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HDFC Asset Management Company soars on reporting 52% rise in Q1 net profit

HDFC Asset Management Company soars on reporting 52% rise in Q1 net profit
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HDFC AMC revenue yield falls on growing AUM, brokerages offer mixed verdict

Analysts at HSBC noted that HDFC AMC has managed to increase its market share in AUM by 10 basis points quarter-on-quarter. However, there are concerns regarding the pressure from income yields

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