News From Press Nomura sees robust growth ahead for domestic asset management cos

Nomura sees robust growth ahead for domestic asset management cos

Source: Business Standard Oct 10, 2024

Indian asset management companies (AMCs) are showing strong growth potential as the ‘underpenetrated’ mutual funds (MFs) continue to grow their share in household savings, Nomura said on Tuesday.

The brokerage said increasing retail participation and the resultant momentum in systematic investment plan (SIP) inflows are key tailwinds for the sector.

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