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HDFC AMC Q1 profit after tax jumps 52% to ₹477 cr

HDFC Asset Management Company (AMC) on Monday reported a 52% jump in profit after tax (PAT) at ₹477…

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HDFC AMC’s Q2 profit after tax grows 6% on year to ₹364 crore

India’s third-largest mutual fund house HDFC Asset Management Company on Wednesday announced a prof…

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HDFC Bank closed Q1 with ₹11,951 crore net profit

Private sector HDFC Bank Ltd on Monday said it closed the first quarter of FY24 with a net profit o…

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Mutual fund company stocks bleed this year, thanks to tax hit on debt funds and strict expense ratio norms

The year 2023 has not been kind to asset management companies listed on Indian stock exchanges. The…

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HDFC Group's shares slump sharply on heavy selling pressure

Also, fears that RBI may raise policy rates in the upcoming Monetary Policy Meeting starting Tue…

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Indian markets open flat ahead of RBI policy outcome – Vedanta, HDFC AMC, Bikaji Foods among stocks to watch out for

Indian benchmark indices Sensex and Nifty50 opened flat on Wednesday ahead of the RBI monetary poli…

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Indian bank stocks drag Nifty, Sensex for the second straight day after RBI policy

While the Reserve Bank of India’s (RBI) monetary policy committee (MPC) kept base rates unchanged t…

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Sensex rises over 100 points in early trade, Nifty hits 18,000 for the first time — Maruti, NTPC, PowerGrid top gainers

Later, NSE Nifty hit the 18,000-mark. This is the first time the index has hit the milestone. …

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HDFC MF launches MNC fund that offers portfolio diversification opportunities

HDFC Asset Management Company has launched HDFC MNC, an open ended equity scheme following multinat…

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Sensex, Nifty50 surge in morning trade led by banking and metal stocks

India’s benchmark indices Sensex and Nifty50 are likely to open in the green on Thursday amid posit…

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HDFC AMC Q4 profit-after-tax drops 9 pc to Rs 250 cr

"The board of directors has proposed a final dividend of Rs 28 per equity share for the year ended …

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UTI AMC’s ₹2,160 crore IPO opens today — Here’s all you need to know

The Mutual Fund manager, UTI Asset Management Company, is set to float its ₹2,160 crore IPO in the …

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Tax hit on debt funds is just the latest punch to reeling mutual fund companies

The latest hurdle that shook the mutual fund companies was an amendment in the Finance Bill that pr…

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Analysing SEBI’s TER proposal: AUM growth vs profitability, a misplaced concern, says report

Investors are concerned that a high pass-through of TER (total expense ratio) cut with distributors…

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HDFC AMC Q3 PAT climbs 45% to Rs 352-cr

New Delhi, Jan 21 () HDFC Asset Management Company on Tuesday reported a 45 per cent jump in profit…

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HDFC AMC shares rise over 2 pc on strong Q3 results

New Delhi, Jan 22 () Shares of HDFC Asset Management Company on Wednesday rose over 2 per cent afte…

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Aditya Birla Sun Life AMC’s ₹2768 crore IPO will open on September 29

The mutual fund company will be the fourth fund house to get listed on exchanges. So far, HDFC A…

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2 mins read

Aditya Birla Sun Life AMC IPO likely to open next week with a ₹3,000 crore issue size

Initial public offering (IPO) of Aditya Birla Sun Life AMC may open in the last week of September w…

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6 mins read

Mutual fund industry to see many mergers in next couple of years, says Aditya Birla Sun Life AMC’s CEO

The ₹36 trillion mutual fund industry, in India, with 44 players may see consolidation happening in…

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4 mins read

Mazagon Dock, UTI AMC and Likhitha Infrastructure IPOs open today

The IPOs for Mazagon Dock Shipbuilders, UTI Asset Management, and Likhitha Infrastructure Limited a…