India: HDFC planning IPO of mutual fund unit next year, says chairman

India: HDFC planning IPO of mutual fund unit next year, says chairman

HDFC chairman Deepak Parekh. Photo: S.Kumar/Mint

Housing Development Finance Corp. Ltd (HDFC) is looking to list its mutual fund unit in 2018 and is also evaluating a plan to start a distressed asset fund, chairman Deepak Parekh said.

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