HDFC mutual funds Become largest AMC in India - (Banking)


HDFC Mutual funds has overcome ICICI prudential mutual fund to become largest AMC (asset management company) in India .Till December HDFC Mutual funds assets was of Rs 3.35 lakh crore, and ICICI mutual funds assets was of  Rs 3.08 lakh crore.
Among other firms, SBI MF stood at the third number with AUM(Assest under management) of Rs 2.64 lakh crore, followed by Aditya Birla Sun Life MF (Rs 2.42 lakh crore) and Reliance MF (Rs 2.36 lakh crore)
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