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HDFC Mutual Fund

HDFC Mutual Fund to halt new SIPs in its Defence Fund from July 22

Scheme to take inflows only from existing SIPs, STPs

HDFC Mutual Fund to halt new SIPs in its Defence Fund from July 22
Updated On : 09 Jul 2024 | 7:38 PM IST

HDFC MF launches HDFC NIFTY100 Low Volatility 30 Index Fund: Check details

Nifty100 Low Volatility 30 Index Fund targets large-cap low-volatility stocks within the NIFTY 100 Low Volatility 30 Index

HDFC MF launches HDFC NIFTY100 Low Volatility 30 Index Fund: Check details
Updated On : 25 Jun 2024 | 11:24 AM IST

Unveiling a consistent champion: How HDFC Flexi Cap Fund beats the rest

The fund's assets under management at month-end increased to Rs 50,840 crore in March 2024 from Rs 23,128 crore in March 2021

Unveiling a consistent champion: How HDFC Flexi Cap Fund beats the rest
Updated On : 16 Jun 2024 | 10:16 PM IST

Fund Pick: HDFC Flexi Cap Fund has a rich history of outperformance

The fund's month-end assets under management (AUM) increased to Rs 50,840 crore in March 2024 from Rs 23,128 crore in March 2021

Fund Pick: HDFC Flexi Cap Fund has a rich history of outperformance
Updated On : 11 Jun 2024 | 6:37 PM IST

Centre's fiscal flexibility sparks optimism: 3P Founder & CIO Prashant Jain

Jain delves into how the fund is striving to stand out in a competitive market landscape

Centre's fiscal flexibility sparks optimism: 3P Founder & CIO Prashant Jain
Updated On : 10 Jun 2024 | 12:31 AM IST

HDFC Mutual Fund buys 1.13 million Cyient shares for Rs 204 crore

HDFC Mutual Fund on Thursday bought shares of global digital engineering and technology company Cyient Ltd for Rs 204 crore through an open market transaction. According to the bulk deal data available with the BSE, HDFC Mutual Fund purchased 11.33 lakh shares, amounting to a 1.02 per cent stake in Cyient. The shares were picked up at an average price of Rs 1,800 apiece, taking the deal size to Rs 204.10 crore. After the stake buy, HDFC Mutual Fund's shareholding in Cyient has increased to 2.1 per cent from 1.08 per cent. The details of the sellers could not be ascertained. On Thursday, shares of Cyient fell 0.67 per cent to close at Rs 1,794.30 apiece on the BSE. In a separate transaction on the NSE, Ventureast divested a 1.8 per cent stake in fintech player Zaggle Prepaid Ocean Services for Rs 67 crore through an open market transaction. Bengaluru-based Ventureast through its affiliate Ventureast Proactive Fund LLC offloaded 22.27 lakh shares, amounting to a 1.8 per cent stake

HDFC Mutual Fund buys 1.13 million Cyient shares for Rs 204 crore
Updated On : 02 May 2024 | 11:50 PM IST

HDFC AMC profit jumps 37% to Rs 1,943 crore in FY24, revenue up 19%

Revenue from operations surges 19% to Rs 2,167 cr

HDFC AMC profit jumps 37% to Rs 1,943 crore in FY24, revenue up 19%
Updated On : 19 Apr 2024 | 10:30 PM IST

HDFC MF to restrict flows into realty index fund; Vedanta rallies 5%

Shares of the Anil Agarwal-led commodity major Vedanta have rallied over 10 per cent in the past one we­ek amid a rally in global metal prices on improved economic out­look for China

HDFC MF to restrict flows into realty index fund; Vedanta rallies 5%
Updated On : 02 Apr 2024 | 11:31 PM IST

Another sectoral offering: HDFC MF launches Nifty Realty Index Fund

Sectoral funds carry higher risk, thus one could take controlled exposure to such funds

Another sectoral offering: HDFC MF launches Nifty Realty Index Fund
Updated On : 12 Mar 2024 | 1:06 PM IST

