HDFC Mutual Fund logo

HDFC Mutual Fund

Asia, Maharashtra, India, Mumbai

Description

HDFC Mutual Management Company Ltd. is a privately owned investment manager.

Investor Profile

HDFC Mutual Fund has backed more than 22 startups, with 8 new investments in the last 12 months alone. The firm has led 3 rounds, about 14% of its total and boasts 18 exits across its portfolio.

Investment Focus Highlights

  • Concentrates on Post Ipo Equity, Private Equity, Undisclosed rounds (top funding stages).
  • Majority of deals are located in India.
  • Strong thematic focus on Manufacturing, Financial Services, Health Care.
  • Led 3 rounds in the past year.

Stage Focus

  • Post Ipo Equity (36%)
  • Private Equity (23%)
  • Undisclosed (14%)
  • Post Ipo Secondary (14%)
  • Series Unknown (9%)
  • Secondary Market (5%)

Country Focus

  • India (100%)

Industry Focus

  • Manufacturing
  • Financial Services
  • Health Care
  • Retail
  • Electronics
  • Consumer Goods
  • Fashion
  • Consumer Electronics
  • Home Services
  • Industrial Manufacturing
circle-line
FAQ

Frequently Asked Questions

Learn who this investor regularly partners with—both firms and angels—and explore their latest activity.

Who does HDFC Mutual Fund frequently co-invest with?

ICICI Prudential Mutual Fund
Asia, Maharashtra, India, Mumbai
Co-Investments: 8
Aditya Birla Sun Life AMC
Asia, Maharashtra, India, Aurangabad
Co-Investments: 4
Morgan Stanley
North America, New York, United States, New York
Co-Investments: 7
Societe Generale
Europe, Ile-de-France, France, Paris
Co-Investments: 6
BP
Europe, Ile-de-France, France, Paris
Co-Investments: 4
HDFC Standard Life Insurance
Asia, Maharashtra, India, Mumbai
Co-Investments: 4
Goldman Sachs
North America, New York, United States, New York
Co-Investments: 8
SBI Mutual Fund
Asia, Maharashtra, India, Mumbai
Co-Investments: 8
Citigroup Global Markets
North America, New York, United States, New York
Co-Investments: 3
Fidelity
North America, Massachusetts, United States, Boston
Co-Investments: 4

What are some of recent deals done by HDFC Mutual Fund?

State Bank of India

Mumbai, Maharashtra, India

The State Bank of India (SBI) is an Indian multinational, public sector banking and financial services company.

BankingFinanceFinancial Services
Post Ipo EquityJul 21, 2025
Amount Raised: $2,897,501,073
Sundram Fasteners Limited

Chennai, Tamil Nadu, India

Sundram Fasteners Limited is a supplier of choice to customers in the automotive and industrial segments worldwide.

AutomotiveManufacturing
Post Ipo EquityJun 27, 2025
Glenmark Pharmaceuticals

Andheri, Maharashtra, India

Glenmark Pharmaceuticals Ltd. (GPL) is a research-driven, global, integrated pharmaceutical company.

BiotechnologyHealth CarePharmaceutical
Post Ipo EquityJun 19, 2025
Bajaj Finserv

Pune, Maharashtra, India

Bajaj Finserv is the holding firm for the dealing of businesses along with financial services of the Bajaj Group

FinanceFinancial ServicesLending
Post Ipo SecondaryJun 6, 2025
Amount Raised: $641,816,225
Home First Finance Company

Mumbai, Maharashtra, India

Home First Finance Company provides housing loan financing.

Financial Services
Post Ipo EquityApr 11, 2025
Amount Raised: $145,207,255
IndusInd Bank

Pune, Maharashtra, India

IndusInd Bank is a private sector bank that offers corporate, retail, treasury, and foreign exchange investment banking services.

BankingFinancial ServicesFinTech
Post Ipo EquityMar 11, 2025
Zomato

Gurgaon, Haryana, India

Zomato is a restaurant discovery platform that allows users to search for restaurants, browse menus, and place orders for food delivery.

Post Ipo EquityNov 28, 2024
Amount Raised: $1,006,253,475
Godavari Biorefineries

Mumbai, Maharashtra, India

Godavari Biorefineries Ltd operates sugar mills and manufactures alcohol and alcohol based products.

AgricultureBiofuelManufacturing
UndisclosedOct 22, 2024
Amount Raised: $19,740,880
Medi Assist

Bengaluru, Karnataka, India

Medi Assist offers a range of wellness programs and value-added services to corporate employees and individuals along with health benefits.

Financial ServicesHealth CareInsurance
Post Ipo SecondarySep 3, 2024
Amount Raised: $72,792,245
STL

Pune, Maharashtra, India

STL is an Indian manufacturer of optical fibers, telecommunication cables and power transmission conductors.

InternetManufacturingOptical CommunicationTelecommunications
Post Ipo EquityApr 16, 2024
Amount Raised: $119,520,358