Nuvama said that after a sharp correction in equity markets, AMCs such as Nippon Life and UTI Asset Management Company, with high small and midcap concentration, are likely to report steep sequential declines in equity assets under management.
Nuvama said that after a sharp correction in equity markets, AMCs such as Nippon Life and UTI Asset Management Company, with high small and midcap concentration, are likely to report steep sequential declines in equity assets under management.