Business Standard

Stocks of asset management firms surge as regulatory uncertainty eases

Industry sees limited impact of new TER structure on profit

BSE, stock market, sensex

Abhishek Kumar Mumbai

Listen to This Article

Shares of asset management companies (AMCs) have rallied in the last 3-4 sessions due to clarity on regulatory changes in total expense ratios (TER) and expectations that it won’t upset profits much in the long run.

HDFC AMC has gained over 12 per cent in the last four sessions, while Nippon AMC and UTI AMC are up around 5 per cent. Aditya Birla Sun Life (ABSL), the only other listed AMCs, has risen more than 2.3 per cent in the last four sessions.

The new TER structure will hit profits of AMCs, especially the larger ones, as it brings down

Don't miss the most important news and views of the day. Get them on our Telegram channel

First Published: May 30 2023 | 5:02 PM IST

Explore News

To read the full story, subscribe to BS Premium now, at just Rs 249/ month.

Key stories on are available only to BS Premium subscribers.

Register to