HDFC Asset Management Co Ltd (HDFC AMC), a subsidiary of Housing Development Finance Corporation Ltd, offers mutual funds. The company’s fund portfolio provides HDFC equity savings fund, HDFC debt fund, HDFC equity fund, balanced advantage fund, HDFC multi-asset fund, HDFC children's gift fund and HDFC retirement savings fund. It also provides money market fund, equity saving fund, focused fund, floater fund, gilt fund, value fund, corporate bond fund, dynamic bond fund and liquid fund. The company has partners across India, which consists of national distributors and banks. HDFC AMC is headquartered in Mumbai, Maharashtra, India.
Headquarters
India
Address
Hdfc House, 2nd Floor, H. T. Parekh Mar, 165-166, Backbay Reclamation,Churchgate, Mumbai, Maharashtra, 400020
Website
www.hdfcfund.com
Telephone
91 22 66316333
No of Employees
1,281
Industry
Financial Services
Ticker Symbol & Exchange
HDFCAMC (NSE)
Revenue (2023)
$311.9M
2.2%
(2023 vs 2022)
EPS
XYZ
Net Income (2023)
XYZ
2.2%
(2023 vs 2022)
Market Cap*
$9.3B
Net Profit Margin (2023)
XYZ
0.0%
(2023 vs 2022)
* As of and is in US$
HDFC Asset Management Co Ltd premium industry data and analytics
Products and Services
| Products | Services |
|---|---|
| Funds | Portfolio Management Services |
| Separately Managed Account Services |
History
History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.
| Year | Event | Description |
|---|---|---|
| 2023 | Plans/Strategy | In September, the company announced its plans to acquire 9.5% stake in The Federal Bank, Equitas Small Finance Bank and in City Union Bank. |
| 2023 | Plans/Strategy | In September, the company announced its plans to acquire 9.5% stake in Karur Vysya Bank. |
| 2023 | Plans/Strategy | In September, the company announced its plans to acquire 9.5% stake in DCB Bank. |
Competitor Comparison
| Key Parameters | HDFC Asset Management Co Ltd | Nippon Life India Asset Management Ltd | IL&FS Investment Managers Ltd | BNP Paribas Asset Management | ICICI Prudential Mutual Fund |
|---|---|---|---|---|---|
| Headquarters | India | India | India | France | India |
| City | Mumbai | Mumbai | Mumbai | Paris | Delhi |
| State/Province | Maharashtra | Maharashtra | Maharashtra | Ile-de-France | Delhi |
| No. of Employees | 1,281 | 1,007 | 17 | - | - |
| Entity Type | Public | Public | Public | Private | Private |
Key Financial Charts
Sales Growth
Net Income Growth
Executives
| Name | Position | Board | Since | Age |
|---|---|---|---|---|
| Navneet Munot | Chief Executive Officer; Managing Director | Executive Board | 2021 | - |
| Deepak S Parekh | Chairman | Non Executive Board | 2000 | - |
| Naozad Sirwalla | Chief Financial Officer | Senior Management | 2022 | - |
| Leena Vijayvargiy | Chief Risk Officer | Senior Management | - | - |
| Supriya Sapre | Chief Compliance Officer | Senior Management | - | - |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
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