# HDFC Asset Management Company (HDFCAMC) — Stock analysis

> Faxioms all-in-one stock review. Canonical page: https://faxioms.com/stocks/hdfcamc

## Current market snapshot

- Exchange: NSE
- Country: India
- Price: ₹2,649.8
- Change: +0.37%
- As of: 2026-11-06
- 1D return: +0.37%
- 5D return: +14.73%
- 1M return: +18.03%
- Latest complete quarter: fy27_q2

## Faxioms Analysis

_As of 2026-11-06_

### Technical Outlook

HDFCAMC closed at ₹2,649.80 on 2026-11-06, marking a +5.4% daily gain with extreme volume participation (volume ratio 2.83). The stock is trading near the upper end of its 20-day (+100%) and 50-day (+90%) ranges, sitting above all major daily moving averages and the daily Supertrend, which signals a developing bullish trend (ADX 24.38). However, this short-term strength contrasts with longer horizons: the monthly Supertrend remains bearish despite an established trend (ADX 37.21), and the weekly structure shows weak momentum (ADX 12.58) with a bearish Supertrend. A high-severity anomaly on 2026-11-06 noted high participation without clear directional conviction over the monthly timeframe. While a Morning Star pattern has formed on the monthly chart, the stock remains 10.1% below its available high, suggesting resistance ahead. Key levels to monitor include immediate support at ₹2,645.30 and resistance at ₹2,679.90.

- Daily trend is bullish with price above all key moving averages and Supertrend; ADX at 24.38 indicates developing strength.
- Longer-term context is mixed: Monthly Supertrend is bearish despite strong ADX (37.21); Weekly Supertrend is also bearish with weak ADX (12.58).
- Price is at the top of its 20-day range (+100%) and 50-day range (+90%), facing resistance at ₹2,679.90 (1.14% above).
- Recent daily move saw extreme volume (ratio 2.83) and a +5.4% return, but monthly anomaly flags high participation without clear direction.

- Morning Star
- Harami
- Inside Bar
- Doji

### News Context

In the seven-day window leading to November 4, 2026, HDFC AMC was featured in multiple third-party equity research notes as a recommended investment for the Diwali (Samvat 2083) period. Monarch Networth Capital included HDFC AMC in its list of top buys, citing strong fundamentals and reasonable valuations alongside expectations that the Eighth Pay Commission will boost incomes and spending in FY28. Similarly, Anand Rathi Share and Stock Brokers assigned a 'Buy' rating to HDFC AMC, projecting potential upside of 16% to 35% over a 12-month horizon based on individual business prospects and earnings visibility. These recommendations reflect external analyst optimism regarding the asset management sector's growth opportunities and corrected market valuations, rather than new corporate announcements or operational developments from HDFC AMC itself.

- Monarch Networth Capital listed HDFC AMC among top buys for Samvat 2083, highlighting strong fundamentals and reasonable valuations.
- Anand Rathi Share and Stock Brokers assigned a Buy rating with 12-month target prices indicating 16%–35% upside potential.
- Analyst rationale includes resilience in corporate earnings, corrected market valuations, and expected income/spending boosts from the Eighth Pay Commission in FY28.

- [Diwali stock picks: SBI, Airtel, BEL, Vedanta Aluminium, HDFC AMC among top buys for Samvat 2083](https://www.businesstoday.in/markets/trending-stocks/story/diwali-stock-picks-sbi-airtel-bel-vedanta-aluminium-hdfc-amc-among-top-buys-for-samvat-2083-565652-2026-11-04)
- [Diwali 2026 Muhurat Trading Samvat 2083 stocks with up to 35% gain: HDFC AMC, SBI, Tech Mahindra, 3 more by Anand Rathi](https://www.livemint.com/market/stock-market-news/diwali-2026-muhurat-trading-samvat-2083-stocks-with-up-to-35-gain-hdfc-amc-sbi-tech-mahindra-3-more-by-anand-rathi-11793691071592.html)

### Official Filings

HDFC Asset Management Company Limited (HDFCAMC) has disclosed material developments regarding its capital structure, operational scale, and upcoming investor engagement. On October 22, 2026, the company completed the allotment of 17,980 equity shares under its Employee Stock Option Schemes, increasing its paid-up share capital to ₹2,145,456,890 across 42,90,91,378 equity shares. This reflects ongoing employee compensation exercises but represents a negligible dilution impact given the total outstanding share count.

Financially, HDFCAMC reported strong growth in its Q2 FY27 earnings call (October 15, 2026), with quarterly average Assets Under Management (AUM) rising 10% year-on-year to ₹9.69 trillion and revenue from operations increasing 14% to ₹11.7 billion. A key milestone noted was the crossing of 100 million contributing SIP accounts, with monthly contributions reaching ₹325 billion in September 2026. The company also highlighted strategic expansions, including launching new Alternative Investment Funds and managing an EPFO fixed-income mandate.

Looking ahead, HDFCAMC has scheduled participation in four major investor conferences between November 16 and November 26, 2026, including the CITIC CLSA India Forum and Kotak Midcap Conference. Additionally, the Registrar and Transfer Agent, KFin Technologies, will shift its corporate office address effective December 1, 2026, which is an administrative update requiring no action from investors.

