HDFC ASSET MANAGEMENT COMPANY LIMITED (AMC)

HDFC Asset Management Company Ltd (AMC) was incorporated under the Companies Act,
1956, on December 10, 1999, and was approved to act as an Asset Management Company for
the HDFC Mutual Fund by SEBI vide its letter dated June 30, 2000.
The registered office of the AMC is situated at Ramon House, 3rd Floor, H.T. Parekh Marg,
169, Backbay Reclamation, Churchgate, Mumbai - 400 020.
In terms of the Investment Management Agreement, the Trustee has appointed the AMC to
manage the Mutual Fund.
As per the terms of the Investment Management Agreement, the AMC will conduct the
operations of the Mutual Fund and manage assets of the schemes, including the schemes
launched from time to time.
The present shareholding pattern of the AMC is as follows:

Particulars % of the paid up capital

Housing Development Finance Corporation Limited 60
Standard Life Investments Limited 40

Zurich Insurance Company (ZIC), the Sponsor of Zurich India Mutual Fund, following a
review of its overall strategy, had decided to divest its Asset Management business in India.
The AMC had entered into an agreement with ZIC to acquire the said business, subject to
necessary regulatory approvals.

On obtaining the regulatory approvals, the following Schemes of Zurich India Mutual Fund
have migrated to HDFC Mutual Fund on June 19, 2003. These Schemes have been renamed
as follows:

Former Name New Name

Zurich India Equity Fund HDFC Equity Fund
Zurich India Prudence Fund HDFC Prudence Fund
Zurich India Capital Builder Fund HDFC Capital Builder Fund
Zurich India TaxSaver Fund HDFC TaxSaver
Zurich India Top 200 Fund HDFC Top 200 Fund
Zurich India High Interest Fund HDFC High Interest Fund
Zurich India Liquidity Fund HDFC Cash Management Fund
Zurich India Sovereign Gilt Fund HDFC Sovereign Gilt Fund

The AMC is managing 23 open-ended schemes of the Mutual Fund viz. HDFC Growth Fund
(HGF), HDFC Balanced Fund (HBF), HDFC Income Fund (HIF), HDFC Liquid Fund
(HLF), HDFC Long Term Advantage Fund (HLTAF), HDFC Children’s Gift Fund (HDFC
CGF), HDFC Gilt Fund (HGILT), HDFC Short Term Plan (HSTP), HDFC Index Fund,
HDFC Floating Rate Income Fund (HFRIF), HDFC Equity Fund (HEF), HDFC Top 200
Fund (HT200), HDFC Capital Builder Fund (HCBF), HDFC TaxSaver (HTS), HDFC
Prudence Fund (HPF), HDFC High Interest Fund (HHIF), HDFC Cash Management Fund
(HCMF), HDFC MF Monthly Income Plan (HMIP), HDFC Core & Satellite Fund (HCSF),
HDFC Multiple Yield Fund (HMYF), HDFC Premier Multi-Cap Fund (HPMCF), HDFC
Multiple Yield Fund . Plan 2005 (HMYF-Plan 2005) and HDFC Quarterly Interval Fund
(HQIF).
The AMC is also managing 6 closed ended Schemes of the HDFC Mutual Fund viz. HDFC
Fixed Maturity Plans, HDFC Long Term Equity Fund, HDFC Fixed Maturity Plans - Series
II, HDFC Fixed Maturity Plans - Series III, HDFC Fixed Maturity Plans - Series IV and
HDFC Fixed Maturity Plans - Series V.
The AMC is also providing portfolio management / advisory services and such activities are
not in conflict with the activities of the Mutual Fund. The AMC has renewed its registration
from SEBI vide Registration No. - PM / INP000000506 dated December 8, 2006 to act as a
Portfolio Manager under the SEBI (Portfolio Managers) Regulations, 1993. The Certificate of
Registration is valid from January 1, 2007 to December 31, 2009
The Board of Directors of the HDFC Asset Management Company Limited (AMC) consists
of the following eminent persons.
 Mr. Deepak S Parekh
 Mr. N. Keith Skeoch
 Mr Mark Connolly
 Mr. Hoshang S. Billimoria
 Mr. Humayun Dhanrajgir
 Mr. P. M. Thampi
 Dr. Deepak Phatak
 Mr Rajeshwar Raj Bajaaj
 Ms. Renu S. Karnad
 Mr. Milind Barve