News From Press HDFC AMC sees 27% spike in profit; holds 14.4% market share in MF industry

HDFC AMC sees 27% spike in profit; holds 14.4% market share in MF industry

Improving mix of equity products is positive for an AMC as equity products offer higher management fees than fixed income products.

Jan 22, 2020

HDFC Asset Management Company (AMC) — which is the country's largest asset manager — reported profit before tax (PBT) of Rs 466 crore in the December quarter, clocking a growth of 27 per cent on a year-on-year basis.

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2 Comments

Prashant · 4 years ago `

At whose cost? Of course investors and distributors. Jaago grahak aur distributors jaago

Vikas Gupta · 4 years ago

Right.

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