- Management awaits clarity on key regulations. This includes possible introduction of asset class level TERs and inclusion of brokerage within TER. Despite the setback of removal of LTCG benefits on debt MF category, management said there remain fundamental benefits of debt MF segment like liquidity and no taxation till redemption.
- The company is focused on building its AIF venture and expanding its product portfolio in the future.
- HDFC AMC launched 2 equity-oriented thematic/sectoral funds, 1 long duration debt fund, and a range of passive strategies.
- Brokerages are estimating a revenue of 2255-2400 cr in FY24 with a PAT of 1447-1550 cr.
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