HDFC AMC Q4 profit rises 9%, declares dividend of ₹48
The asset management company reported 9.5% YoY growth in its profit at ₹376.1 crore for Q4FY23, while revenue rose 5% YoY to ₹540.9 crore.
The asset management company reported 9.5% YoY growth in its profit at ₹376.1 crore for Q4FY23, while revenue rose 5% YoY to ₹540.9 crore.
abrdn Investment Management will sell its entire 10.21% stake in HDFC AMC, which would fetch around ₹4,700 crore to the U.K.-based firm.
Legendary fund manager Prashant Jain’s solo’s journey coincides with an upturn in value investing cycle.
A look at how the schemes managed by one of the most sought after fund managers, Prashant Jain, have performed vis-à-vis their peers since the inception of the funds.
India's biggest equity funds manager sees equities as fairly valued with only a fourth offering upside.