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HDFC AMC announces Change in Risk-o-meter HDFC Asset Management Company (AMC) has announced addendum to the Scheme Information Document (SID) / Key Information Memorandum (KIM) of Schemes of HDFC Mutual Fund. In compliance with clause 17.4.1.h of the Master Circular dated May 19, 2023, HDFC Mutual Fund has informed that the Risk-o-meters of the following Schemes of HDFC Mutual Fund stand revised as follows: The Risk-o-meter of HDFC FMP 1269D March 2023 - Series 47 has been revised from ‘Moderate’ to ‘Low to Moder...
HDFC AMC announces Change in Risk-o-meter
HDFC AMC announces Change in Risk-o-meter
Source: Accord Fintech
8/09/2023 3:47:36 PM
HDFC AMC announces change in Information on Key Personnel HDFC Asset Management Company (AMC) has announced addendum to the Statement of Additional Information (SAI) of HDFC Mutual Fund. HDFC Mutual Fund has informed that Nikhil Mathur, a Key Personnel of AMC, who is presently designated as ‘Senior Equity Analyst’ has now been re-designated as ‘Fund Manager and Senior Equity Analyst’ with effect from August 28, 2023. Accordingly, his designation appearing in Section ‘Information on Key Personnel’ of the SAI of ...
HDFC AMC announces change in Information on Key Personnel
HDFC AMC announces change in Information on Key Personnel
Source: Accord Fintech
28/08/2023 2:51:20 PM
HDFC International Life & Re, IFSC Branch & HDFC AMC International (IFSC) announce new global propositions from GIFT City - IFSC Two of the HDFC Bank group companies are set to commence operations from GIFT City – IFSC. HDFC International Life and Re, IFSC Branch HDFC Life, one of India’s leading insurers has announced that the overseas branch of its international subsidiary HDFC International Life and Re, will now offer US Dollar denominated life and health insurance solutions for Non-Resident Indians (NRIs) from GIFT City – IFSC, India under the brand name HDFC Life International. HDFC...
HDFC International Life & Re, IFSC Branch & HDFC AMC International (IFSC) announce new global propositions from GIFT City - IFSC
HDFC International Life & Re, IFSC Branch & HDFC AMC International (IFSC) announce new global propositions from GIFT City - IFSC
Source: PR Agency
17/08/2023 5:12:05 PM
Buy HDFC Asset Management Ltd For Target Rs. 2,760 - JM Financial Institutional Securities HDFCAMC reported an operating PBT of INR 4.1bn (+5% QoQ, +11% YoY) resulting in core PBT margins of 34bps (-1bps QoQ). The moderation was in-line with expectations driven by a) minor dip in top-line yields (-1bps QoQ) as high yielding stock AUM is being replaced by low yielding flows and b) slightly higher employee opex (+17% QoQ) on account of ESOP charge which was indicated in 4Q24 itself. Management stated that the pace of dilution in top-line yields has moderated. MF QUAAM increased by +8...
Buy HDFC Asset Management Ltd For Target Rs. 2,760 - JM Financial Institutional Securities
Buy HDFC Asset Management Ltd For Target Rs. 2,760 - JM Financial Institutional Securities
Source: JM Financial Institutional Securities Ltd
28/07/2023 3:58:25 PM
HDFC AMC announces change in Benchmark Index of Multi-Asset Fund HDFC Asset Management Company (AMC) has announced addendum to the Scheme Information Document (SID) / Key Information Memorandum (KIM) of HDFC Multi-Asset Fund. As advised by SEBI vide its circular, mutual fund schemes have to adopt uniform benchmarks as notified by AMFI from time to time. Pursuant to framework issued in this regard by SEBI and AMFI, HDFC Mutual Fund has informed that the Benchmark Index of HDFC Multi-Asset Fund (‘the Scheme’) under the scheme category ‘M...
HDFC AMC announces change in Benchmark Index of Multi-Asset Fund
HDFC AMC announces change in Benchmark Index of Multi-Asset Fund
Source: Accord Fintech
27/07/2023 11:20:45 AM
Hold HDFC Asset Management Company Ltd For Target Rs.2,550 - ICICI Securities Earnings to remain under pressure from dipping yields despite improved business performance HDFC AMC reported an EBITDA of INR 4.3bn, up 4% QoQ (highest in last 21 quarters wherein the average EBITDA was ~INR 4bn). There is strong improvement in fund performance which has led to superior business metrics such as gain in equity market share, unique investor share, and gain in flow market share in equity segment across channels. Higher AUM accretion from parent channel post-merger is also an...
