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HDFC AMC announces resumption of instant access facility HDFC Asset Management Company (AMC) has announced Addendum to the Scheme Information Document (SID) / Key Information Memorandum (KIM) of HDFC Liquid Fund and HDFC Overnight Fund and Statement of Additional Information (SAI). HDFC Mutual Fund has informed that the Instant Access Facility under HDFC Liquid Fund and HDFC Overnight Fund (Schemes) shall resume with effect from November 12, 2024. All other terms & conditions of the aforesaid Schemes will remain unchanged. This Addendum s...
HDFC AMC announces resumption of instant access facility
HDFC AMC announces resumption of instant access facility
Source: acc
2024-11-13 01:51:05 pm
HDFC AMC net profit for the Quarter ended September 30,2024 at Rs. 5,769 million, an increase of 32% over Quarter ended September 30,2023 HDFC Asset Management Company Limited today reported its financial performance for the quarter ended September 30,2024. Corporate Highlights * QAAUM of Rs.7,588 billion for the quarter ended September 30,2024 compared to Rs.5,247 billion for the quarter ended September 30,2023, 11.5% 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 Rs.4,676 billion for the quarter ended Septe...
HDFC AMC net profit for the Quarter ended September 30,2024 at Rs. 5,769 million, an increase of 32% over Quarter ended September 30,2023
HDFC AMC net profit for the Quarter ended September 30,2024 at Rs. 5,769 million, an increase of 32% over Quarter ended September 30,2023
Source: PR Agency
2024-10-15 06:09:59 pm
HDFC AMC Article - Gold Rush ahead in a Falling Interest Rate Regime? With the Federal Open Market Committee (FOMC) Meeting cutting the Federal Funds Rate by 50bps, we are clearly in a falling interest rate regime globally. Out of 38 countries tracked by the BIS Central Bank database, 22 have cutrates in 2024 so far. In this scenario, precious metals such as gold and silver become potential investments,as they have generally shown increased potential infalling interest rate regimes.Gold reached an all-time high on September 23, 2024, touching US$2,629. In India...
HDFC AMC Article - Gold Rush ahead in a Falling Interest Rate Regime?
HDFC AMC Article - Gold Rush ahead in a Falling Interest Rate Regime?
Source: PR Agency
2024-10-15 05:36:56 pm
HDFC Asset Management Company announces temporary suspension of instant access facility HDFC Asset Management Company (AMC) has announced addendum to the Scheme Information Document (SID), Key Information Memorandum (KIM) of Schemes and Statement of Additional Information (SAI) of HDFC Mutual Fund. HDFC Mutual Fund has informed that the Instant Access Facility under HDFC Liquid Fund and HDFC Overnight Fund (Schemes) is undergoing an upgrade for a smooth investor experience. To enable a quick implementation, this facility is being temporarily suspended with immediate effect. ...
HDFC Asset Management Company announces temporary suspension of instant access facility
HDFC Asset Management Company announces temporary suspension of instant access facility
Source: Accord Fintech
2024-09-27 02:02:07 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: 1) Rajiv Maniar, a Key Personnel of HDFC AMC, who is designated as Co-Head - Sales & Distribution has been re-designated as Head - Sales and Distribution with effect from September 17, 2024. Consequently, his designation in SAI shall stand updated. (2) Simal Kanuga, a Key Personnel of HDFC AMC, who is designat...
HDFC AMC announces change in Information on Key Personnel
HDFC AMC announces change in Information on Key Personnel
Source: Accord Fintech
2024-09-19 02:44:45 pm
7 years of GST - A Lookback at a Fruitful Journey! On July 01, 2024, the implementation of the Goods and Services Tax (GST) will complete 7 years. Since March 2023, the collections for every month stand in excess of Rs.1.5 lakh crore. More importantly, the tax payers who filed after due date reduced by more than half from 3.35 crore in FY2019 to 2.10 crore in FY2023. The GST system has, amongst other positives, increased tax buoyancy in both indirect and direct taxes, eased logistics, bettered tax administration, improved transparency and inc...
7 years of GST - A Lookback at a Fruitful Journey!
