# HDFC Asset Management Company

HDFC Asset Management Company is a Private Equity based in Mumbai, India.

## Overview

- **Organization type:** Private Equity
- **Headquarters:** Mumbai, India
- **Region:** Asia
- **Address:** Mumbai, Maharashtra, India
- **Founded:** 1999
- **Assets under management:** Undisclosed
- **Website:** hdfcfund.com
- **LinkedIn:** https://www.linkedin.com/company/hdfc-asset-management-company

## Regulatory record

- **Reports private funds:** No

## About

HDFC Asset Management Company provides mutual fund investment services within the financial services sector. It offers mutual fund products, including SIPs and various fund types, to individual and institutional investors. The company was founded in 1999 and is based in Mumbai, India.

## People

- Navneet Munot — Managing Director & CEO

## Questions

### Who runs investment decisions at HDFC Asset Management?

Navneet Munot is the Managing Director and CEO, overseeing the firm's investment management and business strategy since February 2021. The equity investment team is led by Chief Investment Officer Prashant Jain, a veteran of the firm since 2003 who manages several of HDFC Mutual Fund's flagship equity schemes. Fixed-income decisions are overseen by a separate team of fund managers reporting to the CIO.

### How does HDFC AMC source assets, and does it rely on the HDFC Bank network?

HDFC AMC draws a significant portion of its inflows from HDFC Bank's distribution network — the bank's branches serve as mutual fund distribution points, creating a proprietary sourcing channel unmatched by independent Indian asset managers. The firm also distributes through independent financial advisors, digital platforms, and institutional channels. This bank-led distribution funnel is the primary structural advantage over competitors like ICICI Prudential AMC or SBI Mutual Fund.

### What investment stages or asset classes does HDFC Asset Management typically target?

The firm operates primarily in public equities, fixed income, and liquid funds. Its equity mutual funds target large-cap, mid-cap, and flexi-cap segments of the Indian market. The alternatives division manages a real estate private equity fund and has signaled intentions to expand into infrastructure and private credit via alternative investment fund structures. It does not have a venture capital or direct private equity co-investment platform.

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Last updated: 2026-06-03T20:00:00.000Z

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