- Capital Structure Update: Allotment of 17,980 ESOP shares on October 22, 2026, increased paid-up capital to ₹2,145,456,890; total equity shares outstanding now stand at 42,90,91,378.
- Q2 FY27 Financials: Quarterly average AUM grew 10% YoY to ₹9.69 trillion, and revenue from operations rose 14% YoY to ₹11.7 billion as of October 15, 2026.
- Operational Milestone: Contributing SIP accounts exceeded 100 million, with monthly contributions hitting ₹325 billion in September 2026.
- Upcoming Engagement: Management will attend four investor conferences between November 16–26, 2026, including the JM Financial Annual India Conference and Avendus Spark INDX.

- [HDFC Asset Management Company Limited has informed the Exchange about change in corporate office address of RTA of the Company |SUBJECT: General Updates](https://nsearchives.nseindia.com/corporate/DEEPTI_04112026123003_NSEBSE_56.pdf)
- [Company has informed the Exchange about Portfolio |SUBJECT: Portfolio](https://nsearchives.nseindia.com/corporate/HDFCAMC_04112026133601_Fortnightly_Portfolios_for_31_October_2026.pdf)
- [HDFC Asset Management Company Limited has informed the Exchange about Schedule of meet |SUBJECT: Analysts/Institutional Investor Meet/Con. Call Updates](https://nsearchives.nseindia.com/corporate/DEEPTI_02112026112248_NSEBSE_55.pdf)
- [HDFC ASSET MANAGEMENT COMPANY LIMITED has informed the Exchange about Schedule of Analysts or Institutional Investors Meet |SUBJECT: Analyst/Investor Meet Para A-XBRL](https://nsearchives.nseindia.com/corporate/xbrl/SAIIM_16513_WebXMLFile_20261102_113525007.xml)
- [HDFC Asset Management Company Limited has informed the Exchange regarding Allotment of 17980 Shares. |SUBJECT: ESOP/ESOS/ESPS](https://nsearchives.nseindia.com/corporate/DEEPTI_22102026150825_NSEBSE_Cover_Letter.pdf)
- [HDFC ASSET MANAGEMENT COMPANY LIMITED has informed the Exchange regarding Allotment of Securities |SUBJECT: Alteration Of Capital and Fund Raising-XBRL](https://nsearchives.nseindia.com/corporate/xbrl/ALTERATION_OF_CAPITAL_AND_FUND_RAISING_16513_WebXMLFile_20261022_151407710.xml)
- [HDFC Asset Management Company Limited has informed the Exchange about Transcript of Earnings Call dated October 15, 2026 |SUBJECT: Analysts/Institutional Investor Meet/Con. Call Updates](https://nsearchives.nseindia.com/corporate/DEEPTI_21102026121612_NSEBSE_Transcript.pdf)
- [HDFC Asset Management Company Limited has informed the Exchange about Transcripts - earnings or quarterly calls |SUBJECT: Analyst/Investor Meet Para A-XBRL](https://nsearchives.nseindia.com/corporate/xbrl/SAIIM_16513_WebXMLFile_20261021_122133600.xml)
- [Company has informed the Exchange about the Regulation 13(3) of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, |SUBJECT: Others](https://nsearchives.nseindia.com/corporate/HDFCAMC_21102026174147_NSE_Investor_Complaints_Jul_to_Sept.pdf)
- [Company has informed the Exchange about Portfolio |SUBJECT: Portfolio](https://nsearchives.nseindia.com/corporate/HDFCAMC_19102026182830_Fortnightly_Portfolios_for_15_October_2026.pdf)

### Fundamentals

HDFC Asset Management Company demonstrates a robust long-term growth trajectory, underpinned by consistent earnings expansion and exceptional capital efficiency. Over the trailing twelve months (TTM), sales grew 15% to ₹4,392 crore, while net profit increased to ₹2,982 crore. The company’s operational quality is evidenced by a Cash from Operating Activity / EBITDA ratio of 88% for Mar 2026, indicating strong cash conversion. Balance-sheet health remains pristine with zero borrowings across all reported periods (Mar 2025–Sep 2026) and a Return on Capital Employed (ROCE) holding steady at 43% in Mar 2026.

However, recent quarterly trends reveal a deceleration in momentum. In Q2 FY2026-27, revenue from operations rose sequentially to ₹117 crore, but total income and operating profit declined to ₹1,241 crore and ₹977 crore, respectively. This contraction coincided with a drop in Other Income from ₹263 crore in Q1 to ₹71.3 crore in Q2. Despite this, EPS remained resilient at ₹17.46 per share in Q2, supported by an expanded equity base (₹8,618 crore as of Sep 2026). Shareholding patterns show stable promoter holding (~52%) with slight increases in FII participation.

- Earnings Quality: Strong historical cash generation with CFO/EBITDA at 88% (Mar 2026) and zero debt liabilities.
- Recent Deceleration: Q2 FY2026-27 saw sequential declines in Total Income (₹1,241 cr) and Operating Profit (₹977 cr), driven largely by a sharp drop in Other Income.
- Capital Efficiency: ROCE maintained at 43% (Mar 2026) despite equity expansion to ₹8,618 crore.
- Next Checkpoint: Monitor whether Q3 results stabilize income levels and if the decline in other income persists or was a one-off event.

### Bear Case

HDFC AMC faces a divergence between short-term momentum and longer-term trend weakness. While the daily technical setup remains bullish with the price at ₹2,649.80, the monthly and weekly trends are bearish, indicating sustained selling pressure over broader horizons. The stock has experienced a significant maximum drawdown of -24.8% and is currently in a -10.1% correction from its peak. Annualized volatility stands at 31.1%, reflecting elevated risk. Although recent analyst recommendations highlight strong fundamentals, the technical structure suggests caution as the asset navigates resistance levels near ₹2,679.90 while holding critical support at ₹2,645.30.

