HDFC Mutual Funds Raises Stake to 2.2% in Aster DM Healthcare Amid Stable Financial Performance

HDFC Mutual Fund has picked up a 2.2% stake in Aster DM Healthcare Ltd through multiple mutual fund schemes, the company disclosed in a stock exchange filing on Friday. With this purchase, HDFC Mutual Fund’s aggregate holding in the hospital operator has risen to slightly above 7%.

Aster DM Healthcare’s Financial Performance

The investment coincides with consistent financial performance by Aster DM Healthcare. In the quarter ended December, the company posted a consolidated net profit of ₹524.5 million on revenue of ₹11.86 billion, reflecting stable operational momentum.

Despite the development, shares of Aster DM Healthcare closed nearly 1% lower at ₹630.80 on the National Stock Exchange on Friday.

HDFC Flexi Cap Fund Crosses ₹1 Lakh Crore AUM

In a separate update earlier this month, HDFC Asset Management Company announced that its flagship HDFC Flexi Cap Fund surpassed ₹1 lakh crore in assets under management (AUM) as of February 13, marking a key milestone for the scheme.

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Established in January 1995, the HDFC Flexi Cap Fund follows a dynamic investment strategy with the flexibility to allocate capital across market capitalisations and sectors. The fund relies on a research-led framework designed to deliver sustainable long-term wealth creation.

Navneet Munot, Managing Director and Chief Executive Officer of HDFC Asset Management Company, attributed the achievement to the fund’s three-decade track record spanning multiple market cycles. He noted that the growth in AUM reflects a disciplined investment philosophy and continued investor confidence over the years.

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