HDFC Asset Management Company (AMC) posted a robust 20% year-on-year increase in net profit for the third quarter, reaching Rs 770 crore, driven by higher assets under management (AUM) and steady fee income. The performance reflects sustained investor confidence, healthy fund flows, and improved operational efficiency across equity and debt schemes. Analysts note that the AMC’s diversified product portfolio and disciplined cost management have helped mitigate market volatility.