CAMS posted a steady set of numbers in terms of business growth, which was in line with industry. A similar performance was reflected in its topline growth while cost controls and reduced tax boosted bottomline. For CAMS, average assets under management (AAUM) serviced increased 19.2% YoY, 7.3% QoQ to Rs. 22.3 lakh crore, largely in line with the industry AAUM growth of 18.9% YoY. Equity AAUM increased 18.5% YoY, 12.1% QoQ to Rs. 7.9 lakh crore (calculated) while debt AAUM surged 19.6% YoY to Rs. 14.4 lakh crore. On a sequential basis, equity asset mix increased marginally by 1% to 35%.
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