- Bearish medium-to-long term trends: Monthly and weekly Supertrend signals are bearish, contrasting with the daily bullish signal, suggesting underlying structural weakness despite recent price stability.
- Elevated volatility and drawdown risk: The stock exhibits an annualized volatility of 31.1% and a current drawdown of -10.1%, with a historical maximum drawdown of -24.8%, indicating significant price instability.
- Tight support proximity: The current price of ₹2,649.80 sits just 0.17% above the immediate low support level of ₹2,645.30, leaving limited buffer against further downside if the monthly bearish trend accelerates.

- [Diwali stock picks: SBI, Airtel, BEL, Vedanta Aluminium, HDFC AMC among top buys for Samvat 2083](https://www.businesstoday.in/markets/trending-stocks/story/diwali-stock-picks-sbi-airtel-bel-vedanta-aluminium-hdfc-amc-among-top-buys-for-samvat-2083-565652-2026-11-04)
- [Diwali 2026 Muhurat Trading Samvat 2083 stocks with up to 35% gain: HDFC AMC, SBI, Tech Mahindra, 3 more by Anand Rathi](https://www.livemint.com/market/stock-market-news/diwali-2026-muhurat-trading-samvat-2083-stocks-with-up-to-35-gain-hdfc-amc-sbi-tech-mahindra-3-more-by-anand-rathi-11793691071592.html)
- [HDFC Asset Management Company Limited has informed the Exchange about change in corporate office address of RTA of the Company |SUBJECT: General Updates](https://nsearchives.nseindia.com/corporate/DEEPTI_04112026123003_NSEBSE_56.pdf)
- [Company has informed the Exchange about Portfolio |SUBJECT: Portfolio](https://nsearchives.nseindia.com/corporate/HDFCAMC_04112026133601_Fortnightly_Portfolios_for_31_October_2026.pdf)
- [HDFC Asset Management Company Limited has informed the Exchange about Schedule of meet |SUBJECT: Analysts/Institutional Investor Meet/Con. Call Updates](https://nsearchives.nseindia.com/corporate/DEEPTI_02112026112248_NSEBSE_55.pdf)
- [HDFC ASSET MANAGEMENT COMPANY LIMITED has informed the Exchange about Schedule of Analysts or Institutional Investors Meet |SUBJECT: Analyst/Investor Meet Para A-XBRL](https://nsearchives.nseindia.com/corporate/xbrl/SAIIM_16513_WebXMLFile_20261102_113525007.xml)
- [HDFC Asset Management Company Limited has informed the Exchange regarding Allotment of 17980 Shares. |SUBJECT: ESOP/ESOS/ESPS](https://nsearchives.nseindia.com/corporate/DEEPTI_22102026150825_NSEBSE_Cover_Letter.pdf)
- [HDFC ASSET MANAGEMENT COMPANY LIMITED has informed the Exchange regarding Allotment of Securities |SUBJECT: Alteration Of Capital and Fund Raising-XBRL](https://nsearchives.nseindia.com/corporate/xbrl/ALTERATION_OF_CAPITAL_AND_FUND_RAISING_16513_WebXMLFile_20261022_151407710.xml)
- [HDFC Asset Management Company Limited has informed the Exchange about Transcript of Earnings Call dated October 15, 2026 |SUBJECT: Analysts/Institutional Investor Meet/Con. Call Updates](https://nsearchives.nseindia.com/corporate/DEEPTI_21102026121612_NSEBSE_Transcript.pdf)
- [HDFC Asset Management Company Limited has informed the Exchange about Transcripts - earnings or quarterly calls |SUBJECT: Analyst/Investor Meet Para A-XBRL](https://nsearchives.nseindia.com/corporate/xbrl/SAIIM_16513_WebXMLFile_20261021_122133600.xml)

### FAQs

**What recent analyst recommendations highlight HDFC AMC for the festive season?**

Monarch Networth Capital included HDFC AMC in its Diwali stock picks for Samvat 2083, citing strong fundamentals and reasonable valuations. Additionally, Anand Rathi Share and Stock Brokers assigned a Buy rating with potential upside of 16% to 35%, noting the company's earnings visibility and sector-specific growth opportunities.

**How has HDFC AMC's share price performed over key timeframes as of November 6, 2026?**

As of November 6, 2026, HDFC AMC closed at ₹2,649.80. The stock is up +17.8% over the last 10 days and +12.6% over the past month. However, it remains down -1.6% over the last year and -5.9% over the last six months, with a current drawdown of -10.1% from its peak.

**What are the immediate technical support and resistance levels for HDFC AMC?**

The nearest support level is at ₹2,645.30 (0.17% below), followed by ₹2,602.50. Resistance is seen at ₹2,679.90 (1.14% above) and ₹2,693.33. Daily trend indicators show a bullish Supertrend direction, while monthly and weekly trends remain bearish.

**What corporate updates were filed with the exchange recently?**

On November 4, 2026, HDFC AMC notified that its Registrar and Transfer Agent, KFin Technologies, will shift its corporate office address to Kokapet, Hyderabad, effective December 1, 2026. On October 22, 2026, the company allotted 17,980 equity shares to employees under ESOP schemes, bringing total paid-up capital to ₹2,14,54,56,890/-.

