Could you please enlighten what happened to HDFC AMC? After inclusion in Nifty why it is loosing its charm? It seems as if it is not HDFC product, just acting differently… Hoped, it will be good to invest in this since it is a product of HDFC… But losing hope day by day… Could you please throw some lights?
A stock can consolidate and fall as long as it wants. Take a look at Bajaj finance for example, listed in '95 then lost 98% of its value in next 2 years. Then went on to give almost 20K% returns in the next 15 years.
Be patient with good stocks!
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Hdfc amc is not in nifty. you mean hdfc life?
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HDFC AMC I’m talking about… Is it that it is not listed in Nifty? I heard this on a YouTube channel, somebody was discussing on this…
Anyway, is it wise to invest in this? I just thought, since it is an HDFC product it will perform definitely. But getting confused seeing its performance for last few weeks. While other NBFCS and Banks rallying, HDFC AMC is just moving sideways…
Getting upset…
Thanks for your good information and kind note… Do you consider it as good stock? Is it ok to be invested in, then?
Ok, got it.
was talking about inclusion in nifty 50. recently hdfc life was included in nifty 50.
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Ohh. Then it is not HDFC AMC…
Anyway, what’s your view on HDFC AMC?
Yes MF is an underpenetrated market in India. With rising per capita income and the resources of the mammoth, HDFC Bank and HDFC, makes it a favorable bet for long term. Stay invested!
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@Tapastanay it is a long term stock with good dividend track record also. Dont see daily prices. Give it a year and come back and see the difference
It is a asset mgmt mutual funds business unit. Not in bank or nbfc sector
So compare it with nippon asset management
If it goes below 2000 buy in dips also
In a year it will trade at 3500 levels
Between wat was ur entry point?
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Ohh… I see…it is a Mutual Fund…
I bought 82 shares @ Rs 2465.47
BTW what is your view on Bajaj Finance and Reliance in the perspective of Investment?
Most valuable guidance I’m receiving here from all of you…
2400s is good price for hdfc amc.
When it starts roaring there is no stopping and fireworks sets in. Only thing is when and how we cannot predict but I have seen this stock coming from lows with thunderous price action
Bajaj finance at these levels of 3600 is bit costly but still u can start SIP mode
Reliance industries personally i have my serious reservations but it is turning out to be icon of Indian dala street. My personal view though is Mukesh is peeping his head in so many sectors and this may spell a disaster. Especially retail ,jio and pharma spaces are not his expertise field. He is grossly underestimating a amazon or a indiamart or a tata or a airtel.
@3190 I have procured some qty. But now it has become little costly. Better to wait for dips.
Regarding Reliance, it is going everyday to break 52w records. Due to back to back a no of deals of FDI it was roaring. But it may stop somewhere for correction, I think. I’m also holding few stocks here.
Though JIO could successfully build its foundation strong but other sectors really will be challenging to Ambani-ji… So overall impact may not be so well as expected… So I may infer here that it is better to remain limited exposed in Reliance. . Please correct me if anything else is there.
HDFC AMC is an MF, as mentioned. It is also being traded in the Exchange. So, it seems like an ETF. If not, then how is it different from an ETF like NiftyBees or UTINIFTETF?
Please!
@Tapastanay even i hold same view on reliance. But people will say we are in envy mode as we missed the rally
We missed let it be that we completely miss out
No hdfc amc is not ETF
It is simply a company that does mutual funds business and earns profit out of the same.
I meant its underlying business which is mutual funds
Like bse or mcx or cdsl exchange business stocks
I got it… But yet confused with my little knowledge, that MF companies usually raise money from public and invest in stocks to generate revenue. They are the fund raising companies. Then why they are again raising fund from the market in the form of shares? And after all how are they going to utilise their whole fund raised from individuals as MF investment and from the market through share.? Very complex matter to me to crack this business policy…
@Tapastanay hai dont worry about HDFC AMC company i am holding 120 shares @1900 , when ever its falling i will buy more , top branded good management doesn’t need worry , never see on daily basic , stock price will go up and down , in the long run you will make money in good company , my aim i want have at least 250 shares in HDFC AMC
Patient investor always payoff
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Getting confidence on discussion with you all.
I really appreciate the extended support from the end of you all.
@TradeB2B well summarized. I have seen this with all hdfc group shares. The more it is hammered the more it comes back with increased vigour.
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