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Discover India’s Investment Growth: Top Picks for Future Success!

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Over the last five years, India’s capital market has grown impressively, showing signs of a positive trend that could last for many years. A new report from Motilal Oswal Financial Services says this growth is supported by good changes in the population, with more people joining the workforce and improving their financial situations.

Companies that help manage investments, like HDFC AMC, Nippon AMC, Angel One, BSE, Nuvama, and CAMS, are expected to benefit from these trends. The report mentions that tools like E-KYC, UPI, and Account Aggregation have made it easier for people to invest. Also, new rules have made the market safer and clearer for investors.

In the next ten years, India will see a significant increase in working people and families moving into the middle-class. The high net worth individuals (HNIs) and ultra-high net worth individuals (UHNIs) are also growing quickly. The report predicts that companies that deal with investments will see their revenues increase between 17-45% each year from 2024 to 2027. Because their costs are mostly fixed, this will help them make more profits too.

The report is optimistic about the entire capital market space, even though only 12% of Indians currently use demat accounts, compared to 62% in the USA. The report believes that companies like HDFC AMC and Nippon AMC are solid investments in mutual funds, while Angel One is the best in brokerage services. BSE is favoured among exchanges and Nuvama and 360 One WAM are recommended as top wealth managers. CAMS is also a good choice for intermediaries.

Investment Recommendations:
– HDFC AMC: BUY; Current Price: ₹4,365 Target: ₹5,200 (+19%) – Gaining market share with strong fund performance.
– ABSL AMC: BUY; Current Price: ₹848 Target: ₹1,100 (+30%) – Strong focus on distribution and performance.
– Angel One: BUY; Current Price: ₹3,292 Target: ₹4,200 (+28%) – New investment features and revenue growth expected.
– BSE: BUY; Current Price: ₹5,396 Target: ₹6,500 (+20%) – Strong performance in the options market.
– 360 ONE WAM: BUY; Current Price: ₹1,120 Target: ₹1,350 (+21%) – Focus on wealth management and geographical growth.
– CAMS: BUY; Current Price: ₹5,072 Target: ₹6,000 (+18%) – Leading firm in mutual fund services with potential for growth.

Disclaimer: The views and investment tips expressed by experts on NiftyStat are their own. Always consult certified professionals before making investment decisions.

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