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Aditya Birla Sun Life AMC Rated 'Buy' As PL Capital Initiates Coverage — Check Target Price
The brokerage remains optimistic about its business prospects given the improving equity performance, which is driving up net equity flow market share, superior equity/debt/liquid yield at 70/25/14bps due to lower distributor payouts; and focus on increasing non-MF revenue, which has seen a healthy 24% CAGR over FY22-26.
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