India’s AMC Sector Just Reported. The Yields Held — But Not Every Stock Deserves the Same Multiple.

Flat QAAUM, stable yields, other income beating across the board — JM Financial reviews all six listed AMCs and names HDFC AMC and CRAMC as the preferred plays in a sector where valuation divergence is the real story When six asset management companies report results within two days of each other, the aggregate tells a … Read more