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HDFC Life’s assets under management cross Rs3 lakh crore

by AIP Online Bureau | Jun 5, 2024 | Eco/Invest/Demography, Indian News, Wealth Management/ Philanthropy | 0 comments

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

Mumbai:HDFC Life, one of India’s leading life insurance companies, announced that
it has crossed Rs 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 Rs3 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.”

HDFC Life follows a Responsible Investment policy.

The objective of this policy is to generate optimal risk adjusted returns over the long term through consideration of environmental, social and governance factors in investment decisions. HDFC Life also became signatory to United Nations – supported
Principles for Responsible Investment (UN-PRI).

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