HDFC Mutual Fund
HDFC Mutual Fund, managed by HDFC Asset Management Company Limited, was founded in 1999 through a collaboration between HDFC Limited and abrdn Investment Management Limited. Positioned as one of the largest mutual fund houses in India, it currently manages assets worth Rs. 5.56 lakh crore as of December 2023. The fund house transitioned to a publicly listed entity in August 2018.
HDFC Mutual Fund snapshot
Inception date | June 30, 2000 |
Sponsor (s) | HDFC Bank |
Chief Executive Officer | Mr. Navneet Munot |
Chief Investment Officer | Chirag Setalvad (Head – Equities) and Shobhit Mehrotra (Head-Fixed income) |
No. of Schemes | 88 |
Average AUM (Rs. in Crores) | 627955.13 |
As on February 2024
24.94% | |
23.51% | |
20.68% | |
20.30% | |
19.77% | |
19.35% | |
18.39% | |
17.27% | |
17.16% | |
15.41% |
How to invest in HDFC Mutual Fund
Whether you are a first time investor or an experienced one, you may take the modern-day digital investing route with the Kotak Neo app. You can also invest in other fund houses through the same account. It’s quick, simple and convenient.
To start investing through Kotak Neo, follow the steps listed below:
- Login with your credentials (mobile number/PAN/QR code)
- Click on Invest and select ‘Mutual Funds’ from other investments
- Select the fund of your choice and begin investing
Kotak Securities Limited: AMFI-registered Mutual Fund Distributor