Hold HDFC Asset Management Company Ltd For Target Rs.2,550 - ICICI Securities
Hold HDFC Asset Management Company Ltd For Target Rs.2,550 - ICICI Securities
Source: ICICI Securities
26/07/2023 1:20:45 PM
HDFC Asset Management Company soars on reporting 52% rise in Q1 net profit HDFC Asset Management Company is currently trading at Rs. 2523.80, up by 26.50 points or 1.06% from its previous closing of Rs. 2497.30 on the BSE. The scrip opened at Rs. 2501.95 and has touched a high and low of Rs. 2537.00 and Rs. 2464.85 respectively. So far 16881 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 5 has touched a 52 week high of Rs. 2552.00 on 20-Jul-2023 and a 52 week low of Rs. 1595.25 on 20-Mar-2023. Last one week high and low...
HDFC Asset Management Company soars on reporting 52% rise in Q1 net profit
HDFC Asset Management Company soars on reporting 52% rise in Q1 net profit
Source: Accord Fintech
25/07/2023 1:58:03 PM
HDFC AMC operating profit for the Quarter ended June 30, 2023 at 4,133 million, an increase of 11% over Quarter ended June 30, 2022 HDFC Asset Management Company Limited today reported its financial performance for the quarter ended June 30, 2023. CORPORATE HIGHLIGHTS • QAAUM of ?4,857 billion for the quarter ended June 30, 2023 compared to ?4,153 billion for the quarter ended June 30, 2022, 11.3% market share in QAAUM of the mutual fund industry. • QAAUM in actively managed equity-oriented funds i.e. equity oriented QAAUM excluding index funds stood at ?2,488 billion for the quarter ended June 30, 2023...
HDFC AMC operating profit for the Quarter ended June 30, 2023 at 4,133 million, an increase of 11% over Quarter ended June 30, 2022
HDFC AMC operating profit for the Quarter ended June 30, 2023 at 4,133 million, an increase of 11% over Quarter ended June 30, 2022
Source: PR Agency
24/07/2023 4:27:31 PM
HDFC AMC announces change in OPA List HDFC Asset Management Company (AMC) has announced addendum to the Scheme Information Document / Key Information Memorandum of Schemes of HDFC Mutual Fund. HDFC Mutual Fund has informed about following addition to the list of Investor Service Centre (ISC) of HDFC Asset Management Company (AMC) which will act as the official point of acceptance (OPA) for transactions in the Schemes of HDFC Mutual Fund with effect from July 18, 2023.  Address: HDFC Asset Management Company, Shop no-04,1s...
HDFC AMC announces change in OPA List
HDFC AMC announces change in OPA List
Source: Accord Fintech
19/07/2023 2:25:28 PM
HDFC AMC announces change in risk-o-meter under Money Market Fund & Nifty G-sec Dec 2026 Index Fund HDFC Asset Management Company (AMC) has announced addendum to the Scheme Information Document (SID) / Key Information Memorandum (KIM) of Schemes of HDFC Mutual Fund. HDFC Mutual Fund has informed that in compliance with clause 17.4.1.h of the SEBI Master Circular for Mutual Funds dated May 19, 2023, the Risk-o-meters of the below Scheme of HDFC MF stand revised as follows: The Risk-o-meter of HDFC Money Market Fund stands revised from ‘Low to Moderate’ to ‘Moderate&rsquo...
HDFC AMC announces change in risk-o-meter under Money Market Fund & Nifty G-sec Dec 2026 Index Fund
HDFC AMC announces change in risk-o-meter under Money Market Fund & Nifty G-sec Dec 2026 Index Fund
Source: Accord Fintech
7/07/2023 4:06:31 PM
HDFC AMC announces change in sponsor HDFC Asset Management Company (AMC) has announced Addendum to the Scheme Information Documents (SIDs) / Key Information Memorandums (KIMS) of all Schemes / Statement of Additional Information (SAI) of HDFC Mutual Fund. HDFC Mutual Fund has informed that with reference to its notice-cum-Addendum dated May 12, 2023 informing about the proposed change in control of HDFC Asset Management Company (HDFC AMC) and change in Sponsor of HDFC Mutual Fund on account of the proposed merger of Housing D...
HDFC AMC announces change in sponsor
HDFC AMC announces change in sponsor
Source: Accord Fintech
3/07/2023 4:13:26 PM
HDFC AMC announces change in address of OPA HDFC Asset Management Company (AMC) has announced addendum to the Scheme Information Document / Key Information Memorandum of Scheme(s) of HDFC Mutual Fund (MF). HDFC MF has informed that Official Point of Acceptance (OPA) of the Computer Age Management Services (CAMS), Registrar and Transfer Agent for transactions in the Schemes of HDFC Mutual Fund located at ‘CAMS Service Centre, AKT Complex, 2nd Floor, No. 1, 3, New Sankaranpalayam Road, Tollgate, Vellore- 632001’ is shiftin...
