HDFC AMC Ltd. Company Profile : Products,Promoters and Clients

HDFC Asset Management Company

The company incorporated in 1999, has established itself as one of the most prominent mutual fund houses in India. Known for its discipline, good governance, and genuine care for stakeholders, HDFC AMC has built a strong reputation for trust over the past two decades. 

Committed to its mission of being a wealth creator for every Indian, the company provides comprehensive Fund Management Services, consistently achieving key milestones in its journey.

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Q1. What are the Product and service offerings of the HDFC AMC?

Product Categories:

a) Diversified Equity

b) Index Funds

c) Thematic/Sectorial Equity

d) Equity Linked Savings Scheme

e) Hybrid Funds

f) Solution Oriented Funds

g) Theme-Based Debt

h) Duration-Based Debt

i) ETFs

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Q2. Who are the Promoters/Management of the HDFC AMC?

HDFC Bank is the major shareholder with 52.55% shareholding in the company.

Mr. Navneet Munot, Managing Director and CEO since February 16, 2021, also chairs the Association of Mutual Funds in India (AMFI). With three decades in financial services, he previously served as Executive Director and CIO at SBI Funds Management, overseeing $150 billion in assets and sitting on the Board of SBI Pension Funds. 

Starting his career with the Aditya Birla Group in 1994, he held roles at Birla Global Finance and Birla Sunlife Securities, and as CIO at Birla Sunlife Mutual Fund. He then joined Morgan Stanley Investment Management in 2007 and SBI Funds in 2008. He holds a Master’s in Accountancy and Business Statistics, is a Chartered Accountant, and holds CFA, CAIA, and FRM credentials.

Mr. Deepak Parekh has been a Non-Executive Director and Chairman of our Board since July 4, 2000. He also serves as the Non-Executive Director and Chairman of HDFC, one of our promoters. An associate of the Institute of Chartered Accountants in England and Wales, he sits on the boards of several leading companies across diverse sectors. 

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His accolades include the Padma Bhushan (India, 2006), Bundesverdienstkreuz (Germany, 2014), Knight in the Order of the Legion of Honour (France, 2009), and the Outstanding Achievement Award from the Institute of Chartered Accountants in England and Wales (2010).

Q3. Who are the Clients of the HDFC AMC?

HDFC AMC proudly serves 9.6 million unique mutual fund investors, with a total of 16.6 million active accounts. The company operates through a vast network of 254 branches and over 85,000 distribution partners, complemented by modern digital platforms, ensuring comprehensive service to clients across India.

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