The company has a PE multiple of only 18.9 while the industry PE multiple is 34.2 and an ROE of 28.2 per cent, all of which point to strong managerial performance.

HDFC recently launched its HDFC Asset Allocator Fund of Funds, which is currently open for subscription. Read onto find out more about it.

Nifty P/E recently registered a high of 33.26 after almost twenty years. So, is it an indication of market crashing? Let’s find out.