7 years of GST - A Lookback at a Fruitful Journey!
Source: HDFC Asset Management Co Ltd
2024-07-25 11:06:29 am
Add HDFC Asset Management Ltd For Target Rs.4,750 by Yes Securities Equity market momentum remains key driver Revenue Yield - Revenue yield on a comparable basis evolved negatively: Due to oneoffs, the 4Q revenue yield was subdued for HDFC AMC and hence 3Q yield is more comparable, where the revenue yield was 48bps. Hence, on a comparable basis, yield has declined in 1Q due to the launch of a largish NFO and the usual telescopic pricing. Operating Expenses – Operating expenses growth to remain elevated: The employee cost for 1Q has increased by 20...
Add HDFC Asset Management Ltd For Target Rs.4,750 by Yes Securities
Add HDFC Asset Management Ltd For Target Rs.4,750 by Yes Securities
Source: Yes Securities Ltd.
2024-07-20 09:17:39 am
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 Sonali Chandak, Company Secretary & Head – Legal Designate has now been appointed as ‘Company Secretary & Head – Legal’ of HDFC Asset Management Company with effect from July 16, 2024. Consequently, all references in the SAI should be read accordingly.  Sylvia Furtado, Compan...
HDFC AMC announces change in Information on Key Personnel
HDFC AMC announces change in Information on Key Personnel
Source: Accord Fintech
2024-07-19 04:09:44 pm
HDFC Asset Management Company trades higher on reporting 26% rise in Q1 consolidated net profit HDFC Asset Management Company is currently trading at Rs. 4213.65, up by 21.65 points or 0.52% from its previous closing of Rs. 4192.00 on the BSE.  The scrip opened at Rs. 4230.00 and has touched a high and low of Rs. 4275.00 and Rs. 4190.00 respectively. So far 4106 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 5 has touched a 52 week high of Rs. 4295.20 on 15-Jul-2024 and a 52 week low of Rs. 2355.70 on 17-Jul-2023. Last one week high an...
HDFC Asset Management Company trades higher on reporting 26% rise in Q1 consolidated net profit
HDFC Asset Management Company trades higher on reporting 26% rise in Q1 consolidated net profit
Source: Accord Fintech
2024-07-16 10:29:03 am
HDFC AMC net profit for the Quarter ended June 30,2024 at Rs 6,039 million, an increase of 26% over Quarter ended June 30,2023. HDFC Asset Management Company Limited today reported its financial performance for the quarter ended June 30,2024.   CORPORATE HIGHLIGHTS   ·QAAUM of Rs 6,716 billion for the quarter ended June 30,2024 compared to Rs 4,857 billion for the quarter ended June 30,2023, 11.4% market share in QAAUM of the mutual fund industry. ·QAAUM in actively managed equity-oriented funds i.e. equity oriented QAAUM excluding index fundsstood at Rs 4,072 billion for the qua...
HDFC AMC net profit for the Quarter ended June 30,2024 at Rs 6,039 million, an increase of 26% over Quarter ended June 30,2023.
HDFC AMC net profit for the Quarter ended June 30,2024 at Rs 6,039 million, an increase of 26% over Quarter ended June 30,2023.
Source: PR Agency
2024-07-15 05:39:10 pm
HDFC AMC Article - Rural consumption growth presents an opportunity! India’s rural economy derives its incomes largely from agriculture. On the farm sector, low increase in rural wages and tractor sales have indicated continuation of demand weakness. However, other indicators such as growing 2- wheeler sales and improving rural consumer sentiment are indicating that there are other factors at play. Corporate commentaries: Corporate commentaries from the consumer sector are also echoing rural consumer sentiment improvement, seeing improving growth in m...
HDFC AMC Article - Rural consumption growth presents an opportunity!
HDFC AMC Article - Rural consumption growth presents an opportunity!
