HDFC Asset Management Company Limited is one of India's preferred mutual fund managers that offers investment options across asset classes and scheme categories. It has been delivering simple and accessible investment products to Indian households for over two decades. A mutual fund is a trust that pools savings from investors with common financial goals and invests it in capital market instruments like shares and debentures, with the income and capital appreciation shared proportionately among unit holders. Recent data shows the cumulative average asset under management of all Indian fund houses was approximately Rs 6,87,640 crore in the last quarter of 2011.