- [Diwali stock picks: SBI, Airtel, BEL, Vedanta Aluminium, HDFC AMC among top buys for Samvat 2083](https://www.businesstoday.in/markets/trending-stocks/story/diwali-stock-picks-sbi-airtel-bel-vedanta-aluminium-hdfc-amc-among-top-buys-for-samvat-2083-565652-2026-11-04)
- [Diwali 2026 Muhurat Trading Samvat 2083 stocks with up to 35% gain: HDFC AMC, SBI, Tech Mahindra, 3 more by Anand Rathi](https://www.livemint.com/market/stock-market-news/diwali-2026-muhurat-trading-samvat-2083-stocks-with-up-to-35-gain-hdfc-amc-sbi-tech-mahindra-3-more-by-anand-rathi-11793691071592.html)
- [HDFC Asset Management Company Limited has informed the Exchange about change in corporate office address of RTA of the Company |SUBJECT: General Updates](https://nsearchives.nseindia.com/corporate/DEEPTI_04112026123003_NSEBSE_56.pdf)
- [Company has informed the Exchange about Portfolio |SUBJECT: Portfolio](https://nsearchives.nseindia.com/corporate/HDFCAMC_04112026133601_Fortnightly_Portfolios_for_31_October_2026.pdf)
- [HDFC Asset Management Company Limited has informed the Exchange about Schedule of meet |SUBJECT: Analysts/Institutional Investor Meet/Con. Call Updates](https://nsearchives.nseindia.com/corporate/DEEPTI_02112026112248_NSEBSE_55.pdf)
- [HDFC ASSET MANAGEMENT COMPANY LIMITED has informed the Exchange about Schedule of Analysts or Institutional Investors Meet |SUBJECT: Analyst/Investor Meet Para A-XBRL](https://nsearchives.nseindia.com/corporate/xbrl/SAIIM_16513_WebXMLFile_20261102_113525007.xml)
- [HDFC Asset Management Company Limited has informed the Exchange regarding Allotment of 17980 Shares. |SUBJECT: ESOP/ESOS/ESPS](https://nsearchives.nseindia.com/corporate/DEEPTI_22102026150825_NSEBSE_Cover_Letter.pdf)
- [HDFC ASSET MANAGEMENT COMPANY LIMITED has informed the Exchange regarding Allotment of Securities |SUBJECT: Alteration Of Capital and Fund Raising-XBRL](https://nsearchives.nseindia.com/corporate/xbrl/ALTERATION_OF_CAPITAL_AND_FUND_RAISING_16513_WebXMLFile_20261022_151407710.xml)
- [HDFC Asset Management Company Limited has informed the Exchange about Transcript of Earnings Call dated October 15, 2026 |SUBJECT: Analysts/Institutional Investor Meet/Con. Call Updates](https://nsearchives.nseindia.com/corporate/DEEPTI_21102026121612_NSEBSE_Transcript.pdf)
- [HDFC Asset Management Company Limited has informed the Exchange about Transcripts - earnings or quarterly calls |SUBJECT: Analyst/Investor Meet Para A-XBRL](https://nsearchives.nseindia.com/corporate/xbrl/SAIIM_16513_WebXMLFile_20261021_122133600.xml)
## Technical analytics

- As of: 2026-11-06
- Daily trend: Weak Uptrend
- Weekly trend: Weak Uptrend
- Pivot point: ₹2,602.5
- Risk regime: Price Risk Requires Attention

### Support levels
- 2645.3
- 2597.25
- 2512.090625

### Resistance levels
- 2693.325048828125
- 2786
- 2834.5390625

### Return and range metrics

| Metric | Value |
| --- | --- |
| return_1 | +0.37% |
| return_10 | +17.77% |
| return_1m | +12.64% |
| return_1y | -1.65% |
| return_20 | +18.03% |
| return_3m | +4.40% |
| return_5 | +14.73% |
| return_6m | -5.90% |
| return_since_start | +27.32% |
| return_ytd | +0.06% |

### Risk and volatility metrics

| Metric | Value |
| --- | --- |
| state | elevated_risk |
| label | Price risk requires attention |
| summary | Recent drawdown or price variability is high enough to warrant closer monitoring. |
| maximum_drawdown | -24.77% |
| annualized_volatility | +31.10% |

## Quarterly financials

- Latest complete quarter: fy27_q2

# HDFC Asset Management Company Limited Q2 FY2026-27: Revenue grows, profit falls sequentially

HDFC Asset Management Company Limited reported consolidated revenue from operations of ₹1,170 crore in Q2 FY2026-27, up 6.4% quarter on quarter and 13.9% year on year. Profit for the period declined 10.6% sequentially to ₹749 crore, as other income fell sharply; profit was 4.2% higher than in Q2 FY2025-26.

## Operating revenue rose while other income contracted

Revenue from operations increased to ₹1,170 crore from ₹1,100 crore in Q1 FY2026-27 and ₹1,027 crore in Q2 FY2025-26. Other income fell 72.9% quarter on quarter to ₹71 crore from ₹263 crore, bringing total income to ₹1,241 crore, down 8.9% from Q1. Total income was up 10.5% year on year from ₹1,124 crore.

## Lower expenses did not prevent a sequential profit decline

Expenses eased 3.2% quarter on quarter to ₹265 crore, with other expenses down 7.7% to ₹95 crore. Profit before tax fell 10.3% to ₹977 crore from ₹1,089 crore in Q1 FY2026-27. Tax expense decreased 9.5% to ₹228 crore, while profit for the period declined to ₹749 crore from ₹837 crore.

