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HDFC Asset Management Company Ltd
NSE:HDFCAMC

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HDFC Asset Management Company Ltd
NSE:HDFCAMC
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Price: 2 727.2 INR 0.7% Market Closed
Market Cap: ₹1.2T

HDFC Asset Management Company Ltd
Investor Relations

HDFC Asset Management Company Ltd. (HDFC AMC) sits as a prominent pillar in India's financial landscape, meticulously orchestrating a symphony of investment opportunities for a diverse clientele. Entrusted with the stewardship of mutual funds, HDFC AMC thrives in the realm of asset management by curating investment portfolios that range across equity, debt, and hybrid funds. Operating as a joint venture between HDFC Limited and Standard Life Investments, HDFC AMC leverages its extensive network, market acumen, and investment expertise to offer meticulously crafted products that cater to the varied financial goals of individuals and institutions alike. The company is renowned for its robust research and analysis that underpin its fund selection, ensuring a balance between risk and return that aligns with the objectives of its investors.

Earning its keep through a systematic framework of management fees, HDFC AMC derives revenue based on the assets under its management. By efficiently navigating market dynamics, maintaining operational efficiencies, and adapting to regulatory landscapes, the company continuously seeks to maximize returns for its stakeholders, ensuring the loyalty of its broad investor base. Beyond individual investors, HDFC AMC extends its resources to pension funds, sovereign entities, and corporate treasuries, thus diversifying its revenue streams. The company’s ability to generate income hinges on a combination of strategic foresight, market understanding, and a commitment to fiduciary excellence. As it strives to maintain its leadership position in the Indian mutual fund industry, HDFC AMC continues to innovate, offering digital solutions that grasp the evolving demands of modern investors.

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Last Earnings Call
Fiscal Period
Q4 2026
Call Date
Apr 16, 2026
AI Summary
Q4 2026

Industry backdrop: The year was difficult for markets, with the Nifty 50 ending down 5% and heavy volatility from geopolitics, tariffs, crude swings and FPI outflows, but domestic investors kept adding money in a disciplined way.

SIP strength: SIP momentum stayed strong, with March 2026 monthly SIP collections hitting an all-time high of INR 321 billion, up 24% year-on-year, and SIP contributing accounts rising to 97.2 million.

HDFC AMC growth: The company’s QAAUM grew 20% year-on-year to INR 9.3 trillion, equity AUM reached INR 6 trillion, and total accounts crossed 30 million.

Profitability: Full-year revenue from operations rose 18% to INR 41.2 billion, operating profit rose 18% to INR 32.1 billion, and profit after tax rose 16% to INR 28.6 billion.

Dividend: The board recommended a dividend of INR 54 per share, up from INR 45 per share adjusted for last year’s bonus issuance, implying an 81% payout ratio.

Strategy: Management emphasized “figital” distribution, stronger digital and AI capabilities, selective new launches, and growth beyond mutual funds through PMS, alternatives and GIFT City offerings.

TER change: Management said the new base expense ratio framework should have no material impact on P&L, with a gross impact of about 3 to 4 basis points on the existing book that they expect to offset through commission and cost optimization.

Key Financials
Nifty 50
down 5%
Nifty 50
down 14.5%
Industry equity-oriented fund flows
INR 1,340 billion
Monthly SIP collections
INR 321 billion
Industry net inflows
INR 7.4 trillion
Equity-oriented fund inflows
INR 4.9 trillion
ETF inflows
INR 1.8 trillion
Gold and silver ETF inflows
nearly INR 1 trillion
Net oriented fund inflows
INR 66 billion
Liquid fund inflows
INR 5 billion
New mutual fund investors
7.2 million
Total industry investor base
61.4 million
Company QAAUM
INR 9.3 trillion
Company equity-oriented AUM
INR 6 trillion
Company SIP and STP flows
INR 48.8 billion
Total accounts
30 million
Unique investors
16.7 million
Direct plans share of equity AUM
about 31%
Digital transactions share
97%
New schemes launched
7
Private credit fund
first close announced
Inbound funds in GIFT City
5
PMS mandates won
2
Total revenue
INR 46.2 billion
Revenue from operations
INR 41.2 billion
Total expenses
INR 9.1 billion
Operating profit
INR 32.1 billion
Operating margin
35 basis points of AUM
Profit after tax
INR 28.6 billion
Dividend per share
INR 54
Payout ratio
81%
Equity yield
56 basis points
Active equity and equity-oriented yield
60 to 61 basis points
Debt yield
28 basis points
Liquid yield
13 basis points
Blended yield
45 basis points
Employee cost growth
about 12.5% year-on-year
Employee count
around 1,700 employees
Nonemployee cost CAGR
about 13.5% over the last 5 years
Existing book TER impact
about 3 to 4 basis points
Fintech investors
more than 30 million
Folios
3 crore
New unique investors added over 3 years
almost 10 million
Unique investor penetration
27%
Earnings Call Recording
Other Earnings Calls

Management

Mr. Navneet Munot CFA
MD, CEO & Director
No Bio Available
Mr. Naozad Sirwalla
Chief Financial Officer
No Bio Available
Mr. V. Suresh Babu
Head of Operations
No Bio Available
Mr. Prashant Jain
Chief Investment Officer, Executive Director & Fund Manager
No Bio Available
Mr. Simal Kanuga
Head of PMS Sales, New Initiatives & Product Dev., Co-Head of Intl Business and Chief IR Officer
No Bio Available
Ms. Supriya Hemant Sapre
Chief Compliance Officer
No Bio Available
Ms. Sonali Chandak
Head of Legal & Company Secretary
No Bio Available
Mr. Kiran M. Kaushik
Senior Vice President and Head of Sales and Distribution
No Bio Available
Mr. Harish Narayanan
Chief Digital & Marketing Officer
No Bio Available
Mr. Alok Sheopurkar
Executive VP & Head of Human Resources
No Bio Available

Contacts

Address
MAHARASHTRA
Mumbai
HDFC House, 2nd Floor,, H. T. Parekh Marg,, 165-166, Backbay Reclamation,Churchgate
Contacts
+912266313333
www.hdfcfund.com
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