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HDFC AMC's ability to handle cost-related pressures helped its Q1
Stock touched an all-time high; leadership in retail AUMs also augurs well
HDFC AMC rallies 10% in two days on strong Q1 results, hits record high
AUM in actively managed equity-oriented funds, i.e. equity-oriented total AUM excluding arbitrage funds and index funds, grew to Rs 1.69 trillion as of June 30, 2019, with a market share of 16.2%
Rise in share of equity funds boosts HDFC AMC's Q1; profits up 25%
While total AUM growth outpaced industry's growth, net profit up by 25 per cent