HDFC AMC Q3 Review - Modest Performance; Pricing Pressure Persistent: ICICI Direct

BQ Blue’s special research section collates quality and in-depth equity and economy research reports from across India’s top brokerages, asset managers and research agencies. These reports offer BloombergQuint’s subscribers an opportunity to expand their understanding of companies, sectors and the economy..ICICI Direct Report.HDFC Asset Management Company Ltd. reported a modest quarter. The company's assets under management saw muted growth of 0.2% QoQ to Rs 436700 crore (7.4% YoY); ~1.5% QoQ rise in equity AUM to Rs 196700 crore, and now forms 46.9% of overall AUM.Debt AUM declined 4% QoQ to Rs 152400 crore; forming 34.9% of AUM  HDFC AMC continued to witness decline in market share from 12.4% in Q1 FY22 to 11.9% in Q2 FY22 and further to 11.6% in Q3 FY22. Equity AUM (actively managed) market share also declined from 12.6% in Q1 FY22 to 11.8% in Q2 FY22 and to 11.4% in Q3 FY22.HDFC AMC systematic investment plan flows witnessed an increase from Rs 1080 crore in Q2 FY22 to Rs 1190 crore in Q3 FY22..Click on the attachment to read the full report:.DISCLAIMERThis report is authored by an external party. BloombergQuint does not vouch for the accuracy of its contents nor is responsible for them in any way. The contents of this section do not constitute investment advice. For that you must always consult an expert based on your individual needs. The views expressed in the report are that of the author entity and do not represent the views of BloombergQuint..Users have no license to copy, modify, or distribute the content without permission of the Original Owner.

HDFC AMC Q3 Review - Modest Performance; Pricing Pressure Persistent: ICICI Direct

HDFC AMC Q3 Review - Modest Performance; Pricing Pressure Persistent: ICICI Direct

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