HDFC AMC Share Price Target 2024-2030 Fundamentals & Quarterly Results

HDFC AMC Share Price Target 2024, 2025, 2026, 2027, 2028, 2029, 2030 Fundamentals & Quarterly Results – HDFC Mutual Fund whose shares are managed by HDFC Asset Management Company Ltd. It provides HDFC mutual fund management services and other alternative investments fund as well as client guidance on investments to HDFC. From mutual funds, both actively managed and passively managed types, to portfolio management service and alternative investments, the company has a wide range of savings and investment products to meet the diverse needs of its customers.

Latest Update – Consolidated net profit of HDFC Asset Management Company rose by 26% year-on-year as reported for the quarter that ended on June 30, 2024. The corresponding figure for the previous financial year was Rs477 crore. The revenue earned from operations during the reporting quarter stood at Rs775 crore, also representing a YoY increase of 35% from the value reported by the company in Q1FY24, which was Rs575 crore.

HDFC AMC Overview

HDFC Asset Management Company Ltd. (AMC) was registered under the Companies Act of 1956 on the tenth day of December nineteen ninety nine and obtained approval to serve as an Asset Management Company for the HDFC Mutual Fund by SEBI through their correspondence dated July third two thousand.

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HDFC AMC Business Profile

It provides management services finance related financial guidance, brokerage and consulting services. In excess of 200 cities have a total of 228 investor service centers (ISCs) are where they can be found. To fulfill its clients’ investment requirements, including HNIs, family offices, domestic corporates, trusts, provident funds and domestic as well as international institutions the Company offers portfolio management services and separately managed account (SMA) services.

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HDFC AMC has a varied assortment of asset types spanning both Equity and Fixed Income/Others. It possesses a nationwide system of branches as well as a broadened distribution system that includes banks, separate financial advisors, and national distributors. As at 31st March 2023, the Company had serviced more than 75,000 empanelled distribution partners through its network of 228 branches.

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Business Details

In 9MFY23, the closing AUM was approximately Rs.4.48 lakh crore, of which equity‑oriented closing AUM made up Rs.2.27 lakh crore. The remaining amount was derived from non‑equity‑oriented AUM.

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11.7% market share of equity actively managed fund and 13.5% in debt funds.

The corporation possesses around seventy-five thousand distributors with authorized partnerships, comprising MFDs, NDs, and banks.

There are approximately 228 Investor Service Centers throughout 200 different cities owned by this company.

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Around 26 programs that concentrate on stock ownership, nearly 48 programs that deal with debt, about 2 liquid programs and approximately 9 other types of programs.

With respect to the sector’s percentile, the share of the individual monthly average AUM is estimated at around 12.8% while the QAAUM market share is estimated at 11.7%.

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JV Partner

This means that as the company’s Joint Venture (JV) partner Abrdn Investment Management Limited sells all the shares it owns in the company’s stock, it will no longer act as a co-sponsor for HDFC Mutual Fund.

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HDFC AMC Fundamentals & Quarterly Results

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HDFC AMC Quarterly Results

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CAGR Report

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HDFC AMC Shareholding Pattern

HDFC AMC Share Price Target 2024-2030 Forecast

HDFC AMC Share Price Target 2025

HDFC AMC Share Price Target 2026

HDFC AMC Share Price Target 2027

HDFC AMC Share Price Target 2028

HDFC AMC Share Price Target 2029

HDFC AMC Share Price Target 2030

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