HDFC Life’s Assets Under Management Cross ₹3 lakh crore
HDFC Life, one of India’s leading life insurance companies, announced that it has crossed ₹3 lakh crore in Assets Under Management (AUM). This milestone reflects the company's consistent growth and commitment to managing its policyholders' assets prudently.
City Air News
Jun 5, 2024 01:55
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Mumbai, June 5, 2024: HDFC Life, one of India’s leading life insurance companies, announced that it has crossed ₹3 lakh crore in Assets Under Management (AUM). This milestone reflects the company's consistent growth and commitment to managing its policyholders' assets prudently.
HDFC Life has a debt: equity mix of 67:33 with ~99% of debt investments in Government bonds and AAA rated securities as on Mar 31, 2024.
Prasun Gajri – Chief Investment Officer HDFC Life, commented, "Reaching ₹3 lakh crore in AUM highlights our ongoing focus on disciplined investment practices and strategic asset allocation. This milestone underscores our dedication to managing our customers' investments responsibly and our commitment to delivering superior risk adjusted returns. We will continue to uphold high standards of investment management to serve the best interests of our policyholders.”