Source: PR Agency
2024-07-09 04:55:29 pm
HDFC AMC announces Discontinuation of Lumpsum subscriptions and restrictions on Systematic Transactions in Defence Fund HDFC Asset Management Company (AMC) has announced Addendum to the Scheme Information Document (SID) / Key Information Memorandum (KIM) of the scheme. With reference to its addendum dated June 6, 2023 on discontinuation of Lumpsum subscriptions and restrictions on Systematic Transactions in HDFC Defence Fund (‘the Scheme’). Further to the same, HDFC Mutual Fund has informed that the following has been decided in the Scheme with effect from July 22, 2024 (the Effective Date): 1. ...
HDFC AMC announces Discontinuation of Lumpsum subscriptions and restrictions on Systematic Transactions in Defence Fund
HDFC AMC announces Discontinuation of Lumpsum subscriptions and restrictions on Systematic Transactions in Defence Fund
Source: Accord Fintech
2024-07-09 03:10:55 pm
HDFC AMC announces Change in Risk-o-meters of Schemes and Benchmark of Select Scheme HDFC Asset Management Company (AMC) 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 June 27, 2024, HDFC Mutual Fund has informed that the Risk-o-meter of following Schemes of HDFC Mutual Fund stand revised as follows: The Risk-o-meter of HDFC Floating Rate Debt Fund stand revised from ‘Moderate’ to ‘Low to Moderate’, Risk-o-m...
HDFC AMC announces Change in Risk-o-meters of Schemes and Benchmark of Select Scheme
HDFC AMC announces Change in Risk-o-meters of Schemes and Benchmark of Select Scheme
Source: Accord Fintech
2024-07-08 04:08:39 pm
27 Years of Track Record for HDFC Top 100 Fund HDFC Top 100 Fund, an open-ended equity scheme predominantly investing in large-cap stocks (“the Fund”), has successfully completed 27 years in 2023. Over the past 27 years, the Fund has delivered Compound Annual Growth Rate (CAGR) of ~19%. Further, a SIP of Rs 10,000 invested systematically on the first business day of every month (total investment Rs 33.20 Lacs) in HDFC Top 100 Fund would have grown to Rs. 8.30 crores by May 31, 2024 (See complete performance details given at th...
27 Years of Track Record for HDFC Top 100 Fund
27 Years of Track Record for HDFC Top 100 Fund
Source: PR Agency
2024-06-25 11:21:55 am
HDFC AMC announces change in names of benchmarks and the scheme HDFC Asset Management Company (AMC) has announced addendum to the Scheme Information Document (SID)/ Key Information Memorandum (KIM) and Statement of Additional Information (SAI of Select Scheme(s) of HDFC Mutual Fund. Pursuant to the intimation received from Asia Index (AIPL) regarding the change in names of the benchmarks offered by AIPL, HDFC Mutual Fund has informed that Name of the Benchmarks of the following Schemes stand revised with effect from June 01, 2024 (Effective Date): HDFC...
HDFC AMC announces change in names of benchmarks and the scheme
HDFC AMC announces change in names of benchmarks and the scheme
Source: Accord Fintech
2024-06-07 04:38:26 pm
Buy HDFC Asset Management Ltd For Target Rs.4,000 - Yes Securities Our view – One-off adjustment negatively impacts revenue yield Revenue yield evolved more negatively than usual on sequential basis due to a one-off adjustment: There was an under-estimation of commission on overall basis and hence, the expense ratio was adjusted for some schemes. Then, on 1st April, the TER was reinstated to a significant extent. The prevailing segmental yieldS as on 1st April imply overall blended yield will be back to 47 bps in 1Q compared with 45-46 bps in 4Q ...
Buy HDFC Asset Management Ltd For Target Rs.4,000 - Yes Securities
Buy HDFC Asset Management Ltd For Target Rs.4,000 - Yes Securities
Source: Yes Securities Ltd.
2024-05-20 11:13:47 am
`Flows have slowed down considerably in small and mid-cap funds` Flows have slowed down considerably in small and mid-cap funds but other categories have seen an uptick in flows, Kotak Institutional Equities said. “Our analysis of daily flows in March (up to 21st) across large categories has a few takeaways -- small-cap category has seen net outflows while mid-cap funds have seen positive but lower flows,” it said. Categories such as large-cap, flexi cap, hybrid funds have seen uptick in flows suggesting a possible shift in preferences, t...
