The Big Four in this business – Groww, Zerodha, Angel One, and Upstox – continue to displace traditional brokers with a 63% combined market share of active clients by the end of FY24, up 4 percentage points in a year, showed NSE data.
Why India’s AMC business could be entering a long growth phase? Aditya Kondawar explains
ICICI Prudential AMC’s listing sparks debate on valuation premiums over HDFC AMC, with both managing similar assets. While ICICI Prudential shows stronger operating profits due