Equity market downturn impacting AUM
With 91% equity AUM, a sustained market correction could significantly reduce AUM and revenue.
CANARAROBECOASSETMANAGEM / bear-case history
Track the concerns that keep returning.
Canara Robeco Asset · risk themes across the available quarters.
Research layer active
Bear-case history
Risks carried through the record.
high
SIP flow decline due to ELSS tax changes
Changes in ELSS tax treatment have led to a decline in SIP flows, which may persist.
Yield compression from passive products
If the company launches passive products like ETFs, overall yield could compress, though management currently avoids them.
Regulatory and technology cost overruns
One-time expenses related to regulatory compliance and technology investments may recur, pressuring margins.