News From Press HDFC Mutual Fund reports 61% rise in Q4 profit at Rs 276 crore

HDFC Mutual Fund reports 61% rise in Q4 profit at Rs 276 crore

Source: Business Standard Apr 27, 2019

The country’s largest fund house — HDFC Mutual Fund (MF) — on Friday reported its result for March quarter. For the quarter, the MF's profits grew 61 per cent, compared to the same quarter last year.

The fund house made profits of Rs 276 crore in March quarter. For 2018-2019, the company clocked profits of Rs 930 crore, which was 31 per cent higher than previous year.

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2 Comments

Prashant · 5 years ago `

Bound to be because not o my them but all AMCs have eaten up distributors money and maximised their profits.

Prashant · 5 years ago

Bound to be because not only HDFC but all AMCs have eaten up distributor's hard earned and well deserved income and maximised their profits of course with the help of regulator.

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