`Flows have slowed down considerably in small and mid-cap funds`
`Flows have slowed down considerably in small and mid-cap funds`
Source: IANS
2024-03-27 02:56:59 pm
AMCs stocks fall after SEBI asks to put in place framework to safeguard investors amid surging inflow Stocks related to the asset management companies (AMCs) fell on the BSE, after capital markets regulator -- the Securities and Exchange Board of India (SEBI) has asked mutual fund houses to put in place a framework to safeguard investors, who invested in smallcap and midcap schemes, amid a ‘froth building up’ in these categories. Also, the regulator has suggested steps such as restrictions on inflows in these segments, portfolio rebalancing, and laying guidelines to safeguard inve...
AMCs stocks fall after SEBI asks to put in place framework to safeguard investors amid surging inflow
AMCs stocks fall after SEBI asks to put in place framework to safeguard investors amid surging inflow
Source: Accord Fintech
2024-03-01 12:49:00 pm
HDFC AMC announces addition to 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. HDFC Mutual Fund has informed about following addition in Investor Service Centres (ISCs) of HDFC Asset Management Company (AMC) which will act as the official point of acceptance for transactions in the Scheme(s) of HDFC Mutual Fund with effect from February 14, 2024. Address: 1) HDFC Asset Management Company, Asha Building, ...
HDFC AMC announces addition to OPA list
HDFC AMC announces addition to OPA list
Source: Accord Fintech
2024-02-14 04:24:12 pm
Budget Reaction Quote by Mr. Navneet Munot, MD & CEO, HDFC AMC Below the quote on Interim Budget 2024 by Mr. Navneet Munot, MD & CEO, HDFC Asset Management Co. Ltd.   In the words of Mahatma Gandhi, "the true measure of any society can be found in how it treats its most vulnerable". And Government by its focus on “GYAN” – Gareeb (Poor), Youth, Annadata (Farmers) and Naari (Women) has targeted to achieve exactly that.   The budget gets full marks for Credibility of numbers, Continuity ...
Budget Reaction Quote by Mr. Navneet Munot, MD & CEO, HDFC AMC
Budget Reaction Quote by Mr. Navneet Munot, MD & CEO, HDFC AMC
Source: PR Agency
2024-02-03 09:26:51 am
HDFC Balanced Advantage Fund Marks 30 Years of Growth, Multiplying Investments with a CAGR of 18% HDFC Balanced Advantage Fund, an open-ended Balanced Advantage Fund, marks the milestone of its 30-year journey of excellence on 1st February, 2024. With the primary aim of achieving long-term capital appreciation and income through a dynamic allocation between equity and debt investments, the fund has delivered a CAGR of 18% since its inception. Over the course of three decades, an initial investment of Rs 1,00,000 at inception would have grown to Rs. 1.58 crore (158 times).&n...
HDFC Balanced Advantage Fund Marks 30 Years of Growth, Multiplying Investments with a CAGR of 18%
HDFC Balanced Advantage Fund Marks 30 Years of Growth, Multiplying Investments with a CAGR of 18%
Source: PR Agency
2024-01-31 01:37:24 pm
Neutral HDFC Asset Management compant Ltd for Target Rs.3,700 - Yes Securities Ltd Equity business remains strong for now Result Highlights (See “Our View” below for elaboration and insight) * Revenue: Revenue from operations at Rs 6,713mn was up 4.4%/20% QoQ/YoY, compared with growth in QAAUM of 5.1%/24% QoQ/YoY * Share of Equity in AUM: Share of Equity in AUM (including Hybrid funds) at 60.6% was up 300 bps QoQ and 680 bps YoY * Share of B-30 in AUM: Share of B-30 in AUM at 18.8% was up 60 bps QoQ and 120 bps YoY * Channel mix: Share of Banks, M...