HDFC AMC announces change in address of OPA
HDFC AMC announces change in address of OPA
Source: Accord Fintech
30/06/2023 4:21:53 PM
HDFC Mutual Fund launches HDFC Non-Cyclical Consumer Fund HDFC Asset Management Co. Ltd., investment manager to HDFC Mutual Fund (HDFC MF), one of India’s leading mutual fund houses has announced the launch of HDFC Non-Cyclical Consumer Fund that intends to invest across India’s consumption categories with a bottom-up stock selection approach for portfolio construction. The captioned NFO opens on June 23, 2023, and closes on July 07, 2023.   The fund’s investment strategy includes core of the portfolio (at leas...
HDFC Mutual Fund launches HDFC Non-Cyclical Consumer Fund
HDFC Mutual Fund launches HDFC Non-Cyclical Consumer Fund
Source: PR Agency
22/06/2023 5:03:53 PM
HDFC Mutual Fund launches HDFC Non-Cyclical Consumer Fund HDFC Asset Management Co. Ltd., investment manager to HDFC Mutual Fund (HDFC MF), one of India’s leading mutual fund houses has announced the launch of HDFC Non-Cyclical Consumer Fund that intends to invest across India’s consumption categories with a bottom-up stock selection approach for portfolio construction. The captioned NFO opens on June 23, 2023, and closes on July 07, 2023.   The fund’s investment strategy includes core of the portfolio (at...
HDFC Mutual Fund launches HDFC Non-Cyclical Consumer Fund
HDFC Mutual Fund launches HDFC Non-Cyclical Consumer Fund
Source: PR Agency
20/06/2023 12:44:12 PM
HDFC AMC informs about change in provisions of investments under minor’s name HDFC Asset Management Company (AMC) has announced addendum to the Scheme Information Document (SID) / Key Information Memorandum (KIM) of Schemes of HDFC Mutual Fund. Pursuant to SEBI Circular no. SEBI/HO/IMD/POD-II/CIR/P/2023/0069 dated May 12, 2023, HDFC Mutual Fund has informed that the following provisions with respect to investments in the name of minors in SID / KIM shall stand modified with effect from June 15, 2023 (Effective Date):  Investments (including through existing SIP...
HDFC AMC informs about change in provisions of investments under minor’s name
HDFC AMC informs about change in provisions of investments under minor’s name
Source: Accord Fintech
13/06/2023 3:45:30 PM
Why Self-reliance in defence is important? Naveen Gogia, Executive Vice President & Co-Head - Sales & Distribution - HDFC Asset Management Co. Ltd India in Amrit-Kaal is gearing up to take centre stage on the global front. This journey, though remarkable, may not be without challenges. In modern history, India has fought several wars and faced numerous threats to its national security. Here is a brief history of Indian wars: * First India-Pakistan War (1947-1948): The first war between India and Pakistan began soon after...
Why Self-reliance in defence is important?
Why Self-reliance in defence is important?
Source: PR Agency
25/05/2023 7:31:07 PM
HDFC AMC announces change in address of OPA HDFC Asset Management Company (AMC) has announced addendum to the Scheme Information Document / Key Information Memorandum of Scheme(s) of HDFC Mutual Fund (MF). HDFC MF has informed that Investor Service Centre (ISC) of HDFC AMC which will act as the official point of acceptance (OPA) for transactions in the Schemes of HDFC Mutual Fund located at ‘HDFC AMC, 2nd Floor, Rama Trade Centre, Opposite Rajiv Plaza, Near Bus stand, Bilaspur -495001, Chhattisgarh. Tel: (07752) 400305/06&rsqu...
HDFC AMC announces change in address of OPA
HDFC AMC announces change in address of OPA
Source: Accord Fintech
19/05/2023 2:45:07 PM
HDFC AMC announces change in address of OPA HDFC Asset Management Company (AMC) has announced addendum to the Scheme Information Document / Key Information Memorandum of Scheme(s) of HDFC Mutual Fund (MF). HDFC MF has informed that Investor Service Centre (ISC) of HDFC AMC which will act as the official point of acceptance (OPA) for transactions in the Schemes of HDFC Mutual Fund located at ‘HDFC AMC, 2nd Floor, Rama Trade Centre, Opposite Rajiv Plaza, Near Bus stand, Bilaspur -495001, Chhattisgarh. Tel: (07752) 400305/06&rsqu...
