HDFC Asset Management Company reported a 12% year-on-year increase in net profit for the quarter ended June 2026, reaching ₹837 crore.
The Mumbai-based asset manager attributed the growth to steady inflows and an expansion in assets under management (AUM), outpacing the ₹748 crore logged in the same period last year.
ICICI Prudential Asset Management recently reported a 23% year-on-year jump in net profit to ₹964.
The results highlight the continued strength of India's asset management industry, which is benefiting from sustained retail participation and favorable market conditions.
HDFC AMC's performance aligns with broader sector trends, where major players are leveraging digital distribution and product diversification to capture market share.
Peer comparisons reinforce this positive trajectory.
ICICI Prudential Asset Management recently reported a 23% year-on-year jump in net profit to ₹964.63 crore for the first quarter of fiscal 2027, driven by similar tailwinds.