idfc amc

Closing AUM of AMC as of September 30, 2020 is INR 114.4 thousand crore while QAAUM for Q2 is also same at INR 114.3 lakh crore against INR 101.8 lakh crore for Q1 registering a growth of 12.3% QoQ. We are IDFC’s Asset Management arm and work under the aegis of IDFC Asset Management Company Ltd (IDFC AMC). We manage different mutual fund products for institutional and retail investors. IDFC AMC is the leading asset management company in India helping you achieve better outcomes for your savings by making smarter investment choices. IDFC Mutual Fund IDFC Mutual Fund was acquired in 2008-09. We manage different mutual fund products for institutional and retail investors. IDFC MF Tax Saving Mutual Funds, Equity Mutual Funds and Debt Funds Last quarter AMC profit was 30 crore so this quarter it can be around 33 crore. At IDFC Mutual Fund we generate income through asset management fees and focus on growing the assets under management by offering suitable products and channelling private and corporate savings into the debt and equity markets. In the last one year we have received numerous awards for our schemes’ performance from various research and ratings agencies. Welcome to IDFC Mutual Fund where we help people achieve a better outcome for their savings with a range of Equity and Debt Mutual Fund solutions. In the short span of time that we have been operating, the financial industry has recognized our innovative approach to managing assets. Expect similar increase in AMC profit for this quarter.

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