Leave Encashment: Income Tax Exemption

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Please Note : it’s my personal view , i am not any advisor (nor SEBI registered), i am just putting down my view.
What is Leave Encashment?
: With $4.2 trillion in assets under management, India’s largest mutual fund managers. We began in 1999 as a joint venture between Housing Development Finance Corporation Limited (“HDFC”) and Standard Life Investments Limited (“SLI”), and we have been growing ever since. We completed an initial public offering in FY18-19 and became a publicly traded company in August 2018. HDFC and SLI are our largest shareholders, with 52.7 percent and 21.2 percent stakes, respectively. The investment manager for HDFC Mutual Fund (“HDFC MF”) schemes is HDFC Asset Management Company (“HDFC AMC”).
Important Dates :
My Analysis Date : 31st Oct 2021
Stock Price on 29th Oct 2021 : 2,648.60
My Personal Target : 3158
Expected Target Date: 22 Dec 2021
HDFCAMC Graph As on 31st Oct 2021 : 
Promoter/FII Holdings : As of March 31, 2021, promoters owned 58.9% of the company, while FIIs held 25.7 percent, DIIs 6.3 percent, and public & others 9.2 percent.
BUY CALL : HDFC Asset Management Company Ltd. got a buy call from IIFL with a target price of Rs 3400. HDFC Asset Management Company’s current market price is Rs 3267.1.

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