03 September 2020

Staying A Leader

Himali Patel
wo years post raising `2,800 crore through IPO, HDFC Asset Management Company (AMC) garnered  subscription upto 83 times in July 2018, marking its journey as a publicly listed company. Being the second largest AMC by size of Asset Under Management (AUM), it is managing `3.57 lakh crore. Principal shareholders include Housing Development Finance Corporation Limited (HDFC) and Standard Life Investments Limited (SLI), who own 52.8 per cent and 26.9 per cent stake respectively. HDFC AMC provides a large suite of savings and investment products across various asset classes like equity, debt and ETFs among others that provide income and wealth creation opportunities to customers. “Its diversified product mix, which includes 27 equity-oriented schemes, 98 debt schemes (including 72 Fixed Maturity Plans (FMPs)), three liquid schemes, and five other schemes (including exchange-traded...
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