Voting advisory firm opposes Aster DM Healthcare's sale of Gulf business

IiAS raises concern over lack of clarity on the utilisation of sale proceeds of unit that contributes 75% of revenue

Voting advisory firm opposes Aster DM Healthcare's sale of Gulf business
Updated On : 10 Jan 2024 | 11:18 PM IST

HDFC MF ramps up presence; PPFAS MF allows redemptions in liquid fund

The newly-inaugurated branches are mostly in smaller towns like Angul, Cooch Behar, Hazaribagh, Renukoot and Raebareli

HDFC MF ramps up presence; PPFAS MF allows redemptions in liquid fund
Updated On : 02 Jan 2024 | 11:56 PM IST

HDFC Top 100 Fund: 27 years on, Rs 10,000 SIP grows to Rs 6.9 crore

The HDFC Top 100 Fund predominantly investing in large-cap stocks was launched in October 1996, making it one of the longest-running mutual fund schemes in India

HDFC Top 100 Fund: 27 years on, Rs 10,000 SIP grows to Rs 6.9 crore
Updated On : 03 Nov 2023 | 5:07 PM IST

Near-term positives priced in for HDFC Asset Management Company stock

HDFC Bank works on open architecture and HDFC AMC's share in the bank's mutual fund business was only 24 per cent

Near-term positives priced in for HDFC Asset Management Company stock
Updated On : 13 Oct 2023 | 10:31 PM IST

Mutual funds' retail asset growth pips the overall AUM, shows data

Among the top 10 fund houses, Kotak Mahindra MF and Mirae Asset MF logged the highest growth in retail assets at 70 per cent and 66 per cent, respectively

Mutual funds' retail asset growth pips the overall AUM, shows data
Updated On : 10 Aug 2023 | 10:36 PM IST

HDFC AMC's Q1 profit surges 52% to Rs 478 crore; revenue rises 10%

The operating profit for the quarter was Rs 413 crore, 11 per cent higher than the last year's figure of Rs 374 crore, the AMC said in a press release

HDFC AMC's Q1 profit surges 52% to Rs 478 crore; revenue rises 10%
Updated On : 24 Jul 2023 | 11:23 PM IST

abrdn to sell its entire 10.2% stake in HDFC AMC through block deal

Price band set between Rs 1,800 and Rs 1,892 for Tuesday's block deals

abrdn to sell its entire 10.2% stake in HDFC AMC through block deal
Updated On : 19 Jun 2023 | 9:14 PM IST

HDFC Defence Fund to stop lumpsum investment, limit new SIPs to Rs 10,000

Fund to stop taking lumpsum investments, limit new SIPs to Rs 10,000

HDFC Defence Fund to stop lumpsum investment, limit new SIPs to Rs 10,000
Updated On : 08 Jun 2023 | 10:58 PM IST

HDFC launches India's first mutual fund focused on defence sector

HDFC Asset Management Company Ltd on Tuesday announced the launch of the country's first mutual fund focussed on defence sector, a move that will provide investors an opportunity to participate in growth potential of this space. The new fund offering (NFO) of HDFC Defence Fund, an open-ended equity scheme, would open on May 19 and close on June 2, HDFC AMC said in a statement. The fund will invest at least 80 per cent of its net assets in defence and allied sector companies. Defence and allied sector stocks include stocks forming part of aerospace and defence; explosives, shipbuilding and allied services. "In a multipolar world, defence expenditure globally is set to increase as countries enhance their defence capabilities. Self-reliance in defence led by strong R&D (Research and Development) focus and enhancement of manufacturing capabilities creates opportunity for Indian companies to serve domestic market as well as tap large export potential. This could offer a multi-decadal ..

HDFC launches India's first mutual fund focused on defence sector
Updated On : 16 May 2023 | 6:59 PM IST

Go green to women only: Mutual funds set to differentiate in FY24

HDFC MF, Motilal Oswal and Samco among fund houses offering new plans

Go green to women only: Mutual funds set to differentiate in FY24
Updated On : 01 Apr 2023 | 6:31 PM IST