HDFC AMC Reports 12% Rise in Q2 FY27 Profit Before Tax to ₹9,778 Million, QAAUM Reaches ₹9,691 Billion

HDFC Asset Management Company Limited (HDFC AMC) has reported its financial results for the quarter and half-year ended September 30, 2026. Revenue from operations reached ₹11,689 million for Q2 FY27, representing a 14% increase compared to Q2 FY26. Operating profit for the quarter rose 16% year-on-year to ₹9,069 million (up from ₹7,796 million). Profit Before Tax (PBT) grew 12% year-on-year to ₹9,778 million (up from ₹8,755 million), while Profit After Tax (PAT) for the quarter stood at ₹7,499 million, compared to ₹7,179 million in Q2 FY26. For the six-month period ended September 30, 2026, operating profit grew to ₹17,345 million (up from ₹15,330 million), PBT reached ₹20,680 million (up from ₹18,616 million), and PAT increased to ₹15,882 million (up from ₹14,659 million).

Asset Base, Equity Market Share, and Systematic Flows:
HDFC AMC strengthened its position among India’s largest mutual fund managers during the quarter. Total Quarterly Average AUM (QAAUM) expanded to ₹9,691 billion for Q2 FY27 (up from ₹8,814 billion in Q2 FY26), securing an 11.1% market share across the mutual fund industry. QAAUM in actively managed equity-oriented funds (excluding index funds) reached ₹6,085 billion, giving HDFC AMC a leading 12.7% market share in the actively managed equity segment. The ratio of equity to non-equity oriented QAAUM stood at 67:33, significantly higher than the overall industry asset mix of 58:42. In September 2026 alone, the AMC processed 18.9 million systematic transactions with a total monthly value of ₹48.0 billion.

Investor Base and Distribution Network Expansion:
The company continues to deepen its retail reach across metro and Beyond-30 (B-30) locations. Individual investors contributed 70% of HDFC AMC’s total monthly average AUM in September 2026, compared to an industry average of 61%. Total live accounts reached 32.3 million as of September 30, 2026, with the AMC serving 17.7 million unique customers (identified by PAN/PEKRN), representing a 28% penetration of the industry’s total 63.3 million unique investors. HDFC AMC is supported by over 113,000 empaneled distribution partners across MFDs, National Distributors, and Banks, serviced through 280 offices (196 located in B-30 cities). B-30 locations contributed 20.0% to the company’s total monthly average AUM in September 2026.