UTI AMC Q4 Results Review - Management Backs Equity Fund Strategy: Yes Securities

"NDTV Profit’s special research section collates quality and in-depth equity and economy research reports from across India’s top brokerages, asset managers and research agencies. These reports offer NDTV Profit’s subscribers an opportunity to expand their understanding of companies, sectors and the economy..Yes Securities Report.There was a sequential improvement in UTI Asset Management Company Ltd.'s revenue yield due to improved yield across categories: The yield in the cash and arbitrage funds has improved 2 basis points to 11 bps. The yield in the income funds has improved about 1.5 bps to 22 bps. The yield for the equity funds has improved 5 bps QoQ. The equity yield has improved due to payout being lower than estimated commission and B-30 trail commission not being paid in March..UTI AMC commentary indicated that the equity business would improve going forward: Some of the large equity funds have a quality growth bias but management is confident of the ability of these funds to perform over a full market cycle. The value oriented strategies have worked out well. The company also has a plan to launch new funds, which should help the business. We maintain an ‘Add’ rating on UTI with a revised price target of Rs 1100: We value UTI at 17.6 times FY26 price/earning at which it would trade at a FY26 price/ book of 2.9 times..Click on the attachment to read the full report:.DISCLAIMERThis report is authored by an external party. NDTV Profit does not vouch for the accuracy of its contents nor is responsible for them in any way. The contents of this section do not constitute investment advice. For that you must always consult an expert based on your individual needs. The views expressed in the report are that of the author entity and do not represent the views of NDTV Profit..Users have no license to copy, modify, or distribute the content without permission of the Original Owner."

UTI AMC Q4 Results Review - Management Backs Equity Fund Strategy: Yes Securities

Yield improves and equity business could improve further.

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UTI AMC Q4 Results Review - Management Backs Equity Fund Strategy: Yes Securities

Yield improves and equity business could improve further.

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