HDFC Asset Management Company (AMC) reported strong Q2 FY26 results, with revenue from operations reaching ₹10,260 million, a 16% YOY growth. The company’s AUM closed the quarter at ₹8.7 trillion, reflecting an 11.5% market share. The board also approved a 1:1 bonus share issue. The company aims to be the wealth creator for every Indian.
Financial Performance
HDFC AMC reported revenue from operations of ₹10,260 million in Q2 FY26, representing a 16% year-over-year increase. Profit after tax stood at ₹7,179 million. The company highlighted a reassessment of income tax provision, reversing earlier provisions and resulting in a lower tax rate for the quarter.
AUM and Market Share
The company’s Assets Under Management (AUM) closed the quarter at ₹8.7 trillion, reflecting a market share of 11.5% (12.8% on ex-ETF basis). Actively managed equity-oriented AUM reached ₹5.4 trillion, with a market share of 12.9%. The company’s gold ETF AUM increased significantly from ₹102 billion to ₹141 billion, while silver ETF AUM more than doubled from ₹9 billion to ₹24 billion.
SIP and Investor Base Growth
Systematic transactions activity remained robust, with monthly flows in September 2025 reaching ₹45.1 billion across over 13 million transactions. The company witnessed a net addition of 6 million contributing SIP accounts during the quarter. HDFC AMC’s investor base reached 14 million customers, with a market share of 13.1% among individual investors.
New Fund Offers (NFOs)
During the quarter, HDFC AMC launched two NFOs: “HDFC Innovation Fund,” which collected ₹24 billion, and “HDFC Diversified Equity All Cap Active FoF,” which collected ₹11 billion.
Dividend and Bonus Issue
The Board of Directors approved a 1:1 bonus share issue, subject to shareholders’ approval.
Strategic Outlook
HDFC AMC is focused on strengthening its digital assets and technology, expanding its presence in smaller towns, and growing in the alternative and PMS spaces. The company aims to be the wealth creator for every Indian, with a vision to be the most respected asset manager in the world.
Expense Management
The company aims to maintain OPEX growth within 12% to 15% annually, despite investments in future growth initiatives. Efforts are focused on enhancing investor and partner experiences through digital and technological advancements. The ESOP cost is factored in the 11 basis points.
Source: BSE
