HDFC Mutual Fund opens 24 branches: One of India's leading mutual fund houses — HDFC Mutual Fund — has inaugurated 24 new branches across India on Tuesday, January 2. In a release the company stated that it is a strategic expansion initiative aimed at increasing penetration of mutual funds in India. 

HDFC Mutual Fund opens 24 branches: Check full list of new branches 

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HDFC Mutual Fund has opened the 24 new branches at — 
1) Angul (Odisha), 
2) Coochbehar (West Bengal), 
3) Hazaribagh (Jharkhand), 
4) Ratnagiri (Maharashtra),
5) Latur (Maharashtra),
6) Kharghar (Maharashtra), 
7) Renukoot (Uttar Pradesh),  
8) Raebareilly (Uttar Pradesh),  
9) Balia (Uttar Pradesh), 
10) Muzaffarnagar (Uttar Pradesh),  
11) Greater Noida (Uttar Pradesh),  
12) Firozabad (Uttar Pradesh), 
13) Chhindwara (Madhya Pradesh), 
14) Satna (Madhya Pradesh), 
15) Dwarka (Gujarat),   
16) Bardoli (Gujarat),   
17) Palanpur (Gujarat),  
18) Alappuzha (Kerala), 
19) Thiruvalla (Kerala), 
20) Vijaypura (Karnataka), 
21) Thoothukudi (Tamil Nadu), 
22) Sonepat (Haryana), 
23) Sirsa (Haryana), 
24) Solan (Himachal Pradesh).

The release stated that the unveiling of new branches positions HDFC Mutual Fund as an accessible wealth creator in the country, and the expansion underscores the company's mission 'To be the wealth creator for every Indian’.

Talking about the expansion, Navneet Munot, MD & CEO, HDFC AMC Ltd, said, "Our mission at HDFC Mutual Fund is to become the wealth creator for every Indian. This expansion of our branch network aims to make mutual funds more accessible across the length and breadth of our vast country. We want to enable masses to participate in India’s growth story and HDFC Mutual Fund, with a time-tested investment philosophy, wide array of offerings across asset classes and catering to diverse financial goals aims to provide investors viable investment solutions.”

Presently, HDFC AMC operates through an extensive network of over 200 branches.