The Company was incorporated at Mumbai on December 10, 1999 as `HDFC Asset Management Company Limited', a public limited company under the Companies Act, 1956 pursuant to a certificate of incorporation granted by the RoC, and obtained its certificate for commencement of business on March 9, 2000 from the RoC.
Major events and milestones
December 1999
- The Company was incorporated
July, 2000
- The Company received SEBI's approval to manage HDFC Mutual Fund Schemes
September 2000
- The Company reached an AUM of Rs.6.5 billion
August 2001
- Standard Life Investments became the Company's shareholder
September 2002
- The Company's AUM crossed Rs.100 billion
June 2003
- The Company acquired Zurich Asset Management Company Limited ("ZAMC"), having an AUM of Rs.34 billion, pursuant to which the Company achieved a combined AUM of Rs.118 billion
January 2009
- The Company's AUM crossed Rs.500 billion
October 2009
- The Company's AUM crossed Rs.1 trillion
March 2011
- HDFC Mutual Fund becomes #1 for Equity QAAUM*
March 2011
- HDFC Debt Fund for Cancer Cure, the first CSR oriented fund launched in India
September 2011
- HDFC Mutual Fund becomes #1 for total QAAUM*
March 2014
- HDFC Debt Fund for Cancer Cure 2014, the second CSR oriented fund launched in India
June 2014
- The Company acquired Morgan Stanley Mutual Fund schemes, having an AUM of Rs.19 billion
September 2014
- The Company's AUM crossed Rs.1.5 trillion
March 2016
- HDFC Mutual Fund becomes #2 for total QAAUM*
May 2016
- The Company's AUM crossed Rs.2 trillion
April 2017
- HDFC Charity Fund for Cancer Cure, the third CSR oriented fund launched in India
April 2017
- The Company's Equity AUM crossed Rs.1 trillion
December 2017
- The Company's AUM crossed Rs.3 trillion
Awards and accreditations
2012
- HDFC Mutual Fund won the Morningstar India Fund Awards 2012 in the "Best Fund House - Equity" category and the "Best Fund House - Multi Asset" category
- HDFC Balanced Fund - Growth won the Lipper Fund Awards 2012 in the "Mixed Asset INR Balanced - 5 Years" category
- HDFC Children's Gift Fund-Investment Plan won the Lipper Fund Awards 2012 in the "Mixed Asset INR Balanced - 3 Years" category
- HDFC Prudence Fund - Growth won the Lipper Fund Awards 2012 in the "Mixed Asset INR Aggressive - 3 Years" category
2013
- HDFC Balanced Fund - Growth won the Thomson Reuters Lipper Fund Awards 2013 in the "Mixed Asset INR Aggressive - Best Fund over 10 Years" category
- HDFC Balanced Fund won the Morningstar India Fund Awards 2013 in the "Best Moderate Allocation Fund" category
- HDFC Prudence Fund - Growth won the Lipper Fund Awards 2013 in the "Mixed Asset INR Aggressive - 10 Years" category
- HDFC Mutual Fund won the Morningstar India Fund Awards 2013 in the "Best Fund House - Equity" category and the "Best Fund House - Multi Asset" category
2014
- HDFC Balanced Fund won the Morningstar India Fund Awards 2014 in the "Best Moderate Allocation Fund" category
- HDFC Floating Rate Income Fund - Long Term Plan won the Morningstar India Fund Awards 2014 in the "Best Ultrashort Bond Fund" category
- HDFC Multiple Yield Fund - Plan 2005 won the Morningstar India Fund Awards 2014 in the "Best Conservative Allocation Fund" category
- Conservative Allocation Fund" category Mr. Prashant Jain, Chief Investment Officer, HDFC MF, won the Business Standard Annual Awards 2014 in the "Business Standard Equity Fund Manager of the Year" category
2015
- The Managing Director, Mr. Milind Barve, wins the Maxell Award for Excellence in Business Leadership in the Maxell Maharashtra Corporate Excellence Awards
- HDFC Floating Rate Income Fund - Long Term Plan won the Morningstar India Fund Awards 2015 in the "Best Ultrashort Bond Fund" category
- HDFC Multiple Yield Fund - Plan 2005 won the Morningstar India Fund Awards 2015 in the "Best Conservative Allocation Fund" category
- Mr. Chirag Setalvad was ranked #1 of the 10 Best Fund Managers 2015 - ET Wealth & Morningstar ranking
2016
- The Senior Fund Manager, Equity, Mr. Chirag Setalvad was ranked #7 of the 10 Best Fund Managers 2016 - ET Wealth & Morningstar ranking
- The Senior Fund Manager, Fixed Income, Mr. Anil Bamboli won the Business Standard Mutual Fund Manager of the Year 2016 Award in the "Best Debt Fund Manager" categories
- Mr. Prashant Jain, Chief Investment Officer, HDFC MF, was ranked #9 in the Outlook Business India's Best Fund Managers 2016 Award
2017
- HDFC Balanced Fund - Growth won the 2017 Thomson Reuters Lipper Fund Award in the Mixed Asset INR Balanced - "3, 5 & 10 Years" categories
- The Company won the Outlook Money Awards 2017 in the "Equity Fund House" category
- Mr. Chirag Setalvad won the Outlook Money September 2017 Award and was ranked #4 of the 10 Best Fund Managers 2017 - ET Wealth & Morningstar ranking
2018
- HDFC Small Cap Fund advertisement won a Gold award in the "Banking and Finance" category at Magzimise Awards
- HDFC Prudence Fund - Growth won the Thomson Reuters Lipper Fund Award 2018 in the "Mixed Asset INR Aggressive - Best Fund over 10 Years" category
- HDFC Balanced Fund - Growth won the Thomson Reuters Lipper Fund Award 2018 in the "Mixed Asset INR Balanced - Best Fund over 10 Years" category
- HDFC Balanced Fund - Growth won the Thomson Reuters Lipper Fund Award 2018 in the "Mixed Asset INR Balanced - Best Fund over 5 Years" category
- HDFC Mid - Cap Opportunities Fund - Growth won the Thomson Reuters Lipper Fund Award 2018 in the "Equity India - Best Fund over 10 Years" category
- HDFC Short Term Opportunities Fund won the Morningstar India Fund Awards 2018 in the "Short-Term Bond Fund" category
2023
- 'Composite Scheme of Amalgamation for the amalgamation of HDFC Limited with and into HDFC Bank effective from July 1, 2023'.
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