Against Q2 FY2025-26, expenses rose 6.9% to ₹265 crore and tax expense increased 44.7% to ₹228 crore. Profit for the period was up 4.2% from ₹718 crore.

## Basic EPS declined year on year and sequentially

Basic EPS was ₹17.46 in Q2 FY2026-27, down 10.6% from ₹19.53 in Q1 and 48.0% from ₹33.58 in Q2 FY2025-26.

## Equity remained the largest balance-sheet component

At 30 September 2026, total assets were ₹9,402 crore, compared with ₹8,434 crore at 30 September 2025 and ₹9,991 crore at 31 March 2026. Investments stood at ₹8,711 crore, up from ₹7,867 crore at 30 September 2025. Equity attributable to owners was ₹8,618 crore, compared with ₹7,741 crore a year earlier. Trade receivables were ₹196 crore, versus ₹145 crore at 30 September 2025.

## Key Takeaway

Revenue from operations grew year on year, but profit declined sequentially as the sharp fall in other income outweighed higher operating revenue and lower expenses. Profit remained above its year-ago level, making the contrast between the weaker quarter-on-quarter result and positive year-on-year growth the key development.

### Ratios

## Shareholding pattern

- Quarter: FY2027-Q2
- As of: 2026-09-30
- Promoter holding: +52.29%
- FII holding: +24.07%
- DII holding: +14.57%
- Mutual fund holding: +8.25%
- Retail holding: +6.41%
- Promoter pledged: +0.00%

### Major reported shareholders

- HDFC BANK LIMITED — +52.29%
- ICICI MUTUAL FUND — +2.90%
- NPS TRUST A/C — +2.90%
- GOVERNMENT PENSION FUND GLOBAL — +1.66%
- ZULIA INVESTMENTS PTE. LTD. — +1.19%
- JPMORGAN EMERGING MARKETS EQUITY FUND — +1.14%
- SMALLCAP WORLD FUND, INC — +1.06%
- NIPPON MUTUAL FUND — +1.00%

## Official filings

- 2026-11-07 — Generic Announcement: HDFC Asset Management Company Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/HDFCAMC_07112026135724_Monthly_Portfolios_for_31_October_2026.pdf)
- 2026-11-04 — Generic Announcement: HDFC Asset Management Company Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/DEEPTI_04112026123003_NSEBSE_56.pdf)
- 2026-11-04 — Generic Announcement: HDFC Asset Management Company Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/HDFCAMC_04112026133601_Fortnightly_Portfolios_for_31_October_2026.pdf)
- 2026-11-02 — Generic Announcement: HDFC Asset Management Company Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/DEEPTI_02112026112248_NSEBSE_55.pdf)
- 2026-11-02 — Generic Announcement: HDFC Asset Management Company Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/xbrl/SAIIM_16513_WebXMLFile_20261102_113525007.xml)
- 2026-10-22 — Generic Announcement: HDFC Asset Management Company Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/DEEPTI_22102026150825_NSEBSE_Cover_Letter.pdf)
- 2026-10-22 — Generic Announcement: HDFC Asset Management Company Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/xbrl/ALTERATION_OF_CAPITAL_AND_FUND_RAISING_16513_WebXMLFile_20261022_151407710.xml)
- 2026-10-21 — Generic Announcement: HDFC Asset Management Company Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/DEEPTI_21102026121612_NSEBSE_Transcript.pdf)
- 2026-10-21 — Generic Announcement: HDFC Asset Management Company Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/xbrl/SAIIM_16513_WebXMLFile_20261021_122133600.xml)
- 2026-10-21 — Generic Announcement: HDFC Asset Management Company Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/HDFCAMC_21102026174147_NSE_Investor_Complaints_Jul_to_Sept.pdf)
- 2026-10-19 — Generic Announcement: HDFC Asset Management Company Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/HDFCAMC_19102026182830_Fortnightly_Portfolios_for_15_October_2026.pdf)
- 2026-10-16 — Generic Announcement: HDFC Asset Management Company Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/DEEPTI_16102026123401_NSEBSE_NP.pdf)
- 2026-10-16 — Generic Announcement: HDFC Asset Management Company Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/DEEPTI_16102026150832_NSEBSE_52.pdf)
- 2026-10-16 — Generic Announcement: HDFC Asset Management Company Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/xbrl/SAIIM_16513_WebXMLFile_20261016_151833861.xml)
- 2026-10-16 — Financial Results Filing: HDFC Asset Management Company Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/xbrl/INTEGRATED_FILING_NBFC_INDAS_1739853_16102026032724_WEB.xml)
- 2026-10-16 — Financial Results Filing: HDFC Asset Management Company Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/xbrl/INTEGRATED_FILING_NBFC_INDAS_1739856_16102026032826_WEB.xml)
- 2026-10-15 — Generic Announcement: HDFC Asset Management Company Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/DEEPTI_15102026104101_ESOS_Grant.pdf)
- 2026-10-15 — Generic Announcement: HDFC Asset Management Company Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/DEEPTI_15102026143403_NSEBSE_48.pdf)
- 2026-10-15 — Earnings Presentation: HDFC Asset Management Company Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/DEEPTI_15102026151946_NSEBSE_49.pdf)
- 2026-10-15 — Financial Results Filing: HDFC Asset Management Company Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/xbrl/INTEGRATED_FILING_NBFC_INDAS_1739204_15102026060332_WEB.xml)
- 2026-10-15 — Financial Results Filing: HDFC Asset Management Company Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/xbrl/INTEGRATED_FILING_NBFC_INDAS_1739196_15102026060240_WEB.xml)
- 2026-10-15 — Generic Announcement: HDFC Asset Management Company Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/DEEPTI_15102026192605_NSEBSE_50.pdf)
- 2026-10-15 — Generic Announcement: HDFC Asset Management Company Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/xbrl/SAIIM_16513_WebXMLFile_20261015_193545641.xml)
- 2026-10-13 — Shareholding Disclosure: HDFC Asset Management Company Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/xbrl/SHP_1736786_13102026022428_WEB.xml)
- 2026-10-09 — Generic Announcement: HDFC Asset Management Company Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/HDFCAMC_09102026115757_Monthly_Portfolios_for_30_September_2026.pdf)

