I am quite interested to see how they fare on the below mentioned three areas.
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Ramping up business from parent HDFC Bank – This hasn’t kicked off yet even after an year since merger. Looks like they have been setting things up with some dedicated & senior level team exclusive for the HDFC bank channel. The contribution from parent can be really big due their sheer network size
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Acquisitions – I didn’t listen to the con-call but I did see a note where they seemed to have mentioned about actively looking at M&A. If true, this should be interesting as the AUM size can grow much faster (also have to see the cost of any such acquisitions as it may not be cheap given the buoyancy in the market)
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AIF – They keep mentioning this regularly. I don’t have much idea about the business size. Perhaps someone knowledgeable can given an idea about the potential size & profitability?
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