HDFC Mutual Fund has dropped off Cholamandalam Financial Holdings Limited's disclosed shareholder list after last reporting a 2.03 percent stake, indicating either a complete exit or a reduction below the 1 percent disclosure threshold.
A core investment company registered with the RBI, this entity operates within the Murugappa Group and provides a diverse range of financial products and risk management services to individual and corporate customers. It leverages its integrated financial services platform through group companies to deliver comprehensive solutions across insurance, investment, and financial advisory segments, serving clients nationwide.
One of India's oldest and most trusted AMCs with over Rs 7.5 lakh crore in AUM. Founded in 1999 as a joint venture between HDFC Bank and Standard Life. MD and CEO Navneet Munot, formerly CIO of SBI MF, has reinforced the quality and compounding philosophy across equity schemes. HDFC Flexi Cap Fund and HDFC Mid-Cap Opportunities Fund are among the largest actively managed equity schemes in India.