HDFC AMC announces change in address of OPA
HDFC AMC announces change in address of OPA
Source: Accord Fintech
19/05/2023 12:53:17 PM
HDFC AMC informs about change in Information on Key Personnel HDFC Asset Management Company (AMC) has announced addendum to the Statement of Additional Information (SAI) of HDFC Mutual Fund (MF). HDFC MF has informed that Abhishek Poddar, a Key Personnel of HDFC Asset Management Company, who is presently designated as ‘Senior Equity Analyst’ has now been re-designated as ‘Senior Equity Analyst and Fund Manager’ with effect from May 12, 2023. Accordingly, his designation appearing in Section ‘Information on Key Personnel&...
HDFC AMC informs about change in Information on Key Personnel
HDFC AMC informs about change in Information on Key Personnel
Source: Accord Fintech
12/05/2023 2:44:10 PM
On top of the world, yet a long way to go By Navneet Munot, HDFC AMC There is one trivia question that almost everyone has been getting right over the years: "Which is the most populous country in the world?" The answer has always been China. This is a statistic for which the ‘Numero Uno’ position did not change for a very long time. However, this April, the answer changed as China lost the population crown to India. This did not go unnoticed, especially since India is the world’s largest democracy and always captures the attenti...
On top of the world, yet a long way to go By Navneet Munot, HDFC AMC
On top of the world, yet a long way to go By Navneet Munot, HDFC AMC
Source: PR Agency
12/05/2023 11:20:11 AM
HDFC AMC announces change in risk-o-meter under various schemes HDFC Asset Management Company (AMC) has announced addendum to the Scheme Information Document (SID) / Key Information Memorandum (KIM) of Schemes of HDFC Mutual Fund (MF). HDFC MF has informed that, in compliance with SEBI Circular No. SEBI/HO/IMD/DF3/CIR/P/2020/197 dated October 05, 2020, the Risk-o-meters of the below Scheme of HDFC MF stand revised as under:  The Risk-o-meter of HDFC FMP 1359D September 2022, HDFC NIFTY SDL Oct 2026 Index Fund, HDFC Money Market Fund & HDFC Liq...
HDFC AMC announces change in risk-o-meter under various schemes
HDFC AMC announces change in risk-o-meter under various schemes
Source: Accord Fintech
10/05/2023 3:44:18 PM
HDFC AMC announces change in Minimum Application amount in ETF HDFC Asset Management Company (AMC) has announced Addendum to the Scheme Information Documents (SIDs) / Key Information Memorandums (KIMs) of all Exchange Traded Funds of HDFC Mutual Fund. HDFC Mutual Fund has informed that the minimum application amount for Large Investors for redemption or subscription into Exchange Traded Funds (ETF) directly with the Fund is above Rs 25 crore and in multiples of Creation Unit Size. Further, pursuant to SEBI Clarification dated April 28, 2023, the said ...
HDFC AMC announces change in Minimum Application amount in ETF
HDFC AMC announces change in Minimum Application amount in ETF
Source: Accord Fintech
4/05/2023 4:16:59 PM
HDFC AMC announces changes in OPA List HDFC Asset Management Company (AMC) has announced addendum to the Scheme Information Document(s) / Key Information Memorandum(s) of Scheme(s) of HDFC Mutual Fund (MF). HDFC MF has informed about following addition in Investor Service Centre (ISC) of HDFC AMC, which is the Official Point of Acceptance (OPA) for transactions in the Schemes of HDFC MF with effect from May 2, 2023.  1) Address: HDFC Asset Management Company, Ground Floor, Ghanshyam Bhavan, Opposite Police Headquarter, ...
HDFC AMC announces changes in OPA List
HDFC AMC announces changes in OPA List
Source: Accord Fintech
2/05/2023 3:20:34 PM
HDFC AMC announces changes in OPA List HDFC Asset Management (AMC) has announced addendum to the Scheme Information Document / Key Information Memorandum of Schemes of HDFC Mutual Fund (MF). HDFC MF has informed about following addition to the list of Official Point of Acceptance (OPA) of the Computer Age Management Services (CAMS), Registrar and Transfer Agent for transactions in the Schemes of HDFC MF with effect from April 26, 2023. Address: CAMS Service Centre Bhubandanga, Opposite Shiv Shambhu Rice Mill, 1st Floor, Bolpur ...
HDFC AMC announces changes in OPA List
HDFC AMC announces changes in OPA List
Source: Accord Fintech
26/04/2023 3:29:14 PM
HDFC AMC net profit for the Financial Year ended March 31, 2023 at 14,239 million, an increase of 2% over Financial Year ended March 31, 2022. Mumbai: HDFC Asset Management Company Limited today reported its financial performance for the quarter ended March 31, 2023. CORPORATE HIGHLIGHTS • QAAUM of ?4,498 billion for the quarter ended March 31, 2023 compared to ?4,321 billion for the quarter ended March 31, 2022, 11.1% market share in QAAUM of the mutual fund industry. • QAAUM in actively managed equity-oriented funds i.e. equity oriented QAAUM excluding index funds stood at ?2,317 billion for the quarter ended Ma...
