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News HDFC Mutual Fund launches HDFC MNC Fund
Feb 17, 2023
Mutual Fund
HDFC Mutual Fund launches HDFC MNC Fund
NFO period: 17th February - 03rd March, 2023
Highlights of the NFO:
- Scheme type - An open ended equity scheme following multinational company (MNC) theme
- Investment objective - To provide long-term capital appreciation by investing predominantly in equity and equity related instruments of multinational companies (MNCs). 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 to generate long-term capital appreciation/income by investing predominantly in equity & equity related instruments of multinational companies.
- Minimum Application Amount - First investment is Rs. 100/- and in multiple of Rs. 1/- 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. Rahul Baijal and Mr.Priya Ranjan
- Benchmark - NIFTY MNC TRI (Total Returns Index)
(Mutual Fund investments are subject to market risks, read all scheme related documents carefully.)
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