## News and market events

- 2026-11-04 — BUSINESSTODAY: **Diwali stock picks: SBI, Airtel, BEL, Vedanta Aluminium, HDFC AMC among top buys for Samvat 2083** — Monarch Networth Capital’s Diwali stock picks for Samvat 2083 emphasize consumption-linked sectors and banking, driven by the expectation that the Eighth Pay Commission will boost incomes and spending in FY28. The report highlights resilient corporate earnings and corrected market valuations as key factors supporting this shift, despite recent pressures from rising US yields and global AI concentration. Specific recommendations include SBI, Airtel, BEL, Vedanta Aluminium, and HDFC AMC, selected for their strong fundamentals and reasonable valuations. — [Source](https://www.businesstoday.in/markets/trending-stocks/story/diwali-stock-picks-sbi-airtel-bel-vedanta-aluminium-hdfc-amc-among-top-buys-for-samvat-2083-565652-2026-11-04)
- 2026-11-03 — Mint: **Diwali 2026 Muhurat Trading Samvat 2083 stocks with up to 35% gain: HDFC AMC, SBI, Tech Mahindra, 3 more by Anand Rathi** — Anand Rathi Share and Stock Brokers has recommended six stocks for its Diwali 2026 portfolio, assigning Buy ratings with 12-month target prices indicating potential upside of 16% to 35%. The selected equities span banking, infrastructure, pharmaceuticals, manufacturing, asset management, and technology sectors, including State Bank of India, Tech Mahindra, and HDFC AMC. These recommendations are based on individual business prospects, earnings visibility, and sector-specific growth opportunities. — [Source](https://www.livemint.com/market/stock-market-news/diwali-2026-muhurat-trading-samvat-2083-stocks-with-up-to-35-gain-hdfc-amc-sbi-tech-mahindra-3-more-by-anand-rathi-11793691071592.html)
- 2026-10-16 — The Hindu: **HDFC AMC Mutual Fund lists FTSE India Equity ETF on NSE** — It covers approximately 90% of the market capitalisation of the FTSE India All Cap Index, offering investors broad exposure to Indian equities through a rules-based, passive investment strategy — [Source](https://www.thehindubusinessline.com/markets/hdfc-mutual-fund-lists-ftse-india-equity-etf-on-nse/article71592248.ece)
- 2026-10-15 — CNBC-TV18: **HDFC AMC Q2 Results: Shares of asset manager gain over 5% after all-round beat, margin expansion** — HDFC AMC's Earnings Before Interest, Tax, Depreciation and Amortisation (EBITDA) for the quarter stood at ₹930 crore, also higher than the expectation of ₹888.9 crore, and 9% higher on a sequential basis. — [Source](https://www.cnbctv18.com/market/hdfc-amc-q2-results-revenue-aum-growth-margins-flows-sips-share-price-move-20012687.htm)
- 2026-10-15 — BUSINESSTODAY: **HDFC AMC shares rise 6% on Q2 earnings, check details** — HDFC AMC shares, HDFC AMC stock, HDFC AMC share price today, HDFC AMC Q2 earnings, HDFC AMC Q2 net profit — [Source](https://www.businesstoday.in/markets/stocks/story/hdfc-amc-shares-rise-on-q2-earnings-check-details-561823-2026-10-15)
- 2026-09-30 — CNBC-TV18: **Which AMC stocks should you buy? Kotak recommends for up to 24% upside** — While large AMCs benefit from scale, established performance track records and stronger brands, recent moderation in performance, intensifying competition from smaller AMCs and distributors’ preference for higher-commission products are key risks, according to Kotak. — [Source](https://www.cnbctv18.com/market/sbi-funds-management-hdfc-amc-shares-which-stocks-should-you-buy-kotak-recommends-for-more-upside-20001656.htm)
- 2026-09-29 — MONEYCONTROL: **Moneycontrol Mutual Fund Summit 2026: What will drive India’s next investment wave?** — Moneycontrol Mutual Fund Summit 2026, navneet munot, radhika gupta, nilesh shah, mutual funds — [Source](https://www.moneycontrol.com/news/business/mutual-funds/moneycontrol-mutual-fund-summit-2026-what-will-drive-india-s-next-investment-wave-14040849.html)
- 2026-09-29 — FREEPRESSJOURNAL.IN: **HDFC Flexi Cap Fund Delivers 18.37% CAGR, Rs 10,000 Monthly SIP Grows To Rs 22.96 Crore** — HDFC Flexi Cap Fund delivered 18.37 percent CAGR since inception, turning a Rs 10,000 monthly SIP into Rs 22.96 crore while navigating more than three decades of market cycles. — [Source](https://www.freepressjournal.in/business/hdfc-flexi-cap-fund-delivers-1837-cagr-rs-10000-monthly-sip-grows-to-rs-2296-crore)
- 2026-09-29 — Economic Times: **HDFC Flexi Cap Fund turns Rs 10,000 SIP into Rs 23 crore in 31 years, AUM crosses Rs 1 lakh crore** — HDFC Flexi Cap Fund turned a Rs 10,000 monthly SIP into Rs 22.96 crore in nearly 31 years. The fund has delivered a CAGR of 18.37% since inception and outperformed the NIFTY 500 Index (TRI) in 21 of 31 calendar years. — [Source](https://economictimes.indiatimes.com/mf/mf-news/hdfc-flexi-cap-fund-turns-rs-10000-sip-into-rs-23-crore-in-31-years-aum-crosses-rs-1-lakh-crore/articleshow/134561377.cms)