HDFC AMC net profit for the Financial Year ended March 31, 2023 at 14,239 million, an increase of 2% over Financial Year ended March 31, 2022.
HDFC AMC net profit for the Financial Year ended March 31, 2023 at 14,239 million, an increase of 2% over Financial Year ended March 31, 2022.
Source: PR Agency
25/04/2023 7:28:23 PM
HDFC AMC announces change in minimum redemption amount under SWAP HDFC Asset Management (AMC) has addendum to the Scheme Information Document (SID) / Key Information Memorandum (KIM) of Schemes of HDFC Mutual Fund (MF). HDFC MF has informed that the minimum amount for withdrawal under Fixed Plan of the SWAP facility for new enrollments shall stand revised from May 2, 2023 (‘Effective Date’): For all schemes except HDFC TaxSaver, HDFC Liquid Fund and HDFC Overnight Fund the Minimum amount for withdrawal under Fixed Plan of the SWAP facility is...
HDFC AMC announces change in minimum redemption amount under SWAP
HDFC AMC announces change in minimum redemption amount under SWAP
Source: Accord Fintech
21/04/2023 4:30:05 PM
HDFC AMC announces change in benchmark of Floating Rate Debt Fund HDFC Asset Management (AMC) has addendum of the Scheme Information Documents / Key Information Memoranda of HDFC Floating Rate Debt Fund of HDFC Mutual Fund (MF). HDFC MF has informed that, HDFC Trustee Company, the Trustee to HDFC MF has revised the Benchmark Index of HDFC Floating Rate Debt Fund (the scheme) from Existing ‘NIFTY Low Duration Debt Index’ to ‘CRISIL Short Term Bond Fund Index’ with effect from April 1, 2023. This addendum shall form an integral p...
HDFC AMC announces change in benchmark of Floating Rate Debt Fund
HDFC AMC announces change in benchmark of Floating Rate Debt Fund
Source: Accord Fintech
3/04/2023 11:57:18 AM
HDFC AMC announces changes in OPA List HDFC Asset Management Company (AMC) has announced addendum to the Scheme Information Document / Key Information Memorandum of Scheme(s) of HDFC MF. HDFC MF (Mutual Fund) has informed that the following Official Point of Acceptance (OPA) of the Computer Age Management Services (CAMS), Registrar and Transfer Agent designated as Limited Transaction Point (LTP) will act as the Investor Service Centre (ISC) for all the Schemes of HDFC MF including HDFC Arbitrage Fund, HDFC Liquid Fund and HDFC ...
HDFC AMC announces changes in OPA List
HDFC AMC announces changes in OPA List
Source: Accord Fintech
21/03/2023 2:34:34 PM
HDFC AMC announces Change in creation Unit Size of S&P BSE 500 ETF HDFC Asset Management Company (AMC) has announced Addendum to the Scheme Information Document (SID) and Key Information Memorandum (KIM) of HDFC S&P BSE 500 ETF. HDFC Mutual Fund (MF) has informed that, Creation unit size of HDFC S&P BSE 500 ETF (‘the Scheme’) for direct transactions with HDFC MF, shall stand revised with effect from March 2, 2023. The Existing creation unit size is 11,55,000 units while, Revised creation unit size is 4,15,000 units. All other terms ...
HDFC AMC announces Change in creation Unit Size of S&P BSE 500 ETF
HDFC AMC announces Change in creation Unit Size of S&P BSE 500 ETF
Source: Accord Fintech
2/03/2023 4:18:49 PM
HDFC Mutual Fund launches HDFC MNC Fund An open-ended equity scheme following multinational company (MNC) theme HDFC Asset Management Company Limited (HDFC AMC), investment manager to HDFC Mutual Fund (HDFC MF), one of India’s leading mutual fund houses has announced the launch of HDFC MNC Fund, which will invest predominantly in MNCs (Multi-National Companies) across sectors and market cap segment.   HDFC MNC Fund will invest at least 80% of Net Assets in equity and equity related instruments of M...
HDFC Mutual Fund launches HDFC MNC Fund
HDFC Mutual Fund launches HDFC MNC Fund
Source: PR Agency
22/02/2023 1:38:50 PM
HDFC Mutual Fund announces NFO of HDFC S&P BSE 500 ETF, HDFC NIFTY Midcap 150 ETF, HDFC NIFTY Smallcap 250 ETF Mumbai: HDFC Asset Management Co. Ltd., investment manager to HDFC Mutual Fund (HDFC MF), one of India’s leading mutual fund houses, has announced the launch of three schemes – HDFC S&P BSE 500 ETF, HDFC NIFTY Midcap 150 ETF & HDFC NIFTY Smallcap 250 ETF. The launch of these schemes will expand the suite of HDFC MF Index Solutions, and allow investors to participate in the India growth story in a diversified manner. The respective indices offer diversified exposure to l...
