HDFC Asset Management Company (AMC) has reported results for first quarter ended June 30, 2020.
The company has reported 3.62% rise in its net profit of Rs 302.36 crore for the quarter under review as against Rs 291.79 crore for the same quarter in the previous year. However, total income of the company decreased 11.12% at Rs 491.31 crore for Q1FY21 as compared Rs 552.75 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.
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