Neutral HDFC Asset Management compant Ltd for Target Rs.3,700 - Yes Securities Ltd
Neutral HDFC Asset Management compant Ltd for Target Rs.3,700 - Yes Securities Ltd
Source: Yes Securities Ltd
2024-01-14 10:41:19 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. In compliance with the Master Circular dated May 19, 2023, HDFC Mutual Fund has informed that the Risk-o-meters of the below mentioned Schemes of HDFC Mutual Fund stand revised as follows: The risk-o-meter of HDFC Floating Rate Debt Fund stands revised from ‘Low to Moderate’ to’ Moderate’ and HDFC FMP ...
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
2024-01-09 03:35:54 pm
HDFC AMC announces change in address of CAMS at Uttar Pradesh HDFC Asset Management Company (AMC) has announced Addendum to the Scheme Information Document / Key Information Memorandum of Scheme(s) of HDFC Mutual Fund. HDFC Mutual Fund has informed that Official Point of Acceptance (OPA) of Computer Age Management Services (CAMS), the Registrar and Transfer Agent for transactions for the Schemes of HDFC Mutual Fund located at ‘1/13/196, A, Civil Lines, Behind Tirupati Hotel, Faizabad - 224001, Uttar Pradesh’ is shifting to ‘9/1/51, ...
HDFC AMC announces change in address of CAMS at Uttar Pradesh
HDFC AMC announces change in address of CAMS at Uttar Pradesh
Source: Accord Fintech
2024-01-01 11:34:47 am
HDFC AMC announces change in creation unit size of various schemes HDFC Asset Management Company (AMC) has announced addendum to Scheme Information Document (SID) and Key Information Memorandum (KIM) of schemes of HDFC Mutual Fund. HDFC Mutual fund informed it has been decided that creation unit size of HDFC NIFTY100 Low Volatility 30 ETF, HDFC NIFTY100 Quality 30 ETF, HDFC NIFTY200 Momentum 30 ETF, HDFC NIFTY Growth Sectors 15 ETF & HDFC NIFTY Next 50 ETF (the schemes) for direct transactions with HDFC Mutual Fund, shall stand revised with effect fro...
HDFC AMC announces change in creation unit size of various schemes
HDFC AMC announces change in creation unit size of various schemes
Source: Accord Fintech
2023-12-21 03:53:53 pm
IRM has entered into a partnership with HDFC AMC Institute of Risk Management (IRM) India Affiliate has entered into a partnership with HDFC Asset Management Company Limited to elevate Enterprise Risk Management (ERM) and fortify risk intelligence in the Mutual Fund industry IRM India Affiliate has entered into a knowledge partnership by signing a memorandum of understanding (MoU) with HDFC Asset Management Company Limited (“HDFC AMC”) to enhance the ERM capabilities and share insights through thought leadership pro...
IRM has entered into a partnership with HDFC AMC
IRM has entered into a partnership with HDFC AMC
Source: PR Agency
2023-12-05 11:15:46 am
Bharat in Amrit Kaal : Key Message by Mr. Navneet Munot, and Mr. Chirag Setalvad, HDFC AMC While the world grows more uncertain to highlight the environment of the world, Mr. Munot said: “We are indeed in a world with radical uncertainty. All I can say about the world with certainty, is continuity of uncertainty!” The world continues to see challenges in terms of geopolitics (China, Ukraine-Russia, Israel-Hamas, Armenia-Azerbaijan conflict among others), macroeconomics (high inflation, interest rates, debt levels, rating downgrades, challenges for Chinese economic...
Bharat in Amrit Kaal : Key Message by Mr. Navneet Munot, and Mr. Chirag Setalvad, HDFC AMC
Bharat in Amrit Kaal : Key Message by Mr. Navneet Munot, and Mr. Chirag Setalvad, HDFC AMC
Source: PR Agency
2023-11-16 05:11:39 pm
India Surges Ahead in 5G Deployment, Paving the Way for a High-Tech Future! By HDFC Asset Management Company Limited (HDFC AMC) India has been highlighted as one of the rapidly advancing markets for 5G technology according to a report by Ericsson, achieving a significant milestone of 100 million 5G smartphone sales in May 2023, surpassing 4G smartphone shipments per month for the first time. 5G technology is the new frontier in telecom infrastructure, and India has taken multiple steps to ensure manufacturing and other competencies. Rapid progress in 5G is critical for India to improve its productivity and achieve Atm...
