HDFC Mutual Fund reports net profit of Rs3.19bn for FY13

India Infoline News Service | Mumbai |

The Mumbai-based AMC reported a profit after tax of Rs. 3.19 billion for FY12-13 against Rs. 2.69 billion in the previous year

Private player HDFC Asset Management Company on Tuesday announced its results for the financial year ended 31 March 2013.

The Mumbai-based AMC reported a profit after tax of Rs. 3.19 billion for FY12-13 against Rs. 2.69 billion in the previous year.

The average AUM (assets under management) during the month of March 2013 stood at Rs. 1.02 trillion (which is inclusive of average assets under discretionary portfolio management and advisory services).

The AMC’s revenues stood at Rs. 8.52 billion in FY12-13 against Rs. 7.6 billion in the previous year.

HDFC AMC managed 42 debt, equity, exchange traded and fund of fund schemes as on 31 March 2013.
 

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