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Entry Price

1,780.00

Target

2,100.00

Recommend Date

26-03-2021

Return

17.98 %
BUY

Date : 26-03-2021

Play on structurally growing Indian MF industry… Computer Age Management Services (CAMS) is India’s largest registrar & transfer agent (RTA) of mutual funds with ~70% market share of MF AUM. CAMS provides a comprehensive portfolio of technology-based services, such as transaction origination interface, execution, payment, settlement, record keeping, commission computation and compliance related services. CAMS is also engaged in RTA services to alternative investment funds (AIFs), acts as insurance repository, account & payment aggregator and CRA for NPS. Great Terrain, an affiliate of Warburg Pincus, is the current promoter of CAMS with ~31% stake while other marquee shareholders include HDFC Bank (3.33% stake) and HDFC Ltd (5.99% stake).