BQ Blue's special research section collates quality and in-depth equity and economy research reports from across India's top brokerages, asset managers and research agencies. These reports offer BloombergQuint's subscribers an opportunity to expand their understanding of companies, sectors and the economy.
ICICI Securities Report
Business levers ahead for HDFC Asset Management Company Ltd. include:
building on performance, which can improve flow share,
new product pipeline, and
possible industry momentum given the net inflows and increase in SIP witnessed in FY22TD.
The strategy includes:
Launch of products in passive categories like NIFTY Next 50 index fund, sector funds like banking and finance, thematic and international funds. The company had indicated in Q4 FY21 call that there has been a turnaround in performance October 2020 onwards and the results thereof will follow.
The induction of new fund managers has yielded designed results.
The aim remains to maintain a balance of cost competitiveness and future growth.
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