The MF house reinforces commitment to Financial Inclusion
FinTech BizNews Service
Mumbai, 2 January, 2025: HDFC Mutual Fund, one of India’s leading mutual fund houses, has inaugurated 25 new branches across various regions in India. This initiative is part of the company’s ongoing efforts to expand its reach and make investing in mutual funds more accessible in the country. These new Branches i.e. Business Centres will be opened in Bharatpur, Bhusaval, Varachha, Bopal, Wakad, Chittorgarh, Jalna, Azamgarh, Purnea, Sitapur, Basti, Arrah, Badlapur, Kashipur, Ferozepur, Barasat, Berhampore (Murshidabad), Bolpur, Kollam, Khammam, Hosur, Hassan, Nagercoil, Vizianagaram, and Thanjavur.
The new branches positions HDFC AMC as one of the most accessible wealth creators in the country and underscores the company’s mission - To be the wealth creator for every Indian. This expansion increases HDFC Mutual Fund's network to over 250 branches nationwide, bringing financial solutions closer to people in both urban and semi-urban areas. By opening branches in smaller cities and emerging economic hubs, the company aims to provide financial literacy and services to underserved markets. This initiative aligns seamlessly with SEBI’s initiative of promoting financial inclusivity across India.
Commenting on this significant expansion, Mr. Navneet Munot, Managing Director & CEO of HDFC AMC Ltd., said, "At HDFC AMC, our mission is to be the wealth creator for every Indian. The addition of 25 new branches across the country reflects our unwavering commitment to this mission. Each branch serves as a bridge, connecting local aspirations with the right investment opportunities. We remain dedicated to transforming the financial landscape by offering comprehensive investment solutions that empower every Indian to participate meaningfully in the country’s economic growth story."
