HDFC AMC Q4 Review – Business Growth Impacted Owing To Decline In Debt, Liquid Funds: KRChoksey

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.

KRChoksey Research Report

HDFC Asset Management Company Ltd.’s revenue grew 2.7% YoY while declining 6.1% QoQ to Rs 5,163 million in Q4 FY22. The sequential fall reflected a moderation in assets under management growth and pressure on the yields in Q4 FY22 on QoQ basis at Rs 4,312 billion.

The contribution of equity AUM improved to 51% in Q4 FY22. The company has been focusing on increasing its equity-oriented AUM over the past few quarters.

The AUM was impacted owing to lower growth in the debt and liquid funds segments.

HDFC AMC has seen a significant outflow from the corporate investors leading to a drop in debt and liquid fund performance. As of March 31, 2022, the actively managed equity-oriented AUM stood at Rs 1,980 billion.

The company’s market share in AUM declined further to 11.3% from 11.7% in Q3 FY22 and 12.9% in Q4 FY21.

Click on the attachment to read the full report:


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.

Source link

Leave a Comment

Your email address will not be published.