With returns from real estate and gold slowing down, with government emphasis on reduction of black money, with more and more people getting banked(aadhar/payments banks…), with the improvement in economy, I believe there is going to be a big spurt in overall investments into equities in coming years. MOFS can and I believe will be a BIG BIG beneficiary. Early trends already show this if e consider the rise in its MF AUM including PMS and the home loan portfolio… The best part is MOFSL is still small with around 4600cr market cap and available at around ~25-30x current year earnings.
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