HDFC IPO
Important Information related to HDFC AMC IPO or HDFC Mutual Fund IPO (i) HDFC AMC (Asset Management Company) Limited (AMC), also known as HDFC Mutual Fund, 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. (ii) The Company has been the most profitable asset management company in India in terms of net profits since Fiscal 2013, with a total AUM of ₹2,932.54 billion as of December 31, 2017 of which equity-oriented AUM and non-equity-oriented AUM constituted ₹1,552.82 billion and ₹1,379.72 billion. (iii) The company has been the largest asset management company in India in terms of Equity-oriented AUM since the last quarter of Fiscal 2011 and have consistently been among the top two asset management companies in India in terms of total average AUM since the month of Aug...