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According to JPMorgan, India’s nominal GDP growth of around 10-11 per cent and a near-term pause in households’ shift towards equities are factors behind the revised outlook.
Motilal Oswal is bullish on UTI AMC recommended buy rating on the stock with a target price of Rs 1550 in its research report ...
JPMorgan forecasts slower AUM CAGR of 16% over the next three year due to moderating inflows, which is still robust.
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