HDFC Asset Management Company Ltd (AMC) was incorporated under the Companies Act, 1956, on December 10, 1999, and was approved to act as an Asset Management Company for the HDFC Mutual Fund by SEBI vide its letter dated July 3, 2000.
The registered office of the AMC is situated at Ramon House, 3rd Floor, H.T. Parekh Marg, 169, Backbay Reclamation, Churchgate, Mumbai - 400 020.
In terms of the Investment Management Agreement, the Trustee has appointed the HDFC Asset Management Company Limited to manage the Mutual Fund. The paid up capital of the AMC is Rs. 25.161 crore.
Zurich Insurance Company (ZIC), the Sponsor of Zurich India Mutual Fund, following a review of its overall strategy, had decided to divest its Asset Management business in India. The AMC had entered into an agreement with ZIC to acquire the said business, subject to necessary regulatory approvals.
On obtaining the regulatory approvals, the following Schemes of Zurich India Mutual Fund have migrated to HDFC Mutual Fund on June 19, 2003.
The AMC is managing 28 open-ended schemes of the Mutual Fund
The AMC is also managing 7 closed ended Schemes of the Mutual Fund
The AMC is also providing portfolio management / advisory services and such activities are not in conflict with the activities of the Mutual Fund. The AMC has renewed its registration from SEBI vide Registration No. - PM / INP000000506 dated December 21, 2009 to act as a Portfolio Manager under the SEBI (Portfolio Managers) Regulations, 1993. The Certificate of Registration is valid from January 1, 2010 to December 31, 2012.
Sponsor: Housing Development Finance Corporation Limited;
Standard Life Investments Limited
Trustee: HDFC Trustee Company Limited Investment Manager: HDFC Asset Management Company Limited Statutory Details: HDFC Mutual Fund, a trust set up under the provisions of the Indian Trusts Act, 1882.
|HDFC AIF - Series I - Plan A - Direct (D)|
|HDFC AIF - Series I - Plan A - Direct (Div-Q)|
|HDFC AIF - Series I - Plan A - Direct (Flexi)|
|HDFC AIF - Series I - Plan A - Direct (G)|
|HDFC AIF - Series I - Plan A (D)|
|HDFC AIF - Series I - Plan A (Div-Q)|
|HDFC AIF - Series I - Plan A (Flexi)|
|HDFC AIF - Series I - Plan A (G)|
|HDFC AIF - Series I - Plan B - Direct (D)|
|HDFC AIF - Series I - Plan B - Direct (Div-Q)|
|HDFC AIF - Series I - Plan B - Direct (Flexi)|
|HDFC AIF - Series I - Plan B - Direct (G)|
|HDFC AIF - Series I - Plan B (D)|
|HDFC AIF - Series I - Plan B (Div-Q)|
|HDFC AIF - Series I - Plan B (Flexi)|
|HDFC AIF - Series I - Plan B (G)|
|HDFC AIF - Series I - Plan C - Direct (D)|
|HDFC AIF - Series I - Plan C - Direct (Div-Q)|
|HDFC AIF - Series I - Plan C - Direct (Flexi)|
|HDFC AIF - Series I - Plan C - Direct (G)|
|Scheme Name||NAV(Rs.)||1m %||3m %||6m %||1y %||3y %|
|HDFC Gold Fund - Direct (G)||9.55||3.4||-0.47||-5.29||-10.13||0|
|HDFC Gold Fund (G)||9.51||3.37||-0.54||-5.42||-10.35||0|
|HDFC Gold Exchange Traded Fund||2591.61||2.87||-3.2||-2.91||-6.06||-0.01|
|HDFC Income Fund - Direct (G)||30.09||1.91||3.49||8.06||11.39||0|
|HDFC Income Fund (G)||29.67||1.84||3.27||7.6||10.45||8.74|
Ramon House, 3rd Floor, H.T.Parekh
Marg, 169 Backbay Reclamation,
Churchgate, Mumbai - 400 020.
HDFC AMC Ltd 4th Floor,Mohan Dev Bldg
13, Tolstoy Marg, Connaught
Place, New Delhi-110 001.
|Phone : 022 - 6631 6333||Phone : 011-66324000|
|Email : firstname.lastname@example.org||Email : email@example.com|
|Website : www.hdfcfund.com||Website : www.hdfcfund.com|
capital market/14:34, Oct 15, 2014
A close-ended hybrid scheme
These schemes are floated by some non-banking finance companies (NBFCs) that state to fund a purchase at zero interest rate.
"Motion is the lotion for our joints. Movement and activity circulate joint fluid and promotes cartilage health and bone strength. Too much sitting with poor posture for more than four hours daily can indeed lead to degenerative joint process which affects knees, hips and spine, says Dr Rajeev K Sharma, Senior Consultant Orthopedic & Joint Replacement Surgeon at Indraprastha Apollo Hospital, New Delhi.
A one-of-its-kind three-day Exhibition at Mumbais Ravindra Natya Mandir will throw open a rare visual treat of priceless Satyajit Ray memorabilia that conveys much more the artistic versatility of the master. Sudhir Raikar reports.
Current account deficit occurs when a countrys total imports are greater than the countrys total exports
In the 2013 CFA Institute Global Market Sentiment Survey, 56% of survey respondents said that poor ethics is the main cause of mistrust in the financial industry. Of these, mis-selling by financial advisers tops the list. If you think youre in that category, be introspective. Ask yourself, Am I doing the wrong things? If yes, make a commitment this year to set forth on a path of doing the right things.
Know the terms commonly associated with the stock market
The survey is significant because when chief executives get worried they start to put off investment choices. They retrench, they make decisions to consolidate rather than expand.
In a newly released research report, it likens Olam to Enron in that there are material similarities in the way their businesses developed and their aggressive accounting. Olam refutes Muddy Waters findings and is suing the California-based firm.
A prime example: cross-border issues related to OTC derivatives reform. In August 2012, regulators from Hong Kong, Australia, and Singapore collectively raised concerns over the U.S.
Last year saw jobs primarily in sectors like healthcare, hospitality and IT/ITES. Apart from these, the other sectors involved in the process of in hiring were non-machinery manufacturing, media and entertainment.
Market will rally only after the Budget is passed. By next March, it should fetch 10 to 12% return....