HDFC AMC reports 45% rise in Q3 net profit
22nd Jan 2020

HDFC Asset Management Company (AMC) has reported results for third quarter ended December 31, 2019.

The company has reported 44.93% rise in its net profit at Rs 352.55 crore for the quarter under review as compared to Rs 243.26 crore for the same quarter in the previous year. Total income of the company increased by 11.13% at Rs 591.99 crore for Q3FY20 as compared Rs 532.72 crore for the corresponding quarter previous year.

HDFC AMC provides the product and services of Asset Management is childrens gift funds, Fixed maturity plan, Debt/income fund, liquid fund, Equity/growth fund, Exchange traded fund, Fund of fund schemes, Quarterly internal fund, Rajiv Gandhi Equity savings fund, HDFC annual internal fund Series 1.