Appointment of Mr. Rajan Anandan as an Invitee and External Expert on the Technology Committee of the Board of Directors of the Company
FinTech BizNews Service
Mumbai, April 16, 2026: HDFC Asset Management Company Limited today reported its financial performance for the quarter ended March 31, 2026.
CORPORATE HIGHLIGHTS
· QAAUM of Rs9,275 billion for the quarter ended March 31, 2026 compared to Rs7,740 billion for the quarter ended March 31, 2025, 11.4% market share in QAAUM of the mutual fund industry.
· QAAUM in actively managed equity-oriented funds i.e. equity oriented QAAUM excluding index funds stood at Rs5,657 billion for the quarter ended March 31, 2026 with a market share of 13.0%. The AMC is amongst the largest actively managed equity-oriented mutual fund managers in the country.
· The ratio of equity and non-equity oriented QAAUM is 65:35, compared to the industry ratio of 56:44 for the quarter ended March 31, 2026.
· 16.5 million Systematic transactions with a value of Rs48.8 billion processed during the month of March 2026.
· Over 1,09,000 empaneled distribution partners across MFDs, National Distributors and Banks, serviced through a total of 280 offices of which 196 are in B-30 locations. The contribution of B-30 locations to our total monthly average AUM for March 2026 is 19.2%.
· 68% of the company’s total monthly average AUM for March 2026 is contributed by individual investors compared to 60% for the industry.
· Total Live Accounts stood at 30.2 million as on March 31, 2026. Unique customers as identified by PAN or PEKRN now stands at 16.7 million as on March 31, 2026 compared to 61.4 million for the industry, a penetration of 27%.
FINANCIAL HIGHLIGHTS FOR THE FINANCIAL YEAR ENDED MARCH 31, 2026
• The Operating Profit of the company for the financial year ended March 31, 2026 was Rs32,114 million as compared to Rs27,261 million for the financial year ended March 31, 2025.
• Profit before tax for the financial year ended March 31, 2026 was Rs37,101 million as compared to Rs32,863 million for the financial year ended March 31, 2025.
• Profit after tax for the financial year ended March 31, 2026 was 28,592 million as compared to Rs24,609 million for the financial year ended March 31, 2025.
Appointment of Mr. Rajan Anandan as an Invitee and External ExpeRsrt on the Technology Committee of the Board of Directors of the Company
The Board of Directors of the Company, at their meeting held on April 16, 2026, have approved the appointment of Mr. Rajan Anandan as an Invitee and External Expert on the Technology Committee, a sub-committee of the Board of Directors, to provide an independent, high-level guidance and advise in the technology-related matters. Mr. Anandan’s appointment is for a period of three (3) years, effective from April 16, 2026, in accordance with the terms approved by the Board.
Mr. Anandan is currently a Managing Director at Peak XV Partners, a leading venture capital and growth investment firm. Prior to joining Peak XV, he served as Head of Google India and Southeast Asia, where he played a pivotal role in expanding the region’s internet ecosystem while accelerating Google’s innovation and growth initiatives.
Mr. Anandan has also led Microsoft and Dell in India, and earlier in his career, he was a Partner at McKinsey & Company in Chicago. His deep understanding of technology, combined with a proven track record of building future- ready businesses will help us in further strengthening our commitment to technology and its alignment with the business strategy.
