HDFC Mutual Fund has been one of the best performing mutual funds in
the last few years. HDFC Asset Management Company Limited (AMC)
functions as an Asset Management Company for the HDFC Mutual Fund.
AMC is a joint venture between housing finance giant HDFC and British
investment firm Standard Life Investments Limited. It conducts the
operations of the Mutual Fund and manages assets of the schemes,
including the schemes launched from time to time. As of Aug 2006, the
fund has assets of Rs.25,892 crores under management.
IN 2003, following a decision by the Zurich Insurance Company (ZIC),
the Sponsor of Zurich India Mutual Fund, to divest its asset management
business in India, AMC had entered into an agreement with ZIC to acquire
the asset management business. Consequently, all the schemes of Zurich
Mutual Fund in India had been transferred to HDFC Mutual Fund and
renamed as HDFC schemes.
Here is a list of mutual funds of HDFC which includes Equity Funds,
Balanced Funds and Debt Funds.