The harsh portfolio!

Hello Harsh !!!

Thank you so much for your posts, I look forward to them.

I am following AMC’s from quite some time.I am holding both Nippon and HDFC AMC.

I like Nippon more for the following reason.

1.Clear Leader in ETF products as of now, If we see US markets, three players control 90% of market (More liquidity brings more customers).
2.20-30% cheaper than HDFC and distributing entire PAT as dividend.
3.Performance of funds across various categories is among best across time frames.
4.SIP market share improved from 6.5% (June 22) to 8.3% (June 23), this will lead to market share improvement in coming quarters.
5.Equity AUM improving as % of total AUM (This is true for HDFC as well…They are leaders here).

Comparison of recent AUM data on closing basis.
1.Total AUM up for both by 66K CR in last 8 months (Nippon up by 23% while HDFC up by 14%).
2.Equity AUM up for both by 37K CR in last 8 months (Far higher growth for Nippon).

Would like to hear your thoughts on this.