HDFC Mutual Fund picks bankers for IPO

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Credit: Satyakam Banerjee/VCCircle

HDFC Asset Management Co. Ltd, India’s second-largest mutual fund by assets, has selected half a dozen merchant bankers for its planned initial public offering, three people close to the development told VCCircle.HDFC AMC will be India’s second mutual fund company to go public after Reliance Nippon Life Asset Management Ltd ......

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