HDFC Asset Management Company

well it certainly helps clear things!

I agree from taxation its right. What I understand is from the way AMC deals with it internally, its like a switch to them as in money does not flows out of the AMC overall books…is my understanding correct?

Also, your above posts are very informative and you seem to have good understanding of AMC business. In this context,

• What are your thoughts on AMC companies as an investment in current Indian scenario?
• Their valuations have come down from few years earlier. Are these good long term structural investments and probable wealth creators?
• Is US managing/regulating their AMCs same way like how India is doing currently or where India is eventually going?

Thanks!