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News HDFC Mutual Fund launches HDFC Innovation Fund
Jun 27, 2025
Mutual Fund
HDFC Mutual Fund launches HDFC Innovation Fund
NFO period: 27th June - 11th July, 2025
Highlights of the NFO:
- Scheme type - An open-ended equity-oriented scheme following the innovation theme.
- Investment objective - To generate long-term capital appreciation / income by investing in companies that are adopting innovative themes and strategies. There is no assurance that the investment objective of the Scheme will be achieved.
- Product suitability - This product is suitable for investors who are seeking capital appreciation over long term. To invest in equity and equity related instruments of companies that are adopting innovative themes and strategies.
- Minimum Application Amount - Rs. 100/- and in multiples of Re.1 thereafter.
- Plan/ Options available - Regular plan & Direct plan having Growth Option and Income Distribution cum Capital Withdrawal (IDCW) Option (with Payout of Income Distribution cum capital withdrawal option and Reinvestment of Income Distribution cum capital withdrawal option).
- Fund Managers - Mr. Amit Sinha & Mr. Dhruv Muchhal
- Benchmark - NIFTY 500 Index (TRI)
(Mutual Fund investments are subject to market risks, read all scheme related documents carefully.)
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