HDFC MF ranks 1st as the most profitable fund house in FY13

India Infoline News Service | Mumbai |

HDFC MF registered a profit after tax (PAT) of Rs. 3.19 billion in FY12-13, while Reliance MF reported a PAT of Rs. 1.98 billion

HDFC Mutual Fund stood first as the most profitable fund house in the financial year ended 31 March 2013, while Reliance Mutual Fund ranks second in the list.

HDFC MF registered a profit after tax (PAT) of Rs. 3.19 billion in FY12-13, while Reliance MF reported a PAT of Rs. 1.98 billion, according to an analysis of AMFI (Association of Mutual Funds of India) data.

HDFC MF recorded a PAT of Rs. 2.69 billion in FY11-12, while Reliance MF registered a PAT of Rs. 2.76 billion.

UTI Mutual Fund PAT stood at Rs. 1.49 billion in FY12-13, whereas ICICI Prudential Mutual Fund's PAT was Rs. 1.1 billion.



 

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