HDFC AMC shares declined 3.5% after a profit booking session, following a 7% rally the previous day triggered by SEBI’s overhaul of mutual fund expense regulations. The new framework introduces the Base Expense Ratio (BER) and separates statutory and regulatory levies, providing greater transparency but raising questions about long-term profitability for asset managers.
Pankaj Tibrewal sees stronger top-line growth driving India’s next earnings cycle
Indian companies are poised to navigate input cost pressures and sustain growth, with the upcoming earnings season expected to be the next market trigger. Experts
June 30, 2026