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Even as continued market volatility remains a headwind for asset management companies (AMCs), steady systematic investment plan (SIP) inflows and addition of a new revenue source — specialised investment funds (SIFs) — paint a positive outlook for the industry, brokerages said in their analysis of the results for the fourth quarter (January-March) of financial year 2024-25 (Q4FY25).
The decline in assets under management (AUM) of equity schemes due to mark-to-market losses and dip in inflows weighed on the performance of mutual funds (MFs) during Q4FY25. Profits were also hit due to lower investment income.
HDFC AMC reported a profit of
