HDFC Asset Management Company Annual Report Analysis - Expect Better Traction In FY22: ICICI Securities

Signage for HDFC is displayed in Mumbai. (Photographer: Adeel Halim/Bloomberg)

HDFC Asset Management Company Annual Report Analysis - Expect Better Traction In FY22: ICICI Securities

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 Securities Report

Business levers ahead for HDFC Asset Management Company Ltd. include:

  1. building on performance, which can improve flow share,

  2. new product pipeline, and

  3. possible industry momentum given the net inflows and increase in SIP witnessed in FY22TD.

The strategy includes:

Launch of products in passive categories like NIFTY Next 50 index fund, sector funds like banking and finance, thematic and international funds. The company had indicated in Q4 FY21 call that there has been a turnaround in performance October 2020 onwards and the results thereof will follow.

The induction of new fund managers has yielded designed results.

The aim remains to maintain a balance of cost competitiveness and future growth.

Click on the attachment to read the full report:

ICICI Securities HDFC AMC Annual Report Analysis.pdf

DISCLAIMER

This 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.

BQ Install

Bloomberg Quint

Add BloombergQuint App to Home screen.