- In 3QFY20, total AuM growth was +12% YoY with equity AuM growing +11% YoY. PAT grew 45% YoY to Rs.3.5bn. Core operating profit/AuM was 42bps (37bps in 3QFY19).
- Its market share in total industry AuM was 13.9% while that in equity AuM was 15.6%, it continues to be market leader in equity AuM. Share of equity in total AuM was 46.4%. No. of live individual accounts was 9.4mn (+6% YoY) and HDFC MF continues to have the highest individual AuM market share at 15.5%. Systematic transactions were INR 12.2bn (+4.4% YoY) and no. of transactions at 3.42 mn (+2% YoY).
- HDFC MF continues to be the second largest MF in B-30 cities with a market share of 12.6%. HDFC AMC will be able to sustain its market leadership given the strong brand and diversified distribution
Disclaimer: The above report is compiled from information available on public platforms. inChat team advises users to check with certified experts before taking any investment decisions.
Found this insight useful?
Please share with your friends and family as well. You can also subscribe to one of our channels listed at the bottom of this page.