New Delhi, June 12 -- Asset Management Companies (AMCs), which manage mutual funds and other pooled investment vehicles on behalf of investors, have seen their share prices skyrocket in recent years. This surge comes as mutual funds have become the preferred investment choice among Indian retail investors, leading to a strong expansion in their Assets Under Management (AUM) and allowing AMCs to generate higher revenue.

Nippon Life India Asset Management, which had a mutual fund AUM of Rs.5.6 lakh crore as of the March quarter, has delivered stellar returns as its stock has surged 207% over the past two years, currently trading at Rs.753 apiece.

Likewise, HDFC Asset Management Company has returned 165% in the last two years, with the sto...