDFC Asset Management: Modest Performance; Pricing Pressure Persistent

Content is external broker report sourced from online content aggregator through publicly available sources and is displayed below for general...

ICICI Securities Limited

HDFC Asset Management: Steady Performance; Market Share to Be Watched

HDFC AMC is among the largest and profitable mutual funds with a AUM of | 4.18 lakh crore as on June 2021. Market share as on Q1FY22 was at 12.4%....

ICICI Securities Limited