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News HDFC Mutual Fund launches HDFC Long Duration Debt Fund
Jan 10, 2023
Mutual Fund
HDFC Mutual Fund launches HDFC Long Duration Debt Fund
NFO period: 06th January - 17th January, 2023
Highlights of the NFO:
- Scheme type - An open ended debt scheme investing in instruments such that the Macaulay Duration of the portfolio is greater than 7 years. A Relatively High Interest Rate Risk and Relatively Low Credit Risk
- Investment objective - The investment objective of the scheme is to generate income / capital appreciation through investments in debt and money market instruments. There is no assurance that the investment objective of the scheme will be realized.
- Product suitability - The product is suitable for investors who are seeking income over the long term. To generate income / capital appreciation through by investing in debt and money market instruments.
- Minimum Application Amount - First investment is Rs. 100/- and any amount thereafter
- Plan/ Options available - Regular Plan and Direct Plan having Growth Option and Income Distribution cum capital withdrawal option (Reinvestment of Income Distribution cum capital withdrawal option and Pay-out of Income Distribution cum capital withdrawal option).
- Fund Managers - Mr. Shobhit Mehrotra
- Benchmark - Nifty Long Duration Debt Index - AIII (Total Returns Index)
(Mutual Fund investments are subject to market risks, read all scheme related documents carefully.)
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