It was a great article sir, But the point to note is market have still not considered the acquisition, moreover, the strategy of inorganic acquisitions, helps to build AUM going ahead and they also indicated to double by 2029-30 , implying 17% CAGR, what I liked about the AMC business of theirs is their legacy partners are coming together and when such pedigree comes , T- time , T- trust gets an extra edge, the third T is i am keen to watch is Tailwind , overall there is tailwind in the industry but better mutual funds are hardly there, so time for test and observation.
Have a seen Tier 2 MF Distributor with an AUM of < 25 Crores, have become 250 Crores in < 10 years. Large MFs outsource customer relationships to them and even train them to be consistent.
One who builds customer relationships over long term enjoys fail proof path for strategic transformation. Customers start asking like a close aide why are you not doing this change. Even if the business is not a front runner of change, listening to customer which becomes a habit of great companies and knowing the business changes and its fundamentals, helps the transformation.
Or otherwise if business strategy and changes are brought in by the founders if not by the customers word of mouth, then they still get a great platform to test it through selective customers who can prove it right or wrong.
Tailwind is usually unknown unless it occurs, but the preparation for its readiness is consistency, customer satisfaction and readiness to change.
Hi Ankit bhai, you made this look incredibly easy but the hard work behind it is clear. Thank you for the jargon free article.
Thank you 🙏
It was a great article sir, But the point to note is market have still not considered the acquisition, moreover, the strategy of inorganic acquisitions, helps to build AUM going ahead and they also indicated to double by 2029-30 , implying 17% CAGR, what I liked about the AMC business of theirs is their legacy partners are coming together and when such pedigree comes , T- time , T- trust gets an extra edge, the third T is i am keen to watch is Tailwind , overall there is tailwind in the industry but better mutual funds are hardly there, so time for test and observation.
🙏
Have a seen Tier 2 MF Distributor with an AUM of < 25 Crores, have become 250 Crores in < 10 years. Large MFs outsource customer relationships to them and even train them to be consistent.
One who builds customer relationships over long term enjoys fail proof path for strategic transformation. Customers start asking like a close aide why are you not doing this change. Even if the business is not a front runner of change, listening to customer which becomes a habit of great companies and knowing the business changes and its fundamentals, helps the transformation.
Or otherwise if business strategy and changes are brought in by the founders if not by the customers word of mouth, then they still get a great platform to test it through selective customers who can prove it right or wrong.
Tailwind is usually unknown unless it occurs, but the preparation for its readiness is consistency, customer satisfaction and readiness to change.
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❣️❣️❣️❣️❣️❣️❣️❣️
🙏🙏🙏🙏🙏🙏🙏🙏
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But aren’t Track record & Time non-mutually exclusive?
Track record of new products. We don't have that and a large part of future value will come through that. Hence, track record is pending.