- 2026-09-28 — Economic Times: **HDFC Mutual Fund announces reopening of HDFC BSE REITS and Commercial Real Estate Index Fund for ongoing subscription** — HDFC Mutual Fund has reopened its HDFC BSE REITS and Commercial Real Estate Index Fund after its September 15–17 NFO period. The passive fund tracks the BSE REITs and Commercial Real Estate Index, offering diversified exposure to listed REITs and commercial real estate companies. — [Source](https://economictimes.indiatimes.com/mf/mf-news/hdfc-mutual-fund-announces-reopening-of-hdfc-bse-reits-and-commercial-real-estate-index-fund-for-ongoing-subscription/articleshow/134540805.cms)
- 2026-09-26 — The Hindu: **F&O Strategy: Long strangle on HDFC AMC** — Outlook neutral for HDFC AMC; a long strangle using Oct futures (2600 call and 2100 put) targets ₹8,000 profit with ₹1,000–₹5,910 risk. — [Source](https://www.thehindubusinessline.com/portfolio/commodity-analysis/fampo-strategy-long-strangle-on-hdfc-amc/article71512193.ece)
- 2026-09-19 — MONEYCONTROL: **India needs 15-year money to build its infrastructure, mutual fund CEOs say** — MF leaders, long-term capital, Mutual Fund Summit — [Source](https://www.moneycontrol.com/news/business/markets/india-needs-15-year-money-to-build-its-infrastructure-mutual-fund-ceos-say-14033420.html)
- 2026-09-18 — MONEYCONTROL: **Tax parity, deeper markets needed to revive debt fund growth, say AMC chiefs** — MF industry, tax parity — [Source](https://www.moneycontrol.com/news/business/markets/tax-parity-deeper-markets-needed-to-revive-debt-fund-growth-say-amc-chiefs-14033088.html)
- 2026-09-18 — MONEYCONTROL: **Mutual fund industry flags ‘equitisation’ of savings as fixed income lags equity** — mf, amc, mutual fund summit, equitisation — [Source](https://www.moneycontrol.com/news/business/markets/mutual-fund-industry-flags-equitisation-of-savings-as-fixed-income-lags-equity-14033075.html)
- 2026-09-18 — MONEYCONTROL: **‘Those who use AI better can win over those who won’t’: HDFC AMC’s Navneet Munot** — HDFC AMC, Navneet Munot, AI — [Source](https://www.moneycontrol.com/news/business/markets/those-who-use-ai-better-can-win-over-those-who-won-t-hdfc-amc-s-navneet-munot-14032765.html)
- 2026-09-18 — MONEYCONTROL: **HDFC AMC’s Navneet Munot warns against cutting analyst jobs for AI: ‘Firm will have trouble 20 years later’** — Navneet Munot, HDFC AMC, artificial intelligence in mutual funds, AI in fund management, mutual fund analysts, fund manager jobs, HDFC Mutual Fund, asset management industry India, AI impact on jobs, Moneycontrol Mutual Fund Summit — [Source](https://www.moneycontrol.com/news/business/markets/hdfc-amc-s-navneet-munot-warns-against-cutting-analyst-jobs-for-ai-firm-will-have-trouble-20-years-later-14032599.html)
- 2026-09-16 — MONEYCONTROL: **AI will augment, not replace fund managers, says HDFC AMC's Navneet Munot** — Navneet Munot, hdfc amc, ai, artificial intelligence — [Source](https://www.moneycontrol.com/news/business/markets/ai-will-augment-not-replace-fund-managers-says-hdfc-amc-s-navneet-munot-14031464.html)
- 2026-09-16 — MONEYCONTROL: **Mutual fund industry seeks tax parity, deeper debt market to channel household savings** — local markets, nifty, sensex, stock market live updates, stock market, sensex today, sensex live updates, sensex live — [Source](https://www.moneycontrol.com/news/business/markets/mutual-funds-industry-seeks-tax-parity-deeper-debt-market-to-channel-household-savings-14031453.html)
- 2026-09-16 — MONEYCONTROL: **Can AI replace fund managers? Here's what HDFC AMC's Navneet Munot thinks** — Moneycontrol Mutual fund summit, can ai replace fund managers, HDFC AMC, HDFC AMC's Navneet Munot — [Source](https://www.moneycontrol.com/news/business/mutual-funds/can-ai-replace-fund-managers-here-s-what-hdfc-amc-s-navneet-munot-thinks-14031354.html)
- 2026-09-16 — MONEYCONTROL: **Policy, Capital and Conviction: What to Expect at the Moneycontrol Mutual Fund Summit 2026 – Delhi Edition** — mutual funds summit — [Source](https://www.moneycontrol.com/news/business/policy-capital-and-conviction-what-to-expect-at-the-moneycontrol-mutual-fund-summit-2026-delhi-edition-14031245.html)
- 2026-08-25 — Mint: **Top Gainers & Losers on 25 Aug: FACT, Vodafone Idea, Cyient, Paytm, Angel One, Pine Labs among top gainers** — The Indian stock market recovered by close on August 25, buoyed by late buying; Nifty 50 gained 0.17% and Sensex 0.21%. Despite gains, market sentiment stayed fragile amid heightened tensions related to U.S. sanctions on Iran. — [Source](https://www.livemint.com/market/stock-market-news/top-gainers-losers-on-25-aug-fact-vodafone-idea-cyient-paytm-angel-one-pine-labs-among-top-gainers-11787650287290.html)
