Asia Insurance Post
  • Home
  • Articles
  • Blog
  • Data
  • Facts
  • Editorial
  • Interviews
Select Page

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).

Submit a Comment Cancel reply

Your email address will not be published. Required fields are marked *

Recent Posts

  • Chinese Insurer Ping An’s offshore unit reconsiders US exposure
  • Berkshire Hathaway to invest $1.8 Billion in Tokio Marine
  • Trump puts off threat for 5 days to bomb Iran power grid,Oil drops, Stocks recover
  • No proposal under consideration on merger of PSU banks: MoS Finance
  • Indian drugmakers flood market with cheaper versions of Novo’s Ozempic, Wegovy

Categories

  • Articles
  • Banking & Bancassurance
  • Blog
  • Breaking News!
  • Briefs
  • Climate, Environment, Renewable Energy
  • Data
  • Disaster & Management
  • Eco/Invest/Demography
  • Editorial
  • Events
  • Facts
  • Features
  • Health
  • Indian News
  • Intermediaries
  • International News
  • Interviews
  • Life
  • Main Menu
  • Non-Life
  • Pandemic
  • Pension & Social Security
  • Policy
  • Regulation
  • Reinsurance
  • Risk Management
  • Simple
  • Technology
  • Trends, Facts
  • Uncategorized
  • Wealth Management/ Philanthropy
  • Workplace/Employee Benefits
  • Home
  • Articles
  • Blog
  • Data
  • Facts
  • Editorial
  • Interviews
  • Eco/Invest/Demography
  • Indian News
  • International News
  • Health
  • Non-Life
  • Pandemic
  • Technology
  • Risk Management
  • Reinsurance
  • Banking & Bancassurance
  • Wealth Management/ Philanthropy