Whalesbook
HDFC Pension Fund Management has achieved a significant milestone, crossing ₹1.50 lakh crore in Assets Under Management (AUM) as of November 17. This represents a 200% surge from ₹50,000 crore in May 2023. The fund manager, serving over 27 lakh subscribers, holds a 43% market share and partners with over 4,300 corporates. This growth is fueled by recent Pension Fund Regulatory and Development Authority (PFRDA) reforms, including the Multiple Scheme Framework, enhancing subscriber flexibility.