HDFC Asset Management Company has announced that its net gain in the quarter of March increased by 18 percent to ₹ 638 million rupees, compared to the 541 million rupees recorded in the same period last year.
Operations revenues increased by 30 percent to ₹ 901 million rupees (₹ 695 million rupees), while other revenues decreased by 21 percent to ₹ 124 million rupees (₹ 156 million rupees).
The fund house will pay a dividend of ₹ 90 per capital action for fiscal year 2015, subject to the approval of the shareholders.
Aum growth
The average quarterly assets under the administration of the fund house increased by 26 percent in the quarter of March to ₹ 7.74 Lakh Crore (₹ 6.13 Lakh Crore).
Capital oriented assets grew by 26 percent to ₹ 4.61 Lakh Crore (₹ 3.65 Lakh Crore), while debt assets increased by 16 percent to ₹ 1.59 Lakh Crore (₹ 1.37 Lakh Crore). The liquid AUM increased 10 percent to ₹ 59.6 billion rupees (₹ 54,000 million rupees).
Tickets through the Systematic Investment Plan increased by 25 percent to ₹ 3,650 million rupees compared to ₹ 2,930 million rupees recorded in the same period last year. However, SIP tickets decreased QOQ by four percent compared to the 3,820 million rupees recorded in the quarter of December.
The participation of individual accounts increased 43 percent to 23.17 million (16.25 million).
Revenue fall
In a sequential base, HDFC AMC reported a marginal fall in net profits to ₹ 638 million rupees (₹ 641 million rupees), while revenues are reduced to ₹ 1,025 million rupees (₹ 1,028 million rupees), in line with the bearish tendency in the industry.
For fiscal year 2015, the Fund House reported a 27 % increase in net gain to ₹ 2,460 million rupees (₹ 1,943 million rupees), while revenues increased to ₹ 4,060 million rupees (₹ 3,163 million rupees).
The Fund House has invested ₹ 8,289 million rupees in debt and capital funds.
Posted on April 17, 2025