SUBSCRIBE NEWSLETTER
  • Change Language
  • English
  • Hindi
  • Marathi
  • Gujarati
  • Punjabi
  • Tamil
  • Telugu
  • Bengali
  • News From Press HDFC AMC’s market share woes raise questions on valuation

    HDFC AMC’s market share woes raise questions on valuation

    HDFC AMC’s market share based on overall outstanding AUM was 12% in the June quarter, slightly down from 13% in the previous quarter. But, its market share has eroded 159 basis points ever since the pandemic broke out last year
    Source: Mint Jul 22, 2021

    HDFC Asset Management Co Ltd’s June quarter performance disappointed investors on many parameters. To start with, the fund house’s net profit failed to meet street expectations. Its operating expenses surged 28% driven by the 59% jump in employee benefit expenses due to employee stock options charge.

    Read more

    Have a query or a doubt?
    Need a clarification or more information on an issue?
    Cafemutual welcomes all mutual fund and insurance related questions. So write in to us at newsdesk@cafemutual.com

    Click to clap
    Disclaimer: Cafemutual is an industry platform of mutual fund professionals. Our visitors are requested to maintain the decorum of the platform when expressing their thoughts and commenting on articles. Viewers are advised to refrain from making defamatory allegations against individuals. Those making abusive language or defamatory allegations will be blocked from accessing the web site.
    0 Comment
    Be the first to comment.
    Login or Sign up to post comments.
    More than 2,07,000 of your industry peers are staying on top of their game by receiving daily tips, ideas and articles on growth strategies. Join them and stay updated by subscribing to Cafemutual newsletters.

    Fill in the below details or write to newsdesk@cafemutual.com and subscribe to Cafemutual Newsletter now.