InCred Equities has expressed optimism over the upcoming initial public offering (IPO) of Canara Robeco Asset Management Company (AMC), calling it a "modest valuation with high potential." The brokerage highlighted the AMC's strong retail franchise, focus on active equity funds and steady market share as key strengths that could support further growth post listing. The IPO opens for subscription today (October 9) and will close on October 13. Advertisement

According to InCred, Canara Robeco AMC has maintained a steady market share of around 1.5 per cent as of June 2025, backed by its strategic focus on active equity funds. The fund house's assets under management (AUM) stood at around Rs 1 lakh crore, aided by clear execution and support from Canara Bank's wide branch network. The presen

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