Chris Wood, the Global Head of Equity Strategy of Jefferies, has added AU Small Finance Bank in his India portfolio, with a 3 per cent weightage.

AU Bank enters Jefferies India portfolio, CAMS exits; Here’s why Chris Wood is taking contra bets?

Jefferies’ Christopher Wood has added AU Small Finance, assigning it a 3% weightage, and has removed CAMS (Computer Age Management Services) from his portfolio. The shares of AU Small Finance Bank rose 0.66% while CAMS stock fell 1.10% today.

Chris Wood adds AU Small Finance Bank to Jefferies’ India portfolio, removes CAMS | The Financial Express

The latest revision has raised the weight of banking in the portfolio to 35%. Just last week, Wood added food delivery platform Zomato and SBI Life to long-only India portfolio.

AU Small enters Jefferies’ India portfolio, CAMS removed: Chris Wood explains why

Motilal Oswal is bullish on CAMS recommended buy rating on the stock with a target price of Rs 2600 in its research report dated May 26, 2023.

Buy CAMS; target of Rs 2600: Motilal Oswal

Millennials are betting big on SIPs and they have unwavering interest in the Mutual Fund industry. Recent reports suggest that the Covid-19 pandemic coupled with the increased adoption of digital technologies, has sparked interest among millennials to invest in the equity markets. Over the last five fiscal years (FY2019-FY2023), 7.65 million new millennial investors have entered the MF industry, according to a report by CAMS (Computer Age Management Services). Interestingly, women constitute 30% of these new millennial investors. On The Money Show, we decided to decode this trend with Manu Prasad, Chief Marketing Officer, Scripbox. Listen in to this insightful conversation.

Group Term Life Insurance Plans are designed to offer life insurance to a group of people under a single policy. A group insurance policy is not restricted to merely employer-employee groups but is also extended to other groups such as customers of banks, NGOs, professional groups, non-banking financial institutions, and microfinance institutions. Some group insurance schemes also provide covers for outstanding loans to a group of borrowers, while some come with critical illness and disability benefits. But should you consider opting for group term insurance? How do they differ from other insurance plans. On The Money Show, we answered all these questions with Kapil Mehta, Co- Founder and CEO, Securenow.in. Listen in.

There are a plethora of funds available in the market to invest your hard-earned money in. But like one-size shoes cannot fit all, one style of mutual fund will not meet your return expectation and every one's risk-taking ability. So now the big question is: How do you assess which is the right fund for your portfolio? What are the criterias that one should look at? To help you navigate through this maze, on The Money Show, we brought on board Kapil Mehta, Co- Founder and CEO, Securenow.in. Also, do not forget to send us your portfolio queries on our WhatsApp number - 865 - 797 - 4571  or Email Us Queries On themoneyshow@etnow.tv


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HDFC Securities recommended reduce rating on Computer Age Management Services with a target price of Rs 2000 in its research report dated May 08, 2023.

Reduce Computer Age Management Services; target of Rs 2000: HDFC Securities

Motilal Oswal is bullish on CAMS recommended buy rating on the stock with a target price of Rs 2600 in its research report dated May 08, 2023.

Results Review for Aether Industries, Computer Age Management Services, Greenpanel

CAMS clocked in-line core revenues at Rs 2.5 billion, however, the disappointment stemmed from a sharp rise in other opex.

Aether Industries, Greenpanel Industries, CAMS Q4 Results Review: HDFC Securities

Registrar and transfer agent for mutual funds CAMS on Monday reported a marginal rise in profit after tax to Rs 74.61 crore for the three months ended March.

MF transfer agency CAMS profit marginally rises to Rs 75 crore in Q4FY23

According to a recent CAMS report, of the 1.6 crore new investors that invested in mutual funds during FY19-23, close to 85 lakh were millennials. Millennials who remained invested all through this period had assets worth Rs. 96,000 crore as of March 2023.

54% of new mutual fund investors are millennials

Hasn't faired well - amongst the low performers

Performance

Seems to be overvalued vs the market average

Valuation

Lagging behind the market in financials growth

Growth

Showing good signs of profitability & efficiency

Profitability

The stock is overpriced but is not in the overbought zone

Current price is more than the intrinsic value

Fundamentals

Good time to consider, stock is not in the overbought zone

Technicals

Entry point

Promoter pledged holding

Unsolicited messages

Default probability

Red flags

The company is mutual funds transfer agency. It provides investor services, distributor services and asset management companies (AMC) services.