Shall I buy the HDFC AMC stock or mutual fund?

HDFC AMC shares listed on Monday and ended the day with gains of 65%. Photo: HT The HDFC Asset Management Co. Ltd stock closed 65% up on the first day of listing over its IPO price of ₹1,100 per share. Investors who sold on day one, saw ₹1 lakh investment turn to about ₹1.65 lakh over a 10-day period. HDFC AMC’s business is to offer its investment management service to investors—both retail and institutional. It’s performance track record as an asset manager is mixed. For example, investors into the best equity scheme over a…

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