AMC shares rally up to 14% on Sebi's total expense ratio call
"As for the total expense ratio issue, the fears were put to rest by the decision of the regulator, and our sense is that this will possibly also enable them to garner a larger market share over a longer period of time," said Gaurang Shah, senior VP, Geojit Financial Services. "On the fundamental side, we have been positive on HDFC AMC."
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