HDFC Asset Management Co Ltd (NSE:HDFCAMC)
₹ 4397.5 -52.55 (-1.18%) Market Cap: 939.41 Bil Enterprise Value: 939.10 Bil PE Ratio: 42.58 PB Ratio: 13.81 GF Score: 95/100

Q1 2023 HDFC Asset Management Company Ltd Earnings Call Transcript

Jul 22, 2022 / 11:30AM GMT
Release Date Price: ₹1901.75 (-1.21%)
Operator

Ladies and gentlemen, good day, and welcome to Q1 FY '23 Earnings Conference Call of HDFC Asset Management Company Limited. From the management team, we have with us Mr. Navneet Munot; Mr. Naozad Sirwalla; and Mr. Simal Kanuga. (Operator Instructions) Please note that this conference is being recorded. I now hand the conference over to Mr. Simal Kanuga, who will give us a brief following which, we will proceed with the Q&A session. Thank you, and over to you, Mr. Kanuga.

Simal Kanuga
HDFC Asset Management Company Limited - Head of PMS Sales, New Initiatives & Product Dev., Co-Head of Intl Business and Chief IR Officer

Thank you so much, John. Good evening, and we really appreciate all of you taking time out for this call on Friday. The results for the quarter ended June 22, along with a brief business update, is available on our website under the AMC shareholder tab and also on the exchanges.

Let me start off on the industry. So net flows for the industry continues to remain strong. I'm talking about the equity flows. During the quarter,

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