From The Economic Times · Sachin Kumar · · 1m 10s
AMC Stocks Surge 33% Amid Market Volatility
AMC stocks gained up to 33% in H1 FY27 despite market turmoil.
In brief
AMC stocks gained up to 33% in H1 FY27 despite market turmoil. Nippon Life India Asset Management shares surged 33% in the first six months of FY27 while other listed AMCs outperformed the Sensex. Originally reported by The Economic Times.
AMC Stocks Surge
Listed asset management companies gained up to 33% in the first six months of FY27 despite market volatility.
Five AMCs Outperformed Sensex
Five of seven listed AMCs outperformed the Sensex in the first half of FY27 while the benchmark index was flat.
Nippon Life AMC Surges 33%
Nippon Life India Asset Management shares surged 33% in the first six months of FY27.
SIP Inflows Remain Strong
SIP inflows have remained in the ₹31,000-32,000 crore range in FY27 with a 21% year-on-year rise in August.
Sebi Expense Framework Impact
Sebi's revised expense ratio framework had a less severe impact on AMCs than initially anticipated.
AMC AUM Growth
The AUM of seven listed AMCs rose nearly 16% to ₹53.9 lakh crore at the end of August.
AMC Earnings Expected
AMCs are expected to report a marginal increase in core earnings in the September quarter.
The short version
Nippon Life India Asset Management shares surged 33% in the first six months of FY27 while other listed AMCs outperformed the Sensex.