HDFC Mutual Fund announces NFO of HDFC S&P BSE 500 ETF, HDFC NIFTY Midcap 150 ETF, HDFC NIFTY Smallcap 250 ETF
HDFC Mutual Fund announces NFO of HDFC S&P BSE 500 ETF, HDFC NIFTY Midcap 150 ETF, HDFC NIFTY Smallcap 250 ETF
Source: PR Agency
9/02/2023 4:01:44 PM
HDFC AMC announces Extension of NFO period HDFC Asset Management Company (AMC) has announced addendum to the Scheme Information Document (SID) / Key Information Memorandum (KIM) of HDFC S&P BSE 500 ETF, HDFC NIFTY Midcap 150 ETF and HDFC NIFTY Smallcap 250 ETF. HDFC MF has informed that the closing date of New Fund Offer (NFO) of HDFC S&P BSE 500 ETF, HDFC NIFTY Midcap 150 ETF and HDFC NIFTY Smallcap 250 ETF (‘the Schemes’), has been extended from February 09, 2023 to February 13, 2023. Accordingly, the NFO of t...
HDFC AMC announces Extension of NFO period
HDFC AMC announces Extension of NFO period
Source: Accord Fintech
9/02/2023 12:43:31 PM
Post Budget Quote : Focus on capex, job creation and special mention of financial sector reforms are encouraging Says Navneet Munot, HDFC Asset Management Below is Post Budget Quote By Mr. Navneet Munot - MD & CEO, HDFC Asset Management Co Ltd Balancing the expectations of an aspirational country like ours with fiscal prudence is no mean task. The first budget of ‘Amritkaal’ did a fine job of balancing the two, especially against a challenging global backdrop. This budget builds up on the reforms initiated over the past few years with a focus on improving India’s growth potential and quality of life. Continued focus on ...
Post Budget Quote : Focus on capex, job creation and special mention of financial sector reforms are encouraging Says Navneet Munot, HDFC Asset Management
Post Budget Quote : Focus on capex, job creation and special mention of financial sector reforms are encouraging Says Navneet Munot, HDFC Asset Management
Source: PR Agency
2/02/2023 3:35:59 PM
HDFC AMC net profit for the quarter ended December 31, 2022 at ?3,695 million, an increase of 3% over quarter ended December 31, 2021 CORPORATE HIGHLIGHTS QAAUM of ?4,448 billion for the quarter ended December 31, 2022 compared to ?4,471 billion for the quarter ended December 31, 2021, 11.0% market share in QAAUM of the mutual fund industry. QAAUM in actively managed equity-oriented funds i.e. equity oriented QAAUM excluding index funds stood at ?2,269 billion for the quarter ended December 31, 2022 with a market share of 11.7%. The AMC is amongst the largest actively managed equity-oriented mutual fund managers in th...
HDFC AMC net profit for the quarter ended December 31, 2022 at ?3,695 million, an increase of 3% over quarter ended December 31, 2021
HDFC AMC net profit for the quarter ended December 31, 2022 at ?3,695 million, an increase of 3% over quarter ended December 31, 2021
Source: PR Agency
24/01/2023 5:05:14 PM
HDFC Asset Management Company announces Change in Creation unit size under Nifty 100 ETF HDFC Asset Management Company (AMC) has announced Addendum to the Scheme Information Document (SID) and Key Information Memorandum (KIM) of HDFC Nifty 100 ETF. HDFC MF has informed that, Creation unit size of HDFC Nifty 100 ETF (‘the Scheme’) for direct transactions with HDFC Mutual Fund, shall stand revised with effect from January 30, 2023. The Existing creation unit Size is 50,000 units and Revised creation unit size will be 30,000 units. All other terms and conditions of...
HDFC Asset Management Company announces Change in Creation unit size under Nifty 100 ETF
HDFC Asset Management Company announces Change in Creation unit size under Nifty 100 ETF
Source: Accord Fintech
24/01/2023 11:13:49 AM
Bond yields seen flat with market focus on December inflation readings MUMBAI - Indian government bond yields are expected to be largely unchanged on Thursday, as market focus remained on inflation readings from India and the United States that are likely to provide cues on the central banks' rate-hike trajectory. The benchmark 10-year yield is expected to move in a range of 7.27% to 7.32%, a trader with a private bank said. The yield ended lower at 7.2913% on Wednesday and has fallen eight basis points in the previous three sessions. Since this w...
