HDFC Asset Management Company Ltd. or HDFC Mutual Fund is currently the largest mutual fund and actively managed equity mutual fund in India. It is one of the most profitable asset management companies (AMC) in the country. The company manages assets worth Rs. 432084.97 crores as of Mar 31 2022.
In the last 5 years, the CAGR of:
The company serviced more than 75000 empanelled distribution partners through 210 branches spread across more than 200 cities in India.
HDFC Asset Management Company Ltd. received approval to act as an AMC from SEBI back on 30 June 2000 under the registration number MF/044/00/6. It also offers portfolio management/non-binding investment advisory services since 18 September 2016 under the registration code PM /INP000000506 from SEBI.
Also see – Mutual Funds