HDFC AMC IPO to kick off on Wednesday: Here are 10 key things to know
HDFC AMC operates as a joint venture between Housing Development Finance Corporation (HDFC) and Standard Life Investments. The fund house, which has a total AUM of over Rs 3 lakh crore at the end of March, is the country's second largest fund house after ICICI Prudential AMC that has an asset base of Rs 3.06 lakh crore.
HDFC AMC will be the second AMC to hit the markets after Reliance Nippon Life AMC. Image source: Reuters