External broker reports(aggregated public sources), Axis Direct

Axis Direct

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External broker reports(aggregated public sources)

Axis Direct is the flagship brand under Axis Securities Limited, a subsidiary of Axis Bank in India. 

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.

Equity Bottom-Up

Cholamandalam Investment and Finance / Equity Bottom-Up

Cholamandalam Investment and Finance (CIFC IN)

<ul><li>Credit Costs on an Improving Trajectory: CIFC’s asset quality metrics continue to trend positively, supported by consistent efforts to enhance underwriting accuracy through improved credit filters across product lines.</li><li>This has already shown results in the form of better portfolio quality in key segments such as Vehicle Finance (VF), Consumer Durables (CD) and CSEL, and is expected to further aid credit cost moderation.</li><li>Management has guided for credit costs to improve to 1.5% in FY27 vs pre-overlay credit costs of 1.6% in FY26. </li></ul><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>

Credit Costs on an Improving Trajectory: CIFC’s asset quality metrics continue to trend positively, supported by consistent efforts to enhance underwriting accuracy through improved credit filters across product lines.This has already shown results in the form of better portfolio quality in key segments such as Vehicle Finance (VF), Consumer Durables (CD) and CSEL, and is expected to further aid credit cost moderation.Management has guided for credit costs to improve to 1.5% in FY27 vs pre-overlay credit costs of 1.6% in FY26. 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.

Axis Punch: Cholamandalam Investment & Finance Company Ltd. - 27th July, 2026