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AMCs - Incremental AUM Growth To Decide Incremental Movement In Valuation Multiples: ICICI Securities

HDFC AMC and Nippon Life have higher % of equity AUM outperforming their benchmark versus Aditya Birla Sun Life AMC and UTI AMC, says the brokerage.

<div class="paragraphs"><p>Close view of Indian banknotes, rupees arranged for photograph. (Photo: Vijay Sartape/NDTV Profit)</p></div>
Close view of Indian banknotes, rupees arranged for photograph. (Photo: Vijay Sartape/NDTV Profit)
NDTV Profit’s special research section collates quality and in-depth equity and economy research reports from across India’s top brokerages, asset managers and research agencies. These reports offer NDTV Profit’s subscribers an opportunity to expand their understanding of companies, sectors and the economy.
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