News From Press Chart of the Day: In HDFC Mutual Fund we trust

Chart of the Day: In HDFC Mutual Fund we trust

Source: Mint Nov 14, 2018

In just two months, HDFC Mutual Fund has moved from number five in the league tables for liquid and money market funds to the top spot. The assets under management (AUM) at HDFC Mutual Fund in these categories of funds have risen by 58.5% since August, while the AUM of all remaining mutual funds have fallen 16.1%. SBI Mutual Fund and Kotak Mutual Fund also reported an increase in AUM, albeit at a slower pace of 21.9% and 12%, respectively.

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