Rajesh Pherwani

HDFC Asset Management Co. Ltd. (Investment Management) (HDFC-IM) is the fund management division of HDFC Asset Management Co. Ltd. (NSE: HDFCAMC), which is ultimately owned by HDFC Bank Ltd. (NSE: HDFCBANK) in India. The firm was founded in 1999 as a joint venture between HDFC and Standard Life Investments Ltd. Headquartered in Mumbai, HDFC-IM manages a range of mutual funds and provides portfolio management and advisory services for institutional investors and private individuals.

L&T Investment Management Ltd. (L&T IM) is an investment management firm headquartered in Mumbai, India. The firm was founded in 1996 as DBS Cholamandalam Asset Management Ltd. They were acquired by L&T Finance in 2010 and renamed L&T Investment Management Ltd. In 2022, HSBC Asset Management (India) Pvt Ltd., a subsidiary of HSBC Holdings Plc (LON: HSBA), acquired the firm. L&T IM manages the L&T Mutual Fund schemes for individual and institutional investors.

Housing Development Finance Corp. Ltd. engages in the provision of finance services to individuals, corporates, and developers for the purchase, construction, development, and repair of houses, apartments, and commercial properties. It operates through the following segments: Loans, Life Insurance, General Insurance, Asset Management, and Others. The Loans segment includes financing activities for housing and commercial real estate including education loans. The Asset Management segment is involved in portfolio management, mutual fund, and property investment management. The Others segment focuses on project management and investment consultancy. The company was founded by Hasmukh Thakorda Parekh on October 17, 1977 and is headquartered in Mumbai, India.