HDFC Mutual Fund's schemes vs HDFC MF IPO: Where should you put your money?
Updated : July 26, 2018 06:36 AM IST
The growth trajectory of the domestic mutual fund industry has accelerated in the recent quarters at the back of structural reforms, reduction of black money, lackluster performance in real estate, and investors are being nudged into equities.
Indian mutual fund's share of financial savings is extremely low as well, at 3.5 percent of financial savings. The industry could grow at high growth rates of 20 percent over the next four years, in which case blue-chip names like HDFC should grow even faster.
HDFC AMC's revenues have grown at a compounded annual rate of 19.3 percent and profits at 14.6 percent between fiscal 2013 and fiscal 2017.
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