India Surges Ahead in 5G Deployment, Paving the Way for a High-Tech Future! By HDFC Asset Management Company Limited (HDFC AMC)
India Surges Ahead in 5G Deployment, Paving the Way for a High-Tech Future! By HDFC Asset Management Company Limited (HDFC AMC)
Source: PR Agency
2023-11-02 11:25:33 am
HDFC AMC announces informs about disclosures in SIDs of debt-oriented schemes HDFC Asset Management Company (AMC) has announced addendum to the Scheme Information Document (SID) / Key Information Memorandum (KIM) of Scheme(s) of HDFC Mutual Fund. HDFC Mutual Fund has informed that in line with SEBI directions to standardize the disclosures made in respect of the Indicative portfolio in the offer documents of the close ended debt oriented mutual fund schemes, existing footnotes below “intended portfolio allocation table” of SIDs and KIMs of HDFC FMP 1158D...
HDFC AMC announces informs about disclosures in SIDs of debt-oriented schemes
HDFC AMC announces informs about disclosures in SIDs of debt-oriented schemes
Source: Accord Fintech
2023-10-30 04:38:20 pm
New drivers of export growth by Indian Pharma! by HDFC Asset Management Company Limited (HDFC AMC) India?s healthcare prowess is now well-recognised. With a lion?s share of 48% of all generic drugs sold in the US, Indian generics are a key contributor in the US saving 1.6% of its GDP via use of generics and biosimilars. A growing global market has helped Indian exports of pharmaceutical formulations and biologicals grow at 8% CAGR in USD terms. The outlook for exports growth is enhanced by the current shortage of drugs in the US, expiring patents with large markets, and the potential growt...
New drivers of export growth by Indian Pharma! by HDFC Asset Management Company Limited (HDFC AMC)
New drivers of export growth by Indian Pharma! by HDFC Asset Management Company Limited (HDFC AMC)
Source: PR Agency
2023-10-24 10:25:35 am
Buy HDFC Bank Ltd For Target Rs. 3,150 -JM Financial Institutional Securities Strong quarter; market share gains persistHDFCAMC reported strong quarter with an operating PBT of INR 4.7bn (+13% QoQ, +20% YoY) driven by a) +8% QoQ increase in QAAUM led by equity segment and b) expansion in top-line yields to 49bps (+2bps QoQ); despite slightly elevated opex (+9% QoQ, +13% YoY). MF QUAAM increased by +8% QoQ/+22% YoY driven by strong inflows in HDFCAMC?s equity schemes as well as run-up in equity markets ? Equity QAAUM was up +15% QoQ. Equity AUM market share improve...
Buy HDFC Bank Ltd For Target Rs. 3,150 -JM Financial Institutional Securities
Buy HDFC Bank Ltd For Target Rs. 3,150 -JM Financial Institutional Securities
Source: JM Financial Institutional Securities Ltd
2023-10-15 10:45:24 am
Neutral HDFC Asset Management Ltd For Target Rs.2,900 - Yes Securities Market rally improves outcomes for nowResult Highlights (See ?Our View? below for elaboration and insight)* Revenue: Revenue from operations at Rs 6,431mn was up 11.9%/18.1% QoQ/YoY, compared with growth in QAAUM of 8%/22% QoQ/YoY * Share of Equity in AUM: Share of Equity in AUM (including Hybrid funds) at 57.6% was up 340 bps QoQ and 570 bps YoY * Share of B-30 in AUM: Share of B-30 in AUM at 18.2% was up 100 bps QoQ and 70 bps YoY * Channel mix: Share of Banks, MFDs, NDs and Direct ch...
Neutral HDFC Asset Management Ltd For Target Rs.2,900 - Yes Securities
Neutral HDFC Asset Management Ltd For Target Rs.2,900 - Yes Securities
Source: Yes Securities Ltd
2023-10-15 10:23:41 am
HDFC AMC announces change in Face Value of units HDFC Asset Management Company (AMC) has announced addendum to the Scheme Information Document (SID) / Key Information Memorandum (KIM) of the Schemes of HDFC Mutual Fund.?HDFC Mutual Fund has informed that it has been decided to change the face value per unit and creation of unit size of certain Exchange Traded Funds of HDFC NIFTY 100 ETF, HDFC NIFTY Midcap 150 ETF, HDFC NIFTY Next 50 ETF, HDFC Nifty200 Momentum 30 ETF and HDFC Nifty100 Low Volatility 30 ETF (the schemes) of HDFC Mutual Fund....
