CAMS served new clients have witnessed greater than 5x AuM growth compared to competition
These are either new AMCs or smaller AMCs except PPFAs, so the AuM is low for them, and the AuM becoming 5x or 10x is not big in absolute number of crores. Also, what would have CAMS mentioned if those AuM did not grow.
On a different note, it is a little surprising to see so many new AMCs which have come and will be coming. Maybe interest in equities from retail via MF route is indeed true, maybe not to the extent it is portrayed to be, but looks like a theme as of now, with the usual caveats applied.
No investment, had a position before, interested.
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