Q4 2023 HDFC Asset Management Company Ltd Earnings Call Transcript

Apr 25, 2023 / 11:30AM GMT
Operator

Ladies and gentlemen, good day, and welcome to Q4 FY '23 Earnings Conference Call of HDFC Asset Management Company Limited. (Operator Instructions) Please note that this conference is being recorded. From the management team, we have with us Mr. Navneet Munot, Managing Director; Mr. Naozad Sirwalla, Chief Financial Officer; and Mr. Simal Kanuga, Chief Investor Relations Officer.

I now hand the conference over to Mr. Simal Kanuga, who will give us a brief following which we will proceed with the Q&A session. Thank you, and over to you, sir.

Simal Kanuga - HDFC Asset Management Company Limited - Head of PMS Sales, New Initiatives & Product Dev., Co-Head of Intl Business and Chief IR Officer

Yeah. Thanks, Nirav, and good evening, everyone. Let me start with data on the industry. QA AUM for the quarter ended March 23 was INR 40.5 trillion, a 6% growth on Y-o-Y basis. Our net flows during the year in equity-oriented funds added up to INR 1,801 billion, of which INR 1,618 billion was in actively managed equity-oriented fund and balance INR 184 billion

Already have an account? Log in
Get the full story
Access to All Earning Calls and Stock Analysis
30-Year Financial on one screen
All-in-one Stock Screener with unlimited filters
Customizable Stock Dashboard
Real Time Insider Trading Transactions
8,000+ Institutional investors’ 13F holdings
Powerful Excel Add-in and Google sheets Add-on
All data downloadable
Quick customer support
And much more...
30-Day 100% money back guarantee
You are not charged until the trial ends. Subscription fee may be tax deductible.
Excellent
4.6 out of 5 Trustpilot