HDFC Mutual Fund continues its expansion drive with the inauguration of 25 new branches across India. This strategic move aims to bring mutual fund investment solutions closer to a broader audience, especially in smaller cities and emerging economic hubs. The new branches, located in regions such as Bharatpur, Bhusaval, Varachha, Bopal, Wakad, Chittorgarh, and Barasat, are set to increase the company’s footprint, taking the total number of branches to over 250 nationwide.
Barasat, a rapidly developing market in West Bengal, is expected to see significant growth following the opening of HDFC Mutual Fund’s new branch. With its proximity to Kolkata and increasing economic activity, Barasat is becoming an important hub for financial services. The new branch will cater to the rising demand for investment options, offering local residents the opportunity to access wealth management services that were previously limited. This expansion reflects HDFC Mutual Fund’s commitment to making financial products more accessible to underserved markets.
This expansion aligns with SEBI’s push for financial inclusivity, as HDFC Mutual Fund seeks to educate and empower investors across urban and semi-urban regions. Mr. Navneet Munot, Managing Director & CEO of HDFC AMC, stated, “Our goal is to be the wealth creator for every Indian, and this expansion is a testament to that commitment.”
