HDFC AMC announces change in Key Personnel

HDFC Asset Management Company (AMC) has announced addendum to the Statement of Additional Information (‘SAI’) of HDFC Mutual Fund.

HDFC Mutual Fund has informed that Sonali Nitin Chandak has been appointed as Company Secretary & Head – Legal Designate of HDFC AMC with effect from June 07, 2024 and is a Key Personnel of HDFC AMC. Accordingly, her details stand inserted in the section ‘Information on Key Personnel’ appearing in the SAI of the Fund dated September 27, 2023 as follows:

Sonali Nitin Chandak (48 years) is a graduate from Mumbai University and Company Secretary from the Institute of Company Secretaries of India. She has over 23 years of experience in Compliance, Legal, Risk Management, and Corporate Secretarial area in financial services sector. She joined HDFC Asset Management Company as Company Secretary & Head – Legal Designate on June 07, 2024 onwards. Prior to joining here, Sonali Nitin Chandak held the position of Company Secretary at ICICI Prudential Life Insurance Company (February 2021 to May 2024). She also worked at ICICI Securities as Head - Compliance & Legal (April 2018 to February 2021) and Executive Director at Morgan Stanley Investment Management (October 2007 to April 2018).

All other contents of the SAI of HDFC Mutual Fund will remain unchanged. This addendum shall form an integral part of the SAI of the Fund as amended from time to time.