WebJul 22, 2024 · Separately, HDFC AMC informed that Prashant Jain, chief investment officer (CIO) of the company after 19 years, has decided to move on and has tendered his resignation to the company. The board has approved the appointment of Chirag Setalvad as head-Equities and Shobhit Mehrotra as head-Fixed income. WebSpeaking to ET NOW, Prashant Jain, Executive Director & Chief Investment Officer, HDFC Asset Management Company says he will continue to have a positive bias...
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WebJul 22, 2024 · Prashant Jain resigned from HDFC AMC. He used to manage funds of more than Rs 4 Lk Cr. Investors do not have to make any changes in the strategy. The management of HDFC AMC is very strong. Investors should stay in the fund according to their goals. The departure of the fund manager has no effect on the investment. The fund … WebJul 22, 2024 · Prashant Jain, the poster boy for the Rs 38-trillion domestic mutual fund (MF) industry, has quit HDFC Asset Management Company (AMC) after 19 years. He was … stars clicks
Prashant Jain
WebJul 25, 2024 · Prashant Jain of HDFC Mutual Fund has decided to move on after a 19-year-long stint with the AMC. One of the longest serving fund managers, Prashant Jain, the CIO of HDFC Mutual Fund, has decided to move on after 19 years, and tendered his resignation on last Friday. As the CIO, Jain was overseeing a corpus over ₹4 lakh crore and was … WebAug 5, 2024 · While the market cap to GDP ratio, or what is known as the Buffett indicator, and the forward P/E are on the higher side, Prashant Jain feels valuations overall are reasonable. The executive director and chief investment officer at HDFC AMC manages some of the largest funds in the industry, which underperformed for a few years but now … WebNov 26, 2024 · This has caused the value of Prashant Jain’s holding to surge to a mammoth Rs 344 crore as of date. Milind Barve, the distinguished MD of HDFC AMC, has even more reason to be pleased. He holds 11.7 lakh shares of the AMC, which are now valued at nearly Rs 433 crore. Other fund managers of HDFC AMC are also enjoying the … stars cleaning