Shares of HDFC Asset Management Company (AMC) snapped their three-day winning run and dipped 3 per cent to Rs 2,777.25 in intra-day session on Wednesday following the company's March quarter results as the lower-than-expected AUM (asset under management) growth and continued loss in market share concerned investors. The company on Tuesday reported a 26.52 per cent year-on-year (YoY) growth in profit after tax (PAT) at Rs 316.08 crore for the three months to March 2021. In comparison, the company had posted a PAT of Rs 249.83 crore in the same period a year ago. Total income rose by 21.34 per cent YoY to Rs 545.57 crore from Rs 449.62 crore in the same quarter of the preceding fiscal. Meanwhile, its AUM rose 12 per cent YoY to Rs 4,15,600 crore as of end-March, compared to Rs 3,69,800 crore in March 2020.