Page 21 - BANKING FINANCE November 2018

U UA UN

a a Mu ual un laun e new un o er
Mu ual un a e a e
ata Mutual und has launched ata S all Ca und he sche e ill in est in
ri e o R rillion
stocks o s all ca co anies he sche e ill ocus on
Mutual unds M rose to o er usinesses that are likel to gro su stantiall aster than
Rs tril the arket and ha e the otential to eco e idca s
lion in ul in the uture he und ill e anaged
Se te er Chandra rakash adi ar senior und anager ho cur
uarter a
rentl anages ata rid uit und and ata arge Mid Ca und
in
he sche e ill e ench arked against i t S all ca R nde he
c r e a s e
ini u in est ent a ount in the sche e ill e Rs and in ulti le o
ro the re ious eriod dri en
Re therea ter
good res onse ro retail in estors
S eaking on the o ortunit in the s all ca s ace Chandra rakash adi ar
he M o the utual und indus
Senior und Manager said arren u et once said e ear ul hen others
tr co rising la ers as
are greed and greed hen others are ear ul ould like to oint out that
Rs trillion in the receding
aluations are eco ing attracti e in an cases hich in turn can lead to etter
three onths sho ing a gro th o
return otential in the long ter i en the arket correction es eciall in
just on uarterl asis accord
s all ca stocks there is an interesting longter in est ent o ortunit ith
ing to the data released ssocia
the ata S all Ca und
tion o Mutual unds
e elie e our e erience in otto u stock icking ill hel identi o ortu
he total asset ase o all the und
nities in the s all ca s ace ndian arkets o er good in est ent o ortunities
houses ut together as Rs tril
and des ite the short ter olatilit e reco end that in estors look to in est
lion in ul Se te er
ith a long ter hori on rathit ho e C MD ata Mutual und
here ere ri aril t o reasons
or this gro th st strong artici a
D C Mu ual un ne ro i ju o R rore
tion ro retail in estors es eciall
D C sset Manage ent Co an re orted a er cent ju in net ro it
ro s aller to ns and nd in es
at Rs crore or the three onths to Se te er
tor a areness ca aigns the in
otal re enue o the second largest utual und
dustr
house rose er cent to Rs crore the co an
the und houses as an as said in a state ent adding re enue ro o erations
utual unds M s itnessed gre er cent to Rs crore otal assets un
gro th in their asset ase during
der anage ent stood at Rs trillion a gro th
the eriod under re ie as co o er cent ro Rs trillion in the corres onding eriod last ear
ared to ul Se te er uarter o
he co an closed the uarter ith a arket share o er cent he
hile eight sa decline in
co an ent u lic ith a Rs crore hich as o ersu scri ed
their Ms
ti es and on the arket de ut on ugust it closed the trade ith a assi e
C C rudential M continued to er cent gains o er the listing rice o Rs D C M C is the ourth ir
lead the ack ith an M o ro the D C grou to go u lic a ter the arent the ank and the li e insur
Rs crore e cluding und o ance ar
unds at the end o Se te er uar
cti el anaged e uit M e uit oriented total M e cluding ar itrage
ter ollo ed D C M
unds and inde unds gre to Rs trllion ro Rs trillion a ear ago a
Rs crore and dit a irla
gro th o o er er cent and a arket share o er cent aking the
Sun i e M Rs crore
co an largest e uit utual und anager s o end Se te er as uch
ith an asset ase o Rs as er cent o its total onthl a erage M as contri uted indi iduals
crore S M has agged the ourth co ared to er cent or the industr he co an said it has recentl on
s ot re lacing Reliance M hich an e uit andate o SD illion ro a re uted oreign ort olio in estor
has an M o Rs crore o hich around one third has got unded recentl

B N N N N E | NOVEMBER | 2018 | 21