HDFC AMC Q4 profit rises 9%, declares dividend of ₹48
The asset management company reported 9.5% YoY growth in its profit at ₹376.1 crore for Q4FY23, while revenue rose 5% YoY to ₹540.9 crore.
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HDFC AMC surges 5% as promoter abrdn plans to exit
abrdn Investment Management will sell its entire 10.21% stake in HDFC AMC, which would fetch around ₹4,700 crore to the U.K.-based firm.
Prashant Jain: The legacy of India’s only ₹1 lakh cr fund manager
Legendary fund manager Prashant Jain’s solo’s journey coincides with an upturn in value investing cycle.
Here’s how Prashant Jain's HDFC MF schemes performed vs peers
A look at how the schemes managed by one of the most sought after fund managers, Prashant Jain, have performed vis-à-vis their peers since the inception of the funds.
Expect moderate stock market returns now: HDFC's Prashant Jain
India's biggest equity funds manager sees equities as fairly valued with only a fourth offering upside.
