Fund house

HDFC

Its schemes hold 741 companies worth ₹6,01,636 Cr in Sept 2026.

AUM
₹9,82,689 CrHDFC's AUM averaged over Aug 2026, as AMFI reports it. Up 2.2% on Jul 2026, ₹9,61,237 Cr.
Largest holding
ICICI BankICICI Bank is 3.5% of HDFC's AUM.
Largest sector
BanksCompanies in Banks make up 14.4% of HDFC's AUM.
Top 10 holdings
18.0% of AUMThe 10 largest holdings together make up 18.0% of HDFC's AUM.

Fund managers^{(Sept 2026)}

Every fund manager with its figures in Sept 2026. Click a column's header to sort by it.

Anil Bamboli	Head - Fixed Income	CFA MMS B.Com	14	1	1,89,261	+8.9%	31 years	Feb '04
Chirag Setalvad	Head - Equities		6	–	1,61,313	+15.0%	29 years	Apr '07
Ihab Dalwai	Senior Fund Manager –		5	–	1,38,013	+15.4%	14 years	Jun '17
Gopal Agrawal	Senior Fund Manager – Equities	B.E.	3	44	1,36,351	+18.6%	21 years	Jul '20
Amit Ganatra	Senior Fund Manager – Equities (w.e.f. February 1, 2026)	CA CFA M.Com	1	–	1,08,547	+19.6%	23 years	Jan '22
Anupam Joshi	Co-Head - Fixed Income	PGDM	25	–	86,580	+6.8%	25 years	Oct '15
Nandita Menezes			30	6	85,136	+7.6%	–	Aug '20
Rohan Pillai			2	–	76,638	+5.8%	–	Oct '25
Swapnil Jangam	Fund Manager and Dealer – Fixed Income	CA CFA B.Com	2	–	76,638	+6.2%	14 years	Oct '22
Praveen Jain	Fund Manager and Senior Credit Analyst - Fixed Income	CA CFA B.Com	7	–	72,045	+7.2%	21 years	Oct '22
Arun Agarwal	Fund Manager and Dealer - Equities	CA B.Com	42	7	68,315	+3.1%	25 years	Aug '20
Amar Kalkundrikar	Fund Manager - Equities	CA CFA MBA	6	–	66,749	+13.5%	23 years	Oct '20
Rahul Baijal			2	–	48,787	+13.1%	–	Jul '22
Bhagyesh Kagalkar	Senior Equity Analyst and Fund Manager	MMS B.E.	3	26	31,677	+33.1%	31 years	Feb '22
Anand Laddha	Fund Manager - Equities & Senior Equity Analyst	CA B.Com	4	–	21,104	+11.1%	22 years	Jul '21
Priya Ranjan	Fund Manager and Senior Equity Analyst	PGDM B.E.	2	–	13,537	+26.7%	16 years	Aug '23
Abhishek Mor	Fund Manager and Dealer - Equities	CA B.Com	17	–	11,697	−36.8%	7 years	Nov '22
Bhavyesh Divecha	Fund Manager and Credit Analyst - Fixed Income	CFA PGDM B.E.	3	–	11,161	+7.3%	19 years	Mar '25
Rakesh Sethia			1	–	10,280	+5.9%	–	May '24
Amit Sinha	Fund Manager and Senior Equity Analyst	PGDM B.Tech	2	–	4,106	+11.0%	18 years	Jul '23
Sankalp Baid	Co-Fund Manager and Backup Dealer - Fixed Income	CA B.Com	8	–	3,942	+6.3%	19 years	Aug '24
Nikhil Mathur			1	–	3,501	+29.0%	–	Oct '23
Ashish Shah	Fund Manager and Senior equity Analyst	MMS B.E.	2	–	3,351	–	20 years	Nov '25
Balakumar B	Fund Manager and Senior Equity Analyst	CFA PGDM B.Tech	1	–	1,371	+5.3%	15 years	Sep '23

AUM by lead manager^{(Sept 2026)}

Chirag Setalvad16%₹1,52,996 Cr
Gopal Agrawal14%₹1,36,351 Cr
Amit Ganatra11%₹1,08,547 Cr
Anupam Joshi9%₹86,580 Cr
Swapnil Jangam8%₹76,638 Cr
Anil Bamboli8%₹72,889 Cr
Amar Kalkundrikar7%₹66,749 Cr
Nandita Menezes6%₹57,542 Cr
Rahul Baijal5%₹48,787 Cr
Praveen Jain4%₹35,255 Cr

Fig. 1.Each scheme's AUM at the end of Sept 2026, counted once, for its lead: the manager its page names first. Source: AMFI.

