Mutual Fund Analysis
Assignment on
TOP 10 MUTUAL FUNDS IN INDIA
TOP 10 MUTUAL FUNDS IN INDIA * HDFC MUTUAL FUND * RELIANCE MUTUAL FUND * ICICI PRUDENTIAL MUTUAL FUND * BIRLA SUNLIFE MUTUAL FUND * UTI MUTUAL FUND * SBI MUTUAL FUND * KOTAK MAHINDRA MUTUAL FUND * TATA MUTUAL FUND * AXIS MUTUAL FUND * CANARA ROBECO MUTUAL FUND
TOP GLOBAL MUTUAL FUNDS * DUETSCHE MUTUAL FUND * JP MORGAN MUTUAL FUND * GOLDMAN SACHS MUTUAL FUND * EDELWEISS MUTUAL FUND * QUANTUM MUTUAL FUND
TOP 10 MUTUAL FUNDS IN INDIA
HDFC MUTUAL FUND
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, Church gate, 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. 25.169 crore.
The present equity shareholding pattern of the AMC is as follows:
Particulars | % of the paid up equity capital | Housing Development Finance Corporation Limited | 59.98 | Standard Life Investments Limited | 39.99 | Other Shareholders (shares issued on exercise of Stock Options) | 0.03 | | |
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.
HDFC Mutual Fund is one of the largest
TOP 10 MUTUAL FUNDS IN INDIA
TOP 10 MUTUAL FUNDS IN INDIA * HDFC MUTUAL FUND * RELIANCE MUTUAL FUND * ICICI PRUDENTIAL MUTUAL FUND * BIRLA SUNLIFE MUTUAL FUND * UTI MUTUAL FUND * SBI MUTUAL FUND * KOTAK MAHINDRA MUTUAL FUND * TATA MUTUAL FUND * AXIS MUTUAL FUND * CANARA ROBECO MUTUAL FUND
TOP GLOBAL MUTUAL FUNDS * DUETSCHE MUTUAL FUND * JP MORGAN MUTUAL FUND * GOLDMAN SACHS MUTUAL FUND * EDELWEISS MUTUAL FUND * QUANTUM MUTUAL FUND
TOP 10 MUTUAL FUNDS IN INDIA
HDFC MUTUAL FUND
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, Church gate, 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. 25.169 crore.
The present equity shareholding pattern of the AMC is as follows:
Particulars | % of the paid up equity capital | Housing Development Finance Corporation Limited | 59.98 | Standard Life Investments Limited | 39.99 | Other Shareholders (shares issued on exercise of Stock Options) | 0.03 | | |
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.
HDFC Mutual Fund is one of the largest