Bond yields seen flat with market focus on December inflation readings
Bond yields seen flat with market focus on December inflation readings
Source: Reuters
12/01/2023 8:56:22 AM
HDFC AMC announces change in scheme name and benchmark of Nifty G-Sec Sep 2032 V1 Index Fund HDFC Asset Management Company (AMC) has announced addendum to the Scheme Information Document (SID) / Key Information Memorandum (KIM) of HDFC Nifty G-Sec Sep 2032 V1 Index Fund. HDFC Mutual Fund (MF) has been decided to revise the Scheme and Benchmark name of HDFC Nifty G-Sec Sep 2032 V1 Index Fund to reflect the revised name of the benchmark as under: The Revised scheme name is HDFC Nifty G-Sec Sep 2032 Index Fund and Revised Benchmark is Nifty G-Sec Sep 2032 Index. All other terms an...
HDFC AMC announces change in scheme name and benchmark of Nifty G-Sec Sep 2032 V1 Index Fund
HDFC AMC announces change in scheme name and benchmark of Nifty G-Sec Sep 2032 V1 Index Fund
Source: Accord Fintech
30/12/2022 10:51:02 AM
Tech Stars: Buy HDFC Asset Management Ltd For Target Rs. 2480 - Religare Broking TECHNICAL RATIONALE HDFC AMC has been gradually inching higher after breakout from a reversal pattern. The recent pause is offering fresh buying opportunity to those who missed the chance earlier. We thus recommend accumulating in the mentioned zone. Buy HDFC Asset Management Ltd CMP: 2237.80, Initiation Range: 2250-2260, Stop Loss: 2110, Target: 2480   To Read Complete Report & Disclaimer Click Here   Please refer di...
Tech Stars: Buy HDFC Asset Management Ltd For Target Rs. 2480 - Religare Broking
Tech Stars: Buy HDFC Asset Management Ltd For Target Rs. 2480 - Religare Broking
Source: Religare Broking Ltd
13/12/2022 11:20:57 AM
HDFC AMC jumps as Abrdn Investment Management planning to sell entire stake in company HDFC Asset Management Company is currently trading at Rs. 2232.90, up by 40.55 points or 1.85% from its previous closing of Rs. 2192.35 on the BSE. The scrip opened at Rs. 2190.30 and has touched a high and low of Rs. 2294.05 and Rs. 2190.30 respectively. So far 62997 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 5 has touched a 52 week high of Rs. 2598.00 on 10-Dec-2021 and a 52 week low of Rs. 1690.65 on 24-May-2022. Last one week high and low...
HDFC AMC jumps as Abrdn Investment Management planning to sell entire stake in company
HDFC AMC jumps as Abrdn Investment Management planning to sell entire stake in company
Source: Accord Fintech
7/12/2022 2:41:25 PM
HDFC AMC announces address of new CAMS Service centre HDFC Asset Management Company (AMC) has announced addendum to the key information memorandums/ scheme information documents/ statement of additional information of all schemes of HDFC Mutual Fund.    Investors of the scheme of HDFC Mutual Fund have been informed that the address of the Computer Age Management Services. (CAMS), Registrar and Transfer Agent which is the Official Point of Acceptance (OPA) for transactions in the Schemes of HDFC Mutual Fund has been changed from- ...
HDFC AMC announces address of new CAMS Service centre
HDFC AMC announces address of new CAMS Service centre
Source: Accord Fintech
4/10/2022 3:24:16 PM
HDFC AMC announces change in SID & KIM of schemes HDFC Asset Management Company (AMC) has announced Addendum to the Scheme Information Document (SID) / Key Information Memorandum (KIM) of HDFC NIFTY50 Value 20 ETF, HDFC NIFTY100 Quality 30 ETF and HDFC NIFTY Growth Sectors 15 ETF. In compliance with SEBI Circular No. SEBI/HO/IMD/DOF2/P/CIR/2022/69 dated May 23, 2022, Scrip Code/ Symbol have been added in the nomenclature of the NIFTY50 Value 20 ETF, NIFTY100 Quality 30 ETF and NIFTY Growth Sectors 15 ETF (the Schemes). As per the details ...
HDFC AMC announces change in SID & KIM of schemes
HDFC AMC announces change in SID & KIM of schemes
Source: Accord Fintech
30/09/2022 12:14:30 PM
HDFC AMC announces Change in address of CAMS HDFC Asset Management Company (AMC) has announced addendum to the Scheme Information Document / Key Information Memorandum of Scheme(s) of HDFC Mutual Fund. Investors/Unit holders are advised to take note of the following changes in the address of the Computer Age Management Services (CAMS), Registrar and Transfer Agent which is the Official Point of Acceptance (OPA) for transactions in the Schemes of HDFC Mutual Fund with effect from October 3, 2022. Present Address: 1. CAMS Service Cent...
