HDFC Asset Management Company's net profit for the first quarter of financial year 2027 rose 12% year-on-year, according to an exchange filing on Wednesday.
The AMC posted a consolidated bottom-line of Rs 837 crore, compared to Rs 748 crore in the year-ago period. Revenue from operations grew 13.6% to Rs 1,100 crore from Rs 968 crore in the corresponding period of last year.
Quarterly Assets Under Management (QAAUM) grew 13% year-on-year to Rs 9.35 lakh crore, with an 11.2% market share in the mutual fund industry. Actively managed equity QAAUM stood at Rs 5.74 lakh crore, with a 12.8% market share.
Distribution network expanded to over 1.1 lakh partners across 280 offices, including 196 in B-30 locations. Individual investors contributed 69% of monthly average AUM, versus the industry's 61%.
Live accounts stood at 31.1 million, while unique investors reached 17.1 million, representing 28% penetration of the industry's investor base. Digital transactions accounted for 98% of all transactions in Q1 FY27.
HDFC Asset Management Q1FY27 (Year-on-Year)
Net profit up 12% to Rs 837 crore from Rs 748 crore
Revenue up 13.6% to Rs 1,100 crore from Rs 968 crore
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