HDFC Asset Management Company Limited — Q2FY27 earnings call summary

Filed 21 October 2026 · Official transcript

Q2 FY27 average AUM at INR9.69tn, +10% y-y; equity AUM 67.1% of total
Market share stable at ~11.1%; competition seen as validation of industry growth potential
Passive product bouquet broad with high index fund market share; new product launches planned
Cost discipline maintained with investments in future growth areas like alternatives, international, digital
Alternatives platform expanding with new Category II and III funds; margin accretive business
Revenue from operations INR11.7bn, +14% y-y; operating profit INR9.1bn, +16%
Equity yield ~58 bps; debt yield ~28-29 bps; slight sequential yield improvement due to asset mix
SIP contributions at new high INR325bn; investor base 17.7mn with 28% penetration