HDFC AMC: Attracting Investor Confidence
HDFC AMC continues to keep its expenses in check and since the company is one of the lowest cost operators in the industry, recovery in cash flows will be very positive
HDFC AMC is considered to be one of the most profitable mutual fund managers in India, leading in actively managed equityoriented assets under management (AUM). Its total mutual fund AUM as on March 31, 2020 was around Rs 3.2 lakh crore and it currently spans across a comprehensive set of investment products covering various asset classes and scheme categories in order to meet the investment objectives of its continuously growing customer base of more than 56 lakh individuals and institutions. Gaining a strong market share in debt and equity markets through its prudent strategies and active asset management, the company currently operates in 200+ cities in India.
HDFC AMC’s principal shareholders include Housing Development Finance Corporation Limited and Standard Life Investments Limited that own around 52.7 per cent and 26.9 per cent stake in the company, respectively, as of March 31, 2020, thus supporting the company with their own positive brand equity, goodwill and expertise. HDFC AMC has 23 equity-oriented schemes, 90 debt-oriented schemes, two liquid schemes and seven others.
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