HDFC AMC announces Change in address of CAMS
HDFC AMC announces Change in address of CAMS
Source: Accord Fintech
23/09/2022 3:49:57 PM
India : Soaring High At 75 By Navneet Munot, HDFC Asset Management Company India turned 75 recently and against this backdrop, Mr. Navneet Munot, MD & CEO of HDFC AMC, looks back at the interesting journey of India’s capital market India turned 75 on 15th August 2022 and gave us all a reason to rejoice. Interestingly, the origin of modern capital market in India does not date back to the post-independence era but instead to the 18th century, when securities of the East India Company were traded. India’s first stock market boom actually happen...
India : Soaring High At 75 By Navneet Munot, HDFC Asset Management Company
India : Soaring High At 75 By Navneet Munot, HDFC Asset Management Company
Source: PR Agency
12/09/2022 1:55:26 PM
Buy HDFC Asset Management Ltd For Target Rs. 2,275 - JM Financial Institutional Securities Steady quarter; equity market share witness improvement HDFCAMC reported a steady quarter with operating PBT of INR 3.7bn (+2% YoY, -1% QoQ) on account of muted growth in core revenues and opex (+3% YoY and +4% YoY resp.) Overall MF QAAUM declined -4% QoQ (flat YoY) as debt MF QAAUM de-grew by 12% QoQ (-24% YoY) while equity MF QAAUM was flat QoQ (+16% YoY). Positively, core revenue yields improved to 50bps (vs 48bps QoQ) driven by improvement in proportion of higher yielding equity MF QAA...
Buy HDFC Asset Management Ltd For Target Rs. 2,275 - JM Financial Institutional Securities
Buy HDFC Asset Management Ltd For Target Rs. 2,275 - JM Financial Institutional Securities
Source: JM Financial Institutional Securities Ltd
8/09/2022 2:48:41 PM
HDFC AMC announces Change in Responsibilities and Fund Managers HDFC Asset Management Company (AMC) has announced Addendum to the Scheme Information Documents (SID)/ Key Information Memorandum (KIM) of schemes and the Statement of Additional Information (SAI) of HDFC Mutual Fund. It has informed about the changes in Key Personnel & changes in Responsibilities of Key Personnel of HDFC AMC and Changes in Fund Managers under HDFC Flexi Cap Fund, HDFC Top 100 Fund & HDFC Balanced Advantage Fund. Details regarding the above said changes are attached...
HDFC AMC announces Change in Responsibilities and Fund Managers
HDFC AMC announces Change in Responsibilities and Fund Managers
Source: Accord Fintech
26/07/2022 3:23:08 PM
HDFC AMC - Newspaper Publication Publication of Notice in newspaper containing Un-audited Financial Results of the Company for the quarter ended June 30, 2022
HDFC AMC - Newspaper Publication
HDFC AMC - Newspaper Publication
Source: Dion Global Solutions Ltd
25/07/2022 10:49:15 AM
HDFC AMC announces Change in Min Target Amount HDFC Asset Management Company (AMC) has announced Addendum to the Scheme Information Document / Key Information Memorandum of HDFC NIFTY 100 ETF and HDFC NIFTY Next 50 ETF. In line with SEBI circular no. SEBI/HO/IMD/DOF2/P/CIR/2022/69 dated May 23, 2022 which is effective from July 1, 2022, the minimum target amount to be raised during the NFO period shall stand revised as Rs 5 crores instead of Rs 10 crores in the New Fund Offer (NFO) Scheme Information Document (SID) / Key Information Me...
HDFC AMC announces Change in Min Target Amount
HDFC AMC announces Change in Min Target Amount
Source: Accord Fintech
22/07/2022 12:32:31 PM
HDFC Arbitrage Fund - Wholesale Plan: change in investment factsheets for June 2022 HDFC Arbitrage Fund - Regular Plan has announced change in investment factsheets and fund flash for the month ended June 30, 2022. As on Jun 30, 2022, the total size of the Fund was Rs 6,739.09 crores, compared with Rs 6,735.86 crores in the last month. The Fund's NAV per unit was Rs 24.47 for Growth, while 52-Week High and Low ranges were Rs 24.49 and Rs 23.72 respectively. The Equity - Hybrid fund with Growth plan was launched on Oct 23, 2007 and managed by Fund Managers Krishan Kumar D...
HDFC Arbitrage Fund - Wholesale Plan: change in investment factsheets for June 2022
HDFC Arbitrage Fund - Wholesale Plan: change in investment factsheets for June 2022
Source: Dion Global Solutions Ltd
12/07/2022 2:02:00 PM