ICICI Direct recommended hold rating on HDFC AMC with a target price of Rs 2200 in its research report dated October 20, 2022.
Samvat 2078 has been a year of consolidation and of outperforming the rest of the world for the Indian equity market. But will this outperformance continue? Will the money makers of the past year sustain their run? Watch as Santo & CJ are joined by Amit Doshi, co-fund manager at CARE PMS, to discuss major talking points, ideas and themes for the next Samvat. Plus the duo clash over the outlook for HDFC AMC and Clean Science Technologies.
Revenue from operations came in marginally higher at Rs 544.7 crore for the quarter, an increase of 0.4 percent over Rs 542.3 crore same time last year
The new fund offer (NFO) for HDFC Nifty200 Momentum 30 ETF and HDFC Nifty100 Low Volatility 30 ETF will start on September 26 and continue till October 3
Prashant Jain resigned as CIO of HDFC AMC in July after spending 19 years at the firm
One quality that stood out in him was his ability to completely segregate his long-term investments from the rest, says Jain
In April, HDFC Bank and its parent company Housing Development Finance Corporation (HDFC) got approvals from their respective boards for the proposed scheme of amalgamation.
If after a few quarters of a fund manager’s exit, there is a deterioration in the fund’s relative performance or major changes in the funds style/strategy, then it is better to consider exiting.
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HDFC AMC CIO’s conviction and humility is winning praise
Prashant Jain was responsible for overseeing total assets under management of Rs 4.12 lakh crore as on June 30, 2022
Whatever one may say of Jain’s investing style, the numbers – and perhaps some grudging admiration – are all he needs to validate his strategy
Jain is likely to start his own venture, in line with what many successful fund managers have done in the past
As the CIO of HDFC AMC, he was responsible for overseeing the Rs 4.12 lakh crore corpus under management and in excess of Rs 1 lakh crore directly
ICICI Direct is bullish on HDFC AMC has recommended buy rating on the stock with a target price of Rs 2400 in its research report dated April 27, 2022.
FY22 was a spectacular year for the mutual fund industry, which saw positive net inflows into equity schemes in all the months so far. The average assets under management of the MF industry crossed Rs 38 lakh crore as of January-end. SIP flows hit an all-time high of Rs 11,517 crore in November 2021. So, which stock is a worthy bet given the healthy undercurrents in mutual fund industry? Watch the video to find out.
ICICI Direct recommended hold rating on HDFC AMC with a target price of Rs 2550 in its research report dated January 25, 2022.
"Going forward, we expect returns from equities, over the medium-to-long term, to be in line with overall economic growth. Further, corporate earnings growth is likely to track nominal GDP growth from FY23 onwards after seeing a robust improvement in FY22," says the senior fund manager at HDFC AMC.
ABSL MF will continue to be one of the key beneficiaries of the structural growth in the MF industry
Standard Life held 21.23 percent stake in HDFC AMC as of June 2021. With this stake sale, its shareholding reduced to 16.23 percent now.