Thu, Sep 21, 2023
HDFC Asset Management Company (HDFC AMC) has received the RBI's approval to acquire up to 9.5% stake in Karur Vysya Bank and DCB Bank each. This news has led to a surge in the stock prices of both banks, with Karur Vysya Bank rising by 1.57% and DCB Bank soaring by 3.47%.
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Mon, Sep 30, 2019
According to the Zee Business TV research team, HDFC AMC — India's second-largest mutual fund company — is one such stock that can bring huge returns to one's portfolio.
Tue, Jul 16, 2019
Country's largest mutual fund manager, HDFC AMC has reported a 42% rise in net profit for the first quarter this fiscal. The profits are majorly driven by an upside jump in assets under management.
Fri, Apr 26, 2019
HDFC Asset Management Company (AMC) on Friday posted a 61 per cent jump in profit after tax (PAT) at Rs 276.17 crore for the three months ended March.
Thu, Jan 03, 2019
The assets under management (AUM) of HDFC MF have grown over 9 per cent in October-December quarter from the previous three-month period, however, ICICI Prudential MF's AUM slipped by 0.6 per cent during the period under review.
Mon, Aug 06, 2018
HDFC AMC, the second-biggest mutual fund manager by assets under management, and its peers in the $344 billion sector have benefited from Indians moving away from traditional investment avenues such as real estate and gold to financial savings.
Tue, Jul 17, 2018
HDFC Asset Management Company, the country's second-largest mutual fund firm, has fixed a price band of Rs 1,095-1,100 per share for its initial public offering, through which it is estimated to garner Rs 2,800 crore
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