Swarup Mohanty of Mirae Asset highlights a year of shifting market dynamics, where traditional assumptions are being challenged. The firm has evolved into a diversified asset manager, with a strong focus on mid and smallcap stocks, which are now seen as crucial protagonists in portfolio construction, not just supporting roles.
AU Small Finance Bank Q2 profit jumps 53% to Rs 858 crore
AU’s gross non-performing assets ratio fell 42 basis points (bps) to 1.99% at the end of September. This helped in 25% lower provision at Rs