Is HDFC Mutual Fund India's Leading Asset Manager?
HDFC Mutual Fund is recognized as India’s leading asset management company, notable for being the largest mutual fund as well as actively managed equity mutual fund in the nation. As of March 31, 2024, it administers assets worth Rs. 6.1L Cr crores. Over the past five years, it has exhibited significant growth in revenue, operating profit, and assets under management (AuM). The company boasts an extensive network, with over 75,000 distribution partners and 210 branches across 200+ cities in India.
HDFC Mutual Fund provides a wide array of mutual fund schemes catering to diverse investor needs including debt funds, hybrid funds, and equity funds across varying risk levels such as aggressive, conservative, and arbitrage categories. Leading funds include the HDFC Retirement Savings Fund Equity Plan, HDFC Balanced Advantage Fund, HDFC Mid-Cap Opportunities Fund, and HDFC Flexi Cap Fund, among others.
The AMC, HDFC Asset Management Company Ltd., comprises an adept team of fund managers including noted experts like Mr. Chirag Setalvad and Mr. Prashant Jain, known for securing reliable returns.
Investing in HDFC Mutual Fund is streamlined via the Groww platform, offering a smooth, digital investment process. Investors require an existing HDFC Bank account and should be KYC compliant to start investing. HDFC extends options suited for different investor objectives such as long-term wealth creation, tax savings, and regular income through a vast selection of mutual funds.
Investors regard HDFC Mutual Fund for its solid performance history, seasoned fund managers, and varied fund range complemented by investor-friendly processes. Aimed at generating long-term value, it is an excellent choice for those aspiring to grow their wealth and meet financial objectives.