Joined and left^{(Sept 2024 – now)}

Moves, Oct 2026

Fig. 1.Moves a month, Sept 2024 – Oct 2026: someone joined or left, or took on or handed over schemes. Each month's are below.

Oct 2026

2 moves

Arun Agarwal took on 1 scheme
8 OctHDFC BSE REITs and Commercial Real Estate Index Fund
Nandita Menezes took on 1 scheme
8 OctHDFC BSE REITs and Commercial Real Estate Index Fund

Sept 2026

20 moves

Chirag Setalvad took on 1 scheme
14 SeptHDFC Retirement Fund Hybrid Equity Plan
Dhruv Muchhal left
14 SeptHDFC ELSS Tax Saver Fund, HDFC Retirement Fund Hybrid Equity Plan
Gopal Agrawal took on 2 schemes
14 SeptHDFC ELSS Tax Saver Fund, HDFC Retirement Fund Hybrid Equity Plan
Ihab Dalwai took on 1 scheme
14 SeptHDFC Multi Asset Active FoF
Srinivasan Ramamurthy left
14 SeptHDFC Multi Asset Active FoF, HDFC Retirement Fund Hybrid Equity Plan
Amar Kalkundrikar took on 4 schemes
11 SeptHDFC Business Cycle Fund, HDFC MNC Fund and 2 more
Amit Ganatra handed over 1 scheme
11 SeptHDFC Focused Fund
Anand Laddha took on 2 schemes
11 SeptHDFC Equity Savings Fund, HDFC Conservative Hybrid Fund
Anupam Joshi handed over 1 scheme
11 SeptHDFC Long Term Fund
Ashish Shah took on 1 scheme
11 SeptHDFC Housing Opportunities Fund
Bhagyesh Kagalkar took on 24 schemes
11 SeptHDFC Manufacturing Fund, HDFC Business Cycle Fund and 22 more
Chirag Setalvad took on 2 schemes
11 SeptHDFC Retirement Fund Hybrid Debt Plan, HDFC Retirement Fund Equity Plan
Dhruv Muchhal handed over 45 schemes
11 SeptHDFC Manufacturing Fund, HDFC Business Cycle Fund and 43 more
Gopal Agrawal took on 42 schemes
11 SeptHDFC Manufacturing Fund, HDFC Business Cycle Fund and 40 more
Ihab Dalwai took on 3 schemes
11 SeptHDFC Balanced Advantage Fund, HDFC Multi Asset Allocation Fund and 1 more
Nikhil Mathur handed over 1 scheme
11 SeptHDFC MNC Fund
Rahul Baijal handed over 1 scheme
11 SeptHDFC Business Cycle Fund
Srinivasan Ramamurthy handed over 8 schemes
11 SeptHDFC Housing Opportunities Fund, HDFC Equity Savings Fund and 6 more
Ihab Dalwai joined
10 SeptHDFC Diversified Equity All Cap Active FoF
Srinivasan Ramamurthy handed over 1 scheme
10 SeptHDFC Diversified Equity All Cap Active FoF

Aug 2026

4 moves

Abhishek Mor took on 1 scheme
13 AugHDFC Nifty Metal ETF
Arun Agarwal took on 1 scheme
13 AugHDFC Nifty Metal ETF
Bhagyesh Kagalkar took on 1 scheme
13 AugHDFC Gold Silver Passive FoF
Nandita Menezes took on 1 scheme
13 AugHDFC Gold Silver Passive FoF