AMCs look strong but high valuations risk sharper fall in downturns

Given gains in equity prices, it is not surprising that the earnings of asset management companies (AMCs) are growing quicker. Illustration: Dominic Xavier/Rediff.com The earnings momentum looks......

Fund houses' ticker-tape parade of fiscal success on the D-Street

The financial numbers for 2023–24 (FY24) of the four pure-play listed asset management companies (AMCs) have enthused the Street. Illustration: Dominic Xavier/Rediff.com All firms listed......

Long runway of growth for AMCs

Asset management companies are likely to report strong PAT growth in Q4FY24 on the back of AUM growth Illustration: Uttam Ghosh/Rediff.com Although net inflows into equity mutual funds......

Breaking the vault: Will MSCI grant HDFC Bank access?

HDFC Bank’s latest shareholding data showed that the room for foreign investment has fallen just 5 basis points short of the threshold set by Morgan Stanley Capital International (MSCI) to......