- 2026-08-25 — MONEYCONTROL: **Augmont Enterprises IPO booked over 15x so far on Day 3; GMP at 41%** — Augmont Enterprises IPO, Augmont Enterprises IPO 2026, Augmont IPO, Augmont IPO subscription, Augmont Enterprises IPO subscription, Augmont IPO GMP, Augmont Enterprises GMP, Augmont IPO grey market premium, Augmont Enterprises IPO price band, Augmont IPO allotment, Augmont Enterprises IPO listing date, Augmont IPO latest news, Augmont Enterprises IPO latest news, Augmont Enterprises IPO subscription status, Augmont IPO Day 1 subscription, Augmont Enterprises IPO Day 1, Augmont IPO investors, Augmont Enterprises share price, Augmont Enterprises IPO review, Augmont Enterprises IPO details, Augmont Enterprises IPO anchor investors, Augmont Enterprises IPO Rs 825 crore, Augmont Enterprises IPO August 21 2026, Augmont Enterprises IPO August 25 2026 — [Source](https://www.moneycontrol.com/news/business/ipo/augmont-enterprises-ipo-booked-over-15x-so-far-on-day-3-gmp-at-41-14014678.html)
- 2026-08-24 — MONEYCONTROL: **Augmont Enterprises IPO booked over 4x so far on second day; GMP at 48%** — Augmont Enterprises IPO, Augmont Enterprises IPO 2026, Augmont IPO, Augmont IPO subscription, Augmont Enterprises IPO subscription, Augmont IPO GMP, Augmont Enterprises GMP, Augmont IPO grey market premium, Augmont Enterprises IPO price band, Augmont IPO allotment, Augmont Enterprises IPO listing date, Augmont IPO latest news, Augmont Enterprises IPO latest news, Augmont Enterprises IPO subscription status, Augmont IPO Day 1 subscription, Augmont Enterprises IPO Day 1, Augmont IPO investors, Augmont Enterprises share price, Augmont Enterprises IPO review, Augmont Enterprises IPO details, Augmont Enterprises IPO anchor investors, Augmont Enterprises IPO Rs 825 crore, Augmont Enterprises IPO August 21 2026, Augmont Enterprises IPO August 25 2026 — [Source](https://www.moneycontrol.com/news/business/ipo/augmont-enterprises-ipo-booked-over-4x-so-far-on-second-day-gmp-at-48-14013666.html)
- 2026-08-21 — CNBC-TV18: **Augmont Enterprises IPO: Issue opens today, anchor investors raise ₹246 crore — should you apply?** — Augmont Enterprises IPO: The company plans to use ₹465 crore from the net fresh issue proceeds to fund future working capital requirements, including procurement, maintenance and scaling up of inventory, as well as advance margin requirements for inventory procurement. The remaining proceeds will be used for general corporate purposes. — [Source](https://www.cnbctv18.com/market/augmont-enterprises-ipo-subscription-opens-today-price-band-gmp-details-anchor-investors-should-you-apply-19974098.htm)
- 2026-08-20 — Economic Times: **Augmont Enterprises mops up Rs 246 crore in anchor round ahead of IPO; Nomura, HDFC MF among investors** — Augmont Enterprises secured Rs 246.3 crore from anchor investors before its upcoming IPO. The company will open its initial public offering for subscription on August 21. Augmont Enterprises plans to use fresh issue proceeds for working capital and inventory. The IPO comprises a fresh issue and an offer for sale component. Shares are scheduled to list on the NSE and BSE on August 31. — [Source](https://economictimes.indiatimes.com/markets/ipos/fpos/augmont-enterprises-mops-up-rs-246-crore-in-anchor-round-ahead-of-ipo-nomura-hdfc-mf-among-investors/articleshow/133383091.cms)

## Business profile

**Strategic vision:** Manages mutual funds, PMS, and AIFs for investors.

### Business segments
- **Mutual Fund Schemes:** Offers a diverse range of funds including Equity, Debt, Liquid, Hybrid, Multi-Asset, and Passive Index Funds.
- **Portfolio Management Services (PMS):** Provides tailored investment management solutions for clients.
- **Alternative Investment Funds (AIFs):** Offers investment vehicles for sophisticated investors and institutions.
- **International Business:** Operates through a subsidiary providing investment management and advisory services globally and to Indian investors.

### Competitive strengths
- Manages a significant volume of assets under management.
- Serves a large base of unique investors across numerous accounts.
- Operates through a broad distribution network.

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## Freshness and sources

- Data as of: 2026-11-06
- Source: Faxioms public stock analysis API

Canonical: https://faxioms.com/stocks/hdfcamc
Markdown representation: https://faxioms.com/stocks/hdfcamc?render=md