HDFC Asset Management Co’s valuation has cooled off. Time to reconsider?
Source: Live Mint However, with market corrections underway, mutual fund stocks have taken a back seat amid concerns over an earnings slowdown. This trend is evident from February data, which show that mutual fund AUMs declined 4% month-on-month to ₹64.26 trillion and overall net inflows plummeted 79%. Amid these charging market dynamics, Mint’s Profit Pulse…