HDFC AMC announces change in Face Value of units
HDFC AMC announces change in Face Value of units
Source: Accord Fintech
2023-10-12 05:19:58 pm
HDFC Asset Management Company gains on reporting 20% rise in Q2 consolidated net profit HDFC Asset Management Company is currently trading at Rs. 2750.30, up by 3.10 points or 0.11% from its previous closing of Rs. 2747.20 on the BSE.The scrip opened at Rs. 2760.00 and has touched a high and low of Rs. 2776.80 and Rs. 2727.60 respectively. So far 20774 shares were traded on the counter.The BSE group 'A' stock of face value Rs. 5 has touched a 52 week high of Rs. 2798.45 on 11-Oct-2023 and a 52 week low of Rs. 1595.25 on 20-Mar-2023.Last one week high and low of the scrip stood a...
HDFC Asset Management Company gains on reporting 20% rise in Q2 consolidated net profit
HDFC Asset Management Company gains on reporting 20% rise in Q2 consolidated net profit
Source: Accord Fintech
2023-10-12 04:35:42 pm
HDFC AMC announces change in Risk-o-meter of Charity Fund for Cancer Cure HDFC Asset Management Company (AMC) has announced addendum to the Scheme Information Document (SID) / Key Information Memorandum (KIM) of HDFC Charity Fund for Cancer Cure.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-meter of HDFC Charity Fund for Cancer Cure (a Fixed Maturity plan) the scheme of Mutual Fund stands revised from ?Moderate? to ?Low to Moderate?. The above Risk-o-meter is based on evaluation of risk l...
HDFC AMC announces change in Risk-o-meter of Charity Fund for Cancer Cure
HDFC AMC announces change in Risk-o-meter of Charity Fund for Cancer Cure
Source: Accord Fintech
2023-10-09 02:28:29 pm
HDFC Mutual Fund launches HDFC Pharma and Healthcare 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 Pharma and Healthcare Fund. This open-ended equity scheme intends to invest in pharma and healthcare related companies with a bottom-up approach for stock selection. The captioned NFO opens on September 14, 2023, and closes on September 28, 2023. The pharmaceutical and healthcare theme offers a unique proposition that ...
HDFC Mutual Fund launches HDFC Pharma and Healthcare Fund
HDFC Mutual Fund launches HDFC Pharma and Healthcare Fund
Source: PR Agency
2023-09-14 08:05:17pm
HDFC AMC announces revisions in SIDs / KIMs of certain 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.HDFC Mutual Fund has informed it has been decided to carry out revisions in the Scheme Information Document(s) (SIDs) / Key Information Memoranda (KIMs) of HDFC Equity Savings Fund & HDFC Charity Fund for Cancer Cure of HDFC Mutual Fund with effect from September 13, 2023. (A) Existing Exit Load of HDFC Equity Savings Fu...
HDFC AMC announces revisions in SIDs / KIMs of certain schemes
HDFC AMC announces revisions in SIDs / KIMs of certain schemes
Source: Accord Fintech
2023-09-13 04:44:46pm
HDFC AMC announces revisions in SIDs / KIMs of certain 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.HDFC Mutual Fund has informed it has been decided to carry out revisions in the Scheme Information Document(s) (SIDs) / Key Information Memoranda (KIMs) of HDFC Equity Savings Fund & HDFC Charity Fund for Cancer Cure of HDFC Mutual Fund with effect from September 13, 2023. (A) Existing Exit Load of HDFC Equity Savings Fu...
HDFC AMC announces revisions in SIDs / KIMs of certain schemes
HDFC AMC announces revisions in SIDs / KIMs of certain schemes
Source: Accord Fintech
2023-09-13 04:43:57pm