HDFC MF plans to achieve 20% growth in AUM next fiscal

India Infoline News Service | Mumbai |

The fund house draws around 8.5% of its investors though the banking channel

HDFC Mutual Fund is planning to achieve 20% growth in its assets in the next financial year, according to a media report.
The fund house draws around 8.5% of its investors though the banking channel. The fund house said that it has a strong distribution channel to reach out to more investors, the report added.
Last month, the fund house said it plans to raise up to Rs1,500 crore for real estate through a newly-formed category — alternative investment funds (AIF).
 

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