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VERIFIEDET Markets·neutral

SBI Funds IPO priced at discount to listed AMCs on valuation metrics

AI Summary
  • ·SBI Funds Management's IPO is priced at a discount compared to listed asset management companies.
  • ·The valuation reflects a lower share of equity-oriented schemes relative to its peers.
  • ·Asset managers with a larger equity franchise typically receive premium valuations from investors.
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