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HDFC MF has retained its position of the most profitable fund house in 2014-15

In 2014-15, the HDFC Mutual Fund has retained its position as the most profitable fund house with a profit after tax (PAT) of Rs 416 crore.

The ICICI Prudential MF which is the second largest fund house in terms of assets base, has reported a profit after tax of Rs 247 crore.

Whereas Birla Sunlife MF has reported a PAT of Rs 123 crore. Reliance Mutual Fund remained at the second place and has posted a PAT of Rs 357 crore during the last fiscal.

Reliance MF CEO Sundeep Sikka said,  “As a fund house we believe in balanced growth – both top line and bottom line – and this has helped us deliver better results and value to our stakeholders and investors. We will continue to work towards better returns for all our stakeholders.”

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