HDFC Asset Management Management
Management criteria checks 3/4
HDFC Asset Management's CEO is Navneet Munot, appointed in Feb 2021, has a tenure of 3.42 years. total yearly compensation is ₹84.75M, comprised of 54% salary and 46% bonuses, including company stock and options. directly owns 0.01% of the company’s shares, worth ₹89.87M. The average tenure of the management team and the board of directors is 1.3 years and 5.8 years respectively.
Key information
Navneet Munot
Chief executive officer
₹84.8m
Total compensation
| CEO salary percentage | 54.0% |
| CEO tenure | 3.4yrs |
| CEO ownership | 0.01% |
| Management average tenure | 1.3yrs |
| Board average tenure | 5.8yrs |
Recent management updates
Recent updates
Increases to HDFC Asset Management Company Limited's (NSE:HDFCAMC) CEO Compensation Might Cool off for now
Jul 19
HDFC Asset Management Company Limited Just Beat Revenue Estimates By 11%
Jul 17HDFC Asset Management's (NSE:HDFCAMC) Upcoming Dividend Will Be Larger Than Last Year's
Jun 18HDFC Asset Management (NSE:HDFCAMC) Is Paying Out A Larger Dividend Than Last Year
Jun 04HDFC Asset Management Company Limited (NSE:HDFCAMC) Just Released Its Annual Earnings: Here's What Analysts Think
Apr 22Here's Why We Think HDFC Asset Management (NSE:HDFCAMC) Is Well Worth Watching
Feb 26HDFC Asset Management Company Limited (NSE:HDFCAMC) Just Beat EPS By 11%: Here's What Analysts Are Forecasting For Next Year
Jan 14Risks To Shareholder Returns Are Elevated At These Prices For HDFC Asset Management Company Limited (NSE:HDFCAMC)
Jan 07Here's Why HDFC Asset Management (NSE:HDFCAMC) Has Caught The Eye Of Investors
Oct 29With EPS Growth And More, HDFC Asset Management (NSE:HDFCAMC) Makes An Interesting Case
Jul 26HDFC Asset Management (NSE:HDFCAMC) Is Paying Out A Larger Dividend Than Last Year
Jun 04HDFC Asset Management (NSE:HDFCAMC) Is Paying Out A Larger Dividend Than Last Year
May 21Should You Be Adding HDFC Asset Management (NSE:HDFCAMC) To Your Watchlist Today?
Jun 01Here's Why I Think HDFC Asset Management (NSE:HDFCAMC) Is An Interesting Stock
Feb 25Here's Why I Think HDFC Asset Management (NSE:HDFCAMC) Is An Interesting Stock
Nov 25Do HDFC Asset Management's (NSE:HDFCAMC) Earnings Warrant Your Attention?
Aug 16Here's Why We Think HDFC Asset Management (NSE:HDFCAMC) Is Well Worth Watching
May 03The Case For HDFC Asset Management Company Limited (NSE:HDFCAMC): Could It Be A Nice Addition To Your Dividend Portfolio?
Mar 13Would Shareholders Who Purchased HDFC Asset Management's (NSE:HDFCAMC) Stock Year Be Happy With The Share price Today?
Feb 20
CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Jun 30 2024 | n/a | n/a | ₹21b |
| Mar 31 2024 | ₹85m | ₹46m | ₹19b |
| Dec 31 2023 | n/a | n/a | ₹18b |
| Sep 30 2023 | n/a | n/a | ₹17b |
| Jun 30 2023 | n/a | n/a | ₹16b |
| Mar 31 2023 | ₹78m | ₹44m | ₹14b |
| Dec 31 2022 | n/a | n/a | ₹14b |
| Sep 30 2022 | n/a | n/a | ₹14b |
| Jun 30 2022 | n/a | n/a | ₹14b |
| Mar 31 2022 | ₹74m | ₹41m | ₹14b |
| Dec 31 2021 | n/a | n/a | ₹14b |
| Sep 30 2021 | n/a | n/a | ₹14b |
| Jun 30 2021 | n/a | n/a | ₹14b |
| Mar 31 2021 | ₹33m | ₹5m | ₹13b |
Compensation vs Market: Navneet's total compensation ($USD1.01M) is about average for companies of similar size in the Indian market ($USD1.22M).
Compensation vs Earnings: Navneet's compensation has been consistent with company performance over the past year.
CEO
Navneet Munot (53 yo)
3.4yrs
Tenure
₹84,750,644
Compensation
Mr. Navneet Munot, CFA, has been Managing Director, Chief Executive Officer and Director of HDFC Asset Management Company Limited since February 16, 2021. He served as the Chief Investment Officer at SBI F...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| MD, CEO & Director | 3.4yrs | ₹84.75m | 0.010% ₹ 89.9m | |
| Chief Financial Officer | 2.4yrs | no data | no data | |
| Head of Operations | no data | no data | 0.023% ₹ 205.2m | |
| Chief Investment Officer | no data | no data | no data | |
| Head of PMS Sales | no data | no data | no data | |
| Chief Compliance Officer | no data | no data | no data | |
| Head of Legal & Company Secretary | no data | no data | no data | |
| Co-Head of Sales & Distribution | no data | no data | 0.021% ₹ 188.4m | |
| Senior Vice President and Head of Sales and Distribution | no data | no data | no data | |
| Chief Digital & Marketing Officer | less than a year | no data | no data | |
| Executive VP & Head of Human Resources | no data | no data | 0.023% ₹ 201.7m | |
| Head of Fixed Income | no data | no data | 0.11% ₹ 966.7m |
1.3yrs
Average Tenure
56yo
Average Age
Experienced Management: HDFCAMC's management team is not considered experienced ( 1.3 years average tenure), which suggests a new team.
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| MD, CEO & Director | 3.4yrs | ₹84.75m | 0.010% ₹ 89.9m | |
| Chairman of the Board | 24yrs | ₹5.10m | 0.10% ₹ 919.5m | |
| Non-Executive Director | 24yrs | ₹4.50m | 0.079% ₹ 691.0m | |
| Non-Executive Independent Director | 5.8yrs | ₹5.20m | no data | |
| Non-Executive Independent Director | 5.8yrs | ₹5.00m | no data | |
| Additional Non-Executive Independent Women Director | 5.3yrs | ₹3.30m | no data | |
| Non-Executive Independent Director | 5.5yrs | ₹4.30m | no data | |
| Non-Executive Independent Director | 5.8yrs | ₹5.30m | no data | |
| Additional Non-Executive Non-Independent Director | less than a year | no data | no data |
5.8yrs
Average Tenure
60.5yo
Average Age
Experienced Board: HDFCAMC's board of directors are considered experienced (5.8 years average tenure).