Nippon Life India AMC: Retail Participation Robust; Inflows Should Improve
India with an AUM size of Rs 3.79 lakh crore. The company has a strong distribution network with ~80000 distributors. Market share as on Q1FY22 was...
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Nippon Life India AMC: Improved Market Share and Cost Savings Lead to Performance Pick Up
On sustained cost controls and improved outlook, we maintain our Buy rating with a target price of Rs 455 (30x FY23E EPS), implying an upside of 12%.
245 Views
UTI Asset Management IPO Trading - Tepid Response, as Expected
UTI Asset Management (UTIAMC IN)’s (UTIAMC) shareholders aim to raise around US$300m by reducing their stake via the company’s Indian...
436 Views
UTI Asset Management IPO - Probably Not Cheap Enough
UTI Asset Management’s (UTIAMC) shareholders aim to raise around US$300m by reducing their stake via the company’s Indian IPO. UTIAMC is the...
559 Views
HDFC AMC Placement/OFS - Forced to Sell, but It's Not the Best of Times to Be Selling or Buying
Standard Life (SL/ LN) aims to raise up to US$200m (US$400m if including upsize option) by selling 2.8% stake in HDFC Asset Management Co Ltd...
651 Views