With the equity market trading in a narrow range, MTM gain is likely to be lower and may not contribute much to the AUM growth
Given its asset-light business model, Prudent generates a healthy free cash flow that can be used as a war chest for inorganic growth during a downturn in equity markets
While the robust growth in mutual fund assets is the obvious factor for Prudent’s success, finer details indicate that the potential risks to the business waned in the past couple of years
After the abolishment of entry load, several AMCs began promoting schemes on the name of Financial Planning. However think twice before falling in to their trick. Financial Planning and Mutual funds are two separate entities. PersonalFN research firm advises investors to think rationally and invest their hard earned money by being informed.